Cheap Apartments for Rent in the Capitol Hill Neighborhood of Albany, NY from $600 (4 Rentals)

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

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.

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142 Morton Ave
Studio to 1 Bedroom Apartments

142 Morton Ave

142 Morton AveAlbany, NY 12202
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336 Hudson street
Studio to 2 Bedroom Apartments

336 Hudson street

336 Hudson AveAlbany, NY 12210

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.

Best Value Apartments for Rent in Capitol Hill, NY

As of January 20, 2026 the best value apartment in the Capitol Hill area is the $1.50 price per square foot 3BR/2.0BA Model at Hinckel Brewery Development LLC in the in the Whitehall neighborhood starting from $2,400. The second greatest value Capitol Hill apartment is the Garden Apartment Model at 5 Madison Pl starting at $2,995 with a $2.14 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 LLC3BR/2.0BA3BR,2BA$1.50
5 Madison PlGarden Apartment2BR,2BA$2.14
69 Trinity Place1BR/1.5BA1BR,1.5BA$1.32
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
Willett ApartmentsLarge 1 Bedroom 1 Bathroom with Dining Room1BR,1BA$2.32
20 Park Residences1 Bed1BR,1BA$2.14
The Gallery on HollandLark1BR,1BA$2.66
7 Madison Pl, Unit Studio7 Madison PlStudio ,1BA$2.15
The Reserve at Park South II0BR/1.0BAStudio ,1BA$2.46
386 Madison Ave, Unit Garden Level386 Madison Ave1BR,1BA$1.95

Frequently Asked Questions about Cheap Capitol Hill Apartments

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

The lowest price for a Cheap One Bedroom Capitol Hill Apartment is $1,050 at 256 state 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 $1,550 at 96- 100 Chestnut St.

What is the most affordable Capitol Hill Three Bedroom Apartment?

The best deal on a cheap Capitol Hill Three Bedroom Apartment rental is at Willett Apartments and starts from $1,975.

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

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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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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.