Cheap Apartments for Rent in the Central Avenue Neighborhood of Albany, NY from $600 (25 Rentals)
Cheap Apartments in the Central Avenue area of Albany.

Willett Apartments

239 Elm St

241 Elm St
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189 Lark St

Capitol Crossings

100 Chestnut St

359 Washington Ave

177 Lancaster St
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Albany's Best Affordable Neighborhoods
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Central Avenue, Albany, NY Local Guide

How much does it cost to rent an apartment in Central Avenue?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Central Avenue Studio Apartments | $1,377 | $900 | $2,180 |
Central Avenue 1 Bedroom Apartments | $1,639 | $1,050 | $2,400 |
Central Avenue 2 Bedroom Apartments | $2,167 | $1,200 | $3,405 |
Central Avenue 3 Bedroom Apartments | $1,841 | $1,215 | $2,600 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the Central Avenue Neighborhood of Albany, NY.
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Central Avenue, Albany, NY Local Guide
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Cheapest Available Central Avenue Apartments for Rent
 The cheapest available apartment rental in the Central Avenue 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 Central Avenue 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 |
11 S Lake | Studio Apartment | Studio,1BA | $1,000 |
363 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,100 |
The Amsdell | Style A | Studio,1BA | $1,130 |
Best Value Apartments for Rent in Central Avenue, NY
As of May 08, 2025 the best value apartment in the Central Avenue area is the $1.56 price per square foot 1BD 1.5BA Model at Albany Lofts at One Broadway in the in the Arbor Hill neighborhood starting from $1,965. The second greatest value Central Avenue apartment is the 522 Madison Ave Model at 522 Madison Ave, Unit 2 starting at $2,600 with a $2.26 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Central Avenue apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Albany Lofts at One Broadway | 1BD 1.5BA | 1BR,1.5BA | $1.56 |
522 Madison Ave, Unit 2 | 522 Madison Ave | 3BR,2BA | $2.26 |
Steuben Place Apartments | One Bed One Bath | 1BR,1BA | $1.93 |
ArtHouse Apartments | 1 Bedroom | 1BR,1BA | $1.94 |
368 Hudson Ave, Unit Apt. #1 | 368 Hudson Ave | 2BR,1BA | $2.13 |
Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.78 |
20 Park Residences | 1 Bed | 1BR,1BA | $2.28 |
173 Jefferson St, Unit #1 | 173 Jefferson St | 1BR,1BA | $2.12 |
11 S Lake | Studio Apartment | Studio ,1BA | $1.82 |
361 State St | Studio | Studio ,1BA | $2.25 |
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Pet Friendly LifestyleCentral Avenue, Albany, NY
Ranked #20
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Central Avenue Neighborhood in Albany, NY
Walk Score®
96 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
65 / 100
Bikeable
Some bike infrastructure
Transit Score®
68 / 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 Central Avenue Apartments
What is the Cheapest Studio apartment in Central Avenue?
Currently the most affordable Cheap Studio Apartment in Central Avenue is at 361 State St listed at $900.
How much is rent for a Cheap One Bedroom Central Avenue Apartment?
The lowest price for a Cheap One Bedroom Central Avenue Apartment is $1,050 at 361 State St.
What is the lowest price for a Cheap Two Bedroom Central Avenue Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Central Avenue is starting from $1,200 at 361 State St.
What is the most affordable Central Avenue Three Bedroom Apartment?
The best deal on a cheap Central Avenue Three Bedroom Apartment rental is at 361 State St and starts from $1,450.
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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