Cheap Homes for Rent in Central Avenue Neighborhood of Albany, NY from $1,100 (6 Rentals)

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

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.

property at 65 Lark St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Condo for Rent

Available Now

65 Lark St, Unit 1

65 Lark St
AlbanyNY12210

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.

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 June 06, 2026 the best value apartment in the Central Avenue area is the $1.13 price per square foot 327 Hudson Ave Model at 327 Hudson Ave, Unit Apartment #1 in the in the Whitehall neighborhood starting from $2,150. The second greatest value Central Avenue apartment is the 385 Orange St Model at 385 Orange St starting at $1,750 with a $1.31 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.
327 Hudson Ave, Unit Apartment #1327 Hudson Ave2BR,2.5BA$1.13
385 Orange St385 Orange St4BR,1BA$1.31
396 Clinton Ave, Unit 2396 Clinton Ave3BR,1BA$1.49
28 Dove St, Unit 228 Dove St2BR,1BA$1.95
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
20 Park Residences1 Bed1BR,1BA$2.14
2 Judson St, Unit Ground Level, Unit 12 Judson St1BR,1BA$1.67
The Reserve at Park South II0BR/1.0BAStudio ,1BA$2.54
11 South Lake AveLarge Studio DeluxeStudio ,1BA$2.11
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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Quick Rent Budget Calculator

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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Pet Friendly Lifestyle
Central Avenue, Albany, NY

Ranked #19

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 304 Apartments for Rent in Central Avenue, NY with pricing that ranges from $800 to $3,100. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Central Avenue ranging from $1,150 to $2,500.

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 $1,150 to $2,500 with an average monthly rent of $1,619.

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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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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.