Cheap Homes for Rent in Central Avenue Neighborhood of Albany, NY from $900 (11 Rentals)

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

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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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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 336 Hudson street priced from $950. 363 state street has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Central Avenue apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
336 Hudson streetStudio, 1 BathroomStudio,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
The AmsdellStyle AStudio,1BA$1,130
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,150
100 Chestnut StStudio, 1 bathStudio,1BA$1,200

Best Value Apartments for Rent in Central Avenue, NY

As of September 14, 2025 the best value apartment in the Central Avenue area is the $1.16 price per square foot Unit 3F Model at 287 State St in the in the Arbor Hill neighborhood starting from $1,735. The second greatest value Central Avenue apartment is the 584 Madison Ave Model at 584 Madison Ave, Unit 3 starting at $2,158 with a $1.80 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 ListingModel NameBed/BathPrice Per Sq.Ft.
287 State StUnit 3F2BR,1BA$1.16
584 Madison Ave, Unit 3584 Madison Ave3BR,2BA$1.80
271 Hudson Ave, Unit Garden Floor271 Hudson Ave1BR,1BA$1.33
179 Elk St, Unit Floor 1179 Elk St2BR,1BA$1.27
ArtHouse Apartments1BR C1BR,1BA$1.84
28 Dove St, Unit 128 Dove St1BR,1BA$1.50
Willett ApartmentsLarge 1 Bedroom 1 Bathroom with Dining Room1BR,1BA$1.96
241 Elm St, Unit 241 #1241 Elm St1BR,1BA$1.44
20 Park Residences1 Bed1BR,1BA$2.14
40 Central Ave, Unit 2 Fifth Floor40 Central Ave1BR,1BA$1.77

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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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Frequently Asked Questions about Central Avenue

What type of rentals are currently available in Central Avenue?

There are currently 303 Apartments for Rent in Central Avenue, NY with pricing that ranges from $1,015 to $2,835. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Avenue ranging from $995 to $2,600.

What is the current price range for Rental Homes in Central Avenue?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Central Avenue ranges from $995 to $2,600 with an average monthly rent of $1,684.

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 Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.