
Cheap Apartments for Rent in the Arbor Hill Neighborhood of Albany, NY from $600 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Arbor Hill area of Albany.


98 Chestnut St

Livingston School Apartments
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Fort Fredrick Apartments

252 state street

71 chestnut street
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256 state street
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 | $1,299 | $1,050 | $1,652 |
| Arbor Hill 1 Bedroom Apartments | $1,528 | $1,000 | $2,124 |
| Arbor Hill 2 Bedroom Apartments | $1,993 | $1,411 | $2,866 |
| Arbor Hill 3 Bedroom Apartments | $2,175 | $1,850 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 7 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 1 Bed unit found at 256 state street priced from $1,050. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
| The Knick | 1 Bedroom G | 1BR,1BA | $1,120 |
Best Value Apartments for Rent in Arbor Hill, NY
As of January 25, 2026 the best value apartment in the Arbor Hill area is the $1.25 price per square foot 44 Clinton Ave Model at 44 Clinton Ave, Unit 2 Brownstone in the in the Arbor Hill neighborhood starting from $2,500. The second greatest value Arbor Hill apartment is the Plan 508 Model at The Monroe starting at $2,385 with a $1.59 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. |
|---|---|---|---|
| 44 Clinton Ave, Unit 2 Brownstone | 44 Clinton Ave | 3BR,2BA | $1.25 |
| The Monroe | Plan 508 | 2BR,2BA | $1.59 |
| The Lofts at 733 Broadway | Unit 204 | 1BR,1BA | $1.38 |
| The Knick | Pent House 603 | 2BR,1BA | $2.18 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| Industrie Apartments | Apartment Type B1 | 1BR,1BA | $2.57 |
| 930 On Broadway | 2 Bedroom B | 2BR,1BA | $2.22 |
| Steuben Place Apartments | One Bed One Bath | 1BR,1BA | $1.86 |
| The Kenmore | 615 | 1BR,1BA | $1.93 |
| The Kennedy | 302 | 1BR,1BA | $2.38 |
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?
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Pet Friendly LifestyleArbor Hill, Albany, NY
Ranked #19
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $1,050 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 $1,495 at The Kenmore.
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.

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.