Albany, NY Rent History

141 months of data, 2015–2026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-09)
$1,664
1-year change
+5.5%
$87/mo
5-year change
+28.1%
$365/mo
10-year change
+55.4%
$593/mo

Monthly rent trend

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Year-by-year rent in Albany

YearMedian rentYoY changevs 2015
2015$1,009/mo—0.0%
2016$1,045/mo+3.6%+3.6%
2017$1,083/mo+3.6%+7.3%
2018$1,135/mo+4.8%+12.5%
2019$1,152/mo+1.5%+14.2%
2020$1,210/mo+5.0%+19.9%
2021$1,256/mo+3.8%+24.5%
2022$1,339/mo+6.6%+32.7%
2023$1,424/mo+6.3%+41.1%
2024$1,486/mo+4.4%+47.3%
2025$1,563/mo+5.2%+54.9%
2026$1,624/mo+3.9%+61.0%

Frequently asked questions

How much has rent in Albany changed since 2015?

Median rent in Albany, NY was $1,008 in 2015-01 and is $1,664 as of 2026-09 — a change of $656 per month over 11 years.

How much has Albany rent increased in the last 5 years?

Over the past 5 years, median rent in Albany, NY has changed +28.1% ($365 per month). The current median is $1,664.

What has rent in Albany done over the past decade?

Over the past 10 years, median rent in Albany, NY has changed +55.4% ($593 per month). It is now $1,664.

Is rent in Albany going up or down year over year?

Year over year, median rent in Albany, NY has increased +5.5% ($87/mo). Current median: $1,664.

See full rent data for Albany, NY →
Methodology: Rent figures use ZORI (Zillow Observed Rent Index) monthly smoothed seasonally-adjusted values for all properties (single family + condo + multifamily). Year-by-year table uses April readings (or nearest available month) for consistency across years. 1-/5-/10-year change uses the same month 2026 as the anchor.