
Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Hope area of Albany.


559 Myrtle Ave

204 Washington Ave

110 Lark St
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.

4-6 Sheridan Ave

25 Bleecker Pl

11 Osborne St

44 Southern Blvd, Unit 1, Albany, NY
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.
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 | $1,673 | $1,150 | $2,194 |
| Mount Hope 3 Bedroom Homes for Rent | $1,937 | $1,400 | $2,500 |
| Mount Hope 4 Bedroom Homes for Rent | $2,685 | $1,500 | $5,500 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 142 Morton Ave priced from $800. 363 state street has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here are the most affordable Mount Hope apartments for rent in Albany, NY:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 142 Morton Ave | Studio, 1 Bathroom | Studio,1BA | $800 |
| 363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Mount Hope, NY
As of May 03, 2026 the best value apartment in the Mount Hope area is the $0.17 price per square foot 2nd Floor Model at 370-372 Morris St in the in the Whitehall neighborhood starting from $1,725. The second greatest value Mount Hope apartment is the House Model at 25 Besch Ave starting at $3,800 with a $1.36 price per square foot in the Whitehall 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. |
|---|---|---|---|
| 370-372 Morris St | 2nd Floor | 3BR,1BA | $0.17 |
| 25 Besch Ave | House | 4BR,4BA | $1.36 |
| 4 Harris Ave, Unit Floor 1 | 4 Harris Ave | 3BR,1BA | $1.19 |
| 6 W Erie St, Unit 6 w erie st, Albany, NY, 12208 | 6 W Erie St | 4BR,1BA | $1.31 |
| 624 Providence St, Unit 2 | 624 Providence St | 2BR,1BA | $1.24 |
| The Lofts at 733 Broadway | Unit 204 | 1BR,1BA | $1.38 |
| 69 Trinity Place | 1BR/1.5BA | 1BR,1.5BA | $1.37 |
| Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.44 |
| 78 Dove St | 78 Dove St | Studio ,1BA | $1.50 |
| 43 Elm St, Unit 3 | 43 Elm St | 1BR,1BA | $1.32 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleMount Hope, Albany, NY
Ranked #5
Among cities in New York for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Mount Hope
What type of rentals are currently available in Mount Hope?
There are currently 537 Apartments for Rent in Mount Hope, NY with pricing that ranges from $925 to $10,891. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hope ranging from $975 to $5,500.
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 $975 to $5,500 with an average monthly rent of $1,833.
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 $10,891, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,800.
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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.