
Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $300 (12 Rentals)
Search the lowest-cost Homes available for rent right now in the Mount Hope area of Albany.


6 4th Ave, Unit #3 Rear apartment

97 3rd Avenue

199 New Scotland Ave

97 3rd Avenue
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.

5 Stephen St

253 State St

285 Washington Ave

146 Clinton St

190 Jefferson St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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 | $1,615 | $999 | $2,200 |
| Mount Hope 3 Bedroom Homes for Rent | $1,957 | $1,550 | $2,750 |
| Mount Hope 4 Bedroom Homes for Rent | $2,450 | $2,400 | $2,500 |
| Mount Hope 5 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
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 142 Morton Ave priced from $850. 336 Hudson street has the second lowest priced unit, which is a Studio apartment currently listed from $950. 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 | $850 |
| 336 Hudson street | Studio, 1 Bathroom | Studio,1BA | $950 |
| 363 state street | Studio, 1 Bathroom | Studio,1BA | $1,000 |
| 71 chestnut street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,000 |
| 252 state street | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Mount Hope, NY
As of November 09, 2025 the best value apartment in the Mount Hope area is the $1.05 price per square foot 1 Ten Broeck St Model at 1 Ten Broeck St, Unit Lower Level in the in the Arbor Hill neighborhood starting from $1,895. The second greatest value Mount Hope apartment is the Plan 508 Model at The Monroe starting at $2,385 with a $1.59 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. |
|---|---|---|---|
| 1 Ten Broeck St, Unit Lower Level | 1 Ten Broeck St | 3BR,2BA | $1.05 |
| The Monroe | Plan 508 | 2BR,2BA | $1.59 |
| 414 Broadway, Unit 201 | 414 Broadway | 1BR,1BA | $1.24 |
| Hinckel Brewery Development LLC | 1BR/1.0BA | 1BR,1BA | $1.29 |
| The Eleftheria | Sia | 2BR,2BA | $1.57 |
| 412 Broadway | 33/34 | 1BR,1.5BA | $1.31 |
| The Lofts at 733 Broadway | Unit 204 | 1BR,1BA | $1.38 |
| The Reserve at Park South | 1BR/1.0BA | 1BR,1BA | $1.52 |
| 1452 Broadway, Unit 2nd floor | 1452 Broadway | 2BR,1BA | $1.40 |
| 341 State St, Unit 1st Floor | 341 State St | 1BR,1BA | $1.56 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 #15
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 525 Apartments for Rent in Mount Hope, NY with pricing that ranges from $650 to $4,330. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hope ranging from $350 to $3,600.
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 $350 to $3,600 with an average monthly rent of $1,999.
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 $1,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $2,750. Four Bedroom Single-Family rentals are also available starting from $2,400 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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

