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$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 $800 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park South area of Albany.
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$1,930 - $3,100Studio 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
$1,245 - $2,080Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
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$2,160
Total Monthly Price
4 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,160
Total Monthly Price
$2,160
556 Park Ave, Unit 2
556 Park AveAlbany, NY 12208
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1 Bedroom Apartments
644 Madison Ave
644 Madison AveAlbany, NY 12208
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1 to 2 Bedroom Apartments
68 Morris St
68 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
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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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 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
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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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
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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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Studio to 1 Bedroom Apartments
The Reserve at Park South II
86 Dana AveAlbany, NY 12208
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Studio Apartments
540 Madison Ave
540 Madison AveAlbany, NY 12208
Cash 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.
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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
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Studio Apartments
476 Madison Ave
476 Madison 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
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
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1 to 3 Bedroom Apartments
Knox Street Apartments
137 Knox StAlbany, NY 12208
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.
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 | $1,666 | $1,365 | $2,005 |
| Park South 1 Bedroom Apartments | $1,853 | $1,245 | $2,240 |
| Park South 2 Bedroom Apartments | $2,266 | $1,425 | $3,100 |
| Park South 3 Bedroom Apartments | $1,856 | $1,725 | $2,080 |
| Park South 4 Bedroom Apartments | $2,160 | $2,160 | $2,160 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 51 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
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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 Studio unit found at 449 State St priced from $895. Willett Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,245. Here are the most affordable Park South apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 449 State St | 0 Beds, 1 Baths | Studio,1BA | $895 |
| Willett Apartments | Large 1 Bedroom 1 Bathroom | 1BR,1BA | $1,245 |
| 357 Morris St | One Bed One Bath | 1BR,1BA | $1,250 |
| 370-372 Morris St | 2nd Floor | 3BR,1BA | $1,725 |
| The Gallery on Holland | Delaware | 2BR,2BA | $2,600 |
Best Value Apartments for Rent in Park South, NY
As of June 12, 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 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. |
|---|---|---|---|
| 370-372 Morris St | 2nd Floor | 3BR,1BA | $0.17 |
| 556 Park Ave, Unit 2 | 556 Park Ave | 4BR,1BA | $1.60 |
| The Gallery on Holland | Delaware | 2BR,2BA | $2.34 |
| 357 Morris St | One Bed One Bath | 1BR,1BA | $1.92 |
| 449 State St | 0 Beds, 1 Baths | Studio ,1BA | $2.24 |
| Willett Apartments | Studio | Studio ,1BA | $3.90 |
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.
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
3.0Pet 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 $235 which is $2,170 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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
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.
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.