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Cheap Apartments for Rent in the Capitol Hill Neighborhood of Albany, NY from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capitol Hill area of Albany.
45 Park Ave
AlbanyNY12202
68 Morris St
AlbanyNY12208
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Rent Specials
from $1,015Studio to 3 Bedroom Apartments Available Now
Willett Apartments
88 Willett StAlbany, NY 12210
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from $1,1501 Bedroom Apartments Contact Us For Availability
@HudsonPark
160 Myrtle AveAlbany, NY 12202
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29 Elm St
AlbanyNY12202
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139 Madison Ave
AlbanyNY12202
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Showing Results 1-18, Page 1 of 1
Capitol Hill, Albany, NY Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Capitol Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol Hill Studio Apartments | $1,301 | $900 | $1,650 |
| Capitol Hill 1 Bedroom Apartments | $1,684 | $1,000 | $2,400 |
| Capitol Hill 2 Bedroom Apartments | $1,866 | $1,200 | $2,725 |
| Capitol Hill 3 Bedroom Apartments | $1,746 | $1,215 | $2,600 |
| Capitol Hill 4 Bedroom Apartments | $2,750 | $2,750 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the Capitol Hill Neighborhood of Albany, NY.
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Cheapest Available Capitol Hill Apartments for Rent
The cheapest available apartment rental in the Capitol Hill area of Albany, NY is a Studio unit found at 142 Morton Ave priced from $800. 361 State St has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Capitol Hill apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $800 |
| 361 State St | Studio | Studio,1BA | $900 |
| 338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
| The Amsdell | Style A | Studio,1BA | $1,130 |
| 1395 Hudson | Studio A | Studio,1BA | $1,175 |
Best Value Apartments for Rent in Capitol Hill, NY
As of March 26, 2025 the best value apartment in the Capitol Hill area is the $1.42 price per square foot 2BR/1.0BA Model at Hinckel Brewery Development LLC in the in the Whitehall neighborhood starting from $1,850. The second greatest value Capitol Hill apartment is the 1BD 1.5BA Model at Albany Lofts at One Broadway starting at $2,065 with a $1.64 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Capitol Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hinckel Brewery Development LLC | 2BR/1.0BA | 2BR,1BA | $1.42 |
| 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 |
| 140 Grand St, Unit Basement Apartment | 140 Grand St | 1BR,1BA | $1.30 |
| 365 Madison Ave | 365 Madison Ave | 2BR,1BA | $1.68 |
| 2 Myrtle Ave, Unit 1st Floor | 2 Myrtle Ave | 1BR,1BA | $1.69 |
| Willett Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.78 |
| 4 Myrtle Ave, Unit 2nd floor | 4 Myrtle Ave | 2BR,1BA | $1.80 |
| 20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
Getting Around the Capitol Hill Neighborhood in Albany, NY
Walk Score®
91 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
48 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
67 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Capitol Hill Apartments
What is a cheap apartment in Capitol Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Capitol Hill is under $1,255.
What is the price of a cheap apartment in Capitol Hill?
The cheapest apartment in Capitol Hill is 361 State St which is listed at $1,050, while the average apartment in Capitol Hill costs $2,750.
What types of apartments are the cheapest in Capitol Hill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 48 regular apartments in Capitol Hill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Capitol Hill?
Cheap apartments in Capitol Hill have an average cost of $149 which is $2,601 cheaper than the average rent for all rentals in Capitol Hill.
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.