Cheap Apartments for Rent in the Arbor Hill Neighborhood of Albany, NY from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arbor Hill area of Albany.

104 Thornton St

100 Chestnut St
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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.
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 | $1,577 | $1,000 | $2,180 |
Arbor Hill 1 Bedroom Apartments | $1,642 | $1,100 | $2,400 |
Arbor Hill 2 Bedroom Apartments | $2,303 | $1,487 | $3,405 |
Arbor Hill 3 Bedroom Apartments | $1,978 | $1,500 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 9 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 $900. 100 Chestnut St has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. 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 | $900 |
100 Chestnut St | Studio, 1 bath | Studio,1BA | $1,200 |
71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,255 |
Best Value Apartments for Rent in Arbor Hill, NY
As of June 18, 2025 the best value apartment in the Arbor Hill area is the $1.98 price per square foot 1 BD 1.5BA DEN Model at Albany Lofts at One Broadway in the in the Arbor Hill neighborhood starting from $2,280. The second greatest value Arbor Hill apartment is the One Bed One Bath Model at Steuben Place Apartments starting at $1,695 with a $1.93 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. |
---|---|---|---|
Albany Lofts at One Broadway | 1 BD 1.5BA DEN | 1BR,1.5BA | $1.98 |
Steuben Place Apartments | One Bed One Bath | 1BR,1BA | $1.93 |
39 Columbia Street | 409 | 2BR,1BA | $2.20 |
Village One Apartments | Renovated One Bedroom! | 1BR,1BA | $1.82 |
930 On Broadway | 1 Bedroom E | 1BR,1BA | $2.46 |
Industrie Apartments | Apartment Type A1 | Studio ,1BA | $3.09 |
100 Chestnut St | Studio, 1 bath | Studio ,1BA | $2.40 |
Slip 12 | 1 Bedroom B | 1BR,1BA | $2.78 |
Abraxas at 90 State | E14 | Studio ,1BA | $4.02 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleArbor Hill, Albany, NY
Ranked #10
Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Arbor Hill Neighborhood in Albany, NY
Walk Score®
66 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
62 / 100
Bikeable
Some bike infrastructure
Transit Score®
64 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Arbor Hill Apartments
What is the Cheapest Studio apartment in Arbor Hill?
Currently the most affordable Cheap Studio Apartment in Arbor Hill is at 252 state street listed at $900.
How much is rent for a Cheap One Bedroom Arbor Hill Apartment?
The lowest price for a Cheap One Bedroom Arbor Hill Apartment is $1,255 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 $1,650 at 39 Columbia Street.
What is the most affordable Arbor Hill Three Bedroom Apartment?
The best deal on a cheap Arbor Hill Three Bedroom Apartment rental is at 930 On Broadway and starts from $2,095.
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
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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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
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