Monthly rent

$995

Beds

Baths

Sqft

–

Monthly rent	$995
Beds	1
Baths	1
Sqft	–

5+ Days Ago

Highlights

Pet Friendly

Location

398 Madison Ave #1, Albany, NY 12210, USA|Capitol Hill

Tour 398 Madison Ave #1

Contact

Real Capital Group

(914) 533-1367

About 398 Madison Ave #1

Sweet deal!

This listing is 23% below the median price for 1 bedroom apartments in Capitol Hill.

Welcome to your new home in the heart of Downtown Albany, NY! This apartment, aptly named "1 Bedroom w Office in Downtown Albany," offers a unique blend of comfort and convenience. With one spacious bedroom and a full bathroom, this apartment is perfect for those seeking a modern, urban lifestyle. The added bonus of an office space provides the perfect environment for work-from-home professionals or anyone in need of a dedicated space for focus and creativity. The location is unbeatable, being just a stone's throw away from the vibrant Lark Street and the serene Washington Park. Whether you're a foodie, a nature lover, or a city dweller, this apartment offers easy access to a variety of local attractions. Experience the best of Albany living in this well-appointed apartment. Amenities: Close to Washington Park, close to lark street, 1 bedroom with office

Neighborhood

Capitol Hill

Zip code

12210

Type

Apartment for rent

Rent trends in Capitol Hill

1-bedroom apartments at 398 Madison Ave #1 cost about 23% less than the average rent price for 1-bedroom apartments in Capitol Hill.

Median rents as of Sep 6 2025.

Capitol Hill

Albany

A table of 1-bedroom apartment rental data trends in Albany
Month	Median Rent
September 2023	$1,167
October 2023	$1,212
November 2023	$1,202
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

A table of 1-bedroom apartment rental data trends in Capitol Hill
Month	Median Rent
September 2023	$1,275
October 2023	$1,422
November 2023	$1,256
December 2023	$1,425
January 2024	$1,425
February 2024	$1,297
March 2024	$1,238
April 2024	$1,145
May 2024	$1,148
June 2024	$1,239
July 2024	$1,218
August 2024	$1,205
September 2024	$1,243
October 2024	$1,249
November 2024	$1,175
December 2024	$1,393
January 2025	$1,281
February 2025	$1,243
March 2025	$1,182
April 2025	$1,119
May 2025	$1,150
June 2025	$1,487
July 2025	$1,600
August 2025	$1,370
September 2025	$1,300

Affordability calculator

Can I afford to live at 398 Madison Ave #1?

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

$39,800/yr

With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this 1-bedroom monthly rent price of $995.

For more information on rent affordability, visit our rent calculator.

Schools near 398 Madison Ave #1

Getting around Albany near 398 Madison Ave #1

Walking

8/10

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

8/10

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

Points of interest for 398 Madison Ave #1, 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

10/10

At least one elementary school within a 5-minute walk

High schools

10/10

At least one high school within a 5-minute walk

Parks

8/10

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

Nightlife

7/10

Several bars within a few minutes’ walk

398 Madison Ave #1398 Madison Ave #1, Albany, NY 12210, USA

Highlights

Location

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Amenities for 398 Madison Ave #1, Capitol Hill

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About 398 Madison Ave #1

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Schools near 398 Madison Ave #1

Sheridan Preparatory Academy

Giffen Memorial Elementary School

Delaware Community School

Arbor Hill Elementary School

Philip J. Schuyler Achievement Academy

Internet available near 398 Madison Ave #1

Getting around Albany near 398 Madison Ave #1

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Points of interest for 398 Madison Ave #1, Albany

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Parks

Nightlife

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398 Madison Ave #1
398 Madison Ave #1, Albany, NY 12210, USA