Cheap Apartments for Rent in the Capitol 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 Capitol Hill area of Albany.

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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142 Morton Ave
Studio to 1 Bedroom Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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252 state street
Studio to 2 Bedroom Apartments

252 state street

252 State StAlbany, NY 12210
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210
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338 Hudson street
Studio to 2 Bedroom Apartments

338 Hudson street

338 Hudson AveAlbany, NY 12210

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.

Cheapest Available Capitol Hill Apartments for Rent

 

The cheapest available apartment rental in the Capitol Hill area of Albany, NY is a Studio unit found at 142 Morton Ave priced from $850. 336 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Capitol Hill apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
336 Hudson streetStudio, 1 BathroomStudio,1BA$950
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,000

Best Value Apartments for Rent in Capitol Hill, NY

As of October 15, 2025 the best value apartment in the Capitol Hill area is the $1.29 price per square foot 1BR/1.0BA Model at Hinckel Brewery Development LLC in the in the Whitehall neighborhood starting from $1,550. The second greatest value Capitol Hill apartment is the 17 Bleecker Pl Model at 17 Bleecker Pl, Unit 2nd FL starting at $1,400 with a $1.17 price per square foot in the Mount Hope neighborhood. Here is today’s list of the best values for Capitol Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.29
17 Bleecker Pl, Unit 2nd FL17 Bleecker Pl2BR,1BA$1.17
241 Elm St, Unit 241 #1241 Elm St1BR,1BA$1.44
239 Elm St, Unit 239 #2239 Elm St1BR,1BA$1.38
20 Park Residences1 Bed1BR,1BA$2.14
The Gallery on HollandLark1BR,1BA$2.66
325 Hudson Ave, Unit Basement Studio325 Hudson AveStudio ,1BA$2.00
The AmsdellStyle AStudio ,1BA$2.70
@HudsonPark1BR/1.5BA1BR,1.5BA$3.28
66 Broad St, Unit 266 Broad StStudio ,1BA$3.21

Getting Around the Capitol Hill Neighborhood in Albany, NY

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

67 / 100

Good Transit

Many nearby public transportation options

Frequently Asked Questions about Cheap Capitol Hill Apartments

What is the Cheapest Studio apartment in Capitol Hill?

Currently the most affordable Cheap Studio Apartment in Capitol Hill is at 142 Morton Ave listed at $850.

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

The lowest price for a Cheap One Bedroom Capitol Hill Apartment is $1,000 at 71 chestnut street.

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

Today's best deal for a Cheap Two Bedroom Apartment in Capitol Hill is starting from $1,535 at Willett Apartments.

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.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.