120 S Lake Ave
AlbanyNY12208
Cheap Homes for Rent in Park South Neighborhood of Albany, NY from $1,000 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Park South area of Albany.
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.
94 Dana Ave
AlbanyNY12208
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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Park South, Albany, NY Local Guide
How much does it cost to rent a home in Park South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park South 2 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
| Park South 3 Bedroom Homes for Rent | $1,495 | $1,495 | $1,495 |
| Park South 4 Bedroom Homes for Rent | $1,800 | $1,800 | $1,800 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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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Best Value Apartments for Rent in Park South, NY
As of May 19, 2025 the best value apartment in the Park South area is the $1.56 price per square foot 1BD 1.5BA Model at Albany Lofts at One Broadway in the in the Arbor Hill neighborhood starting from $1,965. The second greatest value Park South apartment is the 522 Madison Ave Model at 522 Madison Ave, Unit 2 starting at $2,600 with a $2.26 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. |
|---|---|---|---|
| Albany Lofts at One Broadway | 1BD 1.5BA | 1BR,1.5BA | $1.56 |
| 522 Madison Ave, Unit 2 | 522 Madison Ave | 3BR,2BA | $2.26 |
| Academy Place | The Achievement | 1BR,1BA | $2.09 |
| Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.78 |
| 19 Holland Ave, Unit 1 | 19 Holland Ave | 1BR,1BA | $1.86 |
| Industrie Apartments | Apartment Type A1 | Studio ,1BA | $3.05 |
| Capitol Crossings | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.37 |
| Abraxas at 90 State | A21 | 1BR,1BA | $3.82 |
| 361 State St | Studio | Studio ,1BA | $2.25 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Park South
What type of rentals are currently available in Park South?
There are currently 112 Apartments for Rent in Park South, NY with pricing that ranges from $700 to $3,405. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park South ranging from $1,050 to $1,800.
What is the current price range for Rental Homes in Park South?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Park South ranges from $1,050 to $1,800 with an average monthly rent of $1,398.
How much are larger Three and Four Bedroom Rentals in Park South?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Park South range from $1,215 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $1,495. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,160.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.