Zumper
modified
17 Hours Ago

Highlights

  • Pet Friendly
  • Parking lot
  • Stainless steel appliances
  • In-unit washer/dryer
  • Rooftop patio
  • Pet friendly community

Location

242 Spruce St, Albany, NY 12210, USA|Sheridan Hollow
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour Lofts @ Spruce

Contact

Management

Albany Management Group

Leasing office

(518) 463-1915

Property Overview

Lofts @ Spruce is rated highly with an overall Zumper rating of 8.9, reflecting its exceptional amenities and strategic location. The property features sought-after amenities such as a rooftop patio, stainless steel appliances, and a pet-friendly environment, while also offering competitive pricing and transparency in its management. It's particularly appealing for those interested in fitness, social opportunities, and remote work options, making it a versatile choice for diverse lifestyles.

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

8.9
Very Good
With a solid 8.9 out of 10 overall, Lofts @ Spruce is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Lofts @ Spruce 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

  • Elementary school nearby
  • More space
  • Middle school nearby

Great for

  • Wellness
  • Social life
  • Work-from-home

Floor plans

1BR/2.0BA1 bed2 bath1,220+ sqft$1,500–$1,550 /mo2 units availableThe Lofts @ Spruce is a charming community with 38 apartments. Located Steps away from Lark Street. Conveniently located minutes from The Egg, Empire State Plaza, New York State Museum, Washington Park, Albany Medical Ctr, etc. Floor Plans vary per apartment. Apartment Features: Stainless steel appliances, Washer/dryer in unit Modern kitchen Dishwasher Shared Gym Rooftop Patio Community Amenities: Easy Access to Freeway and Shopping Access to Public Transportation Water, sewer and trash are included in the rent, tenants pay utilities (gas, electric, and internet) There is a parking lot for tenants at an additional monthly cost. An application PER RESIDENT is required which covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1 month rent and security deposit required to move in. Parking Permit option for residents. $75 per month. Pets Friendly!!! Non-refundable pet security deposit of $250. There is a $25 monthly pet rent per animal. No more than 1 pet per unit. No Breed Restrictions but the pet is required to be interviewed.
2BR/2.0BA2 bed2 bath1,390 sqft$1,700 /mo1 unit availableWelcome to the Lofts @ Spruce, a charming community of 38 units located steps from Lark St and Washington Park with easy access to main roads and entertainment. With a variety of floor plans available, there’s an option to fit your needs! Apartment Features: -Stainless steel appliances -In-unit washer/dryer Community Amenities: -Convenient Access to Freeway and Shopping -Access to Public Transportation -Community Gym -Rooftop Patio -Pet Friendly Community Interested in scheduling a time to tour this unit? Give us a call or text at 518-463-1915. To view our other available units go to https www albanymanagementgroup com vacancies Water, sewer and trash are included in the rental amount, tenants pay utilities (gas, electric, and internet) There is a parking lot for tenants at an additional monthly cost. *An application PER RESIDENT is required which covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1 month rent and security deposit required to move in.*

Let's explore this property.

Amenities for Lofts @ Spruce

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

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units38
Advertisement

About Lofts @ Spruce

HomeApartments in AlbanySheridan Hollow Lofts @ Spruce

Welcome to the Lofts @ Spruce, a charming community of 38 units located steps from Lark St and Washington Park with easy access to main roads and entertainment. With a variety of floor plans available, there’s an option to fit your needs! Apartment Features: -Stainless steel appliances -In-unit washer/dryer Community Amenities: -Convenient Access to Freeway and Shopping -Access to Public Transportation -Community Gym -Rooftop Patio -Pet Friendly Community Interested in scheduling a time to tour this unit? Give us a call or text at 518-463-1915. To view our other available units go to https www albanymanagementgroup com vacancies Water, sewer and trash are included in the rental amount, tenants pay utilities (gas, electric, and internet) There is a parking lot for tenants at an additional monthly cost. *An application PER RESIDENT is required which covers processing, criminal background and/or credit check; Guarantor approval may be needed for individuals with poor/insufficient credit. One-year lease, 1 month rent and security deposit required to move in.*


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.
8.9
/10
Very Good
With a solid 8.9 out of 10 overall, Lofts @ Spruce is a great option for renters. While some aspects, like Trustworthiness, might not be as distinguished as other properties nearby, Lofts @ Spruce 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 Lofts @ Spruce
Price·9A 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.
Lofts @ Spruce stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·9A 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.
Lofts @ Spruce goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Lofts @ Spruce receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Lofts @ Spruce 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·9A 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.
Lofts @ Spruce has a few standout characteristics that set it apart from similar properties nearby. Having both verified status and features that cater to discerning renters, this is a great option for renters looking for a specific and exceptional lifestyle.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Lofts @ Spruce is great for:

Wellness

  • On-site fitness center or gym
  • There are 46 grocery stores within 1 mile
  • 7 health/wellness centers nearby
  • 35 parks nearby

Social life

  • 295 restaurants within 1 mile of this property
  • 27 local event hubs within 1 mile
  • 268 mixed-use spaces nearby
  • Diverse age groups live in this area

Work-from-home

  • High speed internet is an amenity
  • 2 coworking spaces or cafes within 1 mile
  • 2 internet service provider options nearby
  • 2 office supply stores within 1 mile

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 Lofts @ Spruce compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.2 mile away
More space
The 1-bedroom is 592 sqft larger than other listings nearby
More space
The 2-bedroom is 465 sqft larger than other listings nearby
Middle school nearby
There is a middle school 0.3 mile away
Images Available
There are at least 10 photos of this address

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Sheridan Hollow

1-bedroom apartments here are priced 43% higher than 1-bedrooms in Sheridan Hollow.

If you decide to upgrade your space, you can expect 2-bedrooms at Lofts @ Spruce to be 18% more than the average for similarly sized apartments in Sheridan Hollow.

Median rents as of Oct 25 2025.
Sheridan Hollow
Albany
A table of 1-bedroom apartment rental data trends in Albany
MonthMedian Rent
November 2023$1,203
December 2023$1,242
January 2024$1,300
February 2024$1,275
March 2024$1,254
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
A table of 1-bedroom apartment rental data trends in Sheridan Hollow
MonthMedian Rent
November 2023$1,408
December 2023$1,347
January 2024$1,379
February 2024$1,237
March 2024$1,295
April 2024$1,300
June 2024$1,000
July 2024$1,062
August 2024$1,500
September 2024$1,025
October 2024$1,103
November 2024$1,260
December 2024$1,500
January 2025$1,166
February 2025$1,281
March 2025$1,000
April 2025$1,300
May 2025$1,194
June 2025$1,180
July 2025$1,239
August 2025$1,230
September 2025$1,204
October 2025$1,057

Affordability calculator

Can I afford to live at 242 Spruce St?

Bedrooms

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

$60,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $60,000 annually to afford this 1-bedroom monthly rent price of $1,500.
For more information on rent affordability, visit our rent calculator.

Schools near Lofts @ Spruce

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

Philip J. Schuyler Achievement Academy

676 clinton ave

albany, NY, 12206

PK, K-5Public
C

Giffen Memorial Elementary School

274 s pearl st

albany, NY, 12202

PK, K-5Public
C

Delaware Community School

43 bertha st

albany, NY, 12209

PK, K-5Public
C
Powered byniche.com
Advertisement

Internet available near Lofts @ Spruce

Getting around Albany near 242 Spruce St

Walking

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

Driving

6/10
This area is close to freeways and has adequate 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 242 Spruce St, Albany

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

Primary schools

9/10
At least one elementary school within a 10-minute walk

High schools

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

Parks

8/10
Large amount of park space nearby

Nightlife

5/10
Some bars within walking distance

Compare similar properties nearby

featured image of 23 Lake Shore Dr

Lake Shore Park Apartments

Our team has verified this company

23 Lake Shore Dr

1–3 Beds

$1,460–$2,130

cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 471 Fulton Street

The Fulton

Our team has verified this company

471 Fulton Street

Studio–2 Beds

$1,175–$1,800

cats ok
No
fitness center
No
on-site laundry
No
featured image of 31 Pollock Rd

Mountain View Terrace Apartments

Our team has verified this company

31 Pollock Rd

1–2 Beds

$1,400–$1,870

cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 467 Fulton Street

The Fulton

Our team has verified this company

467 Fulton Street

Studio

$1,150

cats ok
No
fitness center
No
on-site laundry
No
featured image of 6601 Oak Hill Cir

Eagle Rock Apartments & Townhomes at Rensselaer

Our team has verified this company

6601 Oak Hill Cir

1–3 Beds

$1,730–$2,420

cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 101 Steuben Dr

Heritage Village Apartments

Our team has verified this company

101 Steuben Dr

1–2 Beds

$1,441–$2,046

cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 15-25, Forrest Dr

15-25, Forrest Dr, East Greenbush, NY, 12144

15-25, Forrest Dr

2 Beds

$1,500

cats ok
No
fitness center
No
on-site laundry
No
featured image of 86 Dana Ave #210

86 Dana Ave #210, Albany, NY, 12208

Park South • 86 Dana Ave #210

1 Bed

$1,600

cats ok
Yes
fitness center
No
on-site laundry
No
featured image of 23 Lake Shore Dr

Lake Shore Park Apartments

Our team has verified this company

23 Lake Shore Dr

1–3 Beds

$1,460–$2,130

cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 471 Fulton Street

The Fulton

Our team has verified this company

471 Fulton Street

Studio–2 Beds

$1,175–$1,800

cats ok
No
fitness center
No
on-site laundry
No
featured image of 31 Pollock Rd

Mountain View Terrace Apartments

Our team has verified this company

31 Pollock Rd

1–2 Beds

$1,400–$1,870

cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 467 Fulton Street

The Fulton

Our team has verified this company

467 Fulton Street

Studio

$1,150

cats ok
No
fitness center
No
on-site laundry
No
featured image of 6601 Oak Hill Cir

Eagle Rock Apartments & Townhomes at Rensselaer

Our team has verified this company

6601 Oak Hill Cir

1–3 Beds

$1,730–$2,420

cats ok
Yes
fitness center
Yes
on-site laundry
No
featured image of 101 Steuben Dr

Heritage Village Apartments

Our team has verified this company

101 Steuben Dr

1–2 Beds

$1,441–$2,046

cats ok
Yes
fitness center
Yes
on-site laundry
Yes
featured image of 15-25, Forrest Dr

15-25, Forrest Dr, East Greenbush, NY, 12144

15-25, Forrest Dr

2 Beds

$1,500

cats ok
No
fitness center
No
on-site laundry
No
featured image of 86 Dana Ave #210

86 Dana Ave #210, Albany, NY, 12208

Park South • 86 Dana Ave #210

1 Bed

$1,600

cats ok
Yes
fitness center
No
on-site laundry
No

Check availability

Full name*
Move-in date
Floor plan
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Lofts @ Spruce.