5 Things to Consider Before Renting an Apartment in Albany

Whether you are looking for an apartment or house, you must have some basic requirements before you start touring rentals. Ensure you take a rental condition checklist when visiting each property.

While some major housing policies stalled during the legislative session that ended on Friday, some did pass. These include new flood disclosure requirements and good cause eviction protections.

Location

As New York’s capital city, Albany offers a picturesque blend of history and modernity. The city is home to numerous social activities and stunning architecture. In addition, Albany offers a lower cost of living than other Northeast cities.

Apartments for rent in Albany are available in various sizes and floorplans. Studio apartments account for 11% of all rentals in the city and are ideal for singles and those on a budget. 1-bedroom apartments make up 44% of all rentals and are perfect for families or roommates. Many students arrange their housing before they move to Albany, but it is also possible to find a place to live once you arrive. 

Amenities

When looking for an apartment, asking if the landlord will allow pets is important. This will help you find a place that fits your lifestyle. Consider whether or not the property offers a kitchen.

If you plan on renting a room in an Albany apartment, it is important to understand what utilities will be included in the rent. This will help you avoid overpaying for heating, water, and electricity. If you need clarification on these fees, asking the landlord for an estimate is helpful.

Size

In the City of Albany, most apartments for rent are in three-bedroom units. These spacious homes often feature high ceilings, stainless steel appliances, granite countertops, and soaking tubs. They can be found in various neighborhoods, from downtown Albany to North Colonie.

Some students arrange short-term housing for their first few months in Albany. While staying with friends is one option, you can also ask if anyone nearby has an extra room or two to let you stay with them while you look for a permanent rental.

In addition, a new generation of higher-end apartment communities is coming into town with features like pet spas and all-in-one pricing for utilities. These perks are ideal for students looking for an elevated living experience.

Price

In the Capital District, Albany is a historic city with a diverse selection of apartments for rent. Residents enjoy access to various restaurants, entertainment venues, and historical landmarks.

Apartments in Albany range in price, but most are within the median cost of living for New York. It would help if you also considered the price of other daily expenses, including food, transportation, and utilities. Budgeting your expenses before you move to an apartment in Albany is a good idea. If you cannot afford the monthly costs, consider applying for a student loan or financial aid package.

Roommates

Before signing a lease, students should consider whether or not they want to live with roommates. If so, it is a good idea to choose roommates who are trustworthy and responsible. This will help in avoiding any potential issues in the future. It is also important to note that new changes to New York rent laws make it difficult for landlords to evict a tenant without a valid reason.

Albany is a great city, with many social activities and architectural diversity. It is home to seven colleges and universities, making it a great place to find an apartment. Its rich history can be seen throughout the city with its stunning architecture and parks. It also has a variety of restaurants, bars and shops.