Albany, NY Office Spaces for Rent
Find your best Albany, NY office space among 121 for rent listings, which average an asking price of $21.73 per square foot.
In Albany, office spaces range from smaller units to larger options. On average, office spaces in this area tend to be about 5,672 square feet. However, the largest listings can go up to 26,293 square feet for an individual listing. This can give you a good starting point to compare with your needs.
In Albany, you have several options when it comes to leasing office space. To better understand what to look for, check out our definitive guide to finding office space for your small business or startup. Here is an overview of the most common types currently available:
The most frequent subtype available for lease is General Office, which makes up 52.07% of all listings in the city.
The second-most common office space type listed here is Medical Office, accounting for 9.09% of available listings.
Up next, Office Building also makes up a significant portion of listings, offering additional options for those seeking alternative spaces.
On the other end of the spectrum, the rarest type of office space among local listings is Street Retail, with only 1 listing currently available.
You can find a total of 121 listings for lease in Albany, which add up to a total of 679,915 square feet.
Generally, buildings completed since the year 2000 offer modern amenities, decor and services. This also applies to buildings that have been renovated within the same timeframe. Buildings completed in or after the year 2000 account for 12.24% of office properties in this city and incorporate a total of 666,801 square feet. Additionally, about 2.04% of office space in Albany is in buildings that have been renovated at least once since 2000.
According to our listing data, Albany's office market contains 8.5M square feet of space as of 2026.
| Building Size Range | Total Square Feet |
|---|---|
| 50k to 100k Sq. Ft. | 2.1M Sq. Ft. |
| 100k to 500k Sq. Ft. | 4M Sq. Ft. |
| 500k to 1M Sq. Ft. | 746.1K Sq. Ft. |
Data was provided by Yardi Research Data, refers to properties larger than 50,000 square feet.
The average rent for office space in Albany is $18 per square foot. However, you can find rental rates as low as $5 per square foot here, depending on what compromises you are willing to make. If you are looking for office space priced at a certain value, you can use the filters at the top of the page to look for properties within your optimal range.
The maximum rental rate is $30 per square foot among local listings currently available for lease.
| Class | Total Square Feet | Share of Total Office |
|---|---|---|
| A | 3.4M | 39.46% |
| B | 4.8M | 56.54% |
| C | 340.1K | 3.99% |
Data was provided by Yardi Research Data, refers to properties larger than 50,000 square feet.
Location is everything when it comes to office spaces. Tenants place great value on well positioned properties in amenity-rich areas, potentially boosting office attendance.
In Albany, the greatest concentration of lease opportunities is in Dunes, Downtown Albany and Sheridan Hollow.
The Downtown Albany neighborhood contains the most Class A office space, attracting premium tenants and corporate headquarters. Meanwhile, the neighborhoods with the most Class B space are Dunes and Downtown Albany, offering quality space at affordable rates.
Looking at the top 50 markets where we could rent the most class B office space within our budget, we found the New York state capital ranked among the 10 most promising choices.