132 Spring St
AlbanyNY12203
Cheap Homes for Rent in the Central Avenue Neighborhood of Albany, NY from $1,175 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Avenue area of Albany.
293 Hudson Ave
AlbanyNY12210
469 Clinton Ave, Unit Apartment 2
469 Clinton Ave
AlbanyNY12206
110 Lark St
AlbanyNY12210
Albany's Best Affordable Neighborhoods
Learn about Albany, NY and the best places to live with original content written by our New York area Local Expert Patrick Ryan
399 State St, Unit 506
399 State St
AlbanyNY12210
250 Lark St
AlbanyNY12210
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$1,3001 Bedroom Apartments Available Now
548 Madison Ave, Unit 4
548 Madison AveAlbany, NY 12208
313 State St
AlbanyNY12210
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Central Avenue, Albany, NY Local Guide
How much does it cost to rent a home in Central Avenue?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Central Avenue 2 Bedroom Homes for Rent | $1,746 | $1,250 | $2,950 |
| Central Avenue 3 Bedroom Homes for Rent | $1,766 | $1,700 | $1,850 |
| Central Avenue 4 Bedroom Homes for Rent | $1,833 | $1,650 | $2,200 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 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 1 Bed unit found at 71 chestnut street priced from $800. 336 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Central Avenue apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $800 |
| 336 Hudson street | Studio, 1 Bathroom | Studio,1BA | $900 |
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $950 |
Best Value Apartments for Rent in Central Avenue, NY
As of September 11, 2026 the best value apartment in the Central Avenue area is the $0.15 price per square foot 280 State St Model at 280 State St, Unit 3 in the in the Arbor Hill neighborhood starting from $1,525. The second greatest value Central Avenue apartment is the 155 Western Ave Model at 155 Western Ave, Unit 3 starting at $1,495 with a $1.00 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. |
|---|---|---|---|
| 280 State St, Unit 3 | 280 State St | 2BR,1BA | $0.15 |
| 155 Western Ave, Unit 3 | 155 Western Ave | 3BR,2BA | $1.00 |
| 584 Madison Ave, Unit 3 | 584 Madison Ave | 3BR,2BA | $1.80 |
| 38 Willett St | 3BR/3.0BA | 3BR,3BA | $1.75 |
| 514 Washington Ave, Unit Third Floor | 514 Washington Ave | 3BR,1BA | $1.50 |
| Willett Apartments | 3 Bedroom 1 Bathroom | 3BR,1BA | $2.14 |
| 40 Central Ave, Unit 3rd Floor | 40 Central Ave | 2BR,1BA | $1.64 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 336 Washington Ave, Unit 1 | 336 Washington Ave | 1BR,1BA | $1.99 |
| 142 Washington Ave, Unit 203 | 142 Washington Ave | 1BR,1BA | $2.00 |
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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Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 LifestyleCentral Avenue, Albany, NY
Ranked #20
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Central Avenue
What type of rentals are currently available in Central Avenue?
There are currently 315 Apartments for Rent in Central Avenue, NY with pricing that ranges from $1,100 to $3,130. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Avenue ranging from $1,175 to $2,950.
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 $1,175 to $2,950 with an average monthly rent of $1,629.
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 $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $1,850. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,595.
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
The Best Neighborhoods for Renters While Attending College in Albany
Written by: Patrick Ryan
Albany, the Capital city of New York state, is revered for its unique architecture and storied history.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.