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Cheap Apartments for Rent in the Park South Neighborhood of Albany, NY from $600 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Park South area of Albany.
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Rent Specials
from $1,015Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
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Rent Specials
from $1,1251 to 3 Bedroom Apartments Available Now
Capitol Crossings
1 Bleecker TerAlbany, NY 12206
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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Rent Specials
from $1,299Studio to 2 Bedroom Apartments Available Now
Abraxas at 90 State
90 State StAlbany, NY 12207
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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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.
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Showing Results 1-10, Page 1 of 1
Park South, Albany, NY Local Guide
How much does it cost to rent an apartment in Park South?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park South Studio Apartments | $1,577 | $900 | $2,180 |
| Park South 1 Bedroom Apartments | $1,790 | $1,050 | $2,400 |
| Park South 2 Bedroom Apartments | $2,192 | $1,200 | $3,405 |
| Park South 3 Bedroom Apartments | $1,807 | $1,215 | $2,600 |
| Park South 4 Bedroom Apartments | $2,160 | $2,160 | $2,160 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Park South Neighborhood of Albany, NY.
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Park South, Albany, NY Local Guide
- Nearby Albany neighborhoods
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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. Capitol Crossings has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Park South apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 361 State St | Studio | Studio,1BA | $900 |
| Capitol Crossings | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,125 |
| Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,420 |
Best Value Apartments for Rent in Park South, NY
As of May 13, 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 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 Park South 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 | $1.82 |
| Academy Place | The Achievement | 1BR,1BA | $2.09 |
| Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.78 |
| 19 Holland Ave, Unit 1 | 19 Holland Ave | 1BR,1BA | $1.86 |
| Industrie Apartments | Apartment Type A1 | Studio ,1BA | $3.05 |
| Capitol Crossings | 1 Bedroom 1 Bathroom | 1BR,1BA | $2.22 |
| Abraxas at 90 State | A21 | 1BR,1BA | $3.82 |
| 361 State St | Studio | Studio ,1BA | $2.25 |
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Pet Friendly LifestylePark South, Albany, NY
Ranked #7
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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
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 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.
What is the most affordable Park South Three Bedroom Apartment?
The best deal on a cheap Park South 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.
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.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.