Studio Apartment Rent in Albany, NY
Median asking rent for a studio apartment in Albany, New York as of July 2026. That's +33% lower than the citywide median of $1,611 and +17% below the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Albany
Compare Albany's median rent across every apartment size.
Cheapest cities for a studio in New York
| # | City | Studio rent |
|---|---|---|
| 1 | Potsdam | $780 |
| 2 | Gloversville | $790 |
| 3 | Elmira | $817 |
| 4 | Auburn | $830 |
| 5 | Endicott | $830 |
| 6 | Watertown | $830 |
| 7 | Oneonta | $850 |
| 8 | Palmyra | $850 |
| 9 | Lockport | $860 |
| 10 | Niagara Falls | $865 |
| 11 | Binghamton | $873 |
| 12 | Johnson City | $880 |
| 13 | North Tonawanda | $880 |
| 14 | Utica | $885 |
| 15 | Amsterdam | $910 |
Most expensive cities for a studio in New York
| # | City | Studio rent |
|---|---|---|
| 1 | Rye | $3,610 |
| 2 | Harrison | $3,300 |
| 3 | Scarsdale | $3,110 |
| 4 | Nanuet | $3,050 |
| 5 | Dobbs Ferry | $2,920 |
| 6 | White Plains | $2,798 |
| 7 | Garden City | $2,770 |
| 8 | Larchmont | $2,750 |
| 9 | Mamaroneck | $2,730 |
| 10 | Port Chester | $2,700 |
| 11 | Ossining | $2,640 |
| 12 | New York | $2,625 |
| 13 | Peekskill | $2,420 |
| 14 | New Rochelle | $2,400 |
| 15 | Yonkers | $2,340 |
Nearby cities — studio rent
Considering nearby alternatives? 4 of these cities have cheaper studio rents than Albany.
| City | Distance | Studio rent | vs Albany |
|---|---|---|---|
| Latham, NY | 6 mi | $1,260 | +$184 (+17%) |
| Delmar, NY | 6.4 mi | $1,320 | +$244 (+23%) |
| Clifton Park, NY | 12.9 mi | $1,140 | +$64 (+6%) |
| Troy, NY | 14.2 mi | $975 | $-101 (-9%) |
| Saratoga Springs, NY | 28.4 mi | $1,420 | +$344 (+32%) |
| Catskill, NY | 31.1 mi | $1,160 | +$84 (+8%) |
| Glens Falls, NY | 45.7 mi | $1,030 | $-46 (-4%) |
| Gloversville, NY | 49.9 mi | $790 | $-286 (-27%) |
| New Paltz, NY | 66 mi | $1,580 | +$504 (+47%) |
| Poughkeepsie, NY | 67.7 mi | $1,230 | +$154 (+14%) |
| Torrington, CT | 73.2 mi | $960 | $-116 (-11%) |
| Wappingers Falls, NY | 74.3 mi | $1,410 | +$334 (+31%) |
Studio rent in Albany — common questions
How much is a studio apartment in Albany?
As of July 2026, the median studio apartment rent in Albany, New York is $1,076 per month. This is +33% below the citywide median of $1,611.
What income do you need to afford a studio in Albany?
Using the standard 30% rent-to-income rule, you would need an annual income of about $43,040 ($3,587/month gross), which works out to roughly $20.69/hour at a full-time job.
Is Albany expensive for a studio compared to the rest of the US?
Albany's studio median of $1,076 is +17% below the national studio median of $1,290. It ranks in the 33th percentile of US cities tracked.
How does Albany rank for studio rent in New York?
Among the 124 cities in New York with studio data, Albany ranks #36 from cheapest to most expensive.
Are there cheaper studio options near Albany?
Yes — nearby cities with cheaper studio rents include Troy ($975), Glens Falls ($1,030), Gloversville ($790).