Last updated
Average Rent in Ballston Spa 12020 & Rent Trends
Rent prices and market trends across 5 apartment communities in Ballston Spa 12020, Albany, NY. Updated daily.
Market Average
$1,943/mo
▲ +1.8% from last month
Lowest Available
$1,548/mo
cheapest unit on market
Communities
5
tracked daily
Units Listed
37
available now
Price Cuts This Week in Ballston Spa 12020
35 listed units across 3 buildings offering 1 bed units in Ballston Spa 12020 dropped their asking rent in the past 7 days, an average cut of $27/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Ellsworth | Unit 2438, C3 | $2,441 | $2,398 | $43 |
| The Ellsworth | Unit 3318, C1 | $2,481 | $2,438 | $43 |
| The Ellsworth | Unit 3401, C1 | $2,176 | $2,133 | $43 |
| The Ellsworth | Unit 1322, B5 | $1,932 | $1,896 | $36 |
| The Ellsworth | Unit 1203, A2 | $1,843 | $1,813 | $30 |
| The Ellsworth | Unit 2219, A1 | $1,803 | $1,773 | $30 |
| The Ellsworth | Unit 2221, A1 | $1,818 | $1,788 | $30 |
| The Ellsworth | Unit 2427, A1 | $1,828 | $1,798 | $30 |
Ballston Spa 12020 vs Albany, NY Average
Ballston Spa 12020 is more expensive than the Albany, NY average by $56/mo (3%). The citywide average is $1,887/mo across all neighborhoods.
Is Rent Going Up or Down in Ballston Spa 12020?
As of August 2026, the average rent in Ballston Spa 12020 is $1,943 per month across 5 apartment communities and 37 available units. Rents have increased $40 (1.8%) over the past month.
The most affordable option is The Ellsworth starting at $1,548/mo. By unit type, a 1-bedroom averages $1,943/mo.
Prices range from $1,548 to $2,423 per month. The most common price point is the $1,800 range, where 13 units are currently listed.
Ballston Spa 12020 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $2,220 | - | 5 |
| August 2026 | $2,241 | +$21 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Rent Price Distribution
Rent by Bedroom Type in Ballston Spa 12020
Rent Prices by Apartment in Ballston Spa 12020
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Ellsworth | $1,548/mo | $1,761/mo | 7 | 3.7 |
| Bridgewater Apartments | $1,685/mo | $1,685/mo | 1 | 4.2 |
| Winner's Circle at Saratoga | $1,699/mo | $1,835/mo | 16 | 4.5 |
| GrandeVille at Malta | $1,998/mo | $2,189/mo | 12 | 4.3 |
| The Lofts at Saratoga Blvd | $2,250/mo | $2,250/mo | 1 | 4.7 |
Frequently Asked Questions About Rent in Ballston Spa 12020
What is the average rent in Ballston Spa 12020?
Is rent going up or down in Ballston Spa 12020?
What is the cheapest apartment in Ballston Spa 12020?
How much is a 1-bedroom apartment in Ballston Spa 12020?
How many apartments are available in Ballston Spa 12020?
What salary do I need to live comfortably in Ballston Spa 12020?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$78,000/year
Based on the 30 percent rule, using our tracked average rent of $1,943/mo.
Comfortable income
$93,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,548/mo), you need to earn at least $62,000/year.
Median household income in Ballston Spa 12020 is $59,485 , about 36% below the comfortable-living threshold.
Cost of living in Ballston Spa 12020
Overall prices in Ballston Spa 12020 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 Ballston Spa 12020's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,943 |
| Utilities | $399 |
| Groceries | $526 |
| Transportation | $951 |
| Healthcare | $464 |
| Other goods and services | $743 |
| Estimated total | $5,026/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.
Google Search Trends for Ballston Spa 12020 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Ballston Spa 12020 Apartments
Browse all 5 communities with daily-updated pricing and availability.