Albany, NY Rent History

138 months of data, 20152026. Source: ZORI (Zillow Observed Rent Index, smoothed seasonally adjusted).

Today (2026-06)
$1,611
1-year change
+2.8%
$44/mo
5-year change
+24.9%
$321/mo
10-year change
+52.6%
$555/mo

Monthly rent trend

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Year-by-year rent in Albany

YearMedian rentYoY changevs 2015
2015$1,008/mo0.0%
2016$1,043/mo+3.5%+3.5%
2017$1,084/mo+3.9%+7.5%
2018$1,137/mo+4.9%+12.8%
2019$1,155/mo+1.6%+14.6%
2020$1,213/mo+5.0%+20.3%
2021$1,262/mo+4.0%+25.2%
2022$1,345/mo+6.6%+33.4%
2023$1,432/mo+6.5%+42.1%
2024$1,494/mo+4.3%+48.2%
2025$1,561/mo+4.5%+54.9%
2026$1,634/mo+4.7%+62.1%

Frequently asked questions

How much has rent in Albany changed since 2015?

Median rent in Albany, NY was $1,006 in 2015-01 and is $1,611 as of 2026-06 — a change of $605 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 +24.9% ($321 per month). The current median is $1,611.

What has rent in Albany done over the past decade?

Over the past 10 years, median rent in Albany, NY has changed +52.6% ($555 per month). It is now $1,611.

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

Year over year, median rent in Albany, NY has increased +2.8% ($44/mo). Current median: $1,611.

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.