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Affordable apartments in Albany, New York

41 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

31 lihtc6 section 84 section 202

Buildings

SOUTH MALL TOWERS

LIHTC
99 S PEARL ST, ALBANY, NY, 12207
Income-restricted units
322 of 348
Year placed in service
2003
Bedroom mix
159 studio · 154 1BR · 9 2BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

CAPITOL GREEN

LIHTC
400 CENTRAL AVE, ALBANY, NY, 12206
Income-restricted units
298 of 308
Year placed in service
2007
Bedroom mix
44 studio · 176 1BR · 88 2BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

SKYLINE GARDEN APTS

LIHTC
7 LARK ST, ALBANY, NY, 12210
Income-restricted units
190 of 190
Year placed in service
2001
Bedroom mix
48 1BR · 103 2BR · 39 3BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

CLINTON AVENUE HISTORIC

LIHTC
321 CLINTON AVENUE, ALBANY, NY, 12207
Income-restricted units
187 of 210
Year placed in service
2020
Bedroom mix
2 studio · 131 1BR · 71 2BR · 12 3BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

OHAV SHALOM

LIHTC
115 KRUMKILL RD, ALBANY, NY, 12208
Income-restricted units
180 of 210
Year placed in service
2015
Bedroom mix
210 1BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

CORNING HOMES HOPE VI

LIHTC
52 JENNINGS DR, ALBANY, NY, 12204
Income-restricted units
160 of 160
Year placed in service
2002
Bedroom mix
9 1BR · 80 2BR · 55 3BR · 16 4+BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

St Sophia and Holy Wisdom Apartments

Section 8
426 WHITEHALL RD, Albany, NY, 12208
Income-restricted units
140 of 141
Year placed in service
Not reported

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

St Sophia and Holy Wisdom Apartments

Section 202
426 WHITEHALL RD, Albany, NY, 12208
Income-restricted units
140 of 141
Year placed in service
Not reported

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

DUDLEY PARK APTS

LIHTC
180 LARK DR, ALBANY, NY, 12210
Income-restricted units
135 of 140
Year placed in service
2001
Bedroom mix
24 1BR · 63 2BR · 28 3BR · 20 4+BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

CREIGHTON STOREY HOMES

LIHTC
158 THIRD AVE, ALBANY, NY, 12202
Income-restricted units
128 of 128
Year placed in service
2007
Bedroom mix
34 1BR · 43 2BR · 42 3BR · 9 4+BR

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

PARKVIEW APARTMENTS

Section 8
400 HUDSON AVE, Albany, NY, 12203
Income-restricted units
118 of 182
Year placed in service
Not reported

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

Bishop Broderick Apartments

Section 202
50 Prescott ST, Albany, NY, 12205
Income-restricted units
100 of 101
Year placed in service
Not reported

Estimated total housing cost: $1,130 rent + $159 utilities = $1,289/mo

Contact property management for current availability. Waitlists may apply.

Showing 12 of 41. Open any pin on the map below for the rest.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

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Energy costs in New York

Residential electricity in New York runs about 26.97¢/kWh, with a typical monthly residential electric bill near $159. Natural gas runs about $21.39/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Albany, NY

Metro-level
BedroomsLocal FMRNational median
Studio$961n/a
1 bedroom$1,074n/a
2 bedroom$1,130$1,502
3 bedroom$1,469n/a
4 bedroom$1,695n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Albany County, NY

Albany-Schenectady-Troy, NY. FY2025. Area median income: $116,100.

Household size30% AMI50% AMI80% AMI
1 person$24,400$40,650$65,050
2 people$27,900$46,450$74,350
3 people$31,400$52,250$83,650
4 people$34,850$58,050$92,900
5 people$37,650$62,700$100,350
6 people$43,150$67,350$107,800
7 people$48,650$72,000$115,200
8 people$54,150$76,650$122,650

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

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About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Albany cost-of-living and Fair Market Rent overview