Background Image

Area Guide

Central Avenue Albany, NY

Central Avenue has diverse cuisines from across the globe!

Diverse Bustling Nightlife

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 May 2026, the average apartment rent in Central Avenue is $934 for a studio, $1,312 for one bedroom, $1,210 for two bedrooms, and $2,272 for three bedrooms. Apartment rent in Central Avenue has increased by 1.5% in the past year.

  • Studio

  • 277 sq ft

    Average Sq Ft

  • $934/month

    Average Rent

  • 1 BR

  • 390 sq ft

    Average Sq Ft

  • $1,312/month

    Average Rent

  • 2 BR

  • 953 sq ft

    Average Sq Ft

  • $1,210/month

    Average Rent

  • 3 BR

  • 934 sq ft

    Average Sq Ft

  • $2,272/month

    Average Rent

Getting Around

Moderately Walkable

Walkability

70 / 100

Exceptional Public Transit

Transit

90 / 100

Very Drivable

Drivability

80 / 100

Fairly Bikeable

Bikeability

50 / 100

Daily Essentials

Supermarket Within a 10 Minute Walk

Groceries

80 / 100

Great Restaurant Variety Nearby

Restaurants

80 / 100

Good Café Variety Nearby

Cafes

60 / 100

Fair Variety of Shops Nearby

Shopping

50 / 100

Recreation

Very Large Amount of Park Space Nearby

Parks

80 / 100

Fair Wellness Amenity Variety Nearby

Wellness

40 / 100

Local Vibe

Vibrant Atmosphere

Vibrancy

60 / 100

Good Nightlife Variety Nearby

Nightlife

60 / 100

Very Noisy

Quiet Score

20 / 100

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

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.