
Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $800 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Hope area of Albany.


418 Delaware Ave

97 3rd Avenue

147 Eagle St

115 Morris St

18 Second Ave
Mount Hope, Albany, NY Local Guide

How much does it cost to rent a home in Mount Hope?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Mount Hope 2 Bedroom Homes for Rent | $1,655 | $1,200 | $2,200 |
Mount Hope 3 Bedroom Homes for Rent | $1,808 | $1,450 | $2,390 |
Mount Hope 4 Bedroom Homes for Rent | $2,145 | $1,675 | $2,450 |
Mount Hope 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Homes for Rent in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Mount Hope Neighborhood of Albany, NY.
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Mount Hope, Albany, NY Local Guide
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Cheapest Available Mount Hope Apartments for Rent
 The cheapest available apartment rental in the Mount Hope area of Albany, NY is a Studio unit found at 252 state street priced from $850. 142 Morton Ave has the second lowest priced unit, which is a Studio apartment currently listed from $850. Here are the most affordable Mount Hope apartments for rent in Albany, NY:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
252 state street | Studio, 1 Bathroom | Studio,1BA | $850 |
142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $850 |
@HudsonPark | 0BR/1.0BA | Studio,1BA | $1,100 |
325 State Street | Studio, 1 Bathroom | Studio,1BA | $1,115 |
The Knick | Studio B | Studio,1BA | $1,120 |
Best Value Apartments for Rent in Mount Hope, NY
As of July 28, 2025 the best value apartment in the Mount Hope area is the $0.97 price per square foot 2nd Floor Model at 8 Madison Pl in the in the Mount Hope neighborhood starting from $1,935. The second greatest value Mount Hope apartment is the Unit 3F Model at 287 State St starting at $1,735 with a $1.16 price per square foot in the Arbor Hill neighborhood. Here is today’s list of the best values for Mount Hope apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
8 Madison Pl | 2nd Floor | 1BR,1BA | $0.97 |
287 State St | Unit 3F | 2BR,1BA | $1.16 |
356 Hamilton St, Unit 1 | 356 Hamilton St | 3BR,2.5BA | $1.60 |
33 Morris St, Unit 2 | 33 Morris St | 3BR,1BA | $1.34 |
The Eleftheria | Sia | 2BR,2BA | $1.48 |
412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
Woodhill Apartments | Lansing | 2BR,1.5BA | $1.57 |
65 Ten Eyck Ave, Unit 1 | 65 Ten Eyck Ave | 3BR,1BA | $1.57 |
Hinckel Brewery Development LLC | 2BR/1.0BA | 2BR,1BA | $1.58 |
49 Broadway, Unit floor 2 | 49 Broadway | 1BR,1BA | $1.53 |
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Frequently Asked Questions about Mount Hope
What type of rentals are currently available in Mount Hope?
There are currently 528 Apartments for Rent in Mount Hope, NY with pricing that ranges from $900 to $4,330. There are also 57 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hope ranging from $850 to $3,995.
What is the current price range for Rental Homes in Mount Hope?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mount Hope ranges from $850 to $3,995 with an average monthly rent of $2,057.
How much are larger Three and Four Bedroom Rentals in Mount Hope?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mount Hope range from $1,215 to $2,475, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,390. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $1,650.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.