Cheap Homes for Rent in Capitol Hill Neighborhood of Albany, NY from $1,200 (8 Rentals)

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 96 Grand St

$1,300 - $1,400

1 To 2 Bedroom Rentals

Available Now

96 Grand St

AlbanyNY12202

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 $800. 256 state street has the second lowest priced unit, which is a 1 Bed 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$800
256 state street1 Bedroom, 1 Bathroom1BR,1BA$950
71 chestnut street1 Bedroom, 1 Bathroom1BR,1BA$1,050

Best Value Apartments for Rent in Capitol Hill, NY

As of June 09, 2026 the best value apartment in the Capitol Hill area is the $1.13 price per square foot 327 Hudson Ave Model at 327 Hudson Ave, Unit Apartment #1 in the in the Whitehall neighborhood starting from $2,150. The second greatest value Capitol Hill apartment is the Garden Apartment Model at 5 Madison Pl starting at $3,495 with a $2.50 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.
327 Hudson Ave, Unit Apartment #1327 Hudson Ave2BR,2.5BA$1.13
5 Madison PlGarden Apartment2BR,2BA$2.50
153 Myrtle Ave, Unit 2153 Myrtle Ave3BR,1BA$1.92
The Gallery on HollandDelaware2BR,2BA$2.34
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.60
96- 100 Chestnut St2 Bedroom2BR,1BA$1.82
20 Park Residences1 Bed1BR,1BA$2.14
90 Swan1BD1BR,1BA$2.71
Willett ApartmentsStudioStudio ,1BA$3.90

Frequently Asked Questions about Capitol Hill

What type of rentals are currently available in Capitol Hill?

There are currently 158 Apartments for Rent in Capitol Hill, NY with pricing that ranges from $1,000 to $3,495. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capitol Hill ranging from $1,250 to $2,094.

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 $1,250 to $2,094 with an average monthly rent of $1,533.

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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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.