Cheap Apartments for Rent in the Arbor Hill Neighborhood of Albany, NY from $600 (9 Rentals)

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

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252 state street
Studio to 1 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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256 state street
Studio to 1 Bedroom Apartments

256 state street

256 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.

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 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 ListingModel NameBed/BathPriced From
252 state streetStudio, 1 BathroomStudio,1BA$900
100 Chestnut StStudio, 1 bathStudio,1BA$1,200
71 chestnut street1 Bedroom, 1 Bathroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Albany Lofts at One Broadway1 BD 1.5BA DEN1BR,1.5BA$1.98
Steuben Place ApartmentsOne Bed One Bath1BR,1BA$1.93
39 Columbia Street4092BR,1BA$2.20
Village One ApartmentsRenovated One Bedroom!1BR,1BA$1.82
930 On Broadway1 Bedroom E1BR,1BA$2.46
Industrie ApartmentsApartment Type A1Studio ,1BA$3.09
100 Chestnut StStudio, 1 bathStudio ,1BA$2.40
Slip 121 Bedroom B1BR,1BA$2.78
Abraxas at 90 StateE14Studio ,1BA$4.02

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Pet Friendly Lifestyle
Arbor Hill, Albany, NY

Ranked #10

Among neighborhoods in Albany, NY for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

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.

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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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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.

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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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.