
Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Hope area of Albany.


221 Lancaster St

326 Madison Ave

192 Lark St

159 Lark St

129 Dove St

132 Grand St

18 Second Ave

97 Ten Broeck St, Unit 2

120 S Lake 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

43 Grove Ave

7 Wilbur St
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 | $1,800 | $1,400 | $3,000 |
Mount Hope 3 Bedroom Homes for Rent | $1,829 | $1,400 | $2,500 |
Mount Hope 4 Bedroom Homes for Rent | $2,033 | $1,800 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 12 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 |
Best Value Apartments for Rent in Mount Hope, NY
As of March 27, 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 |
18 Sparkill Ave, Unit 1st Floor Apartment | 18 Sparkill Ave | 2BR,2BA | $1.26 |
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 |
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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Frequently Asked Questions about Mount Hope
What type of rentals are currently available in Mount Hope?
There are currently 537 Apartments for Rent in Mount Hope, NY with pricing that ranges from $550 to $4,250. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hope ranging from $399 to $5,750.
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 $399 to $5,750 with an average monthly rent of $1,794.
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 $1,215 to $2,600, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,500. 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.

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.