Cheap Apartments for Rent in the Arbor Hill Neighborhood of Albany, NY from $700 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Arbor Hill area of Albany.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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256 state street
Studio to 3 Bedroom Apartments

256 state street

256 State StAlbany, NY 12210
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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760 Broadway
Studio to 2 Bedroom Apartments

760 Broadway

760 BroadwayAlbany, NY 12207
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Showing Results 1-27, Page 1 of 1

Arbor Hill, Albany, NY Local Guide

Cheapest Available Arbor Hill Apartments for Rent

 

The cheapest available apartment rental in the Arbor Hill area of Albany, NY is a Studio unit found at 256 state street priced from $975. 71 chestnut street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Arbor Hill apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
256 state streetStudio, 1 BathroomStudio,1BA$975
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050
287 State St285/2RStudio,1BA$1,150
39 Columbia Street5051BR,1BA$1,395
96- 100 Chestnut St1 Bedroom1BR,1BA$1,400
The Kenmore4061BR,1BA$1,475
90 Swan1BD1BR,1BA$1,490
Steuben Place ApartmentsOne Bed One Bath1BR,1BA$1,495
The Lofts at 733 BroadwayUnit 2041BR,1BA$1,545

Best Value Apartments for Rent in Arbor Hill, NY

As of April 26, 2026 the best value apartment in the Arbor Hill area is the $1.78 price per square foot 35 Clinton Ave Model at 35 Clinton Ave in the in the Arbor Hill neighborhood starting from $2,575. The second greatest value Arbor Hill apartment is the 270 Livingston Ave Model at 270 Livingston Ave, Unit #1 starting at $1,490 with a $1.06 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Arbor Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
35 Clinton Ave35 Clinton Ave2BR,2.5BA$1.78
270 Livingston Ave, Unit #1270 Livingston Ave4BR,1BA$1.06
The Monroe Apartments2BR/2.0BA2BR,2BA$1.52
The Palmer House Apartments2BR/2.0BA2BR,2BA$1.57
The Lofts at 733 BroadwayUnit 2041BR,1BA$1.38
The KnickPent House 6023BR,1BA$2.44
28 Dove St, Unit 228 Dove St2BR,1BA$1.95
The Kenmore7092BR,1BA$2.18
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
Steuben Place ApartmentsOne Bed One Bath1BR,1BA$1.77

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Arbor Hill, Albany, NY

Ranked #17

Among cities in New York for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Arbor Hill Apartments

How much is rent for a Cheap One Bedroom Arbor Hill Apartment?

The lowest price for a Cheap One Bedroom Arbor Hill Apartment is $1,050 at 71 chestnut street.

What is the lowest price for a Cheap Two Bedroom Arbor Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Arbor Hill is starting from $1,550 at 96- 100 Chestnut St.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.