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540 Madison Ave features modern finishes, stainless steel appliances, large windows, a keyless entry system, and a private courtyard. With a strong Zumper expert rating and 20 photos available, prospective renters can easily assess the property. It is ideal for pet lovers, social enthusiasts, and remote workers, thanks to nearby pet facilities, numerous local event hubs, cultural attractions, and essential amenities.
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Pet owners| 1BR/1.0BA | 1 bed | 1 bath | 760 sqft | $1,650 /mo | 1 unit available | Beautiful and Historic remodel just completed! 540 Madison Rear apartments offer 1 bedroom layouts 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! All residents have access to our private and secure courtyard behind the building. Tenant pays all utilities (owner provides water/sewer & trash removal) Nonrefundable Administrative Fee: $750.00 (due upon signing of lease) Application Fee: $20 Pets OK! $30 each per approved pet, per month. nonrefundable pet fee of $250 |
Let's explore this property.
Building
| Cats OK | Dogs OK |
Services
| Water, Sewer & Trash |
| Allowed | |
|---|---|
| Limit | 1 |
| Allowed | |
|---|---|
| Limit | 1 |
| Units | 7 |
|---|
Beautiful and Historic remodel just completed! 540 Madison Rear apartments offer 1 bedroom layouts 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! All residents have access to our private and secure courtyard behind the building. Tenant pays all utilities (owner provides water/sewer & trash removal) Nonrefundable Administrative Fee: $750.00 (due upon signing of lease) Application Fee: $20 Pets OK! $30 each per approved pet, per month. nonrefundable pet fee of $250
How 540 Madison Ave compares to other nearby properties.
Positives
1-bedroom apartments at 540 Madison Ave cost about the same as the average rent price for 1-bedroom apartments in Park South.
| Month | Median 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 |
| Month | Median 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 |
Can I afford to live at 540 Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$66,000/yr
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