5+ Days Ago
Highlights
- Dishwasher
- Washer and dryer
- Off street parking
Location
164 Terrace Ave #1, Albany, NY 12203, USA|Melrose
Tour 164 Terrace Ave #1
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Amenities for 164 Terrace Ave #1, Melrose
Features
| Dryer | Hardwood Floor |
| Washer |
Appliances
| Dishwasher | In-Unit Laundry |
| Refrigerator |
Grounds
| Garage Parking |
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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 164 Terrace Ave #1
Beautifully maintained 3 bedroom, 1.5 bathroom house in Albany's Melrose neighborhood. Home is nearby SUNY Albany, Rosemont Park, and within a short distance to Hannaford, Madison Ave shops, and just minutes from downtown. Enjoy the tranquility of the quiet, tree lined street while still being close to all the city of Albany has to offer. One car garage, off street parking, washer and dryer, and dishwasher are just some of the amenities this house has to offer. Rent/security: $2600/month Applications accepted only through Redway Property Management Schedule a showing at your convenience: https app tenantturner com listings redwaypropertymanagement
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 164 Terrace Ave #1 compares to other nearby properties.
Positives
- Dishwasher
- Dishwasher available in kitchen
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 2 miles away
Address details
| Neighborhood | Melrose |
|---|---|
| Zip code | 12203 |
| Type | House for rent |
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Rent trends in Melrose
Median rents as of Apr 25 2026.
Melrose
Albany
| Month | Median Rent |
|---|---|
| May 2024 | $1,565 |
| June 2024 | $1,542 |
| 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 |
| Month | Median Rent |
|---|---|
| January 2026 | $1,600 |
| February 2026 | $1,592 |
| March 2026 | $1,545 |
Affordability calculator
Can I afford to live at 164 Terrace Ave #1?
Bedrooms
3 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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 3-bedrooms monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 164 Terrace Ave #1
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 164 Terrace Ave #1
Getting around Albany near 164 Terrace Ave #1
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 164 Terrace Ave #1, Albany
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
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
3/10
Some bars within walking distance
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