Cheap Apartments for Rent in the Center Square Neighborhood of Albany, NY from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Center Square area of Albany.

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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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325 State Street
Studio to 2 Bedroom Apartments

325 State Street

325 State StAlbany, NY 12210
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 State StAlbany, NY 12210
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256 state street
Studio to 1 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210

Center Square, Albany, NY Local Guide

Cheapest Available Center Square Apartments for Rent

 

The cheapest available apartment rental in the Center Square area of Albany, NY is a Studio unit found at 361 State St priced from $900. 338 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Center Square apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
361 State StStudioStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
The AmsdellStyle AStudio,1BA$1,130
1395 HudsonStudio AStudio,1BA$1,175

Best Value Apartments for Rent in Center Square, NY

As of April 13, 2025 the best value apartment in the Center Square area is the $1.31 price per square foot 285 Lark St Model at 285 Lark St, Unit second floor in the in the Whitehall neighborhood starting from $1,700. The second greatest value Center Square apartment is the 1BD 1.5BA Model at Albany Lofts at One Broadway starting at $2,065 with a $1.64 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Center Square apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
285 Lark St, Unit second floor285 Lark St2BR,2BA$1.31
Albany Lofts at One Broadway1BD 1.5BA1BR,1.5BA$1.64
Steuben Place ApartmentsTwo Bed Two Bath2BR,2BA$1.91
ArtHouse Apartments1 Bedroom1BR,1BA$1.94
The Kenmore3061BR,1BA$1.82
368 Hudson Ave, Unit Apt. #1368 Hudson Ave2BR,1BA$2.13
Willett Apartments2 Bedroom 1 Bathroom2BR,1BA$1.78
386 Madison Ave, Unit Second Floor386 Madison Ave1BR,1BA$1.81
173 Jefferson St, Unit Floor 1173 Jefferson St1BR,1BA$2.08
56 Spring St, Unit Garden Apartment56 Spring St1BR,1BA$2.00

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Pet Friendly Lifestyle
Center Square, Albany, NY

Ranked #10

Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Center Square Neighborhood in Albany, NY

Walk Score®

96 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

58 / 100

Bikeable

Some bike infrastructure

Transit Score®

69 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Center Square Apartments

What is a cheap apartment in Center Square?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Center Square is under $1,255.

What is the price of a cheap apartment in Center Square?

The cheapest apartment in Center Square is 361 State St which is listed at $1,050, while the average apartment in Center Square costs $1,937.

What types of apartments are the cheapest in Center Square?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Center Square that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.