Zumper
modified
5 Hours Ago

Highlights

  • Pet Friendly
  • Hardwood floors
  • Modern convenience
  • Large windows
  • Heat / hot water included
  • High ceilings
  • Updated 1 bedroom / 1 bath apartment

Location

294 State St, Albany, NY 12210, USA|Center Square
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Contact

Management

LINCOLN HOUSE REALTY LLC

Leasing office

(518) 285-0679

Property Overview

294 State Street receives a strong Zumper expert rating of 8.3, reflecting its competitive pricing and excellent amenities, including hardwood floors, large windows, and high ceilings. This property ranks in the top percentile for value, supported by its prime location with easy access to parks, restaurants, and cultural venues, enhancing both social and wellness opportunities for residents. Additionally, its trustworthiness score of 7 underscores the transparency and thoroughness of its property management.

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, 294 State Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 294 State Street 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

  • Less expensive

Great for

  • Social life
  • Wellness
  • Pet owners

Floor plans

1BR/1.0BA1 bed1 bath$1,100 /mo1 unit availableWelcome to 294 State Street street, an updated 1 Bedroom / 1 Bath apartment that combines historic charm with modern convenience. Located directly across from the Empire State Plaza within Albany's historic center square. Pets are welcome with an additional fee. Features include • Hardwood floors, high ceilings, and large windows • Heat / Hot Water included • Pet-friendly (fee applies) Rent is $1,100 per month. A one-year lease is required. First month’s rent and security deposit due at signing. For more information or to schedule a showing, contact Brett at 518.285.0679.

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Amenities for 294 State Street

Apartment Amenities

Central HeatHeating
Hot Water

Building

Cats OKDogs OK
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

Units2
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About 294 State Street

HomeApartments in AlbanyCenter Square 294 State Street

Welcome to 294 State Street street, an updated 1 Bedroom / 1 Bath apartment that combines historic charm with modern convenience. Located directly across from the Empire State Plaza within Albany's historic center square. Pets are welcome with an additional fee. Features include • Hardwood floors, high ceilings, and large windows • Heat / Hot Water included • Pet-friendly (fee applies) Rent is $1,100 per month. A one-year lease is required. First month’s rent and security deposit due at signing. For more information or to schedule a showing, contact Brett at 518.285.0679.


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, 294 State Street is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 294 State Street 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 294 State Street
Price·10A 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.
294 State Street offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A 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.
With multiple in-demand amenities, 294 State Street is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
294 State Street 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 294 State Street does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A 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.
294 State Street provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

294 State Street is great for:

Social life

  • 276 restaurants within 1 mile of this property
  • 74 museums, art galleries, or cultural centers within 1 mile
  • Area has 42 parks and recreation options
  • 25 theaters, music venues, or sports arenas nearby

Wellness

  • Ample windows and natural lighting
  • HVAC systems available onsite
  • 42 parks nearby
  • 6 health/wellness centers nearby

Pet owners

  • 2 dog parks within 1 mile
  • 3 pet hospitals in the area
  • 2 pet supply stores near the property

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 294 State Street compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby

Considerations

Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Center Square

1-bedroom apartments at 294 State Street cost about 19% less than the average rent price for 1-bedroom apartments in Center Square.

Median rents as of Feb 7 2026.
Center Square
Albany
A table of studio rental data trends in Albany
MonthMedian Rent
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$1,245
September 2025$1,222
October 2025$1,183
November 2025$1,226
December 2025$1,170
January 2026$1,201
February 2026$1,202
A table of studio rental data trends in Center Square
MonthMedian Rent
June 2024$1,000
July 2024$1,044
August 2024$1,047
September 2024$1,016
October 2024$1,008
November 2024$1,020
March 2025$1,106
May 2025$1,050
June 2025$1,088
July 2025$1,110
August 2025$1,173
September 2025$1,200
October 2025$1,277
November 2025$1,190
December 2025$1,100
January 2026$1,113
February 2026$1,194

Affordability calculator

Can I afford to live at 294 State St?

Bedrooms

1 bedroom

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

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this 1-bedroom monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near 294 State Street

Sheridan Preparatory Academy

400 sheridan ave

albany, NY, 12206

PK, K-5Public
C

Arbor Hill Elementary School

1 arbor dr

albany, NY, 12207

PK, K-5Public
C

Giffen Memorial Elementary School

274 s pearl st

albany, NY, 12202

PK, K-5Public
C

Philip J. Schuyler Achievement Academy

676 clinton ave

albany, NY, 12206

PK, K-5Public
C

Delaware Community School

43 bertha st

albany, NY, 12209

PK, K-5Public
C
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Getting around Albany near 294 State St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

6/10
This area is accessible to thoroughfares and has ample parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.

Points of interest for 294 State St, Albany

Groceries

9/10
At least one supermarket within a 10-minute walk

Shopping

3/10
Some 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

8/10
At least one elementary school within a 15-minute walk

High schools

8/10
At least one high school within a 15-minute walk

Parks

8/10
Very large amount of park space within a few minutes' walk

Nightlife

8/10
Several bars within a few minutes’ walk

Explore the area around 294 State St

Lark Central Market
218 Lark St
Logan's Deli & Market
100 S Mall Arterial
Market 32 By Price Chopper
40 Delaware Ave
L B Groceries
62 Robin
Albany NY Supermarket Inc
184 Henry Johnson Blvd

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