
Cheap Apartments for Rent in the Washington Park Neighborhood of Albany, NY from $900 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Washington Park area of Albany.


Total Monthly Price
64 Central Ave, Unit First Floor Studio, Unit First Floor Studio

Total Monthly Price
40 Central Ave, Unit 2 Fifth Floor, Unit 2 Fifth Floor

Willett Apartments

152 Western Ave

19 Elberon Pl

441 State St
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.

292 Lark St

56 Elberon Pl

285 Lark St, Unit Apt #1

441 State St, Unit 441

544 Madison Ave, Unit 544-7

Park South

5 Elberon Pl
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.

75 Willett

58 Elberon Pl

336 Hudson street

Knox Street Apartments

State Street Tower Apartments

409 State St

105 Morris Apartments
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.

27 Western Ave

338 Hudson street

295 Lark St

13 Western Ave

Lake Apartments

The Reserve at Park South II

The Reserve at Park South
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.

423 Hamilton St
Washington Park, Albany, NY Local Guide

How much does it cost to rent an apartment in Washington Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Washington Park Studio Apartments | $1,278 | $1,050 | $1,995 |
| Washington Park 1 Bedroom Apartments | $1,674 | $1,100 | $2,230 |
| Washington Park 2 Bedroom Apartments | $1,983 | $1,280 | $3,100 |
| Washington Park 3 Bedroom Apartments | $1,764 | $1,215 | $2,080 |
| Washington Park 4 Bedroom Apartments | $2,075 | $1,950 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Washington Park Neighborhood of Albany, NY.
See all Apartments in AlbanyExplore Albany
Cheapest Available Washington Park Apartments for Rent
 The cheapest available apartment rental in the Washington Park area of Albany, NY is a Studio unit found at 11 South Lake Ave priced from $1,050. Willett Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,365. Here are the most affordable Washington Park apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 11 South Lake Ave | Large Studio | Studio,1BA | $1,050 |
| Willett Apartments | Studio | Studio,1BA | $1,365 |
| 441 State St | 1 Bedroom | 1BR,1BA | $1,500 |
| The Reserve at Park South II | 0BR/1.0BA | Studio,1BA | $1,600 |
Best Value Apartments for Rent in Washington Park, NY
As of May 24, 2026 the best value apartment in the Washington Park area is the $1.62 price per square foot 64 Central Ave Model at 64 Central Ave, Unit First Floor Studio in the in the Whitehall neighborhood starting from $1,050. The second greatest value Washington Park apartment is the 0BR/1.0BA Model at The Reserve at Park South II starting at $1,600 with a $2.54 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Washington Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 64 Central Ave, Unit First Floor Studio | 64 Central Ave | Studio ,1BA | $1.62 |
| The Reserve at Park South II | 0BR/1.0BA | Studio ,1BA | $2.54 |
| 11 South Lake Ave | Large Studio Deluxe | Studio ,1BA | $2.11 |
| Willett Apartments | Studio | Studio ,1BA | $3.90 |
Frequently Asked Questions about Cheap Washington Park Apartments
What is the Cheapest Studio apartment in Washington Park?
Currently the most affordable Cheap Studio Apartment in Washington Park is at 11 South Lake Ave listed at $1,050.
What is the lowest price for a Cheap Two Bedroom Washington Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Washington Park is starting from $1,495 at 11 South Lake Ave.
What is the most affordable Washington Park Three Bedroom Apartment?
The best deal on a cheap Washington Park Three Bedroom Apartment rental is at Willett Apartments and starts from $1,975.
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.