Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $300 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in the Mount Hope area of Albany.

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

Mount Hope, Albany, NY Local Guide

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 ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$800
361 State StStudioStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
363 state streetStudio, 1 BathroomStudio,1BA$1,000
The Apartments at 66 State1B1RC1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
44 JamesThe James2BR,1BA$1.07
Hinckel Brewery Development LLC2BR/1.0BA2BR,1BA$1.42
372 2nd Ave, Unit 1372 2nd Ave4BR,1BA$1.43
18 Sparkill Ave, Unit 1st Floor Apartment18 Sparkill Ave2BR,2BA$1.26
The EleftheriaSia2BR,2BA$1.48
412 Broadway33/341BR,1.5BA$1.31
Woodhill ApartmentsLansing2BR,1.5BA$1.57
99 Pine Street1BR/1.0BA1BR,1BA$1.42
140 Grand St, Unit Basement Apartment140 Grand St1BR,1BA$1.30
49 Broadway, Unit floor 249 Broadway1BR,1BA$1.50

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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.

decorative image for A Local Expert’s Guide To the Top Budget-Friendly Neighborhoods to Rent in Albany, NY article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.