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Lofts @ Spruce receives a strong Zumper expert rating of 9.2, showcasing its appeal to renters with its excellent price-to-value ratio, impressive amenities, and prime location. Notable features such as a rooftop patio, stainless steel appliances, and in-unit laundry enhance its desirability, while the vibrant neighborhood supports an active social life and wellness opportunities with proximity to schools, parks, and fitness facilities. The property is designed for an elevated standard of living, offering transparency and trustworthiness that renters value.
Things you’ll love
Elementary school nearbyMiddle school nearbyPet friendlyGreat for
Work-from-home
Social life
Wellness| 1BR/1.0BA | 1 bed | 1 bath | 570 sqft | $1,200 /mo | 1 unit available | The 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. 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. |
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Building
| Cats OK | Dogs OK |
One-time.
One-time. Refundable.
Questions about this property’s policies and fees?
| Units | 38 |
|---|
The 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. 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.
How Lofts @ Spruce compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at Lofts @ Spruce cost about 4% less than the average rent price for 1-bedroom apartments in Sheridan Hollow.
| Month | Median Rent |
|---|---|
| March 2024 | $1,200 |
| 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 |
| March 2026 | $1,311 |
| Month | Median Rent |
|---|---|
| March 2024 | $1,300 |
| 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 |
| November 2025 | $1,055 |
| December 2025 | $1,050 |
| January 2026 | $1,071 |
| February 2026 | $1,068 |
| March 2026 | $1,250 |
Can I afford to live at 242 Spruce St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$48,000/yr
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