
Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Hope area of Albany.


398 Madison Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

120 S Lake Ave

418 Delaware Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

43 First Street, Unit Basement

11 Riverside Avenue, Unit 3rd Floor
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

250 Lark St

18 Second Ave
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

94 Dana Ave

167 Second Ave

9 Woodlawn Ave
Mount Hope, Albany, NY Local Guide

How much does it cost to rent a home in Mount Hope?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mount Hope 2 Bedroom Homes for Rent | $1,630 | $1,250 | $2,200 |
Mount Hope 3 Bedroom Homes for Rent | $1,909 | $1,350 | $2,700 |
Mount Hope 4 Bedroom Homes for Rent | $2,100 | $1,800 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 11 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 $850. 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 | $850 |
361 State St | Studio | Studio,1BA | $900 |
338 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
Park Row and New Scotland Gardens Apartments | Park Row Large 1 Bedroom | 1BR,1BA | $1,116 |
The Amsdell | Style A | Studio,1BA | $1,130 |
Best Value Apartments for Rent in Mount Hope, NY
As of May 15, 2025 the best value apartment in the Mount Hope area is the $0.89 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $1,995. The second greatest value Mount Hope apartment is the 73 Clinton St Model at 73 Clinton St, Unit 73 Clinton St 3rd fl starting at $1,900 with a $1.58 price per square foot in the Mount Hope 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 | $0.89 |
73 Clinton St, Unit 73 Clinton St 3rd fl | 73 Clinton St | 3BR,1BA | $1.58 |
The Eleftheria | Sia | 2BR,2BA | $1.48 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
Woodhill Apartments | Reinhardt | 2BR,1.5BA | $1.68 |
99 Pine Street | 1BR/1.0BA | 1BR,1BA | $1.42 |
208 Myrtle Ave, Unit #2 | 208 Myrtle Ave | 1BR,1BA | $1.35 |
246 Delaware Ave, Unit 2 West | 246 Delaware Ave | 2BR,1BA | $1.01 |
49 Broadway, Unit floor 2 | 49 Broadway | 1BR,1BA | $1.53 |
60 Holmes Ct, Unit 2 | 60 Holmes Ct | 1BR,1BA | $1.75 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Mount Hope
What type of rentals are currently available in Mount Hope?
There are currently 552 Apartments for Rent in Mount Hope, NY with pricing that ranges from $650 to $4,330. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hope ranging from $900 to $2,700.
What is the current price range for Rental Homes in Mount Hope?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Hope ranges from $900 to $2,700 with an average monthly rent of $1,585.
How much are larger Three and Four Bedroom Rentals in Mount Hope?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Hope range from $650 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,700. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,600.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.