Central Avenue

Albany, NY

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Central Avenue - Albany, NY Area Guide

Central Avenue has diverse cuisines from across the globe!

Diverse Bustling Nightlife Urban River New York

Living in Central Avenue, you’re surrounded by tons of diverse cuisines from across the globe and a bustling nightlife scene, all within walking distance of each other. Historic Washington Park is just steps away, so you can stroll through its lush gardens and monuments any time you wish.

The University at Albany Downtown Campus resides here, and it’s just a quick 10-minute drive from the main campus. Residents enjoy the urban atmosphere of Central Avenue; its namesake street has numerous antique shops, thrift stores, and take-out establishments for your enjoyment. The neighborhood is two miles out from downtown Albany as well as the Hudson River.

Rent Trends

As of April 2026, the average apartment rent in Central Avenue is $933 for a studio, $1,310 for one bedroom, $1,208 for two bedrooms, and $2,270 for three bedrooms. Apartment rent in Central Avenue has increased by 1.4% in the past year.

  • Studio

  • 277 sq ft

    Average Sq Ft

  • $933/month

    Average Rent

  • 1 BR

  • 390 sq ft

    Average Sq Ft

  • $1,310/month

    Average Rent

  • 2 BR

  • 953 sq ft

    Average Sq Ft

  • $1,208/month

    Average Rent

  • 3 BR

  • 934 sq ft

    Average Sq Ft

  • $2,270/month

    Average Rent

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 Central Avenue

Houses for Rent in Central Avenue

Property Management Companies

Search Nearby Rentals

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.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.