In this comprehensive guide, we will discuss the different neighborhoods and suburbs in Albany and the types of apartments available. We will provide an overview of rental rates, popular amenities and tips for finding your ideal Albany rental. Whether you're a student, young professional or family, you'll discover why apartment living in Albany is an excellent choice.
Downtown Albany is the central business, entertainment and cultural district of New York's capital city. Living downtown puts you steps from major employers like the state government offices, Albany Medical Center and Albany Law School. It also gives walking access to attractions like the Empire State Plaza, Times Union Center arena, the Egg performing arts center and the Albany Institute of History & Art.
The downtown Albany apartment scene is dominated by luxury high-rise buildings offering extensive amenities. Many occupy historic renovated buildings with unique architectural details. Expect features like fitness centers, rooftop lounges, golf simulators and heated outdoor pools. Apartments feature high-end finishes like granite countertops, stainless steel appliances and hardwood floors. Most have floor-to-ceiling windows with great views of the Hudson River and downtown.
Rental rates currently average around $1600-$2800 per month for one bedrooms and $2200-$4000 for two bedrooms.
Some of the most popular luxury buildings downtown include:
While pricey, these upscale downtown Albany apartments offer a walkable urban lifestyle close to entertainment and amenities. Proximity to work makes the higher rents worthwhile for many professionals.
Just northwest of downtown Albany sits the Pine Hills neighborhood. It is home to the main campus of the University at Albany. Pine Hills offers a vibrant mix of residential streets lined with brick row houses and small apartment buildings. It has an urban feel while still being quiet and family-friendly.
A big draw is the neighborhood's walkability and proximity to campus. There are coffee shops, restaurants, bars and small grocery stores scattered throughout. It allows residents to live a car-free or car-lite lifestyle.
Apartments in Pine Hills run the full gamut from student housing to luxury condos. Rents average from $800 for a studio to $1500 for a 2 bedroom apartment.
Options include:
Pine Hills' vibrant mix of people and housing options make it one of Albany's most interesting and livable neighborhoods. Proximity to campus and downtown gives it an urban beat.
On the western edge of Albany sits the Delaware Area neighborhood. It is a more suburban district but still only 10 minutes from downtown. Delaware Avenue is a historic street lined with shops, restaurants and offices. It forms the heart of the neighborhood's business district.
The area has a mix of single-family homes, row houses and low-rise apartment buildings. Rents are very affordable compared to downtown. One bedroom units can be found for $600-$900 per month on average. Two bedrooms rent for $800-$1500.
Some features renters enjoy include:
The Delaware Area combines walkability, historic architecture and low costs. It appeals to University students and staff as well as young families. Its local vibe provides a nice alternative to downtown living.
Adjacent to downtown Albany sits the prestigious Center Square neighborhood. This National Historic District is home to beautiful brownstones, row houses and churches built in the 19th and early 20th centuries. It mixes residential streets with buzzing cafes, local shops and small businesses.
Center Square is Albany's most in-demand and expensive neighborhood. Rental rates currently average $1100-$1700 for one bedroom units. Two bedrooms rent for $1600-$2500 per month. Low availability keeps prices high, but the historic ambiance is unmatched.
Popular housing options include:
The beauty, charm and convenience of Center Square make it a top choice. Renters flock to live in this preserved historic neighborhood within walking distance of downtown attractions.
On Albany's western edge, the Westland District boasts spacious apartments at affordable rates. Its proximity to downtown is close but the environment is much more relaxed. The neighborhood features mostly residential streets and small parks. Retail and dining options are limited but improving.
Rents in Westland are roughly $700-$1100 per month for one bedrooms and $900-$1500 for two bedrooms. The more budget-friendly rates allow residents more living space.
Typical options include:
Westland brings affordability without sacrificing convenience. Residents appreciate the quick commute to downtown and a parking spot for every apartment. More retail and grocery options continue to grow as well.
Situated just south of Albany's University Heights district sits the Columbia-Greene neighborhood. It combines stately homes and residential streets with bustling student life. The area directly borders the Albany College of Pharmacy campus. It is also within walking distance of Sage College of Albany.
The influx of students makes one bedroom apartments the most common offering. Rents range from $750 to $1250 per month. Two bedrooms rent for $900-$1500 on average.
Housing options include:
The accessibility of classes, downtown and Lark Street make the Columbia-Greene neighborhood very student-centric. It also appeals to young couples and families drawn by the appealing historic architecture.
Bordering Pine Hills and downtown Albany, Melrose is a more suburban feeling residential area. It provides quiet tree-lined streets within a quick drive to major employers and attractions. Proximity to Albany Med also attracts medical residents and nurses.
Melrose apartments range from $700 for smaller 1 bedroom units to $1500 for larger 2 bedrooms.
Typical options include:
Melrose gives renters a peaceful neighborhood environment just outside the city. The mix of apartment types in historic homes and small complexes appeals to medical personnel, families and professionals.
Adjacent to Albany Medical Center sits the Park South neighborhood. It combines leafy residential streets and small shops with medical offices and patient services. The neighborhood directly borders Albany Med, the region's largest employer.
Most Park South apartments cater to medical residents and nurses with convenient proximity. Rents average $900-$1500 for one bedrooms and $1100-$1700 for two bedrooms.
Options include:
Proximity to work at Albany Med draws many hospital employees to Park South. The range of housing types suit different needs and budgets.
Albany offers prospective renters diverse neighborhoods and apartment types to consider. But how do you start your apartment search?
Here are some tips:
With an understanding of the neighborhoods and average rents, you can find your perfect Albany apartment. The rental market moves fast, so prepare your documents, search early and be ready to apply. Enjoy living in one of New York's most historic and thriving capital cities.