
Cheap Homes for Rent in the Central Avenue Neighborhood of Albany, NY from $1,000 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Central Avenue area of Albany.


253 State St
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

293 Hudson Ave

21 Elk St
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221 Lancaster St
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 | $1,863 | $1,400 | $2,195 |
| Central Avenue 3 Bedroom Homes for Rent | $1,895 | $1,895 | $1,895 |
| Central Avenue 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 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 |
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 385 Orange St, Unit 1 | 385 Orange St | 3BR,1BA | $1.07 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1.71 |
| 328 Orange St, Unit 328 Orange St | 328 Orange St | 2BR,1BA | $1.29 |
| Willett Apartments | 3 Bedroom 1 Bathroom | 3BR,1BA | $2.14 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
| The Elouise | 1BR/1.0BA | 1BR,1BA | $2.15 |
| 40 Central Ave, Unit 2 Fifth Floor | 40 Central Ave | 1BR,1BA | $1.69 |
| 441 State St | Studio | Studio ,1BA | $2.40 |
| 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.
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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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.
Pet Friendly LifestyleCentral Avenue, Albany, NY
Ranked #18
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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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