Center Square

Albany, NY

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Center Square - Albany, NY Area Guide

A convenient and colorful neighborhood between Washington Park and downtown

Urban Walkable Vibrant Convenient Park-Like

Center Square encompasses just a few blocks near the heart of Downtown Albany. Set between Washington Park and the heart of downtown, Center Square is home to colorful apartment buildings and townhomes on charming tree-lined streets. Lark Street holds plenty of restaurants, including burrito spots, tapas, Chinese, and more, all in a colorful walkable locale. Locals gather at Washington Park because it’s so close, but the walkability of Downtown Albany means you can be almost anywhere in just minutes. Proximity to Interstate 787 and U.S. Highway 20 means commuting by car is just as easy, whether you travel for work or for leisure.

Rent Trends

As of March 2026, the average apartment rent in Center Square is $1,111 for a studio, $1,361 for one bedroom, $1,551 for two bedrooms, and $1,851 for three bedrooms. Apartment rent in Center Square has increased by 2.2% in the past year.

  • Studio

  • 330 sq ft

    Average Sq Ft

  • $1,111/month

    Average Rent

  • 1 BR

  • 380 sq ft

    Average Sq Ft

  • $1,361/month

    Average Rent

  • 2 BR

  • 769 sq ft

    Average Sq Ft

  • $1,551/month

    Average Rent

  • 3 BR

  • 1,083 sq ft

    Average Sq Ft

  • $1,851/month

    Average Rent

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Center Square - Albany, NY is for everyday living.

Walker's Paradise

96 / 100

Lace up your walking shoes because this area is considered a walker’s paradise.

Excellent Transit

69 / 100

You’ll have excellent transit living in this area, with several nearby transit stops.

Bikeable

58 / 100

While there’s some bike infrastructure in this area, you’ll still need a car for many errands.

Points of Interest

Parks and Recreation

  • Hudson River Valley National Heritage Area
  • New York State Museum
  • Audubon Center at Knox Farm State Park
  • Elm Avenue Park
  • Children's Museum of Science & Technology

Airports

  • Albany International

Top Apartments in Center Square

Property Management Companies

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.