How much is a 2-bedroom apartment in Albany, NY?

Name: Rent by bedrooms in Albany, NY, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

In Albany, NY, the median gross rent for a two-bedroom home is $1,309 (±$58) a month (2020–2024 American Community Survey, table B25031).

A one-bedroom home rents for a median of $1,025 (±$46).

A three-bedroom home rents for a median of $1,443 (±$68).

HUD’s fiscal year 2027 Fair Market Rent for a two-bedroom home in the Albany-Schenectady-Troy, NY MSA is $1,711.

Figures last updated on November 12, 2026.

Studio: $932 (±$90)
1 bedroom: $1,025 (±$46)
2 bedrooms: $1,309 (±$58)
3 bedrooms: $1,443 (±$68)

Rent by bedroom count in Albany

Median gross rent by number of bedrooms, estimate (90% margin of error)
	Albany	Albany County	New York	United States
Studio	$932 (±$90)	$1,071 (±$105)	$1,508 (±$23)	$1,248
1 bedroom	$1,025 (±$46)	$1,118 (±$37)	$1,533 (±$11)	$1,235
2 bedrooms	$1,309 (±$58)	$1,401 (±$33)	$1,620 (±$10)	$1,407
3 bedrooms	$1,443 (±$68)	$1,503 (±$72)	$1,828 (±$17)	$1,584
4 bedrooms	$1,351 (±$228)	$1,447 (±$250)	$1,960 (±$45)	$1,957
5 or more bedrooms	$920 (±$210)	$1,446 (±$821)	$1,994 (±$76)	$2,074

A median for a bedroom size is published only where enough renting households of that size were surveyed; a dash means the Census Bureau did not publish one.

Census rents against HUD’s Fair Market Rent, fiscal year 2027

Dollars a month; the Fair Market Rent is for the Albany-Schenectady-Troy, NY MSA
	Census median, this place	HUD Fair Market Rent
1 bedroom	$1,025 (±$46)	$1,425
2 bedrooms	$1,309 (±$58)	$1,711
3 bedrooms	$1,443 (±$68)	$2,039

A Fair Market Rent is HUD’s estimate of the gross rent of a modest rental home across the whole HUD area, set for the voucher program; the Census median is what renting households in this place reported paying.

The two answer different questions and are not expected to match.

Median gross rent, 2 bedrooms in places near Albany

Nearest places with a published estimate, compared with Albany
Place	Distance	Median gross rent, 2 bedrooms	Compared with this place
Albany	—	$1,309 (±$58)	—
Roessleville	2.2 mi	$1,367 (±$57)	Not measurably different
Loudonville	3.5 mi	$1,854 (±$916)	Not measurably different
Rensselaer	3.6 mi	$1,317 (±$203)	Not measurably different
Village of Menands	4.1 mi	$1,513 (±$299)	Not measurably different
Westmere	4.1 mi	$1,683 (±$94)	Higher
Village of Colonie	4.2 mi	$1,651 (±$150)	Higher
Hampton Manor	4.7 mi	$2,113 (±$1,261)	Not measurably different
Town of Colonie	5.2 mi	$1,479 (±$85)	Higher

Nearby places with a measurably higher figure: Westmere, NY ($1,683), Village of Colonie, NY ($1,651), Town of Colonie, NY ($1,479).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent, 2 bedrooms across Albany County, place by place

Rank	Place	Median gross rent, 2 bedrooms
1	Town of Bethlehem	$1,672 (±$104)
2	Town of Guilderland	$1,641 (±$60)
3	Town of Colonie	$1,479 (±$85)
4	Cohoes	$1,444 (±$169)
5	Albany	$1,309 (±$58)
6	Town of New Scotland	$1,173 (±$129)
7	Town of Green Island	$1,157 (±$102)
8	Town of Knox	$1,146 (±$128)
9	Watervliet	$1,126 (±$84)
10	Town of Coeymans	$1,052 (±$274)
11	Town of Westerlo	$1,038 (±$676)

Showing 11 of 12 places in Albany County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Albany

How much is a one-bedroom apartment in Albany?

The median gross rent for a one-bedroom home in Albany, NY is $1,025 (±$46) a month (2020–2024 American Community Survey).

How much is a two-bedroom apartment in Albany?

The median gross rent for a two-bedroom home in Albany, NY is $1,309 (±$58) a month (2020–2024 American Community Survey).

How much does a three-bedroom rental cost in Albany?

The median gross rent for a three-bedroom home in Albany, NY is $1,443 (±$68) a month (2020–2024 American Community Survey).

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year detailed tables (acs/acs5) for Albany city, Albany County, New York (county subdivision:01000, in state:36 county:001).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

B25031_002E, B25031_002M, B25031_003E, B25031_003M, B25031_004E, B25031_004M, B25031_005E, B25031_005M, B25031_006E, B25031_006M, B25031_007E, B25031_007M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.