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Updated 5+ Days Ago
Location
42 Terrace Ave, Albany, NY 12203, USA|Melrose
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Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
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About 42 Terrace Ave
Quiet residential area; located conveniently near shopping and major highways. Apartment features hardwood floors and is fully appliance. Off-street parking; extra storage in basement. Tenant pays utilities.
Address details
| Neighborhood | Melrose |
|---|---|
| Zip code | 12203 |
| Type | Apartment for rent |
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Available rentals nearby
Rent trends in Melrose
2-bedroom apartments at 42 Terrace Ave cost about 29% less than the average rent price for 2-bedroom apartments in Albany.
Median rents as of Aug 8 2026.
Melrose
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 |
|---|---|
| January 2026 | $1,600 |
| February 2026 | $1,592 |
| March 2026 | $1,545 |
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 8 years ago | $1,100 |
Schools near 42 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-
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 42 Terrace Ave
Getting around Albany near 42 Terrace Ave
Walking
4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Transit
4/10
There are a few mass transit options within the area.
Points of interest for 42 Terrace Ave, Albany
Groceries
6/10
The nearest general grocery store is within a 15-minute walk, and there are also a few specialist food stores nearby.
Shopping
3/10
Some fashion stores are within walking distance.
Cafes
4/10
The closest café is within a 15-minute walk, and there are a few other cafés within walking distance.
Restaurants
5/10
Some restaurants are within walking distance.
Primary schools
8/10
At least one elementary school within a 5-to-10-minute walk.
High schools
4/10
The closest high school is within a 15-to-20-minute walk.
Parks
6/10
Few parks in the area.
Nightlife
3/10
The closest bar is within a 15-minute walk, and there are a few other bars within walking distance.
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