2-Bedroom Apartment Rent in Albany, NY
Median asking rent for a 2-bedroom apartment in Albany, New York as of October 2026. That's +10% lower than the citywide median of $1,664 and +10% below the national 2-bedroom median of $1,657.
Income needed for a 2-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 2-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 2-bedroom in New York
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Elmira | $1,005 |
| 2 | Gloversville | $1,040 |
| 3 | Lockport | $1,050 |
| 4 | Niagara Falls | $1,055 |
| 5 | North Tonawanda | $1,070 |
| 6 | Auburn | $1,080 |
| 7 | Cortland | $1,093 |
| 8 | Clarence | $1,100 |
| 9 | Potsdam | $1,110 |
| 10 | Utica | $1,115 |
| 11 | Endicott | $1,140 |
| 12 | Lancaster | $1,140 |
| 13 | Rome | $1,180 |
| 14 | Binghamton | $1,193 |
| 15 | Buffalo | $1,209 |
Most expensive cities for a 2-bedroom in New York
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Rye | $4,170 |
| 2 | Garden City | $3,880 |
| 3 | Harrison | $3,810 |
| 4 | Scarsdale | $3,590 |
| 5 | Nanuet | $3,530 |
| 6 | Dobbs Ferry | $3,370 |
| 7 | White Plains | $3,234 |
| 8 | Plainview | $3,170 |
| 9 | Farmingville | $3,170 |
| 10 | Mamaroneck | $3,150 |
| 11 | Port Chester | $3,120 |
| 12 | Hicksville | $3,120 |
| 13 | Eastchester | $3,080 |
| 14 | Ossining | $3,050 |
| 15 | New York | $3,032 |
Nearby cities — 2-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 2-bedroom rents than Albany.
| City | Distance | 2-Bedroom rent | vs Albany |
|---|---|---|---|
| Latham, NY | 6 mi | $1,750 | +$259 (+17%) |
| Delmar, NY | 6.4 mi | $1,830 | +$339 (+23%) |
| Clifton Park, NY | 12.9 mi | $1,580 | +$89 (+6%) |
| Troy, NY | 14.2 mi | $1,345 | $-146 (-10%) |
| Saratoga Springs, NY | 28.4 mi | $1,970 | +$479 (+32%) |
| Catskill, NY | 31.1 mi | $1,540 | +$49 (+3%) |
| Glens Falls, NY | 45.7 mi | $1,340 | $-151 (-10%) |
| Gloversville, NY | 49.9 mi | $1,040 | $-451 (-30%) |
| New Paltz, NY | 66 mi | $2,070 | +$579 (+39%) |
| Poughkeepsie, NY | 67.7 mi | $1,795 | +$304 (+20%) |
| Torrington, CT | 73.2 mi | $1,400 | $-91 (-6%) |
| Wappingers Falls, NY | 74.3 mi | $2,050 | +$559 (+37%) |
2-Bedroom rent in Albany — common questions
How much is a 2-bedroom apartment in Albany?
As of October 2026, the median 2-bedroom apartment rent in Albany, New York is $1,491 per month. This is +10% below the citywide median of $1,664.
What income do you need to afford a 2-bedroom in Albany?
Using the standard 30% rent-to-income rule, you would need an annual income of about $59,640 ($4,970/month gross), which works out to roughly $28.67/hour at a full-time job.
Is Albany expensive for a 2-bedroom compared to the rest of the US?
Albany's 2-bedroom median of $1,491 is +10% below the national 2-bedroom median of $1,657. It ranks in the 39th percentile of US cities tracked.
How does Albany rank for 2-bedroom rent in New York?
Among the 119 cities in New York with 2-bedroom data, Albany ranks #38 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Albany?
Yes — nearby cities with cheaper 2-bedroom rents include Troy ($1,345), Glens Falls ($1,340), Gloversville ($1,040).