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Updated 3 hours ago

The Monroe Apartments


49 Sheridan Ave Albany, NY

2 Bed
•
2 Bath

1,180 - 1,317 Sq. Ft.

Available Now
Floor plans
1 Bed • 1 Bath
$1,725
963 ft2
0 Available
Managed By: The Monroe Apartments
Unit 308
$1,725
Rented
View
1 Bed • 1 Bath
$1,405
789 ft2
0 Available
Managed By:
#505
$1,405
Rented
View
1 Bed • 1 Bath
$1,465
980 ft2
0 Available
Managed By:
#409
$1,465
Rented
View
1 Bed • 1 Bath
$1,445
965 ft2
0 Available
Managed By:
#208
$1,445
Rented
View
1 Bed • 1 Bath
$1,495 - $1,555
979 ft2
0 Available
Managed By:
#506
$1,495
Rented
View
#109
$1,495
Rented
View
#106
$1,555
Rented
View
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2 Beds • 2 Bath
$2,361
1317 ft2
1 Available
Managed By: The Monroe Apartments
Unit 302
$2,361
Available Now
View
2 Beds • 2 Bath
$1,999
1180 ft2
1 Available
Managed By: The Monroe Apartments
Unit 305
$1,999
Available Jun 10th, 2026
View
2 Beds • 2 Bath
$1,975
1291 ft2
1 Available
Managed By:
#303
$1,975
Available Now
View
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Where you'll live
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The Monroe Apartments
The Monroe Apartments
The Monroe Apartments
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Lease & Fees
Security Deposit: $0
Property details
Description

Discover The Monroe Apartments, where upscale living meets the energy of the city. Our spacious one- and two-bedroom apartments feature open-concept designs, creating the perfect balance of style and comfort.
Located in the heart of Albany, The Monroe offers easy access to the city’s vibrant nightlife, cultural attractions, and top dining spots—all within walking distance. Just steps from the New York State Capitol, you’ll find yourself at the center of it all. With on-site parking and quick access to major highways, getting around has never been easier.
Enjoy upscale living in the city center—make The Monroe your home today.

Additional Details
Total Unit Count: 44
Last Updated: Updated 3 hours ago
Contact Number: (518) 556-6024
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Photos Floor Plans
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for The Monroe Apartments by bedroom type below.
2 Bedroom
Suggested income:
$78,500
per year
Rent report

The Monroe Apartments Rent vs. Albany Average

 The Monroe Apartments      Albany Average
2BR
$2,180
$1,697
$0
$750
$1,500
$2,250
$3,000

The Monroe Apartments is asking 28% more than the average 2 bedroom apartment in Albany.

If you upsized to an average priced Albany 3 bedroom apartment, you would pay 16% more per month.

If you downsized to an average priced Albany 1 bedroom apartment, you would pay 10% less per month.

The Monroe Apartments provides 22% more square footage than the average Albany 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
The Monroe Apartments
2BR $2,180 $1.70 $6,540
Albany Average
Studio $1,674 $2.10 $5,022
1BR $1,544 $2.10 $4,633
2BR $1,697 $1.70 $5,092
3BR $2,013 $1.70 $6,039
4BR $2,057 $1.70 $6,171

Availability in Albany

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 95 1BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 33% 31% 15% 12%
Available Units in Albany
Studio 19
1BR 95
2BR 91
3BR 43
4BR 35
Location
Nearby Colleges

SUNY at Albany

Hudson Valley Community College

Rensselaer Polytechnic Institute

Excelsior College

Nearby Hospitals
Name Distance
Va Medical Center Albany Stratton 1.0 mi.
Albany Medical Center 1.22 mi.
C API Tal District Psychiatric Center 1.4 mi.
Nearby Fire Stations
Name Distance
Albany Area Volunteer Fire Department 0.75 mi.
Columbia Township Volunteer Fire Department 0.75 mi.
Albany Fire Department And Emergency Services 0.88 mi.
FAQs
Is this property currently leasing units?
Yes. There are 2 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 2 units available for move-in over the next 2 months. 1 unit is vacant and ready for immediate occupancy.
What's the square footage of the available units?
The available units range from 1,180 to 1,317 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,999 to $2,361. The Monroe Apartments has 2 bedroom units available starting at $1,999.
Where is this property located?
This property is at 49 Sheridan Ave in Albany, NY. It's 0.3 miles northwest from the center of Albany.
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