Updated 5 Hours Ago
Location
108 S Lake Ave, Albany, NY 12208, USA|Park South
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Property Overview
108 South Lake is rated highly overall, with strong marks for price, location, amenities, and trustworthiness. It stands out for walkability, nearby transit, dining, mixed-use areas, and access to parks, while also offering a solid balance of value and convenience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby
Great for
Social life
Eco living
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 700 sqft | $1,450 /mo | 1 unit available | Welcome home to this spacious 1-bedroom, 1-bathroom apartment offering approximately 700 sq. ft. of living space in one of Albany’s desirable residential areas. The apartment features a generously sized living area, a functional kitchen with plenty of cabinet space, and classic character throughout. Location is a major highlight! Enjoy being close to Washington Park, a popular Albany destination offering green space, walking paths, recreational facilities, seasonal events, and more. You'll also be conveniently located near downtown Albany, local restaurants, shops, entertainment, and major employers, making this a great option for anyone looking for a convenient city lifestyle while still enjoying a residential neighborhood. Apartment Features: - 1 Bedroom - 1 Bathroom - Spacious kitchen with ample cabinetry - Convenient location near Washington Park - Close to downtown Albany and nearby amenities - Great location for commuters, professionals Come see it for yourself, schedule a tour today, and experience what makes this space truly special. Contact us at 949-DIAMOND (342-6663) or send us an email to **** to learn more! |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Building details
Property details
| Units | 5 |
|---|
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About 108 South Lake
Welcome home to this spacious 1-bedroom, 1-bathroom apartment offering approximately 700 sq. ft. of living space in one of Albany’s desirable residential areas. The apartment features a generously sized living area, a functional kitchen with plenty of cabinet space, and classic character throughout. Location is a major highlight! Enjoy being close to Washington Park, a popular Albany destination offering green space, walking paths, recreational facilities, seasonal events, and more. You'll also be conveniently located near downtown Albany, local restaurants, shops, entertainment, and major employers, making this a great option for anyone looking for a convenient city lifestyle while still enjoying a residential neighborhood. Apartment Features: - 1 Bedroom - 1 Bathroom - Spacious kitchen with ample cabinetry - Convenient location near Washington Park - Close to downtown Albany and nearby amenities - Great location for commuters, professionals Come see it for yourself, schedule a tour today, and experience what makes this space truly special. Contact us at 949-DIAMOND (342-6663) or send us an email to **** to learn more!
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.1
/10
Very GoodWith a solid 8.1 out of 10 overall, 108 South Lake is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 108 South Lake has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
108 South Lake stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 108 South Lake is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
108 South Lake is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 108 South Lake does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.
108 South Lake is great for:
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 108 South Lake compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Greater distance from high schools
- The nearest high school is farther than 1 mile away
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Rent trends in Park South
1-bedroom apartments at 108 South Lake cost about 11% more than the average rent price for 1-bedroom apartments in Park South.
Median rents as of Aug 22 2026.
Park South
Albany
| Month | Median Rent |
|---|---|
| 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 | $1,222 |
| October 2025 | $1,183 |
| November 2025 | $1,226 |
| December 2025 | $1,170 |
| January 2026 | $1,201 |
| February 2026 | $1,203 |
| March 2026 | $1,209 |
| April 2026 | $1,237 |
| May 2026 | $1,250 |
| June 2026 | $1,254 |
| July 2026 | $1,278 |
| August 2026 | $1,282 |
| Month | Median Rent |
|---|---|
| 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 | $1,515 |
| October 2025 | $1,525 |
| November 2025 | $1,525 |
Affordability calculator
Can I afford to live at 108 S Lake Ave?
Bedrooms
1 bedroomRent-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
$58,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $58,000 annually to afford this 1-bedroom monthly rent price of $1,450.
For more information on rent affordability, visit our rent calculator.
Schools near 108 South Lake
Sheridan Preparatory Academy
400 sheridan ave
albany, NY, 12206
PK, K-5Public
C
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
Pine Hills Elementary School
41 n allen st
albany, NY, 12203
PK, K-5Public
C+
Delaware Community School
43 bertha st
albany, NY, 12209
PK, K-5Public
C
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Internet available near 108 South Lake
Getting around Albany near 108 S Lake Ave
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
7/10
Popular public transit options are just a short walk from this location.
Points of interest for 108 S Lake Ave, Albany
Groceries
9/10
Wide variety of groceries within a few minutes' walk
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
8/10
At least one elementary school within a 15-minute walk
High schools
6/10
At least one high school within a 15-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
Explore the area around 108 S Lake Ave
212 Marketplace
212 Quail St
Elhariri Hot Food
301 Ontario St
Dharam Management LLC
247 New Scotland Ave
Miami Market LLC
515 Washington Ave
Sainatos Market LLC
423 Quail St
Galls Albany
230 Central Ave
NY Gear
167 Central Ave
Rahul Imports
127 Central Ave
Zakia Boutique LLC
303 Central Ave
GreatFinds Women's Thrift Boutique
260 Washington Ave
Iron Coffee
811 Madison Ave
Dunkin'
43 New Scotland Ave
3Fish Cafe
466 Madison Ave
Mr Bumbles Cafe
263 New Scotland Ave
Dunkin'
439 Madison Ave
Buffalo Wild Wings GO
33 New Scotland Ave
Recovery Sports Grill
62 New Scotland Ave
Tre Friends LLC
250 Western Ave
Recovery Room Sports Grill
62 New Scotland Ave
Graney's Bar & Grill
275 New Scotland Ave
Ballistic Shrimp
452 Madison Ave
Medina Halal Market
286 Central Ave
Ragonese Italian Imports
409 New Scotland Ave
Rustic Gourmet
138 Washington Ave
Great Exbaketations Bakery
Playground
Madison Park
Memorial Grove
Washington Park
Morris Street Park
Moliendo
791 Madison Ave
Creekside New Scotland LLC
799 Madison Ave
Viva Cinco De Mayo
809 Madison Ave
Subway
43 New Scotland Ave
Dunkin'
43 New Scotland Ave
Madison Ave / S. Lake St
Madison Ave. - Washington Ave., Mid Town Shuttle
Madison Ave / S. Lake Ave
Mid Town Shuttle, Madison Ave / Western Ave, Madison Ave. - Washington Ave., Delaware Shuttle
Quail St / Morris St
Mid City Belt, Albany Shuttle, Mid Town Shuttle, North Albany Shuttle
Quail St / Morris St
Mid City Belt, North Albany Shuttle, Mid Town Shuttle, Albany Shuttle
Quail St / Madison Ave
Mid City Belt, Mid Town Shuttle, North Albany Shuttle, Albany Shuttle
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