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$1,015 - $2,005Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
Cheap Apartments for Rent in the Park South Neighborhood of Albany, NY from $600 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park South area of Albany.
578 Madison Ave
AlbanyNY12208
3 Dana Ave
AlbanyNY12208
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.
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$1,175 - $1,5501 to 2 Bedroom Apartments Available Now
357-363 Morris St
357-363 Morris StAlbany, NY 12208
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Park South, Albany, NY Local Guide
How much does it cost to rent an apartment in Park South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park South Studio Apartments | $1,394 | $1,015 | $1,980 |
| Park South 1 Bedroom Apartments | $1,548 | $1,100 | $2,215 |
| Park South 2 Bedroom Apartments | $1,980 | $1,280 | $3,085 |
| Park South 3 Bedroom Apartments | $1,680 | $1,215 | $1,975 |
| Park South 4 Bedroom Apartments | $2,160 | $2,160 | $2,160 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Park South Neighborhood of Albany, NY.
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Park South, Albany, NY Local Guide
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Cheapest Available Park South Apartments for Rent
The cheapest available apartment rental in the Park South area of Albany, NY is a 1 Bed unit found at 357-363 Morris St priced from $1,175. The Reserve at Park South II has the second lowest priced unit, which is a Studio apartment currently listed from $1,525. Here are the most affordable Park South apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 357-363 Morris St | One Bed One Bath | 1BR,1BA | $1,175 |
| The Reserve at Park South II | 0BR/1.0BA | Studio,1BA | $1,525 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1,600 |
Best Value Apartments for Rent in Park South, NY
As of December 03, 2025 the best value apartment in the Park South area is the $1.11 price per square foot 372 Morris St Model at 372 Morris St, Unit 372 Morris in the in the Whitehall neighborhood starting from $1,695. The second greatest value Park South apartment is the 556 Park Ave Model at 556 Park Ave, Unit 2 starting at $2,160 with a $1.60 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Park South apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 372 Morris St, Unit 372 Morris | 372 Morris St | 3BR,1BA | $1.11 |
| 556 Park Ave, Unit 2 | 556 Park Ave | 4BR,1BA | $1.60 |
| 253 Park Ave, Unit Park Ave. | 253 Park Ave | 3BR,1BA | $1.38 |
| 520 Madison Ave, Unit 1 | 520 Madison Ave | 3BR,1BA | $1.53 |
| Willett Apartments | Large 2 Bedroom 1 Bathroom | 2BR,1BA | $2.05 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1.87 |
| 357-363 Morris St | One Bed One Bath | 1BR,1BA | $1.81 |
| The Reserve at Park South II | 0BR/1.0BA | Studio ,1BA | $2.42 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestylePark South, Albany, NY
Ranked #19
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Park South Neighborhood in Albany, NY
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
61 / 100
Bikeable
Some bike infrastructure
Transit Score®
63 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Park South Apartments
What is the price of a cheap apartment in Park South?
The cheapest apartment in Park South is 357-363 Morris St which is listed at $1,175, while the average apartment in Park South costs $3,600.
What types of apartments are the cheapest in Park South?
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 2 regular apartments in Park South 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 Park South?
Cheap apartments in Park South have an average cost of $102 which is $3,498 cheaper than the average rent for all rentals in Park South.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.