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Rent Specials
$1,825 - $2,7001 to 2 Bedroom Apartments Available Now
The Gallery on Holland
25 Holland AveAlbany, NY 12209
Cheap Apartments for Rent in the Park South Neighborhood of Albany, NY from $900 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park South area of Albany.
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$1,905 - $3,085Studio to 2 Bedroom Apartments Contact Us For Availability
Park South
33 New Scotland AveAlbany, NY 12208
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$1,250 - $1,5501 to 2 Bedroom Apartments Available Now
357 Morris St
357 Morris StAlbany, NY 12208
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Rent Specials
$1,125 - $2,080Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
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$2,1604 Bedroom Apartment Available Now
556 Park Ave, Unit 2, Unit 2
556 Park AveAlbany, NY 12208
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$2,4005 Bedroom Apartment Available Jun 1
374 Morris St, Unit 2ND FLOOR 5 BEDROOM, Unit 2ND FLOOR 5 BEDROOM
374 Morris StAlbany, NY 12208
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2 Bedroom Apartments
56 Delaware Ave
56 Delaware AveAlbany, NY 12202
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1 Bedroom Apartments
131 S Lake Ave
131 S Lake AveAlbany, NY 12208
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Studio Apartments
582 Park Ave
582 Park AveAlbany, NY 12208
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1 Bedroom Apartments
644 Madison Ave
644 Madison AveAlbany, NY 12208
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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1 to 2 Bedroom Apartments
68 Morris St
68 Morris StAlbany, NY 12208
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Studio Apartments
542-544 Madison Ave
542-544 Madison AveAlbany, NY 12208
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Studio Apartments
108 S Lake Ave
108 S Lake AveAlbany, NY 12208
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1 to 3 Bedroom Apartments
550 Madison Ave
550 Madison AveAlbany, NY 12208
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Studio Apartments
99 S Lake Ave
99 S Lake AveAlbany, NY 12208
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Studio Apartments
102 S Lake Ave
102 S Lake AveAlbany, NY 12208
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Studio Apartments
119 S Lake Ave
119 S Lake AveAlbany, NY 12208
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Studio Apartments
50 Delaware Ave
50 Delaware AveAlbany, NY 12202
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Studio Apartments
157 S Lake Ave
157 S Lake AveAlbany, NY 12208
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Studio Apartments
135 S Lake Ave
135 S Lake AveAlbany, NY 12208
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 to 3 Bedroom Apartments
60 Delaware Ave
60 Delaware AveAlbany, NY 12202
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Studio Apartments
538 Myrtle Ave
538 Myrtle AveAlbany, NY 12208
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2 Bedroom Apartments
58 Delaware Ave
58 Delaware AveAlbany, NY 12202
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1 Bedroom Apartments
11-29 New Scotland Ave
11-29 New Scotland AveAlbany, NY 12208
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5 Bedroom Apartments
115 S Lake Ave
115 S Lake AveAlbany, NY 12208
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1 Bedroom Apartments
62 Delaware Ave
62 Delaware AveAlbany, NY 12202
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Studio Apartments
500 Park Ave
500 Park AveAlbany, NY 12208
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1 Bedroom Apartments
718 Madison Ave
718 Madison AveAlbany, NY 12208
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5 to 6 Bedroom Apartments
Albany College of Pharmacy Residence Hall
1 Notre Dame DrAlbany, NY 12208
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Studio to 1 Bedroom Apartments
The Reserve at Park South II
86 Dana AveAlbany, NY 12208
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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Studio Apartments
540 Madison Ave
540 Madison AveAlbany, NY 12208
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Studio Apartments
566 Madison Ave
566 Madison AveAlbany, NY 12208
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Studio Apartments
121 S Lake Ave
121 S Lake AveAlbany, NY 12208
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Studio Apartments
133 S Lake Ave
133 S Lake AveAlbany, NY 12208
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Studio Apartments
100 Willett St
100 Willett StAlbany, NY 12210
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Studio Apartments
80 Willett St
80 Willett StAlbany, NY 12210
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Studio Apartments
Kastle Arms
297 Myrtle AveAlbany, NY 12208
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Studio Apartments
710 Madison Ave
710 Madison AveAlbany, NY 12208
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Studio Apartments
702 Madison Ave
702 Madison AveAlbany, NY 12208
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Studio Apartments
546 Madison Ave
546 Madison AveAlbany, NY 12208
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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Studio Apartments
476 Madison Ave
476 Madison AveAlbany, NY 12208
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Studio Apartments
170 Knox St
170 Knox StAlbany, NY 12208
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Studio Apartments
106 S Lake Ave
106 S Lake AveAlbany, NY 12208
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Studio Apartments
552 Madison Ave
552 Madison AveAlbany, NY 12208
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1 to 2 Bedroom Apartments
508 Madison Ave
508 Madison AveAlbany, NY 12208
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Studio Apartments
64 Morris St
64 Morris StAlbany, NY 12208
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Studio Apartments
678-680 Madison Ave
678-680 Madison AveAlbany, NY 12208
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Studio Apartments
688 Madison Ave
688 Madison AveAlbany, NY 12208
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Studio Apartments
155 S Lake Ave
155 S Lake AveAlbany, NY 12208
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Studio to 2 Bedroom Apartments
105 Morris Apartments
105 Morris StAlbany, NY 12208
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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 | $1,510 | $1,225 | $1,980 |
| Park South 1 Bedroom Apartments | $1,730 | $1,125 | $2,215 |
| Park South 2 Bedroom Apartments | $2,165 | $1,280 | $3,085 |
| Park South 3 Bedroom Apartments | $1,811 | $1,215 | $2,080 |
| Park South 4 Bedroom Apartments | $2,160 | $2,160 | $2,160 |
Browse Apartments in this Neighborhood
There are currently 52 rentals with your search options within a 2 mile radius of the Park South Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Park South, Albany, NY Local Guide
- Nearby Albany neighborhoods
- Nearby Cities
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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 Morris St priced from $1,250. Willett Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here are the most affordable Park South apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 357 Morris St | One Bed One Bath | 1BR,1BA | $1,250 |
| Willett Apartments | Studio | Studio,1BA | $1,365 |
| The Reserve at Park South II | 0BR/1.0BA | Studio,1BA | $1,600 |
| 370-372 Morris St | 2nd Floor | 3BR,1BA | $1,725 |
| The Gallery on Holland | Delaware | 2BR,2BA | $2,600 |
| 25 Besch Ave | House | 4BR,4BA | $3,800 |
Best Value Apartments for Rent in Park South, NY
As of April 28, 2026 the best value apartment in the Park South area is the $0.17 price per square foot 2nd Floor Model at 370-372 Morris St in the in the Whitehall neighborhood starting from $1,725. The second greatest value Park South apartment is the House Model at 25 Besch Ave starting at $3,800 with a $1.36 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. |
|---|---|---|---|
| 370-372 Morris St | 2nd Floor | 3BR,1BA | $0.17 |
| 25 Besch Ave | House | 4BR,4BA | $1.36 |
| 556 Park Ave, Unit 2 | 556 Park Ave | 4BR,1BA | $1.60 |
| The Gallery on Holland | Delaware | 2BR,2BA | $2.34 |
| The Reserve at Park South II | 0BR/1.0BA | Studio ,1BA | $2.33 |
| 357 Morris St | One Bed One Bath | 1BR,1BA | $1.92 |
| Willett Apartments | Studio | Studio ,1BA | $3.90 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick 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 LifestylePark South, Albany, NY
Ranked #25
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Park South Apartments
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 3 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 $202 which is $2,198 cheaper than the average rent for all rentals in Park South.
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
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.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.