Zumper
modified
22 Minutes Ago

Highlights

  • Heat and hot water included
  • Separate laundry room
  • Coin operated laundry

Location

255 State Street, Albany, New York 12210, United States|Central Avenue
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Contact

Management

Redway Property Management

Leasing office

(844) 334-7269 ext. 6810

Property Overview

255 State Street is a highly-rated property with an overall Zumper rating of 8.9 out of 10, delivering an exceptional balance between price and value. Residents benefit from included heat and hot water, a separate laundry room, and convenient coin-operated facilities. The property's prime location boasts proximity to numerous restaurants, cultural centers, and parks, while its impressive amenities contribute to a high quality of living, making it an attractive option for those seeking an engaging community environment.

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

9.2
Excellent
255 State Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.

Things you’ll love

  • Images Available

Great for

  • Social life

Floor plans

255 State Street - 4R1 bed1 bath$1,025 /moThis is a 1 bedroom, 1 bath unit in the heart of Albany, minutes from downtown and surrounded by amenities. Heat and hot water are included, and there are a coin operated washer and dryer in the basement. Rent/security $1025/month. Applications only accepted through Redway Property Management To schedule a showing at your earliest convenience: https app tenantturner com listings redwaypropertymanagement
255 State Street - B1 bed1 bath$1,050 /moThis is a recently renovated basement unit with 1 bedroom, 1 bath, loads of privacy, and exclusive access to the backyard area for this building. There are coin operated washer and dryer in the separate laundry room available for all tenants. Heat and hot water are included in the rent. No pets please. Rent/security $1050
255 State Street - 1F1 bed1 bath$1,200 /moRecently refreshed, very desirable front of the building first floor unit on State Street in Albany. One bedroom, one bathroom unit located just steps from state offices in the heart of Albany. Coin operated laundry in the basement. Heat and hot water included! No pets please. Rent/Security $1200. Applications only accepted through www redwaypropertymanagement com

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Amenities for 255 State Street

Apartment Amenities

HeatHot Water
Trash IncludedUtilities/Sewer
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.

Contact Property

Questions about this property’s policies and fees?

Building details

Property details

Units2
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About 255 State Street

HomeApartments in AlbanyCentral Avenue 255 State Street

This is a 1 bedroom, 1 bath unit in the heart of Albany, minutes from downtown and surrounded by amenities. Heat and hot water are included, and there are a coin operated washer and dryer in the basement. Rent/security $1025/month. Applications only accepted through Redway Property Management To schedule a showing at your earliest convenience: https app tenantturner com listings redwaypropertymanagement


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.
9.2
/10
Excellent
255 State Street is an excellent find, offering residents a superior living experience with a wide range of desirable features. Residents will particularly enjoy knowing that this property rated highest in Price and Amenities, which help to make this rental a great place to call home.
How we rated 255 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.
255 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·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.
255 State Street goes above and beyond to provide sought-after conveniences and desirable perks, including heat. Renters looking for popular or luxurious features will find them here—and for that reason, 255 State Street 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.
255 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·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.
255 State Street 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.

255 State Street is great for:

Social life

  • 250 restaurants within 1 mile of this property
  • 77 museums, art galleries, or cultural centers within 1 mile
  • 26 theaters, music venues, or sports arenas nearby
  • Area has 39 parks and recreation options

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 255 State Street compares to other nearby properties.

Positives

Images Available
There are at least 10 photos of this address

Considerations

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

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Rent trends in Central Avenue

1-bedroom apartments here are priced 11% lower than 1-bedrooms in Central Avenue.

Median rents as of Dec 6 2025.
Central Avenue
Albany
A table of studio rental data trends in Albany
MonthMedian Rent
December 2023$1,299
January 2024$1,294
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$1,163
A table of studio rental data trends in Central Avenue
MonthMedian Rent
December 2023$1,000
January 2024$1,000
February 2024$1,036
March 2024$1,029
April 2024$1,103
May 2024$1,162
June 2024$1,167
July 2024$1,150
December 2024$1,148
January 2025$1,139
February 2025$1,129
March 2025$1,099
April 2025$1,099
May 2025$1,055
June 2025$1,031
July 2025$1,050
August 2025$1,150
September 2025$1,105
October 2025$1,100

Affordability calculator

Can I afford to live at 255 State Street?

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

$42,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom median monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.

Schools near 255 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 255 State Street

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

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

Transit

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

Points of interest for 255 State Street, 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

7/10
At least one elementary school within a 20-minute walk

High schools

7/10
At least one high school within a 20-minute walk

Parks

8/10
Large amount of park space nearby

Nightlife

5/10
Some bars within walking distance

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