Updated 45 Minutes Ago
Location
409 Madison Ave #303, Albany, NY 12210, USA|Center Square
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Property Overview
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
High school nearby- Elementary school nearby
- Middle school nearby
Great for
Eco living
Pet owners
Social life
Amenities for 409 Madison Ave #303, Center Square
Features
| Air Conditioning | Balcony |
| Central Air | Hardwood Floor |
| Natural Gas | Walk-in Closet |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Elevator | Exterior Type: Brick |
Grounds
| Assigned Parking | Storage |
Other
| Five Rooms | View Type: City |
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
Parking Policy
Assigned Parking
Questions about this property’s policies and fees?
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About 409 Madison Ave #303
Property Status: Active Absolutely stunning third-floor condo in the heart of Center Square! Located in a beautifully converted historic schoolhouse building featuring 14 individually owned condo units, this unique residence offers character, charm, and an unbeatable Albany location. Situated just steps from Lark Street, Washington Park, the NYS Capitol, restaurants, shops, and nightlife, this spacious 2 bedroom, 2 FULL bath unit offers an exceptional combination of convenience and comfort. The secured building features soaring ceilings, gorgeous architectural details, oversized windows with abundant natural light, and spacious hallways. Inside the unit, you'll find generously sized bedrooms with excellent closet space throughout, a beautiful kitchen with granite countertops and newer stainless steel appliances, and a private balcony located directly off the kitchen. The unit also features a brand-new washer and dryer in the unit, a private storage unit, one off-street parking space, gas heat, central air conditioning, and high-speed Wi-Fi included. Tenant is responsible for a small gas and electric bill. As a top-floor unit, you'll enjoy added privacy with no neighbors above. All pets considered with an additional monthly pet fee. Please note that the building does not have an elevator, so prospective tenants should be comfortable using stairs. This is a truly unique property with character and features you won't find in a typical rental. Come see it in person to appreciate everything this special home has to offer. Reach out today for a private showing! Office Phone: (518) 925-3431 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 409 Madison Ave #303 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- Elementary school nearby
- There is an elementary school 0.3 mile away
- Middle school nearby
- There is a middle school 0.3 mile away
Address details
| Neighborhood | Center Square |
|---|---|
| Zip code | 12210 |
| Type | Condo for rent |
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Rent trends in Center Square
2-bedroom apartments at 409 Madison Ave #303 cost about 41% more than the average rent price for 2-bedroom apartments in Albany.
Median rents as of Aug 8 2026.
Center Square
Albany
| Month | Median Rent |
|---|---|
| August 2024 | $1,574 |
| 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 | $1,532 |
| July 2026 | $1,591 |
| August 2026 | $1,619 |
| Month | Median Rent |
|---|---|
| August 2024 | $1,541 |
| September 2024 | $1,554 |
| October 2024 | $1,585 |
| November 2024 | $1,569 |
| December 2024 | $1,558 |
| January 2025 | $1,565 |
| February 2025 | $1,596 |
| March 2025 | $1,595 |
| April 2025 | $1,569 |
| May 2025 | $1,574 |
| June 2025 | $1,565 |
| July 2025 | $1,543 |
| August 2025 | $1,587 |
| September 2025 | $1,548 |
| October 2025 | $1,532 |
| November 2025 | $1,558 |
| December 2025 | $1,666 |
| January 2026 | $1,652 |
| February 2026 | $1,705 |
| March 2026 | $1,736 |
| April 2026 | $1,656 |
| May 2026 | $1,650 |
| June 2026 | $1,637 |
| July 2026 | $1,700 |
| August 2026 | $1,700 |
Affordability calculator
Can I afford to live at 409 Madison Ave #303?
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
$96,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $96,000 annually to afford this 2-bedrooms monthly rent price of $2,400.
For more information on rent affordability, visit our rent calculator.
Schools near 409 Madison Ave #303
Sheridan Preparatory Academy
400 sheridan ave
albany, NY, 12206
PK, K-5Public
C
Giffen Memorial Elementary School
274 s pearl st
albany, NY, 12202
PK, K-5Public
C
Delaware Community School
43 bertha st
albany, NY, 12209
PK, K-5Public
C
Arbor Hill Elementary School
1 arbor dr
albany, NY, 12207
PK, K-5Public
C
Philip J. Schuyler Achievement Academy
676 clinton ave
albany, NY, 12206
PK, K-5Public
C
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Internet available near 409 Madison Ave #303
Getting around Albany near 409 Madison Ave #303
Walking
8/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 409 Madison Ave #303, Albany
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
9/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
8/10
Several bars within a few minutes’ walk
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