Cheap Apartments for Rent in the Central Avenue Neighborhood of Albany, NY from $600 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Avenue area of Albany.

398 Madison Ave

533 Clinton Ave

Willett Apartments

361 State St
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578 Madison Ave
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Central Avenue, Albany, NY Local Guide

How much does it cost to rent an apartment in Central Avenue?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Avenue Studio Apartments | $1,210 | $1,015 | $1,960 |
Central Avenue 1 Bedroom Apartments | $1,407 | $700 | $2,195 |
Central Avenue 2 Bedroom Apartments | $1,768 | $1,100 | $3,065 |
Central Avenue 3 Bedroom Apartments | $1,743 | $1,215 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 2 mile radius of the Central Avenue Neighborhood of Albany, NY.
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Central Avenue, Albany, NY Local Guide
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Cheapest Available Central Avenue Apartments for Rent
 The cheapest available apartment rental in the Central Avenue area of Albany, NY is a Studio unit found at 325 State Street priced from $1,115. The Amsdell has the second lowest priced unit, which is a Studio apartment currently listed from $1,130. Here are the most affordable Central Avenue apartments for rent in Albany, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
325 State Street | Studio, 1 Bathroom | Studio,1BA | $1,115 |
The Amsdell | Style A | Studio,1BA | $1,130 |
252 state street | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,250 |
Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,525 |
20 Park Residences | 1 Bed | 1BR,1BA | $1,550 |
Best Value Apartments for Rent in Central Avenue, NY
As of August 17, 2025 the best value apartment in the Central Avenue area is the $0.98 price per square foot 42 Morris St Model at 42 Morris St, Unit Morris st Albany ny in the in the Whitehall neighborhood starting from $1,950. The second greatest value Central Avenue apartment is the Unit 3F Model at 287 State St starting at $1,735 with a $1.16 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Central Avenue apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
42 Morris St, Unit Morris st Albany ny | 42 Morris St | 3BR,1BA | $0.98 |
287 State St | Unit 3F | 2BR,1BA | $1.16 |
ArtHouse Apartments | 1BR C | 1BR,1BA | $1.84 |
South Lake Apartments, LLC | 2BR/1.0BA | 2BR,1BA | $1.83 |
241 Elm St, Unit 241 #1 | 241 Elm St | 1BR,1BA | $1.50 |
Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.91 |
20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
78 Dove St | 78 Dove St | 1BR,1BA | $1.71 |
40 Central Ave, Unit 2 Fifth Floor | 40 Central Ave | 1BR,1BA | $1.77 |
426 Elk St, Unit 2 | 426 Elk St | 1BR,1BA | $2.33 |
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Pet Friendly LifestyleCentral Avenue, Albany, NY
Ranked #20
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Central Avenue Neighborhood in Albany, NY
Walk Score®
96 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
68 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Central Avenue Apartments
How much is rent for a Cheap One Bedroom Central Avenue Apartment?
The lowest price for a Cheap One Bedroom Central Avenue Apartment is $1,550 at 20 Park Residences.
What is the lowest price for a Cheap Two Bedroom Central Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Avenue is starting from $1,250 at 252 state street.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Written by: Cheryl Bowman
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