Cheap Homes for Rent in Second Avenue Neighborhood of Albany, NY from $500 (23 Rentals)

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

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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property at 147 Eagle St

147 Eagle St

AlbanyNY12202

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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property at 4-6 Sheridan Ave

4-6 Sheridan Ave

AlbanyNY12207

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.

Read Article
property at 68 Morris St

68 Morris St

AlbanyNY12208
Showing Results 1-23, Page 1 of 1

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. 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 ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
252 state streetStudio, 1 BathroomStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
11 S LakeStudio ApartmentStudio,1BA$1,000
Downtown Student Housing2 Bedroom2BR,2BA$1,100

Best Value Apartments for Rent in Second Avenue, NY

As of June 28, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
268 Western Ave, Unit 1268 Western Ave4BR,1BA$0.96
238 Quail St, Unit 1238 Quail St5BR,2.5BA$1.20
44 JamesThe James2BR,1BA$0.84
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
589 Washington Ave, Unit 1589 Washington Ave4BR,1BA$1.37
Downtown Student Housing3 Bedroom3BR,2BA$1.33
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.43
412 Broadway33/341BR,1.5BA$1.31
99 Pine Street1BR/1.0BA1BR,1BA$1.42
Newly Renovated Apartments in Pine Hills2BR/1.0BA2BR,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.

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Frequently Asked Questions about Second Avenue

What type of rentals are currently available in Second Avenue?

There are currently 690 Apartments for Rent in Second Avenue, NY with pricing that ranges from $900 to $4,330. There are also 81 Single Family Homes for rent, Condos, and Townhome rentals currently available in Second Avenue ranging from $550 to $3,500.

What is the current price range for Rental Homes in Second Avenue?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Second Avenue ranges from $550 to $3,500 with an average monthly rent of $2,303.

How much are larger Three and Four Bedroom Rentals in Second Avenue?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Second Avenue range from $1,215 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,390. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,700.

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.

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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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.