1 Day Ago
Location
31 Terrace Avenue #2, APT 2, Albany, New York 12203, United States|Melrose
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Amenities for 31 Terrace Avenue #2, Melrose
Apartment Amenities
| Baseboard | Carpet |
| Hardwood Floor | Natural Gas |
| Window Units |
Appliances
| Dishwasher | In-Unit Laundry |
Other
| Exterior Type: Vinyl Siding | Five Rooms |
| Hot Water Heating |
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 31 Terrace Avenue #2
Property Status: Active Location! Location! Meticulously maintained Bright 2 bedroom 2nd floor apartment ~ Freshly painted, new carpet ~ eat-in kitchen ~ located between Washington and Western close to hospitals, colleges, shopping ~ washer/dryer inbasement occupied until end of December ~ New pictures to follow Office Phone: (518) 857-8093 Copyright © 2025 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 31 Terrace Avenue #2 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 | Apartment for rent |
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Rent trends in Melrose
Median rents as of Dec 6 2025.
Melrose
Albany
| Month | Median Rent |
|---|---|
| December 2023 | $1,519 |
| January 2024 | $1,500 |
| February 2024 | $1,500 |
| March 2024 | $1,620 |
| April 2024 | $1,645 |
| May 2024 | $1,650 |
| June 2024 | $1,695 |
| July 2024 | $1,672 |
| August 2024 | $1,714 |
| September 2024 | $1,655 |
| October 2024 | $1,661 |
| November 2024 | $1,634 |
| December 2024 | $1,608 |
| January 2025 | $1,625 |
| February 2025 | $1,650 |
| March 2025 | $1,650 |
| April 2025 | $1,650 |
| May 2025 | $1,653 |
| June 2025 | $1,650 |
| July 2025 | $1,650 |
| August 2025 | $1,717 |
| September 2025 | $1,677 |
| October 2025 | $1,700 |
| November 2025 | $1,670 |
| December 2025 | $1,700 |
| Month | Median Rent |
|---|---|
| October 2015 | $1,305 |
| November 2015 | $1,187 |
| December 2015 | $1,131 |
| January 2016 | $1,087 |
Affordability calculator
Can I afford to live at 31 Terrace Avenue #2?
Bedrooms
2 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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 2-bedrooms monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 31 Terrace Avenue #2
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-
New Scotland Elementary School
385 new scotland ave
albany, NY, 12208
PK, K-5Public
B
Philip J. Schuyler Achievement Academy
676 clinton ave
albany, NY, 12206
PK, K-5Public
C
Sheridan Preparatory Academy
400 sheridan ave
albany, NY, 12206
PK, K-5Public
C
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Internet available near 31 Terrace Avenue #2
Getting around APT 2 near 31 Terrace Avenue #2
Walking
6/10
Some shops and stores are within a few minutes.
Driving
7/10
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 31 Terrace Avenue #2, APT 2
Groceries
6/10
At least one supermarket within a 20-minute walk
Shopping
4/10
Several shops within walking distance
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 10-minute walk
High schools
4/10
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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