Cheap Apartments for Rent in the Second Avenue Neighborhood of Albany, NY from $500 (28 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Second Avenue area of Albany.

property at 5 Summit Ave

5 Summit Ave

AlbanyNY12209
property at 45 Park Ave

45 Park Ave

AlbanyNY12202

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

property at 159 1st St

159 1st St

AlbanyNY12210
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PM 63 2nd Ave.
1 Bedroom Apartments

PM 63 2nd Ave.

63 2nd AveAlbany, NY 12202
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142 Morton Ave
Studio Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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325 State Street
Studio to 2 Bedroom Apartments

325 State Street

325 State StAlbany, NY 12210
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, 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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363 state street
Studio to 1 Bedroom Apartments

363 state street

363 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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357-363 Morris St
1 to 2 Bedroom Apartments

357-363 Morris St

357-363 Morris StAlbany, NY 12208
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409 State St
1 Bedroom Apartments

409 State St

409 State StAlbany, NY 12210
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69 Trinity Place
1 to 2 Bedroom Apartments

69 Trinity Place

69 Trinity PlzAlbany, NY 12202

Second Avenue, Albany, NY Local Guide

Cheapest Available Second Avenue Apartments for Rent

 

The cheapest available apartment rental in the Second Avenue area of Albany, NY is a Studio unit found at 142 Morton Ave priced from $800. 361 State St has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Second Avenue apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$800
361 State StStudioStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
11 S LakeStudio ApartmentStudio,1BA$1,000
363 state streetStudio, 1 BathroomStudio,1BA$1,000
Downtown Student Housing2 Bedroom2BR,2BA$1,100
The AmsdellStyle AStudio,1BA$1,130
930 On BroadwayStudio AStudio,1BA$1,195
The Kennedy4061BR,1BA$1,225

Best Value Apartments for Rent in Second Avenue, NY

As of March 22, 2025 the best value apartment in the Second Avenue area is the $1.07 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $2,400. The second greatest value Second Avenue apartment is the 459 Jay St Model at 459 Jay St, Unit 1 starting at $1,350 with a $0.96 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Second Avenue apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
44 JamesThe James2BR,1BA$1.07
459 Jay St, Unit 1459 Jay St2BR,1BA$0.96
Hinckel Brewery Development LLC2BR/1.0BA2BR,1BA$1.42
Downtown Student Housing3 Bedroom3BR,2BA$1.33
372 2nd Ave, Unit 1372 2nd Ave4BR,1BA$1.43
18 Sparkill Ave, Unit 1st Floor Apartment18 Sparkill Ave2BR,2BA$1.26
412 Broadway33/341BR,1.5BA$1.31
431 Clinton Ave, Unit unit3431 Clinton Ave3BR,1BA$1.30
140 Grand St, Unit Basement Apartment140 Grand St1BR,1BA$1.30
431 Clinton Ave, Unit #3431 Clinton Ave3BR,1BA$1.15

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Pet Friendly Lifestyle
Second Avenue, Albany, NY

Ranked #30

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across New York and customized analysis for Central Albany. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Second Avenue Neighborhood in Albany, NY

Walk Score®

56 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

52 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Second Avenue Apartments

What is the Cheapest Studio apartment in Second Avenue?

Currently the most affordable Cheap Studio Apartment in Second Avenue is at 142 Morton Ave listed at $800.

How much is rent for a Cheap One Bedroom Second Avenue Apartment?

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

What is the lowest price for a Cheap Two Bedroom Second Avenue Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Second Avenue is starting from $1,100 at Downtown Student Housing.

What is the most affordable Second Avenue Three Bedroom Apartment?

The best deal on a cheap Second 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.

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

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.