Zumper

542 Madison Ave
542 Madison Ave, Albany, NY 12208, USA

Apartment for rent
Cat friendly
Monthly rent
$1,475–$1,575
Beds1–2
Baths1
Sqft750–800
modified
5+ Days Ago

Property Overview

Featuring 36 detailed photos, the property offers a compelling visual appeal for potential renters. Positioned within the 70th percentile for value compared to surrounding properties, it presents a strong investment opportunity. The location is vibrant, with 216 mixed-use spaces, 26 parks, 58 cultural centers, and 201 dining options within a mile, ensuring a lively social scene.

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

  • Less expensive
  • Dishwasher
  • Extra Storage

Great for

  • Social life

Units

542 Madison Ave Albany, NY

New Listing

542-2

1 Bed

1 Bath

$1,475

Listed on 09/04/2025
Listed by Barry G
Days on market: 6
Property Id: 1264201 1BR apartment PLUS 6'x9' home office w/ window. $1475/mo includes heat, hot water, sewer + trash removal. 1st Floor of a 3 story brownstone on Madison Ave across from Washington Park. Apartment features: -10ft. ceilings + hardwood floors throughout -Large EIK w/ lots of storage space -Home office w/ window -Two large hallway storage closets -Window AC Unit -LR ceiling fan Kitchen includes: -Stainless Steel appliances: Refrigerator/Freezer, Gas Range, Dishwasher -Shelf microwave -Exposed brick wall. -Lots of built-in cupboards and drawers Bedroom is cute, fits a full size bed. Bathroom has a clawfoot bathtub, tile flooring, medicine chest + large linen closet. Great location directly across the street from Washington Park + around the corner from AMC+ the YMCA. 2-8 minute walk to Albany Law, Medical + Pharmacy Colleges, Lark St, Bk of America, CVS, Chipotle, Dunkin, Jimmy John's, Panera +Starbucks! Only 500 ft from CDTA 114 bus stop + just a short walk to Empire State Plaza too!

New Listing

542-4

2 Beds

1 Bath

$1,575

Listed on 08/28/2025
Listed by Barry G
Days on market: 13
Property Id: 1609182 2BR w/ 6' x 11' home office, storage or walk-in closet. $1575/mo includes heat, hot water, sewer, trash removal. 2nd Floor of a 3 story brownstone on Madison Ave across from Washington Park. Features: -10ft. ceilings + hardwood floors throughout. -Spacious LR w/ combined kitchen -Home office w/ window -Window AC Unit+LR ceiling fan -lots of direct PM sunlight. Kitchen: -Refrigerator, Gas Range, Dishwasher + Microwave -Granite countertop -Lots of storage w/ shaker style cabinets -Recessed lighting. Bedrooms: -1st BR fits a King + lots of built in storage -2nd BR is smaller w/ large closet + storage space. Fits a double bed. Bathroom has a bathtub w/ sliding door, tile flooring+Medicine cabinet. Great location on Washington Pk + around corner from AMC + the YMCA. 2-8 minute walk to Albany Law, Medical + Pharmacy Colleges, Lark St, Bk of America, CVS, Chipotle, Dunkin, Jimmy John's, Panera + Starbucks! Only 500 ft from CDTA 114 bus stop + just a short walk to Empire State Plaza too!

Amenities for 542 Madison Ave

Some units at this address have these amenities. View unit details for more information.

Building
  • Cats Ok
  • On-Site Laundry
  • Storage
  • Outdoor Space
  • On-Site Management
Unit Amenities
  • On-Site Laundry
  • Microwave
  • Hardwood Floor
  • Ceiling Fan
  • Air Conditioning
  • Dishwasher
  • Walk-In Closets
  • Assigned Parking
  • Fireplace
  • In-Unit Laundry

Policies at 542 Madison Ave

Dog policy

Not Allowed 

Cat policy

Allowed 

Contact for more information on pet policy.

Parking

Assigned ParkingContact for Price
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About 542 Madison Ave

HomeApartments in AlbanyPark South 542 Madison Ave #542-2, Albany, NY 12208, USA

Discover the perfect blend of comfort and convenience at 542 Madison Ave in Albany's charming Park South neighborhood. This intimate 8-unit property offers spacious 1 and 2-bedroom residences, each approximately 800 square feet in size. As a pet-friendly community, you can bring your furry friends along. Enjoy a range of amenities, including a dishwasher, fireplace, and hardwood floors for a cozy atmosphere. Stay comfortable with an HVAC system and take advantage of the outdoor space, storage, and walk-in closet. For added convenience, on-site laundry facilities are also provided. With its long-term rentals, this property is ideal for those looking for a stable and relaxing living environment.

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Address details

Units8
Units available2
Neighborhood
City
Zip code12208

542 Madison Ave #542-2 is great for:

Social life

  • 201 restaurants within 1 mile of this property
  • 216 mixed-use spaces nearby
  • 58 museums, art galleries, or cultural centers within 1 mile
  • Area has 26 parks and recreation options

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 542 Madison Ave, Albany, NY 12208, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Dishwasher
Kitchens at this address include dishwashers
Extra Storage
Upgraded in-unit features
Fireplace
Upgraded in-unit features available
Images available
There are at least 10 photos of this address
Outdoor space
One or more rentals here have easy access to the outdoors
Walk-in closet
Rentals here may include more closet space than average

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Rent trends in Albany

1-bedroom apartments here are priced 11% lower than 1-bedrooms in Park South.

If you decide to upgrade your space, you can expect 2-bedrooms at 542 Madison Ave #542-2 to be 1% more than the average for similarly sized apartments in Park South.

Median rents as of Sep 6 2025.
Park South
Albany
A table of studio rental data trends in Albany
MonthMedian Rent
September 2023$1,094
October 2023$1,078
November 2023$1,162
December 2023$1,289
January 2024$1,294
February 2024$1,247
March 2024$1,281
April 2024$1,255
May 2024$1,192
June 2024$1,149
July 2024$1,168
August 2024$1,055
September 2024$1,109
October 2024$1,282
November 2024$1,247
December 2024$1,212
January 2025$1,371
February 2025$1,490
March 2025$1,257
April 2025$1,176
May 2025$1,117
June 2025$1,137
July 2025$1,178
August 2025$1,245
September 2025$1,225
A table of studio rental data trends in Park South
MonthMedian Rent
September 2023$850
October 2023$775
November 2023$1,000
March 2024$1,391
April 2024$975
May 2024$1,333
June 2024$1,117
July 2024$1,047
August 2024$950
September 2024$959
October 2024$993
November 2024$985
December 2024$950
June 2025$1,600
July 2025$1,600
August 2025$1,557
September 2025$1,525

Affordability calculator

Can I afford to live at 542 Madison Ave?

Bedrooms

Rent-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

$59,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $59,000 annually to afford this 1-bedroom monthly rent price of $1,475.
For more information on rent affordability, visit our rent calculator.

Rent history

The increase or decrease in monthly rent compared to the previous listing price.
Check out the past listing prices for monthly rent at 542 Madison Ave, Albany, NY.
Last month$1,3751 bed1 bath
Last month$1,5001 bed1 bath
Last month$1,5001 bed1 bath
2 months ago$1,6002 bed1 bath
4 months ago$1,6001 bed1 bath
5 months ago$1,5501 bed1 bath
1 year ago$1,100Studio1 bath
1 year ago$1,3501 bed1 bath
1 year ago$1,5502 bed1 bath

Schools near 542 Madison Ave #542-2

Sheridan Preparatory Academy

400 sheridan ave

albany, NY, 12206

PK, K-5Public
C

Delaware Community School

43 bertha st

albany, NY, 12209

PK, K-5Public
C

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

Giffen Memorial Elementary School

274 s pearl st

albany, NY, 12202

PK, K-5Public
C
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Getting around Albany near 542 Madison Ave

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

6/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

8/10
Popular public transit options are just a short walk from this location.

Points of interest for 542 Madison Ave, Albany

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

4/10
Several 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 10-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

9/10
Exceptionally large amount of park space within a few minutes’ walk

Nightlife

5/10
Some bars within a few minutes’ walk

Explore the area around 542 Madison Ave

Market 32 By Price Chopper
40 Delaware Ave
Lark Central Market
218 Lark St
212 Marketplace
212 Quail St
S & A West Indian
350 Elk St
Halal Market
264 Central Ave

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