Last updated
Average Rent in Albany 12189 & Rent Trends
Rent prices and market trends across 3 apartment communities in Albany 12189, Albany, NY. Updated daily.
Market Average
$1,570/mo
▲ +35.8% from last month
Lowest Available
$1,100/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
11
available now
Albany 12189 vs Albany, NY Average
Albany 12189 is cheaper the Albany, NY average by $299/mo (16%). The citywide average is $1,869/mo across all neighborhoods.
Is Rent Going Up or Down in Albany 12189?
As of May 2026, the average rent in Albany 12189 is $1,570 per month across 3 apartment communities and 11 available units. Rents have increased $453 (35.8%) over the past month.
The most affordable option is Tilley Lofts starting at $1,100/mo. By unit type, a studio averages $1,267/mo, a 1-bedroom averages $1,574/mo, a 2-bedroom averages $1,692/mo, a 3-bedroom averages $2,100/mo.
Prices range from $1,100 to $2,100 per month. The most common price point is the $1,400 range, where 4 units are currently listed.
Albany 12189 Rent Price History
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Albany 12189
Rent Prices by Apartment in Albany 12189
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Tilley Lofts | $1,100/mo | $1,267/mo | 3 | 3.6 |
| Fenimore Trace Apartments | $1,510/mo | $1,575/mo | 5 | 4.6 |
| Lake Shore Park Apartments | $1,680/mo | $1,865/mo | 3 | 2.5 |
Google Search Trends for Albany 12189 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Albany 12189
What is the average rent in Albany 12189?
Is rent going up or down in Albany 12189?
What is the cheapest apartment in Albany 12189?
How much is a 1-bedroom apartment in Albany 12189?
How many apartments are available in Albany 12189?
What salary do I need to live comfortably in Albany 12189?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$63,000/year
30 percent rule -- using our average rent of $1,570/mo.
Comfortable income
$75,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,100/mo), you need to earn at least $44,000/year.
Median household income in Albany 12189 is $59,485 , about 21% below the comfortable-living threshold.
Cost of living in Albany 12189
Overall prices in Albany 12189 runs below the national average by about 2% (BEA Regional Price Parity index 98.2, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Albany 12189's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,570 |
| Utilities | $399 |
| Groceries | $526 |
| Transportation | $951 |
| Healthcare | $464 |
| Other goods and services | $743 |
| Estimated total | $4,653/mo |
Population
100,081
Median household income
$59,485
Census median rent
$1,178/mo
Rent as % of income
30.0%
Median age
31.9
Mean commute
20 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Explore Albany 12189 Apartments
Browse all 3 communities with daily-updated pricing and availability.