The rent is...

A few average rents by type of apartment.

The average asked rent for apartments in the Capital Region in fall 2012 was $1,248 ($0.93 per square foot) -- up more than 6.5 percent compared to same period a year before, according to the Albany-based Sunrise Management & Consulting. The average rent was up more than 10 percent compared to two years ago.

Here's the methodology. It's important to note these are asked rents, and don't take into account discounts. Also, the firm notes that the survey includes mostly large complexes (50 or more units).

[via Biz Review]

data source: Sunrise Management & Consulting Fall 2012 Multifamily Rental Market Report


Significantly higher than inflation. Should we call it "Habitation without Representation"?

The numbers look quite inflated. The worst thing? Landlords will now use them to raise rent. Why oh why you posted those....
Please tell me that utilities are included.

These numbers are only accurate for large complexes. What about the rest of the apartments in the capital region?

anyone who is renting a 3 bedroom apartment for $1300 a month should just buy a house. if you can pay that in rent, you should talk to a lender and see what your options are.

Say Something!

We'd really like you to take part in the conversation here at All Over Albany. But we do have a few rules here. Don't worry, they're easy. The first: be kind. The second: treat everyone else with the same respect you'd like to see in return. Cool? Great, post away. Comments are moderated so it might take a little while for your comment to show up. Thanks for being patient.

The Scoop

Ever wish you had a smart, savvy friend with the inside line on what's happening around the Capital Region? You know, the kind of stuff that makes your life just a little bit better? Yeah, we do, too. That's why we created All Over Albany. Find out more.

Recently on All Over Albany

Babes in Troyland

Another holiday market for the calendar: Babes in Troyland will be at The Takk House in Troy December 12 and 13. It's presented by Troy... (more)

Echoes from the Neighborhood that Disappeared and The Great Ledge: Exploring Thacher

A follow-up to The Neighborhood that Disappeared -- Mary Paley's documentary about the area taken for the Empire State Plaza -- will air this... (more)

What sort of winter hat should I get?

This question is from Greg. But we'll blockquote (because tradition): I need a to get a new winter hat. My old hat -- which has... (more)

When the sun goes down

Check out this map: It depicts how many days out of the year with sunsets after 5 pm in each place around the United States.... (more)

Albany Holiday House Tour 2015

Historic Albany Foundation's annual Holiday House Tour is Sunday, December 13 from noon to 4 pm. The self-guided tour includes 10-15 historic homes around Albany,... (more)