Campus Area (University District), Albany, NY Rental Market Trends

The average rent for an apartment in Campus Area (University District), Albany, NY is $2,289 ($2.65 per sqft), based on a survey of 24 rental listings in Campus Area (University District), Albany, NY conducted by Hello Data, Inc. on May 28, 2023. This is 22% above the national average rent of $1,875 ($1.87 per sqft). The following graphs show how average rent varies based on number of bedrooms, square footage, quality and location:

Average rent in Campus Area (University District), Albany, NY by Number of Bedrooms

The chart below shows the average rent in Campus Area (University District), Albany, NY for apartments by number of bedrooms:

Average apartment size in Campus Area (University District), Albany, NY

The average apartment size in Campus Area (University District), Albany, NY is 865 sqft, which is -14% below the U.S. national average apartment size of 1,003 sqft. This graph illustrates average size in Campus Area (University District), Albany, NY for each unit type:

Average Rent in Albany, NY by Neighborhood

There are 1 neighborhoods in Albany, NY . Campus Area (University District) is the most expensive neighborhood, with an average rent of $2,146 ($2.83 per sqft), and Campus Area (University District) is the most affordable neighborhood in Albany, NY , with an average rent of $2,146 ($2.83 per sqft). The following tables show the Top 5 neighborhoods in Albany, NY by average rent and the top 5 most affordable neighborhoods in Albany, NY by average rent:

Top 1 most expensive neighborhoods in Albany, NY by average rent:

Neighborhood
$2,146 avg. rent
$2.83 per sqft

Top 1 most affordable neighborhoods in Albany, NY by average rent:

Neighborhood
$2,146 avg. rent
$2.83 per sqft

Average Rent in Albany, NY by Zip Code

There are 4 zip codes in Albany, NY . 12206 is the most expensive zip code, with an average rent of $2,131 ($2.81 per sqft), and 12202 is the most affordable zip code in Albany, NY , with an average rent of $1,200 ($1.26 per sqft). The following tables show the Top 5 zip codes in Albany, NY by average rent and the top 5 most affordable zip codes in Albany, NY by average rent:

Top 4 most expensive zip codes in Albany, NY by average rent:

Zip Code
$2,131 avg. rent
$2.81 per sqft
$1,799 avg. rent
$1.65 per sqft
$1,525 avg. rent
$1.33 per sqft
$1,200 avg. rent
$1.26 per sqft

Top 4 most affordable zip codes in Albany, NY by average rent:

Zip Code
$2,131 avg. rent
$2.81 per sqft
$1,799 avg. rent
$1.65 per sqft
$1,525 avg. rent
$1.33 per sqft
$1,200 avg. rent
$1.26 per sqft

Average Apartment Listing Volume and Average Time on Market in Campus Area (University District), Albany, NY

Average number of days on market in Campus Area (University District), Albany, NY

The average listing remains on the market for 15 days in Campus Area (University District), Albany, NY. This is greater than the national average time on market of 10 days for apartment listings. The chart below shows how many units remain on the market by number of days in Campus Area (University District), Albany, NY:

Available Apartments in Campus Area (University District), Albany, NY by Unit Type

On May 28, 2023 Hello Data, Inc. surveyed 24 active apartment listings in Campus Area (University District), Albany, NY. The graph below shows the breakdown of multifamily units listed by bedroom count:

Frequently Asked Questions – Campus Area (University District), Albany, NY Average Rents

What are the most affordable neighborhoods in Albany, NY?

The most affordable neighborhood in Albany, NY is Campus Area (University District), where the average rent is $2,146 ($2.83 per sqft) per month on average.

What are the most expensive neighborhoods in Albany, NY?

The most expensive neighborhood in Albany, NY is Campus Area (University District), with an average rent of $2,146 ($2.83 per sqft) per month.

What are the most popular neighborhoods in Albany, NY?

The most popular neighborhood in Albany, NY is Campus Area (University District), with 25 active listings as of May 28, 2023.

How much is a 1 Bedroom apartment in Campus Area (University District), Albany, NY?

The average monthly rental price for 1 Bedroom apartments in Campus Area (University District), Albany, NY is $2,121 ($2.80 per sqft).

How much is a 2 Bedroom apartment in Campus Area (University District), Albany, NY?

The average monthly rental price for 2 Bedroom apartments in Campus Area (University District), Albany, NY is $2,698 ($2.40 per sqft).

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