Updated 4 Hours Ago
Highlights
- Heat and hot water included
- Coin operated laundry
Location
255 State St, Albany, NY 12210, USA|Central Avenue
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Property Overview
255 State Street offers strong value with a high expert rating, top marks for price, and solid scores for amenities, location, and quality, along with heat and hot water included. It also stands out for social life and work-from-home convenience, thanks to nearby restaurants, cultural spots, parks, coworking options, and included utilities, plus coin-operated laundry.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Great for” are based on our internal analyses of market trends and renter insights.
Great for
Social life
Work-from-home
Floor plans
| 255 State Street - 1F | 1 bed | 1 bath | $1,250 /mo | Recently 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 $1250. Applications only accepted through Redway Property Management https redwaypropertymanagement managebuilding com Resident rental-application new |
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Amenities for 255 State Street
Apartment Amenities
| Heat | Hot Water |
| Trash Included | Utilities/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
| Units | 1 |
|---|
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About 255 State Street
Recently 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 $1250. Applications only accepted through Redway Property Management https redwaypropertymanagement managebuilding com Resident rental-application new
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.
9.1
/10
Excellent255 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.
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·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.
255 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.
255 State Street is great for:
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.
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
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Central Avenue
1-bedroom apartments at 255 State Street cost about 14% less than the average rent price for 1-bedroom apartments in Central Avenue.
Median rents as of Aug 8 2026.
Central Avenue
Albany
| Month | Median Rent |
|---|---|
| August 2024 | $1,025 |
| 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 | $1,203 |
| March 2026 | $1,209 |
| April 2026 | $1,237 |
| May 2026 | $1,250 |
| June 2026 | $1,254 |
| July 2026 | $1,278 |
| August 2026 | $1,290 |
| Month | Median Rent |
|---|---|
| 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 |
| January 2026 | $1,050 |
| February 2026 | $1,050 |
| March 2026 | $1,185 |
| April 2026 | $1,195 |
| May 2026 | $1,190 |
| June 2026 | $1,034 |
| July 2026 | $1,100 |
| August 2026 | $1,100 |
Affordability calculator
Can I afford to live at 255 State St?
Bedrooms
1 bedroomRent-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
$50,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $50,000 annually to afford this 1-bedroom monthly rent price of $1,250.
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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Internet available near 255 State Street
Getting around Albany near 255 State St
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 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
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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