
Cheap Apartments for Rent in the Second Avenue Neighborhood of Albany, NY from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Second Avenue area of Albany.


533 Clinton Ave

Willett Apartments
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.

Downtown Student Housing

139 Madison Ave

354 New Scotland Ave
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.

51 Elm St
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.
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.
Second Avenue, Albany, NY Local Guide

How much does it cost to rent an apartment in Second Avenue?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Second Avenue Studio Apartments | $1,357 | $900 | $2,180 |
Second Avenue 1 Bedroom Apartments | $1,558 | $900 | $2,552 |
Second Avenue 2 Bedroom Apartments | $1,957 | $1,100 | $4,330 |
Second Avenue 3 Bedroom Apartments | $1,820 | $1,215 | $2,500 |
Second Avenue 4 Bedroom Apartments | $2,166 | $1,700 | $2,540 |
Second Avenue 5 Bedroom Apartments | $2,691 | $1,400 | $3,330 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Second Avenue Neighborhood of Albany, NY.
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Second Avenue, Albany, NY Local Guide
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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. 252 state street has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Second Avenue apartments for rent in Albany, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $850 |
252 state street | Studio, 1 Bathroom | Studio,1BA | $900 |
338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
11 S Lake | Studio Apartment | Studio,1BA | $1,000 |
Downtown Student Housing | 2 Bedroom | 2BR,2BA | $1,100 |
Park Row and New Scotland Gardens Apartments | Park Row Large 1 Bedroom | 1BR,1BA | $1,103 |
The Amsdell | Style A | Studio,1BA | $1,130 |
Newly Renovated Apartments in Pine Hills | 1BR/1.0BA | 1BR,1BA | $1,150 |
100 Chestnut St | Studio, 1 bath | Studio,1BA | $1,200 |
Best Value Apartments for Rent in Second Avenue, NY
As of June 27, 2025 the best value apartment in the Second Avenue area is the $0.96 price per square foot 268 Western Ave Model at 268 Western Ave, Unit 1 in the in the Whitehall neighborhood starting from $2,400. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
268 Western Ave, Unit 1 | 268 Western Ave | 4BR,1BA | $0.96 |
238 Quail St, Unit 1 | 238 Quail St | 5BR,2.5BA | $1.20 |
44 James | The James | 2BR,1BA | $0.84 |
459 Jay St, Unit 1 | 459 Jay St | 2BR,1BA | $0.96 |
589 Washington Ave, Unit 1 | 589 Washington Ave | 4BR,1BA | $1.37 |
Downtown Student Housing | 3 Bedroom | 3BR,2BA | $1.33 |
Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.43 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
99 Pine Street | 1BR/1.0BA | 1BR,1BA | $1.42 |
Newly Renovated Apartments in Pine Hills | 2BR/1.0BA | 2BR,1BA | $1.39 |
Quick 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.
Pet Friendly LifestyleSecond Avenue, Albany, NY
Ranked #28
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
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 Second Avenue Apartments
What is the Cheapest Studio apartment in Second Avenue?
Currently the most affordable Cheap Studio Apartment in Second Avenue is at 142 Morton Ave listed at $850.
How much is rent for a Cheap One Bedroom Second Avenue Apartment?
The lowest price for a Cheap One Bedroom Second Avenue Apartment is $991 at 142 Morton Ave.
What is the lowest price for a Cheap Two Bedroom Second Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Second Avenue is starting from $1,100 at Downtown Student Housing.
What is the most affordable Second Avenue Three Bedroom Apartment?
The best deal on a cheap Second Avenue Three Bedroom Apartment rental is at Downtown Student Housing and starts from $1,600.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.