Nearby rentals
Property management
A private balcony, central air conditioning, oversized windows, high-speed wi-fi, off-street parking, and excellent closet space add everyday comfort and convenience. Nearby restaurants, mixed-use spaces, event venues, theaters, and wellness-oriented access to fresh air and natural light support an active social and balanced lifestyle, while the close proximity to a top-rated middle school and high school and the 21 photos offer added practical appeal.
Things you’ll love
High school nearbyMiddle school nearbyElementary school nearbyGreat for
Wellness
Social lifeFeatures
| 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 |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
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.
How 409 Madison Ave #303 compares to other nearby properties.
Positives
| Neighborhood | Center Square |
|---|---|
| Zip code | 12210 |
| Type | Condo for rent |
2-bedroom apartments at 409 Madison Ave #303 cost about 29% more than the average rent price for 2-bedroom apartments in Albany.
| Month | Median Rent |
|---|---|
| October 2024 | $1,737 |
| 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 | $1,607 |
| September 2026 | $1,600 |
| Month | Median Rent |
|---|---|
| October 2024 | $1,590 |
| 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 |
| September 2026 | $1,700 |
Can I afford to live at 409 Madison Ave #303?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$88,000/yr
400 sheridan ave
albany, NY, 12206
274 s pearl st
albany, NY, 12202
43 bertha st
albany, NY, 12209
1 arbor dr
albany, NY, 12207
676 clinton ave
albany, NY, 12206
63 Mansion Blvd
1–3 Beds
$1,795–$3,100
31 Pollock Rd
1–3 Beds
$1,670–$2,360
6601 Oak Hill Cir
1–3 Beds
$1,930–$2,520
Campus Area • 115 Krumkill Rd
1 Bed
$1,420–$2,077
63 Mansion Blvd
1–3 Beds
$1,795–$3,100
31 Pollock Rd
1–3 Beds
$1,670–$2,360
6601 Oak Hill Cir
1–3 Beds
$1,930–$2,520
Campus Area • 115 Krumkill Rd
1 Bed
$1,420–$2,077
