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studio apartments
Last updated April 6 2020 at 9:54 AM

7 Studio Apartments for rent in Albany, NY

Last updated April 4 at 11:14am
Downtown Albany
1 Unit Available
99 Pine St 501
99 Pine St, Albany, NY
Studio
$1,895
925 sqft
Everything Included! Apt with 360 Deg.
Last updated April 6 at 06:22am
Capitol Hill
1 Unit Available
125 Jefferson Street - 1
125 Jefferson St, Albany, NY
Studio
$1,750
1450 sqft
Have your business reap the benefits of becoming a part of the popular Hudson Park neighborhood. Immaculate and newly renovated open concept space with bathroom, brick, and incredible natural light.
Last updated April 6 at 06:22am
Capitol Hill
1 Unit Available
125 Jefferson Street - 2
125 Jefferson Street, Albany, NY
Studio
$1,500
1150 sqft
Have your business reap the benefits of becoming a part of the popular Hudson Park neighborhood. Immaculate and newly renovated open concept space with bathroom, brick, and incredible natural light.
Last updated April 6 at 06:22am
Central Avenue
1 Unit Available
485 State St. #1
485 State St, Albany, NY
Studio
$800
700 sqft
Multi-family building Check out our other listings here: https://qualityaffordablecityhomes.managebuilding.com/Resident/public/home
Last updated April 6 at 06:22am
Central Avenue
1 Unit Available
483 State St. #1
483 State St, Albany, NY
Studio
$950
900 sqft
Multi-family building Check out our other listings here: https://qualityaffordablecityhomes.managebuilding.com/Resident/public/home
Results within 10 miles of Albany
Verified
Last updated April 6 at 06:59am
33 Units Available
The Lofts at Harmony Mills
100 N Mohawk St, Cohoes, NY
Studio
$1,111
556 sqft
Overlooking the Mohawk River and just a short drive to Troy or Downtown Albany. High, lofted ceilings, eight-foot windows, and indoor parking and swimming. Stunning views and well-appointed, modern units.
Verified
Last updated April 6 at 06:38am
14 Units Available
Fox Run
100 Foxwood Dr, Cohoes, NY
Studio
$745
300 sqft
Country Resort Living with City Convenience! Nestled in over fifty forested acres with a spring fed fountain pond, Fox Run is quiet, affordable and just minutes from the I-87 Northway.

April 2020 Albany Rent Report

Welcome to the April 2020 Albany Rent Report. Albany rents remained steady over the past month. In this report, we'll evaluate trends in the Albany rental market, including comparisons to cities throughout the state and nation.

View full Rent Report

April 2020 Albany Rent Report

Welcome to the April 2020 Albany Rent Report. Albany rents remained steady over the past month. In this report, we'll evaluate trends in the Albany rental market, including comparisons to cities throughout the state and nation.

Albany rents held steady over the past month

Albany rents have declined 0.1% over the past month, but have been relatively flat at 0.1% in comparison to the same time last year. Currently, median rents in Albany stand at $892 for a one-bedroom apartment and $1,098 for a two-bedroom. Albany's year-over-year rent growth lags the state average of 1.7%, as well as the national average of 1.9%.

    Rents rising across cities in New York

    Throughout the past year, rents have remained steady in the city of Albany, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in New York, 7 of them have seen prices rise. The state as a whole logged rent growth of 1.7% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

    • Looking throughout the state, New York is the most expensive of all New York's major cities, with a median two-bedroom rent of $2,565; of the 10 largest cities in New York that we have data for, Cohoes, Buffalo, and New Rochelle, where two-bedrooms go for $1,014, $878, and $1,819, respectively, are the three major cities in the state to see rents fall year-over-year (-2.5%, -0.6%, and -0.2%).
    • Schenectady, Troy, and New York have all experienced year-over-year growth above the state average (5.0%, 3.0%, and 2.7%, respectively).

    Albany rents more affordable than many large cities nationwide

    Rent growth in Albany has been relatively stable over the past year - some other large cities have seen more substantial increases; in contrast, rents in a few cities have actually declined. Albany is still more affordable than most large cities across the country.

    • Albany's median two-bedroom rent of $1,098 is below the national average of $1,197. Nationwide, rents have grown by 1.9% over the past year compared to the stagnant growth in Albany.
    • While rents in Albany remained moderately stable this year, similar cities saw increases, including Phoenix (+3.4%), Miami (+2.7%), and Dallas (+2.3%); note that median 2BR rents in these cities go for $1,106, $1,391, and $1,139 respectively.
    • Renters will find more reasonable prices in Albany than most large cities. For example, San Francisco has a median 2BR rent of $3,102, which is more than two-and-a-half times the price in Albany.

    For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

    Methodology - Recent Updates:

    Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

    Read more about our new methodology below, or see a more detailed post here.

    Methodology:

    Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

    Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

    Read more about our methodology here.

    About Rent Reports:

    Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

    We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

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