
Cheap Apartments for Rent in the Central Avenue Neighborhood of Albany, NY from $600 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Avenue area of Albany.


533 Clinton Ave

Willett Apartments

531 Clinton Ave
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.

100 Chestnut St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,334 | $900 | $2,180 |
Central Avenue 1 Bedroom Apartments | $1,609 | $900 | $2,400 |
Central Avenue 2 Bedroom Apartments | $2,112 | $1,200 | $3,405 |
Central Avenue 3 Bedroom Apartments | $1,824 | $1,215 | $2,500 |
Central Avenue 4 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
Browse Apartments in this Neighborhood
There are currently 22 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 252 state street priced from $900. 338 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Central Avenue apartments for rent in Albany, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
252 state street | Studio, 1 Bathroom | Studio,1BA | $900 |
338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
11 S Lake | Studio Apartment | Studio,1BA | $1,000 |
The Amsdell | Style A | Studio,1BA | $1,130 |
100 Chestnut St | Studio, 1 bath | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Central Avenue, NY
As of June 18, 2025 the best value apartment in the Central Avenue 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 Central Avenue apartment is the 1 BD 1.5BA DEN Model at Albany Lofts at One Broadway starting at $2,280 with a $1.98 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. |
---|---|---|---|
327 Hudson Ave, Unit Apartment #1 | 327 Hudson Ave | 2BR,2.5BA | $1.13 |
Albany Lofts at One Broadway | 1 BD 1.5BA DEN | 1BR,1.5BA | $1.98 |
Steuben Place Apartments | One Bed One Bath | 1BR,1BA | $1.93 |
371 Washington Ave, Unit 2 | 371 Washington Ave | 1BR,1.5BA | $1.59 |
ArtHouse Apartments | 1 Bedroom | 1BR,1BA | $1.94 |
584 Madison Ave, Unit 1 | 584 Madison Ave | 1BR,1BA | $1.50 |
Willett Apartments | 1 Bedroom 1 Bathroom with Dining Room | 1BR,1BA | $1.78 |
20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
11 S Lake | Studio Apartment | Studio ,1BA | $1.82 |
100 Chestnut St | Studio, 1 bath | Studio ,1BA | $2.40 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCentral Avenue, Albany, NY
Ranked #18
Among neighborhoods in Albany, NY 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
What is the Cheapest Studio apartment in Central Avenue?
Currently the most affordable Cheap Studio Apartment in Central Avenue is at 252 state street listed at $900.
How much is rent for a Cheap One Bedroom Central Avenue Apartment?
The lowest price for a Cheap One Bedroom Central Avenue Apartment is $1,195 at 11 S Lake.
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 $1,395 at 11 S Lake.
What is the most affordable Central Avenue Three Bedroom Apartment?
The best deal on a cheap Central Avenue Three Bedroom Apartment rental is at 930 On Broadway and starts from $2,095.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.