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The Complete Guide to Renting Apartments in Albany

February 8, 2022 in Apartment Tips, Capital Region Living, General

Find the Right Albany Apartment for Your Needs

Beyond being the capital of beautiful New York State, Albany is an exciting city with plenty of fascinating history and community-focused activity. If you are a current resident looking to change addresses or are considering moving to the area for the first time, here is some important information to help you determine the best apartment in the Capital Region for your needs.

Important Facts to Keep in Mind

Moving can be a rewarding change, whether for necessity, convenience, or if you’re looking for a fresh start. While plenty of movers may experience typical learning curves during their process, conducting some online research about your community may alleviate some of those initial curveballs, and you may have a better grasp of rental expectations. During their search, renters should be mindful of their respectable budgets and understand the factors that influence an apartment’s rental costs, such as:

Geographic Location

An apartment complex’s proximity to other desirable locations will influence its price. For example, communities near public transit stations or large business parks will often reflect higher prices than quiet suburban neighborhood locations. Why is this the case? In most instances, these locations attract a more competitive number of potential tenants that may be seeking to live near their workplace or to reduce their commute. Depending on your preference there are many options in the Albany area including Latham, Niskayuna, Guilderland and Schenectady.

Square Footage

Simply put: The larger the apartment, the greater the price point. Units with more square footage are favored on the rental market compared to smaller units. More footage additionally requires more maintenance and renovation between tenants.

Number of Bedrooms

Though not as influential as square footage, the number of bedrooms present in the unit may also increase rental costs. Units that offer separate living spaces for each tenant increases attractiveness and opens possibilities for inclusion of roommates or parents of young children.

Onsite Amenities

The presence of certain amenities may also influence an apartment’s rental value. For example, luxury units may include features such as:

  • Clubhouses and game rooms
  • Swimming pools and fitness centers
  • Business centers or workspaces
  • In-unit washer and dryers
  • Housekeeping or door service
  • Increased security presence
  • Enclosed parking garages

Additional amenities can increase the cost of maintenance. As a result, this could reflect a higher-priced rental.

Pet Costs

Depending on your apartment’s policies there may be clauses that require additional costs for a dog or a cat. These charges may appear as a one-time fee or factored into monthly payments.

Why do apartments commonly charge these fees? Complexes may charge pet fees due to the risk of wear and tear they may cause to a unit. For example, a dog’s nails can scratch against a hardwood floor and wear down the finish over time.

What to Look for in High-Quality Albany Apartments

When looking for apartments in Albany, here are some important factors to consider:

Modern Amenities

Smart home technologies, such as smart thermostats, allow renters to keep their monthly utility costs low while having greater control over their indoor air quality. These devices can often be managed remotely through smartphone or tablet apps.

Green living initiatives are another modern feature of many apartment communities. Some green living initiative buildings are constructed with modern environmental considerations in mind. They are designed to reduce energy consumption, carbon emissions, and may help to lower monthly utility costs as a result.

Lastly, another important convenience to consider is online rent payment. Instead of delivering or mailing a check to the property management office, some apartment complexes allow you to pay your rent online through a user-friendly resident portal.

Flexible Leasing

As a renter, you deserve to select the leasing structure that works best for you. For example, if you only plan to rent for a short amount of time, avoid locking into a year-long lease that risks additional costs or legal complications if you choose an early termination. Instead, search for a community that offers both long-term and short-term leases so you can enjoy the comforts of home for as much time as you need.

Desirable Location

Keep location in mind during your apartment search, as it is just as important as square footage or the number of bedrooms in a unit.  Find a complex near spaces that complement your lifestyle, such as your place of business, nearby restaurants, or locally owned stores. Include school locations in your search if you live with young children.

Pet Friendly

Moving should never mean leaving your beloved pet behind! If you are a pet owner or plan to become one soon, ask the property manager of the community you’re considering if they allow pets and about any associated costs with bringing one into the living space.

Learn More About High-Quality Apartments in Albany Today

At Burns Management, we strive to provide a superior living experience for tenants in the properties we manage. With smart home amenities, a commitment to green living, and both short-term and long-term pet-friendly leasing options, we want you to truly feel at home when renting with us.

To learn more about our properties, view our listings in the Capital Region or contact us online to speak with someone from our team.