1-Bedroom Apartment Rent in Albany, NY
Median asking rent for a 1-bedroom apartment in Albany, New York as of July 2026. That's +23% lower than the citywide median of $1,611 and +12% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in Albany
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in Albany
Compare Albany's median rent across every apartment size.
Cheapest cities for a 1-bedroom in New York
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Elmira | $711 |
| 2 | Gloversville | $790 |
| 3 | Auburn | $840 |
| 4 | Potsdam | $870 |
| 5 | Utica | $895 |
| 6 | Endicott | $900 |
| 7 | Lockport | $900 |
| 8 | Niagara Falls | $903 |
| 9 | North Tonawanda | $910 |
| 10 | Rome | $940 |
| 11 | Watertown | $940 |
| 12 | Binghamton | $947 |
| 13 | Palmyra | $950 |
| 14 | Johnson City | $960 |
| 15 | Oneonta | $990 |
Most expensive cities for a 1-bedroom in New York
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Rye | $3,770 |
| 2 | Harrison | $3,440 |
| 3 | Garden City | $3,360 |
| 4 | Scarsdale | $3,240 |
| 5 | Nanuet | $3,190 |
| 6 | Dobbs Ferry | $3,040 |
| 7 | White Plains | $2,922 |
| 8 | Larchmont | $2,870 |
| 9 | Mamaroneck | $2,840 |
| 10 | Port Chester | $2,820 |
| 11 | Plainview | $2,750 |
| 12 | Ossining | $2,750 |
| 13 | Farmingville | $2,750 |
| 14 | New York | $2,732 |
| 15 | Hicksville | $2,700 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 5 of these cities have cheaper 1-bedroom rents than Albany.
| City | Distance | 1-Bedroom rent | vs Albany |
|---|---|---|---|
| Latham, NY | 6 mi | $1,450 | +$216 (+18%) |
| Delmar, NY | 6.4 mi | $1,510 | +$276 (+22%) |
| Clifton Park, NY | 12.9 mi | $1,310 | +$76 (+6%) |
| Troy, NY | 14.2 mi | $1,110 | $-124 (-10%) |
| Saratoga Springs, NY | 28.4 mi | $1,630 | +$396 (+32%) |
| Catskill, NY | 31.1 mi | $1,180 | $-54 (-4%) |
| Glens Falls, NY | 45.7 mi | $1,070 | $-164 (-13%) |
| Gloversville, NY | 49.9 mi | $790 | $-444 (-36%) |
| New Paltz, NY | 66 mi | $1,580 | +$346 (+28%) |
| Poughkeepsie, NY | 67.7 mi | $1,405 | +$171 (+14%) |
| Torrington, CT | 73.2 mi | $1,130 | $-104 (-8%) |
| Wappingers Falls, NY | 74.3 mi | $1,600 | +$366 (+30%) |
1-Bedroom rent in Albany — common questions
How much is a 1-bedroom apartment in Albany?
As of July 2026, the median 1-bedroom apartment rent in Albany, New York is $1,234 per month. This is +23% below the citywide median of $1,611.
What income do you need to afford a 1-bedroom in Albany?
Using the standard 30% rent-to-income rule, you would need an annual income of about $49,360 ($4,113/month gross), which works out to roughly $23.73/hour at a full-time job.
Is Albany expensive for a 1-bedroom compared to the rest of the US?
Albany's 1-bedroom median of $1,234 is +12% below the national 1-bedroom median of $1,395. It ranks in the 39th percentile of US cities tracked.
How does Albany rank for 1-bedroom rent in New York?
Among the 124 cities in New York with 1-bedroom data, Albany ranks #40 from cheapest to most expensive.
Are there cheaper 1-bedroom options near Albany?
Yes — nearby cities with cheaper 1-bedroom rents include Troy ($1,110), Catskill ($1,180), Glens Falls ($1,070).