16 Hours Ago
Location
111 Terrace Ave, Albany, NY 12203, USA|Melrose
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Amenities for 111 Terrace Ave, Melrose
Features
| Carpet | Forced Air |
| Natural Gas | Window Units |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Exterior Type: Brick |
Grounds
| 2 Parking Spaces |
Other
| Exterior Type: Wood Siding | Fourteen Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 111 Terrace Ave
Property Status: Active Spacious 4 BR 2 full bath 2 story home with newer floors, gas heat and central air, Newer features include furnace & HW tank, microwave, cooktop and dryer. Situated on a quiet Albany Street and minutes from hospitals, SUNY, highways, shopping & restaurants, etc Available 8/15 Office Phone: (518) 857-8093 Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 111 Terrace Ave compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Melrose |
|---|---|
| Zip code | 12203 |
| Type | House for rent |
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Rent trends in Melrose
Median rents as of Jun 13 2026.
Melrose
Albany
| Month | Median Rent |
|---|---|
| June 2024 | $1,550 |
| July 2024 | $1,611 |
| August 2024 | $1,565 |
| September 2024 | $1,588 |
| October 2024 | $1,713 |
| November 2024 | $1,695 |
| December 2024 | $1,736 |
| January 2025 | $1,691 |
| February 2025 | $1,700 |
| March 2025 | $1,603 |
| April 2025 | $1,529 |
| May 2025 | $1,548 |
| June 2025 | $1,520 |
| July 2025 | $1,533 |
| August 2025 | $1,510 |
| September 2025 | $1,523 |
| October 2025 | $1,514 |
| November 2025 | $1,533 |
| December 2025 | $1,537 |
| January 2026 | $1,535 |
| February 2026 | $1,543 |
| March 2026 | $1,584 |
| April 2026 | $1,597 |
| May 2026 | $1,588 |
| June 2026 | $1,550 |
| Month | Median Rent |
|---|---|
| January 2026 | $1,600 |
| February 2026 | $1,592 |
| March 2026 | $1,545 |
Affordability calculator
Can I afford to live at 111 Terrace Ave?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$118,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $118,000 annually to afford this 4-bedrooms monthly rent price of $2,950.
For more information on rent affordability, visit our rent calculator.
Schools near 111 Terrace Ave
Pine Hills Elementary School
41 n allen st
albany, NY, 12203
PK, K-5Public
C+
Eagle Point Elementary School
1044 western ave
albany, NY, 12203
PK, K-5Public
B-
Philip J. Schuyler Achievement Academy
676 clinton ave
albany, NY, 12206
PK, K-5Public
C
New Scotland Elementary School
385 new scotland ave
albany, NY, 12208
PK, K-5Public
B
Sheridan Preparatory Academy
400 sheridan ave
albany, NY, 12206
PK, K-5Public
C
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Internet available near 111 Terrace Ave
Getting around Albany near 111 Terrace Ave
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
This area is close to freeways and has adequate parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 111 Terrace Ave, Albany
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
6/10
Wide variety of bars within a short drive, including some within walking distance
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Asian Food Market
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Market 32 By Price Chopper
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709 Central Ave
Montana Food
17 Watervliet Ave
Colonial Cleaners
177 N Allen St
Natalie's Tailors & Cleaners
232 W Lawrence St
Streetgame
818 Central Ave
St Andrew's Thrift Shop
10 N Main Ave
Rainbow
911 Central Ave
Dunkin'
1066 Madison Ave
Dunkin'
677 Central Ave
Starbucks
420 Western Ave
Dunkin'
1040 Central Ave
Dunkin'
601 New Scotland Ave
Lynn's Uptown Sports Tavern
15 Colvin Ave
Madison Pour House
1110 Madison Ave
The Orchard Tavern & Restaurant
68 N Manning Blvd
Tre Friends LLC
250 Western Ave
Clubhouse
325 Central Ave
Vegetable Project Corp
10 N Pine Ave
Nino's Bakery LLC
718 Central Ave
Rolly-Poly Buns & Stuff
30 Davis Ave
Ragonese Italian Imports
409 New Scotland Ave
Medina Halal Market
286 Central Ave
Roosevelt Park
Playground
Rosemont Park
Playground
Dewitt Park
518 Market
Campus Center West Addition
Lynn's Uptown Sports Tavern
15 Colvin Ave
Kismet Restaurant LLC
1116 Madison Ave
Curry House Inc-Indian Restaurant Albany NY
1112 Madison Ave
Variety Pizza
1112 Madison Ave
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