Cheap Homes for Rent in Mount Hope Neighborhood of Albany, NY from $800 (12 Rentals)

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

Mount Hope, Albany, NY Local Guide

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 ListingModel NameBed/BathPriced From
252 state streetStudio, 1 BathroomStudio,1BA$850
142 Morton AveStudio, 1 BathroomStudio,1BA$850
@HudsonPark0BR/1.0BAStudio,1BA$1,100
325 State StreetStudio, 1 BathroomStudio,1BA$1,115
The KnickStudio BStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
8 Madison Pl2nd Floor1BR,1BA$0.97
287 State StUnit 3F2BR,1BA$1.16
356 Hamilton St, Unit 1356 Hamilton St3BR,2.5BA$1.60
33 Morris St, Unit 233 Morris St3BR,1BA$1.34
The EleftheriaSia2BR,2BA$1.48
412 Broadway33/341BR,1.5BA$1.31
Woodhill ApartmentsLansing2BR,1.5BA$1.57
65 Ten Eyck Ave, Unit 165 Ten Eyck Ave3BR,1BA$1.57
Hinckel Brewery Development LLC2BR/1.0BA2BR,1BA$1.58
49 Broadway, Unit floor 249 Broadway1BR,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.

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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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.