Cheap Apartments for Rent in the Central Avenue Neighborhood of Albany, NY from $600 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Central Avenue area of Albany.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 578 Madison Ave

578 Madison Ave

AlbanyNY12208

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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
  • Utilities Included

Central Avenue, Albany, NY Local Guide

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 ListingModel NameBed/BathPriced From
325 State StreetStudio, 1 BathroomStudio,1BA$1,115
The AmsdellStyle AStudio,1BA$1,130
252 state street2 Bedrooms, 1 Bathroom2BR,1BA$1,250
Willett Apartments2 Bedroom 1 Bathroom2BR,1BA$1,525
20 Park Residences1 Bed1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
42 Morris St, Unit Morris st Albany ny42 Morris St3BR,1BA$0.98
287 State StUnit 3F2BR,1BA$1.16
ArtHouse Apartments1BR C1BR,1BA$1.84
South Lake Apartments, LLC2BR/1.0BA2BR,1BA$1.83
241 Elm St, Unit 241 #1241 Elm St1BR,1BA$1.50
Willett Apartments2 Bedroom 1 Bathroom2BR,1BA$1.91
20 Park Residences1 Bed1BR,1BA$2.14
78 Dove St78 Dove St1BR,1BA$1.71
40 Central Ave, Unit 2 Fifth Floor40 Central Ave1BR,1BA$1.77
426 Elk St, Unit 2426 Elk St1BR,1BA$2.33

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Pet Friendly Lifestyle
Central Avenue, Albany, NY

Ranked #20

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

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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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.