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

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Cheap Apartments in the Central Avenue 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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256 state street
Studio to 1 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
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Albany's Best Affordable Neighborhoods

Learn about Albany, NY and the best places to live with original content written by our New York area Local Expert Patrick Ryan

Central Avenue, Albany, NY Local Guide

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 ListingModel NameBed/BathPriced From
361 State StStudioStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
11 S LakeStudio ApartmentStudio,1BA$1,000
363 state street1 Bedroom, 1 Bathroom1BR,1BA$1,100
The AmsdellStyle AStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Albany Lofts at One Broadway1BD 1.5BA1BR,1.5BA$1.56
522 Madison Ave, Unit 2522 Madison Ave3BR,2BA$2.26
Steuben Place ApartmentsOne Bed One Bath1BR,1BA$1.93
ArtHouse Apartments1 Bedroom1BR,1BA$1.94
368 Hudson Ave, Unit Apt. #1368 Hudson Ave2BR,1BA$2.13
Willett Apartments2 Bedroom 1 Bathroom2BR,1BA$1.78
20 Park Residences1 Bed1BR,1BA$2.28
173 Jefferson St, Unit #1173 Jefferson St1BR,1BA$2.12
11 S LakeStudio ApartmentStudio ,1BA$1.82
361 State StStudioStudio ,1BA$2.25

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Pet Friendly Lifestyle
Central Avenue, Albany, NY

Ranked #20

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 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

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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A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY

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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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