3-Bedroom Apartment Rent in Albany, NY
Median asking rent for a 3-bedroom apartment in Albany, New York as of July 2026. That's +11% higher than the citywide median of $1,611 and +16% below the national 3-bedroom median of $2,130.
Income needed for a 3-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 3-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 3-bedroom in New York
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Elmira | $1,120 |
| 2 | Gloversville | $1,250 |
| 3 | Lockport | $1,290 |
| 4 | Niagara Falls | $1,295 |
| 5 | North Tonawanda | $1,310 |
| 6 | Potsdam | $1,340 |
| 7 | Utica | $1,345 |
| 8 | Auburn | $1,380 |
| 9 | Rome | $1,420 |
| 10 | Palmyra | $1,430 |
| 11 | Endicott | $1,470 |
| 12 | Buffalo | $1,480 |
| 13 | Oneonta | $1,480 |
| 14 | Tonawanda | $1,480 |
| 15 | Depew | $1,490 |
Most expensive cities for a 3-bedroom in New York
| # | City | 3-Bedroom rent |
|---|---|---|
| 1 | Rye | $5,200 |
| 2 | Garden City | $5,030 |
| 3 | Harrison | $4,750 |
| 4 | Scarsdale | $4,470 |
| 5 | Nanuet | $4,400 |
| 6 | Dobbs Ferry | $4,200 |
| 7 | Plainview | $4,110 |
| 8 | Farmingville | $4,110 |
| 9 | Hicksville | $4,040 |
| 10 | White Plains | $4,030 |
| 11 | Larchmont | $3,960 |
| 12 | Mamaroneck | $3,930 |
| 13 | Hauppauge | $3,930 |
| 14 | Port Washington | $3,900 |
| 15 | Port Chester | $3,890 |
Nearby cities — 3-bedroom rent
Considering nearby alternatives? 4 of these cities have cheaper 3-bedroom rents than Albany.
| City | Distance | 3-Bedroom rent | vs Albany |
|---|---|---|---|
| Latham, NY | 6 mi | $2,110 | +$315 (+18%) |
| Delmar, NY | 6.4 mi | $2,200 | +$405 (+23%) |
| Clifton Park, NY | 12.9 mi | $1,900 | +$105 (+6%) |
| Troy, NY | 14.2 mi | $1,620 | $-175 (-10%) |
| Saratoga Springs, NY | 28.4 mi | $2,370 | +$575 (+32%) |
| Catskill, NY | 31.1 mi | $1,980 | +$185 (+10%) |
| Glens Falls, NY | 45.7 mi | $1,740 | $-55 (-3%) |
| Gloversville, NY | 49.9 mi | $1,250 | $-545 (-30%) |
| New Paltz, NY | 66 mi | $2,620 | +$825 (+46%) |
| Poughkeepsie, NY | 67.7 mi | $2,285 | +$490 (+27%) |
| Torrington, CT | 73.2 mi | $1,750 | $-45 (-3%) |
| Wappingers Falls, NY | 74.3 mi | $2,610 | +$815 (+45%) |
3-Bedroom rent in Albany — common questions
How much is a 3-bedroom apartment in Albany?
As of July 2026, the median 3-bedroom apartment rent in Albany, New York is $1,795 per month. This is +11% higher than the citywide median of $1,611.
What income do you need to afford a 3-bedroom in Albany?
Using the standard 30% rent-to-income rule, you would need an annual income of about $71,800 ($5,983/month gross), which works out to roughly $34.52/hour at a full-time job.
Is Albany expensive for a 3-bedroom compared to the rest of the US?
Albany's 3-bedroom median of $1,795 is +16% below the national 3-bedroom median of $2,130. It ranks in the 33th percentile of US cities tracked.
How does Albany rank for 3-bedroom rent in New York?
Among the 124 cities in New York with 3-bedroom data, Albany ranks #39 from cheapest to most expensive.
Are there cheaper 3-bedroom options near Albany?
Yes — nearby cities with cheaper 3-bedroom rents include Troy ($1,620), Glens Falls ($1,740), Gloversville ($1,250).