Updated 8 Hours Ago
Highlights
Pet Friendly
- Hardwood floors
- Designer finishes
- Top-quality appliances
Location
123 N Lake Ave, Albany, NY 12206, USA|West Hill
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Property Overview
123 N. Lake stands out with an excellent Zumper expert rating of 8.6, reflecting its competitive pricing, remarkable amenities, and prime location, each rated 9 or above. Its notable features, including hardwood floors and top-quality appliances, enhance its appeal, while nearby resources like schools, pet services, and a vibrant social scene further enrich the living experience. Additionally, a trustworthiness rating of 8 indicates transparency in property management, assuring prospective renters of a reliable choice.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- Middle school nearby
- Dishwasher
Great for
Pet owners
Social life
Floor plans
| 2BR/1.0BA | 2 bed | 1 bath | 798 sqft | $1,200 /mo | 1 unit available | Affordable, spacious and BRAND NEW newly constructed apartment is available for lease now in the Historic Arbor Hill Neighborhood. These units are a MUST SEE. Top-quality stainless-steel appliances, hardwood floors, designer finishes, and a great location make this an ideal apartment. Water, sewer, and trash are included in the rent, tenants pay gas/electric/ wifi and air conditioning. Washer & dryer are located within the building Application is required. One-year lease, 1-month rent plus security deposit required to move in. We are currently accepting Section 8 for this unit. Ask us about our friendly pet policy! YOU MUST INCOME QUALIFY Maximum Household Income (Can't Not Exceed These Amounts) 1 Person: $65,050 2 Person: $74,350 3 Person: $83,650 4 Person: $92,900 5 Person: $100,350 Please check out albanymanagementgroup. com for an application. Attach photo id and a month of your most recent paystubs. Call 518-463-1915 x1 for more info. |
Let's explore this property.
Amenities for 123 N. Lake
Apartment Amenities
| Water |
Appliances
| Dishwasher | Fridge |
| In-Unit Laundry | Microwave |
| Oven | Range |
| Refrigerator | Stove/Oven |
| Washer and Dryer |
Building
| Cats OK | Dogs OK |
| Sewer |
Services
| Trash Removal |
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
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Allowed
Limit1
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
About 123 N. Lake
Affordable, spacious and BRAND NEW newly constructed apartment is available for lease now in the Historic Arbor Hill Neighborhood. These units are a MUST SEE. Top-quality stainless-steel appliances, hardwood floors, designer finishes, and a great location make this an ideal apartment. Water, sewer, and trash are included in the rent, tenants pay gas/electric/ wifi and air conditioning. Washer & dryer are located within the building Application is required. One-year lease, 1-month rent plus security deposit required to move in. We are currently accepting Section 8 for this unit. Ask us about our friendly pet policy! YOU MUST INCOME QUALIFY Maximum Household Income (Can't Not Exceed These Amounts) 1 Person: $40,200 2 Person: $45,900 3 Person: $51,660 4 Person: $66,920 5 Person: $72,310 Please check out albanymanagementgroup. com for more information about the unit or give us a call at (518)463-1915 to schedule a showing.
123 N. 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 123 N. Lake compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 miles away
- Middle school nearby
- There is a middle school 0.7 miles away
- Dishwasher
- Dishwasher available in kitchen
- Eco-friendly trash disposal
- This property has recycling pickup
Considerations
- Lacks images
- Fewer than 5 photos available for this property
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Rent trends in West Hill
2-bedroom apartments at 123 N. Lake cost about 4% less than the average rent price for 2-bedroom apartments in West Hill.
Median rents as of Oct 24 2026.
West Hill
Albany
| Month | Median Rent |
|---|---|
| November 2024 | $1,310 |
| 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 | $1,392 |
| May 2026 | $1,355 |
| June 2026 | $1,357 |
| July 2026 | $1,350 |
| August 2026 | $1,332 |
| September 2026 | $1,300 |
| October 2026 | $1,349 |
| Month | Median Rent |
|---|---|
| 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 | $1,108 |
| May 2026 | $1,103 |
| June 2026 | $1,091 |
| July 2026 | $1,087 |
| August 2026 | $1,049 |
| September 2026 | $1,128 |
| October 2026 | $1,175 |
Affordability calculator
Can I afford to live at 123 N Lake Ave?
Bedrooms
2 bedroomsRent-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
$48,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $48,000 annually to afford this 2-bedrooms monthly rent price of $1,200.
For more information on rent affordability, visit our rent calculator.
Schools near 123 N. Lake
Sheridan Preparatory Academy
400 sheridan ave
albany, NY, 12206
PK, K-5Public
C
Philip J. Schuyler Achievement Academy
676 clinton ave
albany, NY, 12206
PK, K-5Public
C
Arbor Hill Elementary School
1 arbor dr
albany, NY, 12207
PK, K-5Public
C
Pine Hills Elementary School
41 n allen st
albany, NY, 12203
PK, K-5Public
C+
New Scotland Elementary School
385 new scotland ave
albany, NY, 12208
PK, K-5Public
B
Getting around Albany near 123 N Lake Ave
Walking
8/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is close to freeways and has adequate parking options.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
8/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 123 N Lake Ave, Albany
Groceries
9/10
At least one grocery store within a few minutes' walk
Shopping
5/10
Some shops within walking distance
Cafes
4/10
Few or no cafés within walking distance
Restaurants
7/10
Variety of restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Moderate amount of park space nearby
Nightlife
4/10
Some bars within walking distance
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