Zumper
modified
23 Hours Ago

Highlights

  • Pet Friendly
  • Stainless steel appliances
  • Modern finishes
  • Large windows
  • High speed internet
  • Keyless entry system
  • Own washer/dryer

Location

538 Madison Ave, Albany, NY 12208, USA|Park South
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Contact

Management

Blue House Companies LLC

Leasing office

(518) 290-7611

Property Overview

Reserves on Washington Park presents an overall strong appeal with a Zumper expert rating of 8.3 out of 10, highlighted by excellent pricing and outstanding amenities, both rated 9 out of 10. The property features modern finishes and high-speed internet, making it ideal for those working from home. Additionally, its prime location offers easy access to a wealth of recreational and social opportunities, ensuring a vibrant lifestyle for residents.

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.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Reserves on Washington Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Reserves on Washington Park has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby
  • Dishwasher

Great for

  • Work-from-home
  • Wellness
  • Social life

Floor plans

2BR/1.0BA2 bed1 bath700 sqft$1,750 /mo1 unit available538 Madison Garden level offers 2 bedrooms with modern finishes, stainless steel appliances, large windows drenching the rooms in natural light and overlooking beautiful Washington Park. These apartments are walking distance to Albany Medical Center, Albany Law School, Shops/Restaurants on Lark Street and Downtown Albany. Every apartment has it's own washer/dryer, pre wired for high speed internet and cable which is conveniently offered through the building at a lower than market rate! The buildings are highly secured and offer a keyless entry system and video intercoms! Tenant pays all utilities (owner provides water/sewer & trash removal) Security Deposit: $750.00 (admin fee) Application Fee: $20 Pets Welcome upon management approval: $30 monthly pet rent and $250 non refundable pet deposit. With management approval.

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Amenities for Reserves on Washington Park

Apartment Amenities

DryerWater

Appliances

DishwasherIn-Unit Laundry
MicrowaveRange
RefrigeratorStove

Building

Cats OKDogs OK
Sewer

Services

Garbage
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Dog policy

Allowed 
Limit1

Cat policy

Allowed 
Limit1
Building details

Property details

Units3
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About Reserves on Washington Park

HomeApartments in AlbanyPark South Reserves on Washington Park

538 Madison Garden level offers 2 bedrooms with modern finishes, stainless steel appliances, large windows drenching the rooms in natural light and overlooking beautiful Washington Park. These apartments are walking distance to Albany Medical Center, Albany Law School, Shops/Restaurants on Lark Street and Downtown Albany. Every apartment has it's own washer/dryer, pre wired for high speed internet and cable which is conveniently offered through the building at a lower than market rate! The buildings are highly secured and offer a keyless entry system and video intercoms! Tenant pays all utilities (owner provides water/sewer & trash removal) Security Deposit: $750.00 (admin fee) Application Fee: $20 Pets Welcome upon management approval: $30 monthly pet rent and $250 non refundable pet deposit. With management approval.


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Reserves on Washington Park is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Reserves on Washington Park has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Reserves on Washington Park
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.
Reserves on Washington Park 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·9A 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.
Reserves on Washington Park goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Reserves on Washington Park receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Reserves on Washington Park 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 Reserves on Washington Park 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.

Reserves on Washington Park is great for:

Work-from-home

  • High speed internet is an amenity
  • Large windows for natural lighting
  • 2 internet service provider options nearby
  • 1 office supply store within 1 mile

Wellness

  • Ample windows and natural lighting
  • 6 farmers markets or health food stores nearby
  • There are 47 grocery stores within 1 mile
  • 15 sports facilities (like tennis courts) nearby

Social life

  • 195 restaurants within 1 mile of this property
  • 214 mixed-use spaces nearby
  • 57 museums, art galleries, or cultural centers within 1 mile
  • 23 local event hubs within 1 mile

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 Reserves on Washington Park compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.4 mile away
Dishwasher
Dishwasher available in kitchen

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Park South

2-bedroom apartments at Reserves on Washington Park cost about 17% more than the average rent price for 2-bedroom apartments in Park South.

Median rents as of Aug 30 2025.
Park South
Albany
A table of studio rental data trends in Albany
MonthMedian Rent
September 2023$1,071
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$1,240
A table of studio rental data trends in Park South
MonthMedian Rent
September 2023$862
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$1,562

Affordability calculator

Can I afford to live at 538 Madison Ave?

Bedrooms

2 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

$70,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $70,000 annually to afford this 2-bedrooms monthly rent price of $1,750.
For more information on rent affordability, visit our rent calculator.

Schools near Reserves on Washington Park

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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Internet available near Reserves on Washington Park

Getting around Albany near 538 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 538 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 538 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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