
Cheap Homes for Rent in Arbor Hill Neighborhood of Albany, NY from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Arbor Hill area of Albany.


25 Elk St

17 Chapel St, Unit 704
Albany's Best Affordable Neighborhoods
Learn about Albany, NY and the best places to live with original content written by our New York area Local Expert Patrick Ryan
Arbor Hill, Albany, NY Local Guide

How much does it cost to rent a home in Arbor Hill?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Arbor Hill 2 Bedroom Homes for Rent | $2,262 | $1,525 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Arbor Hill Neighborhood of Albany, NY.
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Arbor Hill, Albany, NY Local Guide
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Best Value Apartments for Rent in Arbor Hill, NY
As of March 27, 2025 the best value apartment in the Arbor Hill area is the $1.64 price per square foot 1BD 1.5BA Model at Albany Lofts at One Broadway in the in the Arbor Hill neighborhood starting from $2,065. The second greatest value Arbor Hill apartment is the Two Bed Two Bath Model at Steuben Place Apartments starting at $2,095 with a $1.91 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Arbor Hill apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Albany Lofts at One Broadway | 1BD 1.5BA | 1BR,1.5BA | $1.64 |
Steuben Place Apartments | Two Bed Two Bath | 2BR,2BA | $1.91 |
The Kenmore | 708 | 2BR,1BA | $1.59 |
760 Broadway | 1 Bedroom | 1BR,1BA | $1.88 |
The Gallery on Holland | Dove | 1BR,1BA | $2.47 |
The Knick | 1 Bedroom GG | 1BR,1BA | $2.32 |
The Kennedy | 406 | 1BR,1BA | $2.05 |
Village One Apartments | Renovated Studio | Studio ,1BA | $2.00 |
100 Chestnut St | Studio, 1 bath | Studio ,1BA | $2.80 |
361 State St | Studio | Studio ,1BA | $2.25 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Arbor Hill
What type of rentals are currently available in Arbor Hill?
There are currently 112 Apartments for Rent in Arbor Hill, NY with pricing that ranges from $900 to $2,970. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Arbor Hill ranging from $1,200 to $3,000.
What is the current price range for Rental Homes in Arbor Hill?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Arbor Hill ranges from $1,200 to $3,000 with an average monthly rent of $1,731.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY
Written by: Patrick Ryan
Albany, the capital of New York state, is a renter’s haven. With ample housing supply, little traffic and a stable economy, Albany is trending upward. I'm Patrick, your ApartmentHomeLiving.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.