Cheap Homes for Rent in Capitol Hill Neighborhood of Albany, NY from $1,100 (10 Rentals)

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

property at 33 Elm St

$1,150 - $1,200

1 Bedroom Rentals

Available Now

33 Elm St

AlbanyNY12202

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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. 256 state street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. 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
256 state street1 Bedroom, 1 Bathroom1BR,1BA$1,050
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050

Best Value Apartments for Rent in Capitol Hill, NY

As of January 10, 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 Capitol Hill

What type of rentals are currently available in Capitol Hill?

There are currently 147 Apartments for Rent in Capitol Hill, NY with pricing that ranges from $1,050 to $2,995. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol Hill ranging from $1,150 to $2,300.

What is the current price range for Rental Homes in Capitol Hill?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Capitol Hill ranges from $1,150 to $2,300 with an average monthly rent of $1,640.

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.