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- Local parks
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248 Sherman St is a highly rated, competitively priced property with an overall expert score of 8.9/10, including perfect marks for amenities and strong ratings for location, quality, and trustworthiness. Its convenient access to top-rated schools, abundant nearby restaurants, mixed-use spaces, and local event hubs, along with proximity to local parks and a mix of age groups in the area, makes it an appealing option for professionals and those seeking an active social life.
Things you’ll love
Great for
| 2BR/1.5BA | 2 bed | 1.5 bath | $1,500 /mo | 1 unit available | Welcome to 248 Sherman, a property of modern, spacious units in downtown Albany. Located just minutes from Albany’s major universities like SUNY Albany and local parks, this property is perfect for students, professionals, or families. Enjoy easy access to popular dining, shopping, and entertainment, along with convenient public transportation and major roadways. Interested in scheduling a time to tour this unit? Give us a call or text at 518-463-1915. To view our other available units go to https www albanymanagementgroup com vacancies Water, sewer and trash are included in the rental amount, resident pays utilities (gas/electric). *An application PER RESIDENT is required. The application fee covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1st month rent and one month security deposit is required for move in.* |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Central Air |
| Full Size Washer/Dryer in Unit |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Oven |
| Range | Refrigerator |
| Stove/Oven |
Building
| Water/Sewer |
Services
| Trash Removal |
One-time.
One-time. Refundable.
| Units | 7 |
|---|
Welcome to 248 Sherman, a property of modern, spacious units in downtown Albany. Located just minutes from Albany’s major universities like SUNY Albany and local parks, this property is perfect for students, professionals, or families. Enjoy easy access to popular dining, shopping, and entertainment, along with convenient public transportation and major roadways. Interested in scheduling a time to tour this unit? Give us a call or text at 518-463-1915. To view our other available units go to https www albanymanagementgroup com vacancies Water, sewer and trash are included in the rental amount, resident pays utilities (gas/electric). *An application PER RESIDENT is required. The application fee covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1st month rent and one month security deposit is required for move in.*
How 248 Sherman St compares to other nearby properties.
Positives
Considerations
2-bedroom apartments at 248 Sherman St cost about 20% more than the average rent price for 2-bedroom apartments in West Hill.
| Month | Median Rent |
|---|---|
| May 2024 | $1,275 |
| June 2024 | $1,250 |
| 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 | $1,391 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,131 |
| June 2024 | $1,131 |
| July 2024 | $1,131 |
| August 2024 | $1,131 |
| September 2024 | $1,000 |
| January 2025 | $1,098 |
| February 2025 | $1,131 |
| March 2025 | $1,131 |
| May 2025 | $1,115 |
| June 2025 | $1,119 |
| July 2025 | $1,125 |
| August 2025 | $1,112 |
| September 2025 | $1,000 |
| October 2025 | $1,025 |
| November 2025 | $1,096 |
| December 2025 | $1,104 |
| January 2026 | $1,115 |
| February 2026 | $1,117 |
| March 2026 | $1,119 |
| April 2026 | $1,110 |
Can I afford to live at 248 Sherman St?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$60,000/yr
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