Cheap Homes for Rent in Washington Park Neighborhood of Albany, NY from $1,100 (5 Rentals)

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

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.

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.

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 ListingModel NameBed/BathPriced From
11 South Lake AveLarge StudioStudio,1BA$1,050
Willett ApartmentsStudioStudio,1BA$1,365
441 State St1 Bedroom1BR,1BA$1,500

Best Value Apartments for Rent in Washington Park, NY

As of May 04, 2026 the best value apartment in the Washington Park area is the $2.33 price per square foot 0BR/1.0BA Model at The Reserve at Park South II in the in the Whitehall neighborhood starting from $1,600. The second greatest value Washington Park apartment is the 64 Central Ave Model at 64 Central Ave, Unit First Floor Studio starting at $1,050 with a $1.62 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Reserve at Park South II0BR/1.0BAStudio ,1BA$2.33
64 Central Ave, Unit First Floor Studio64 Central AveStudio ,1BA$1.62
11 South Lake AveLarge StudioStudio ,1BA$1.93
Willett ApartmentsStudioStudio ,1BA$3.90

Frequently Asked Questions about Washington Park

What type of rentals are currently available in Washington Park?

There are currently 133 Apartments for Rent in Washington Park, NY with pricing that ranges from $1,050 to $3,085. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Washington Park ranging from $1,100 to $2,300.

What is the current price range for Rental Homes in Washington Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Washington Park ranges from $1,100 to $2,300 with an average monthly rent of $1,637.

How much are larger Three and Four Bedroom Rentals in Washington Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Washington Park range from $1,215 to $2,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $1,100. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,950.

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

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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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.