Cheap Apartments for Rent in the Park South Neighborhood of Albany, NY from $600 (7 Rentals)

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357-363 Morris St
1 to 2 Bedroom Apartments

357-363 Morris St

357-363 Morris StAlbany, NY 12208
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Park South, Albany, NY Local Guide

Cheapest Available Park South Apartments for Rent

 

The cheapest available apartment rental in the Park South area of Albany, NY is a Studio unit found at 361 State St priced from $900. 1395 Hudson has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here are the most affordable Park South apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
361 State StStudioStudio,1BA$900
1395 HudsonStudio AStudio,1BA$1,175
Willett Apartments2 Bedroom 1 Bathroom2BR,1BA$1,420

Best Value Apartments for Rent in Park South, NY

As of April 30, 2025 the best value apartment in the Park South 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 Park South apartment is the Two Bed Two Bath Model at Steuben Place Apartments starting at $1,995 with a $1.82 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Park South 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
Steuben Place ApartmentsTwo Bed Two Bath2BR,2BA$1.82
The Kenmore3061BR,1BA$1.82
Willett Apartments2 Bedroom 1 Bathroom2BR,1BA$1.78
Industrie ApartmentsApartment Type A2Studio ,1BA$2.72
361 State StStudioStudio ,1BA$2.25
1395 HudsonStudio FStudio ,1BA$3.87

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Pet Friendly Lifestyle
Park South, Albany, NY

Ranked #9

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Getting Around the Park South Neighborhood in Albany, NY

Walk Score®

88 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

61 / 100

Bikeable

Some bike infrastructure

Transit Score®

63 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Park South Apartments

What is the Cheapest Studio apartment in Park South?

Currently the most affordable Cheap Studio Apartment in Park South is at 361 State St listed at $900.

How much is rent for a Cheap One Bedroom Park South Apartment?

The lowest price for a Cheap One Bedroom Park South Apartment is $1,050 at 361 State St.

What is the lowest price for a Cheap Two Bedroom Park South Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Park South is starting from $1,200 at 361 State St.

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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.