
Cheap Apartments for Rent in the Mount Hope Neighborhood of Albany, NY from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mount Hope area of Albany.


45 Park Ave

246 Delaware Ave, Unit 1 East

68 Morris St

Willett Apartments

566 Park Ave

The Apartments at 66 State
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

159 1st St
Mount Hope, Albany, NY Local Guide

How much does it cost to rent an apartment in Mount Hope?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mount Hope Studio Apartments | $1,404 | $900 | $2,120 |
Mount Hope 1 Bedroom Apartments | $1,627 | $1,000 | $2,500 |
Mount Hope 2 Bedroom Apartments | $2,000 | $950 | $4,250 |
Mount Hope 3 Bedroom Apartments | $1,738 | $1,215 | $2,600 |
Mount Hope 4 Bedroom Apartments | $2,101 | $1,600 | $2,750 |
Browse Apartments in this Neighborhood
There are currently 26 rentals with your search options within a 2 mile radius of the Mount Hope Neighborhood of Albany, NY.
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Mount Hope, Albany, NY Local Guide
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Cheapest Available Mount Hope Apartments for Rent
 The cheapest available apartment rental in the Mount Hope 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 Mount Hope 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 |
363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
The Apartments at 66 State | 1B1RC | 1BR,1BA | $1,095 |
The Amsdell | Style A | Studio,1BA | $1,130 |
ArtHouse Apartments | Studio | Studio,1BA | $1,250 |
20 Park Residences | Studio | Studio,1BA | $1,250 |
Park Row and New Scotland Gardens Apartments | Park Row Large 1 Bedroom | 1BR,1BA | $1,250 |
71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Mount Hope, NY
As of March 28, 2025 the best value apartment in the Mount Hope area is the $1.07 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $2,400. The second greatest value Mount Hope apartment is the 2BR/1.0BA Model at Hinckel Brewery Development LLC starting at $1,850 with a $1.42 price per square foot in the Whitehall neighborhood. Here is today’s list of the best values for Mount Hope apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
44 James | The James | 2BR,1BA | $1.07 |
Hinckel Brewery Development LLC | 2BR/1.0BA | 2BR,1BA | $1.42 |
372 2nd Ave, Unit 1 | 372 2nd Ave | 4BR,1BA | $1.43 |
The Eleftheria | Sia | 2BR,2BA | $1.48 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
Woodhill Apartments | Lansing | 2BR,1.5BA | $1.57 |
99 Pine Street | 1BR/1.0BA | 1BR,1BA | $1.42 |
The Kenmore | 708 | 2BR,1BA | $1.59 |
140 Grand St, Unit Basement Apartment | 140 Grand St | 1BR,1BA | $1.30 |
49 Broadway, Unit floor 2 | 49 Broadway | 1BR,1BA | $1.50 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleMount Hope, Albany, NY
Ranked #24
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, areas, and rental properties across New York and customized analysis for Central Albany. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best outdoor access, kid and pet-friendly communities, availability of transit options, in addition to floorplans, availablity, and pricing. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Mount Hope Neighborhood in Albany, NY
Walk Score®
25 / 100
Car-Dependent
Most errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
38 / 100
Some Transit
A few 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 Mount Hope Apartments
What is the Cheapest Studio apartment in Mount Hope?
Currently the most affordable Cheap Studio Apartment in Mount Hope is at 142 Morton Ave listed at $800.
How much is rent for a Cheap One Bedroom Mount Hope Apartment?
The lowest price for a Cheap One Bedroom Mount Hope Apartment is $1,050 at 361 State St.
What is the lowest price for a Cheap Two Bedroom Mount Hope Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mount Hope is starting from $1,200 at 361 State St.
What is the most affordable Mount Hope Three Bedroom Apartment?
The best deal on a cheap Mount Hope Three Bedroom Apartment rental is at 361 State St and starts from $1,450.
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.