
Cheap Apartments for Rent in the Arbor Hill Neighborhood of Albany, NY from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arbor Hill area of Albany.


The Knick

Slip 12

Total Monthly Price
83 Columbia St

Livingston School Apartments
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.

Fort Fredrick Apartments

252 state street

256 state street

71 chestnut street

1 Macnaughton Ave
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.

1 Macnaughton Ave
Arbor Hill, Albany, NY Local Guide

How much does it cost to rent an apartment in Arbor Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Arbor Hill Studio Apartments | $1,467 | $1,225 | $1,692 |
| Arbor Hill 1 Bedroom Apartments | $1,550 | $1,000 | $2,141 |
| Arbor Hill 2 Bedroom Apartments | $2,081 | $1,595 | $3,000 |
| Arbor Hill 4 Bedroom Apartments | $1,871 | $1,490 | $2,253 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Arbor Hill Neighborhood of Albany, NY.
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Arbor Hill, Albany, NY Local Guide
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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 252 state street priced from $850. 256 state street has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here are the most affordable Arbor Hill apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 252 state street | Studio, 1 Bathroom | Studio,1BA | $850 |
| 256 state street | Studio, 1 Bathroom | Studio,1BA | $975 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| The Knick | 1 Bedroom G | 1BR,1BA | $1,120 |
| The Kennedy | 408 | 1BR,1BA | $1,360 |
Best Value Apartments for Rent in Arbor Hill, NY
As of March 11, 2026 the best value apartment in the Arbor Hill area is the $1.59 price per square foot Plan 508 Model at The Monroe in the in the Arbor Hill neighborhood starting from $2,385. The second greatest value Arbor Hill apartment is the 35 Clinton Ave Model at 35 Clinton Ave starting at $2,875 with a $1.98 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Monroe | Plan 508 | 2BR,2BA | $1.59 |
| 35 Clinton Ave | 35 Clinton Ave | 2BR,2.5BA | $1.98 |
| 270 Livingston Ave, Unit #1 | 270 Livingston Ave | 4BR,1BA | $1.06 |
| The Lofts at 733 Broadway | Unit 204 | 1BR,1BA | $1.38 |
| 69 Lark St, Unit Section 8 Preferred | 69 Lark St | 4BR,1BA | $2.10 |
| 28 Dove St, Unit 2 | 28 Dove St | 2BR,1BA | $1.95 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| Steuben Place Apartments | One Bed One Bath | 1BR,1BA | $1.77 |
| The Knick | 1 Bedroom R | 1BR,1BA | $2.21 |
| 83 Columbia St | 83 Columbia St | 1BR,1BA | $2.08 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick 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.
Pet Friendly LifestyleArbor Hill, Albany, NY
Ranked #18
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $995 at 256 state 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

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.