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The Elouise offers strong overall value, with high marks for price, location, and amenities, plus a solid expert rating that points to a well-rounded living experience. It stands out for walkability, nearby transit, abundant parks and dining options, and convenient access to pet services, while also showing strong value per square foot and a nearby highly rated middle school.
Things you’ll love
Great for
| 1BR/1.0BA | 1 bed | 1 bath | 675 sqft | $1,450 /mo | 1 unit available | Large One-Bedroom Deluxe Apartment Available 8/1/26. Includes fully renovated gally-style kitchen and updated bathroom. |
Let's explore this property.
Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 93 |
|---|
Welcome to The Elouise at 11 South Lake — Historic Elegance Meets Modern Living in the Heart of Albany's Pine Hills Step into one of Albany's most iconic addresses. Built in 1928 in the Classical Revival style, The Elouise rises eight stories above South Lake Avenue as a true architectural landmark of the Pine Hills neighborhood. Nearly a century of character meets thoughtfully updated interiors — giving you the best of both worlds. Inside, you'll find bright, sun-filled apartments with generous layouts ranging from studios to spacious one and two-bedrooms. Many apartments features hardwood floors, quartz countertops, stainless steel appliances, and walk-in closets — finishes that feel fresh without erasing the building's timeless charm. Large windows frame sweeping views of the city and the surrounding tree-lined streetscape of historic brownstones and row houses. Just steps to Washington Park — Albany's crown jewel. This 90-acre urban oasis offers a lake, walking and running paths, tennis and basketball courts, a playground, and a performing arts stage. Enjoy the Tulip Festival each spring, summer nights at the Park Playhouse — all just steps from home. The Pine Hills neighborhood is one of Albany's most walkable, with Madison Avenue's restaurants, cafes, and shops right around the corner. The University at Albany Downtown Campus and Engineering School are minutes away, as well as Albany Medical Center, College of Pharmacy, and Albany Law School as well as downtown Albany is a quick commute by bus or car. Living at The Elouise is easy on the budget, too. Water, heat, trash removal, and sewer are all included in your rent. The building is pet-friendly with some breed restrictions. On-site laundry keeps your routine convenient. Studios, one-bedrooms, and two-bedrooms range from 500 to 900 square feet, with rents starting at $1,100/month. Come see why The Elouise has been one of Albany's most desirable addresses for nearly 100 years.
How The Elouise compares to other nearby properties.
Positives
1-bedroom apartments at The Elouise cost about 3% less than the average rent price for 1-bedroom apartments in Washington Park.
| Month | Median Rent |
|---|---|
| July 2024 | $1,256 |
| August 2024 | $1,225 |
| September 2024 | $1,248 |
| October 2024 | $1,294 |
| November 2024 | $1,307 |
| December 2024 | $1,299 |
| January 2025 | $1,335 |
| February 2025 | $1,374 |
| March 2025 | $1,309 |
| April 2025 | $1,262 |
| May 2025 | $1,257 |
| June 2025 | $1,281 |
| July 2025 | $1,330 |
| August 2025 | $1,329 |
| September 2025 | $1,295 |
| October 2025 | $1,300 |
| November 2025 | $1,302 |
| December 2025 | $1,250 |
| January 2026 | $1,278 |
| February 2026 | $1,279 |
| March 2026 | $1,337 |
| April 2026 | $1,392 |
| May 2026 | $1,355 |
| June 2026 | $1,360 |
| Month | Median Rent |
|---|---|
| February 2025 | $1,450 |
| March 2025 | $1,450 |
| June 2025 | $1,225 |
| July 2025 | $1,295 |
| August 2025 | $1,450 |
| December 2025 | $1,495 |
Can I afford to live at 11 S Lake Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$58,000/yr
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