
Cheap Apartments for Rent in the Center Square Neighborhood of Albany, NY from $700 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Center Square area of Albany.


56 Spring St, Unit Garden Apartment

Willett Apartments

386 Madison Ave, Unit Second Floor

100 Chestnut St
Center Square, Albany, NY Local Guide

How much does it cost to rent an apartment in Center Square?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Center Square Studio Apartments | $1,283 | $900 | $1,625 |
Center Square 1 Bedroom Apartments | $1,643 | $700 | $2,400 |
Center Square 2 Bedroom Apartments | $1,990 | $1,200 | $2,970 |
Center Square 3 Bedroom Apartments | $1,727 | $1,215 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Center Square Neighborhood of Albany, NY.
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Center Square, Albany, NY Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
361 State St | Studio | Studio,1BA | $900 |
338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
The Amsdell | Style A | Studio,1BA | $1,130 |
1395 Hudson | Studio A | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
285 Lark St, Unit second floor | 285 Lark St | 2BR,2BA | $1.31 |
Albany Lofts at One Broadway | 1BD 1.5BA | 1BR,1.5BA | $1.64 |
Steuben Place Apartments | Two Bed Two Bath | 2BR,2BA | $1.91 |
ArtHouse Apartments | 1 Bedroom | 1BR,1BA | $1.94 |
The Kenmore | 306 | 1BR,1BA | $1.82 |
368 Hudson Ave, Unit Apt. #1 | 368 Hudson Ave | 2BR,1BA | $2.13 |
Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.78 |
386 Madison Ave, Unit Second Floor | 386 Madison Ave | 1BR,1BA | $1.81 |
173 Jefferson St, Unit Floor 1 | 173 Jefferson St | 1BR,1BA | $2.08 |
56 Spring St, Unit Garden Apartment | 56 Spring St | 1BR,1BA | $2.00 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCenter Square, Albany, NY
Ranked #10
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.