
Cheap Apartments for Rent in the Washington Park Neighborhood of Albany, NY from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Washington Park area of Albany.


Total Monthly Price
40 Central Ave, Unit 2 Fifth Floor

Willett Apartments

441 State St

19 Elberon Pl

39 S Lake Ave
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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.

The Elouise

548 Madison Ave, Unit 3

56 Elberon Pl

544 Madison Ave, Unit 3

441 State St, Unit 441

544 Madison Ave, Unit 544-7
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.

65 Dana Ave

Total Monthly Price
368 Hudson Ave, Unit Apt. #1

449 State St

336 Hudson street

Knox Street Apartments

State Street Tower 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.

409 State St

105 Morris Apartments

338 Hudson street

27 Western Ave

221 Lancaster St

594 Madison Ave
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Lake Apartments

The Reserve at Park South II

The Reserve at Park South
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 | $1,381 | $1,165 | $2,015 |
| Washington Park 1 Bedroom Apartments | $1,684 | $1,100 | $2,250 |
| Washington Park 2 Bedroom Apartments | $2,172 | $1,350 | $3,500 |
| Washington Park 3 Bedroom Apartments | $1,832 | $650 | $2,750 |
| Washington Park 4 Bedroom Apartments | $2,233 | $1,900 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 27 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 449 State St priced from $895. Willett Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,165. Here are the most affordable Washington Park apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 449 State St | 0 Beds, 1 Baths | Studio,1BA | $895 |
| Willett Apartments | Studio | Studio,1BA | $1,165 |
| 441 State St | Studio | Studio,1BA | $1,200 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1,800 |
Best Value Apartments for Rent in Washington Park, NY
As of July 08, 2026 the best value apartment in the Washington Park area is the $0.43 price per square foot 178 Western Ave Model at 178 Western Ave, Unit 2 in the in the Whitehall neighborhood starting from $650. The second greatest value Washington Park apartment is the 1BR/1.0BA Model at The Reserve at Park South starting at $1,800 with a $1.71 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. |
|---|---|---|---|
| 178 Western Ave, Unit 2 | 178 Western Ave | 3BR,1BA | $0.43 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1.71 |
| 40 Central Ave, Unit 2 Fifth Floor | 40 Central Ave | 1BR,1BA | $1.69 |
| 441 State St | Studio | Studio ,1BA | $2.40 |
| Willett Apartments | Studio | Studio ,1BA | $2.91 |
| 449 State St | 0 Beds, 1 Baths | Studio ,1BA | $2.24 |
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 449 State St listed at $895.
How much is rent for a Cheap One Bedroom Washington Park Apartment?
The lowest price for a Cheap One Bedroom Washington Park Apartment is $1,500 at 441 State St.
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 $1,700 at 441 State St.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.