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$900Studio Apartments Available Now
204 Washington Ave
204 Washington AveAlbany, NY 12210
Cheap Apartments for Rent in the Central Avenue Neighborhood of Albany, NY from $700 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in the Central Avenue area of Albany.
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$1,100
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,100
Total Monthly Price
$1,100
40 Central Ave, Unit 2 Fifth Floor
40 Central AveAlbany, NY 12206
418 Sheridan Ave
AlbanyNY12206
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$1,110 - $1,425Studio to 1 Bedroom Apartments Available Now
287 State St
287 State StAlbany, NY 12210
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$1,200 - $2,200Studio to 2 Bedroom Apartments Available Now
441 State St
441 State StAlbany, NY 12203
541 Clinton Ave
AlbanyNY12206
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$1,250 - $2,100Studio to 2 Bedroom Apartments Available Now
20 Park Residences
20 Park StAlbany, NY 12207
23 Benson St
AlbanyNY12206
39 S Lake Ave
AlbanyNY12203
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.
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Rent Specials
$1,365 - $2,080Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
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$1,390
Total Monthly Price
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,390
Total Monthly Price
$1,390
328 Orange St, Unit 328 Orange St
328 Orange StAlbany, NY 12210
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$1,390 - $1,490
Total Monthly Price
3 to 4 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,390 - $1,490
Total Monthly Price
$1,390 - $1,490
385 Orange St
385 Orange StAlbany, NY 12206
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Rent Specials
$1,400 - $1,7001 to 2 Bedroom Apartments Available Now
96- 100 Chestnut St
100 Chestnut StAlbany, NY 12210
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Studio to 2 Bedroom Apartments
Fort Fredrick Apartments
248 State StAlbany, NY 12210
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Studio to 2 Bedroom Apartments
449 State St
449 State StAlbany, NY 12203
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Studio to 2 Bedroom Apartments
336 Hudson street
336 Hudson AveAlbany, NY 12210
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Studio to 3 Bedroom Apartments
256 state street
256 State StAlbany, NY 12210
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1 to 3 Bedroom Apartments
Knox Street Apartments
137 Knox StAlbany, NY 12208
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.
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Studio to 1 Bedroom Apartments
363 state street
363 State StAlbany, NY 12210
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2 Bedroom Apartments
State Street Tower Apartments
397 State StAlbany, NY 12210
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Studio to 2 Bedroom Apartments
252 state street
252 State StAlbany, NY 12210
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1 Bedroom Apartments
409 State St
409 State StAlbany, NY 12210
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1 Bedroom Apartments
71 chestnut street
71 Chestnut StAlbany, NY 12210
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1 Bedroom Apartments
Merchant Walter House
188 Washington AveAlbany, NY 12210
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Studio Apartments
The Amsdell
175 Jay StAlbany, NY 12210
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Studio to 2 Bedroom Apartments
325 State Street
325 State StAlbany, NY 12210
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1 Bedroom Apartments
255 State St
255 State StAlbany, NY 12210
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.
380 Orange St
AlbanyNY12206
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Studio to 2 Bedroom Apartments
105 Morris Apartments
105 Morris StAlbany, NY 12208
21 Elk St
AlbanyNY12207
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Studio to 2 Bedroom Apartments
338 Hudson street
338 Hudson AveAlbany, NY 12210
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1 Bedroom Apartments
309 State St
309 State StAlbany, NY 12210
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Studio to 2 Bedroom Apartments
27 Western Ave
27 Western AveAlbany, NY 12203
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1 Bedroom Apartments
The Lofts at Washington Park
4 Central AveAlbany, NY 12210
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2 to 3 Bedroom Apartments
67 chestnut street
67 Chestnut StAlbany, NY 12210
221 Lancaster St
AlbanyNY12210
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.
594 Madison Ave
AlbanyNY12208
Showing Results 1-37, Page 1 of 1
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 | $1,315 | $900 | $2,015 |
| Central Avenue 1 Bedroom Apartments | $1,614 | $1,100 | $2,250 |
| Central Avenue 2 Bedroom Apartments | $2,054 | $1,350 | $3,500 |
| Central Avenue 3 Bedroom Apartments | $2,018 | $1,390 | $2,750 |
| Central Avenue 4 Bedroom Apartments | $1,428 | $1,100 | $1,695 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 37 rentals with your search options within a 2 mile radius of the Central Avenue Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Central Avenue, Albany, NY Local Guide
- Nearby Albany neighborhoods
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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 449 State St priced from $895. 256 state street has the second lowest priced unit, which is a 1 Bed 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 |
|---|---|---|---|
| 449 State St | 0 Beds, 1 Baths | Studio,1BA | $895 |
| 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 |
| 287 State St | 285/2R | Studio,1BA | $1,110 |
| 441 State St | Studio | Studio,1BA | $1,200 |
| 255 State St | 1 Beds, 1 Baths | 1BR,1BA | $1,250 |
| 20 Park Residences | Studio | Studio,1BA | $1,250 |
| Willett Apartments | Studio | Studio,1BA | $1,365 |
Best Value Apartments for Rent in Central Avenue, NY
As of July 02, 2026 the best value apartment in the Central Avenue area is the $1.11 price per square foot 385 Orange St Model at 385 Orange St in the in the Whitehall neighborhood starting from $1,490. The second greatest value Central Avenue apartment is the 1 BR D Model at ArtHouse Apartments starting at $1,975 with a $1.76 price per square foot in the Whitehall 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. |
|---|---|---|---|
| 385 Orange St | 385 Orange St | 4BR,1BA | $1.11 |
| ArtHouse Apartments | 1 BR D | 1BR,1BA | $1.76 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1.71 |
| 328 Orange St, Unit 328 Orange St | 328 Orange St | 2BR,1BA | $1.39 |
| 18 Willett St, Unit Apt 3 | 18 Willett St | 2BR,1BA | $1.78 |
| 275 3rd St, Unit 2 | 275 3rd St | 3BR,1BA | $1.85 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
| 40 Central Ave, Unit 2 Fifth Floor | 40 Central Ave | 1BR,1BA | $1.69 |
| 449 State St | 0 Beds, 1 Baths | Studio ,1BA | $2.24 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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If you’re an expert on all things Central Avenue, tell us what you love (and don't) by rating it and writing a review.
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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
3.5Pet Friendly
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 449 State St listed at $895.
How much is rent for a Cheap One Bedroom Central Avenue Apartment?
The lowest price for a Cheap One Bedroom Central Avenue Apartment is $950 at 256 state street.
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 $1,550 at 96- 100 Chestnut St.
What is the most affordable Central Avenue Three Bedroom Apartment?
The best deal on a cheap Central Avenue 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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.