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540 Madison Ave is rated highly overall, with strong scores for price, amenities, location, quality, and trustworthiness, reflecting a well-rounded property with competitive value and a polished living experience. It features stainless steel appliances, modern finishes, large windows, keyless entry, and an in-home washer/dryer, while also standing out for work-from-home convenience, pet-related access, social opportunities, and fitness and wellness access.
Things you’ll love
More spaceDishwasherEco-friendly trash disposalGreat for
Work-from-home
Social life
Wellness| 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 its own washer/dryer, prewired 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! No Security Deposit Pets are welcome for a monthly rent of $50 per pet (max two pets, 60lb. weight limit), and a one-time non-refundable pet fee of $250. All pets require management approval. |
Let's explore this property.
Apartment Amenities
| Air Conditioning | Breakfast Bar |
| Central Air |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range |
| Refrigerator | Stainless Steel Appliances |
| Stove | Washer and Dryer |
Tech
| Smart Intercom |
Building
| Cats OK | Dogs OK |
| Private Courtyard | Remote Entry |
| Security Cameras |
Grounds
| Outdoor Space |
Services
| Water, Sewer & Trash |
One-time.
Questions about this property’s policies and fees?
| 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 its own washer/dryer, prewired 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! No Security Deposit Pets are welcome for a monthly rent of $50 per pet (max two pets, 60lb. weight limit), and a one-time non-refundable pet fee of $250. All pets require management approval.
How 540 Madison Ave compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 540 Madison Ave cost about 23% more than the average rent price for 1-bedroom apartments in Park South.
| Month | Median Rent |
|---|---|
| November 2024 | $1,242 |
| 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 | $1,275 |
| September 2026 | $1,262 |
| October 2026 | $1,256 |
| Month | Median Rent |
|---|---|
| November 2024 | $975 |
| 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 |
Can I afford to live at 540 Madison Ave?
Bedrooms
1 bedroomRent-to-income ratio
30%
$66,000/yr
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63 Mansion Blvd
1–3 Beds
$1,889–$3,174
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.
100 Vandenburgh Pl
1–3 Beds
$1,610–$2,350
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.31 Pollock Rd
1–3 Beds
$1,755–$2,300
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.23 Lake Shore Dr
1–3 Beds
$1,350–$2,240
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Buckingham Lake - Crestwood • 357 Hackett Blvd
2 Beds
$1,710–$1,760
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.6601 Oak Hill Cir
1–3 Beds
$2,030–$2,550
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.471 Fulton Street
Studio
$1,175
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.467 Fulton Street
Studio
$1,175
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.63 Mansion Blvd
1–3 Beds
$1,889–$3,174
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.100 Vandenburgh Pl
1–3 Beds
$1,610–$2,350
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.31 Pollock Rd
1–3 Beds
$1,755–$2,300
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.23 Lake Shore Dr
1–3 Beds
$1,350–$2,240
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Buckingham Lake - Crestwood • 357 Hackett Blvd
2 Beds
$1,710–$1,760
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.6601 Oak Hill Cir
1–3 Beds
$2,030–$2,550
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.471 Fulton Street
Studio
$1,175
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.467 Fulton Street
Studio
$1,175
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
