Rental market trends for
Albany, NY
The average rent price in Albany was $1,461 last month, up $36 month over month.
Median rent
$1,461
Month-over-month change
+$36
Average rent in Albany
In March 2024, Albany rental prices increased $36 compared to last month.
$1,461
+2.57% month over month
Median rent of neighborhoods in Albany
| Neighborhood | Median rent | MoM (% change) |
|---|---|---|
| Pine Hills | $1,500 | +27.66% |
| Downtown Albany | $1,465 | -0.93% |
| Sheridan Hollow | $1,495 | +57.37% |
| Mansion Area | $1,200 | -29.41% |
Last updated: 09/24/2025
Average rent of nearby cities
Here's how Albany's average rent of $1,461 compares to nearby cities.
Last updated: 09/24/2025
More resources for Albany
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| Condos for rent in Albany | Rental listings in Albany | ||
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