
Cheap Apartments for Rent in the Center Square Neighborhood of Albany, NY from $700 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Center Square area of Albany.


287 State St

204 Washington Ave

127 Dove St

192 Lark St

Willett Apartments

96- 100 Chestnut St

360 Madison Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

292 Lark St

326 State St

285 Lark St, Unit Apt #1

326 State St, Unit 1

326 State St, Unit 3

341 Madison Ave

366 Hamilton St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

364 Madison Ave

Total Monthly Price
28 Dove St, Unit 2

ArtHouse Apartments

75 Willett

155 Chestnut St

Fort Fredrick Apartments

336 Hudson street

256 state street
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

363 state street

71 chestnut street

252 state street

Merchant Walter House

The Amsdell

255 State St

309 State St

338 Hudson street
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

350 Madison Ave

Washington Ave Lofts
Center Square, Albany, NY Local Guide

How much does it cost to rent an apartment in Center Square?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Center Square Studio Apartments | $1,063 | $800 | $1,365 |
| Center Square 1 Bedroom Apartments | $1,507 | $1,050 | $1,995 |
| Center Square 2 Bedroom Apartments | $1,826 | $1,400 | $2,550 |
| Center Square 3 Bedroom Apartments | $2,183 | $1,975 | $2,495 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Center Square Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Cheapest Available Center Square Apartments for Rent
 The cheapest available apartment rental in the Center Square area of Albany, NY is a Studio unit found at 287 State St priced from $940. 256 state street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Center Square apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 287 State St | 280/2 | Studio,1BA | $940 |
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $950 |
| 363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| Willett Apartments | Large 1 Bedroom 1 Bathroom | 1BR,1BA | $1,245 |
| 255 State St | 1 Beds, 1 Baths | 1BR,1BA | $1,250 |
| 96- 100 Chestnut St | 1 Bedroom | 1BR,1BA | $1,400 |
| 90 Swan | 1BD | 1BR,1BA | $1,490 |
Best Value Apartments for Rent in Center Square, NY
As of June 11, 2026 the best value apartment in the Center Square area is the $1.13 price per square foot 327 Hudson Ave Model at 327 Hudson Ave, Unit Apartment #1 in the in the Whitehall neighborhood starting from $2,150. The second greatest value Center Square apartment is the 28 Dove St Model at 28 Dove St, Unit 2 starting at $1,950 with a $1.95 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Center Square apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 327 Hudson Ave, Unit Apartment #1 | 327 Hudson Ave | 2BR,2.5BA | $1.13 |
| 28 Dove St, Unit 2 | 28 Dove St | 2BR,1BA | $1.95 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 90 Swan | 1BD | 1BR,1BA | $2.71 |
| Willett Apartments | Studio | Studio ,1BA | $3.90 |
| 287 State St | 287/1R | 1BR,1BA | $14.95 |
Frequently Asked Questions about Cheap Center Square Apartments
What is the Cheapest Studio apartment in Center Square?
Currently the most affordable Cheap Studio Apartment in Center Square is at 287 State St listed at $940.
How much is rent for a Cheap One Bedroom Center Square Apartment?
The lowest price for a Cheap One Bedroom Center Square Apartment is $950 at 256 state street.
What is the lowest price for a Cheap Two Bedroom Center Square Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Center Square is starting from $1,550 at 96- 100 Chestnut St.
What is the most affordable Center Square Three Bedroom Apartment?
The best deal on a cheap Center Square Three Bedroom Apartment rental is at Willett Apartments and starts from $1,975.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY
Written by: Patrick Ryan
Albany, the capital of New York state, is a renter’s haven. With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
