Cheap Homes for Rent in the Central Avenue Neighborhood of Albany, NY from $1,000 (5 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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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 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 ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000

Best Value Apartments for Rent in Central Avenue, NY

As of July 23, 2026 the best value apartment in the Central Avenue area is the $1.07 price per square foot 385 Orange St Model at 385 Orange St, Unit 1 in the in the Whitehall neighborhood starting from $1,390. The second greatest value Central Avenue apartment is the 1BR/1.0BA Model at The Reserve at Park South starting at $1,800 with a $1.71 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.
385 Orange St, Unit 1385 Orange St3BR,1BA$1.07
The Reserve at Park South1BR/1.0BA1BR,1BA$1.71
328 Orange St, Unit 328 Orange St328 Orange St2BR,1BA$1.29
Willett Apartments3 Bedroom 1 Bathroom3BR,1BA$2.14
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
20 Park Residences1 Bed1BR,1BA$2.14
The Elouise1BR/1.0BA1BR,1BA$2.15
40 Central Ave, Unit 2 Fifth Floor40 Central Ave1BR,1BA$1.69
441 State StStudioStudio ,1BA$2.40
449 State St0 Beds, 1 BathsStudio ,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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Pet Friendly Lifestyle
Central Avenue, Albany, NY

Ranked #18

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

Pet Friendliness Lifestyle Score

3.5
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 306 Apartments for Rent in Central Avenue, NY with pricing that ranges from $900 to $3,500. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Avenue ranging from $1,050 to $2,195.

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 $1,050 to $2,195 with an average monthly rent of $1,644.

How much are larger Three and Four Bedroom Rentals in Central Avenue?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Central Avenue range from $1,100 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $1,895. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,695.

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

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