1 Day 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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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: $40,200 2 Person: $45,900 3 Person: $51,660 4 Person: $66,920 5 Person: $72,310 Please check out albanymanagementgroup. com for a FREE application. Attach photo id and a month of your most recent paystubs. Call 518-463-1915 x1 for more info. |
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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 |
|---|
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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.
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
- Dishwasher
- Dishwasher available in kitchen
Considerations
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in West Hill
2-bedroom apartments at 123 N. Lake cost about 14% less than the average rent price for 2-bedroom apartments in West Hill.
Median rents as of Feb 28 2026.
West Hill
Albany
| Month | Median Rent |
|---|---|
| March 2024 | $1,241 |
| April 2024 | $1,215 |
| 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 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,098 |
| April 2024 | $1,127 |
| 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 |
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
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Internet available near 123 N. Lake
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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