Cheap Apartments for Rent in the Krank Park Cherry Hill Neighborhood of Albany, NY from $500 (100 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Krank Park Cherry Hill area of Albany.

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

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Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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560 Park Ave, Unit 560-1
$1,250
Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250
1 Bedroom Apartment Available Now

560 Park Ave, Unit 560-1

560 Park AveAlbany, NY 12208
Cost Per Sq.Ft.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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146 Chestnut St, Unit 3
$1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400
1 Bedroom Apartment Available Oct 1

146 Chestnut St, Unit 3

146 Chestnut StAlbany, NY 12210
Furnished
  • Smoke Free

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.

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Krank Park Cherry Hill, Albany, NY Local Guide

Cheapest Available Krank Park Cherry Hill Apartments for Rent

 

The cheapest available apartment rental in the Krank Park Cherry Hill area of Albany, NY is a Studio unit found at 449 State St priced from $895. 336 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Krank Park Cherry Hill apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
449 State St0 Beds, 1 BathsStudio,1BA$895
336 Hudson streetStudio, 1 BathroomStudio,1BA$900
142 Morton Ave1 Bedroom, 1 Bathroom1BR,1BA$1,000
363 state streetStudio, 1 BathroomStudio,1BA$1,000
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
Downtown Student Housing2 Bedroom2BR,2BA$1,100
69 Trinity PlaceSpacious Studio Minutes from Times Union, Alban...Studio,1BA$1,195

Best Value Apartments for Rent in Krank Park Cherry Hill, NY

As of August 16, 2026 the best value apartment in the Krank Park Cherry Hill area is the $1.10 price per square foot 475 Hamilton St Model at 475 Hamilton St, Unit 2 in the in the Whitehall neighborhood starting from $2,200. The second greatest value Krank Park Cherry Hill apartment is the 35 Clinton Ave Model at 35 Clinton Ave, Unit UpperFloors/2Bedroom starting at $2,050 with a $1.41 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Krank Park Cherry Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
475 Hamilton St, Unit 2475 Hamilton St4BR,1BA$1.10
35 Clinton Ave, Unit UpperFloors/2Bedroom35 Clinton Ave2BR,2.5BA$1.41
38 Summit Ave, Unit Apt 238 Summit Ave3BR,1BA$1.44
Downtown Student Housing3 Bedroom3BR,2BA$1.33
211 Ontario St, Unit 1211 Ontario St4BR,1BA$0.48
36 S Main Ave, Unit 136 S Main Ave3BR,1BA$1.36
246 Delaware Ave, Unit 1 East246 Delaware Ave2BR,1BA$0.99
396 Clinton Ave, Unit 2396 Clinton Ave3BR,1BA$1.49
560 Park Ave, Unit 560-1560 Park Ave1BR,1BA$1.47
69 Trinity Place1BR/1.0BA1BR,1BA$1.48

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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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
Krank Park Cherry Hill, Albany, NY

Ranked #7

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across New York, including Albany. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, family-friendly amenities, proximity to transit, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Krank Park Cherry Hill Apartments

What is a cheap apartment in Krank Park Cherry Hill?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Krank Park Cherry Hill is under $1,195.

What is the price of a cheap apartment in Krank Park Cherry Hill?

The cheapest apartment in Krank Park Cherry Hill is 142 Morton Ave which is listed at $1,000, while the average apartment in Krank Park Cherry Hill costs $1,795.

What types of apartments are the cheapest in Krank Park Cherry Hill?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Krank Park Cherry Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Krank Park Cherry Hill?

Cheap apartments in Krank Park Cherry Hill have an average cost of $845 which is $950 cheaper than the average rent for all rentals in Krank Park Cherry Hill.

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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