Cheap Apartments for Rent in the Second Avenue Neighborhood of Albany, NY from $500 (42 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Second Avenue area of Albany.

property at 91 Columbia St

91 Columbia St

AlbanyNY12210
property at 390 Clinton Ave

390 Clinton Ave

AlbanyNY12206
property at 578 Madison Ave

578 Madison Ave

AlbanyNY12208
property at 11 Myrtle Ave

11 Myrtle Ave

AlbanyNY12202
property at 4 Sheridan Ave

4 Sheridan Ave

AlbanyNY12207
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PM 63 2nd Ave.
1 Bedroom Apartments

PM 63 2nd Ave.

63 2nd AveAlbany, NY 12202
Student Housing
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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142 Morton Ave
Studio to 1 Bedroom Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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338 Hudson street
Studio to 2 Bedroom Apartments

338 Hudson street

338 Hudson AveAlbany, NY 12210
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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
  • Utilities Included
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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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69 Trinity Place
Studio to 2 Bedroom Apartments

69 Trinity Place

69 Trinity PlAlbany, NY 12202
Student Housing
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100 Chestnut St
Studio to 2 Bedroom Apartments

100 Chestnut St

100 Chestnut StAlbany, NY 12210
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22 High St
1 Bedroom Apartments

22 High St

22 High StRensselaer, NY 12144

Second Avenue, Albany, NY Local Guide

Cheapest Available Second Avenue Apartments for Rent

 

The cheapest available apartment rental in the Second Avenue area of Albany, NY is a Studio unit found at 142 Morton Ave priced from $850. 336 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Second Avenue apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
336 Hudson streetStudio, 1 BathroomStudio,1BA$950
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,000
363 state streetStudio, 1 BathroomStudio,1BA$1,000
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
44 James205Studio,1BA$1,095
@HudsonPark0BR/1.0BAStudio,1BA$1,100
Downtown Student Housing2 Bedroom2BR,2BA$1,100

Best Value Apartments for Rent in Second Avenue, NY

As of November 06, 2025 the best value apartment in the Second Avenue area is the $1.04 price per square foot 24b Thacher St Model at 24b Thacher St, Unit 24B Thacher st in the in the Arbor Hill neighborhood starting from $2,900. The second greatest value Second Avenue apartment is the 238 Quail St Model at 238 Quail St, Unit 1 starting at $3,000 with a $1.20 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Second Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
24b Thacher St, Unit 24B Thacher st24b Thacher St3BR,2BA$1.04
238 Quail St, Unit 1238 Quail St5BR,2.5BA$1.20
268 Western Ave, Unit 1268 Western Ave4BR,1BA$0.96
1 Ten Broeck St, Unit Lower Level1 Ten Broeck St3BR,2BA$1.05
414 Broadway, Unit 201414 Broadway1BR,1BA$1.24
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
Downtown Student Housing3 Bedroom3BR,2BA$1.33
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.29
412 Broadway33/341BR,1.5BA$1.31
57 Washington Ave, Unit 257 Washington Ave1BR,1BA$1.06

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Second Avenue, Albany, NY

Ranked #28

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 compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across New York and customized analysis for Central Albany. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Second Avenue Neighborhood in Albany, NY

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Second Avenue Apartments

What is a cheap apartment in Second Avenue?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Second Avenue is under $1,100.

What is the price of a cheap apartment in Second Avenue?

The cheapest apartment in Second Avenue is 71 chestnut street which is listed at $1,000, while the average apartment in Second Avenue costs $3,200.

What types of apartments are the cheapest in Second Avenue?

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 11 regular apartments in Second Avenue 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 Second Avenue?

Cheap apartments in Second Avenue have an average cost of $846 which is $2,354 cheaper than the average rent for all rentals in Second Avenue.

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.

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.