
Cheap Homes for Rent in Capitol Hill Neighborhood of Albany, NY from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Capitol Hill area of Albany.


103 Grand St, Unit 1

120 Hamilton St

52 Clinton St, Unit 3
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.

69 Alexander St

96 Grand St

166 Morton Ave

11 Osborne St
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.
Capitol Hill, Albany, NY Local Guide

How much does it cost to rent a home in Capitol Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capitol Hill 2 Bedroom Homes for Rent | $1,614 | $1,300 | $2,094 |
| Capitol Hill 3 Bedroom Homes for Rent | $1,685 | $1,375 | $1,995 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Capitol Hill Neighborhood of Albany, NY.
Explore Albany
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $800 |
| 256 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $950 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 327 Hudson Ave, Unit Apartment #1 | 327 Hudson Ave | 2BR,2.5BA | $1.13 |
| 5 Madison Pl | Garden Apartment | 2BR,2BA | $2.50 |
| 153 Myrtle Ave, Unit 2 | 153 Myrtle Ave | 3BR,1BA | $1.92 |
| The Gallery on Holland | Delaware | 2BR,2BA | $2.34 |
| Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.60 |
| 96- 100 Chestnut St | 2 Bedroom | 2BR,1BA | $1.82 |
| 20 Park Residences | 1 Bed | 1BR,1BA | $2.14 |
| 90 Swan | 1BD | 1BR,1BA | $2.71 |
| Willett Apartments | Studio | Studio ,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

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.

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.

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.

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.