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.

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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 142 Morton Ave priced from $850. 252 state street has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Mount Hope apartments for rent in Albany, NY:

Apartment ListingModel NameBed/BathPriced From
142 Morton AveStudio, 1 BathroomStudio,1BA$850
252 state streetStudio, 1 BathroomStudio,1BA$900
338 Hudson streetStudio, 1 BathroomStudio,1BA$950
Park Row and New Scotland Gardens ApartmentsPark Row 1 Bedroom1BR,1BA$1,099
The AmsdellStyle AStudio,1BA$1,130

Best Value Apartments for Rent in Mount Hope, NY

As of June 04, 2025 the best value apartment in the Mount Hope area is the $0.84 price per square foot The James Model at 44 James in the in the Melrose neighborhood starting from $1,895. The second greatest value Mount Hope apartment is the 427 Hamilton St Model at 427 Hamilton St, Unit 2 and 3rd Floor starting at $2,000 with a $1.00 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 ListingModel NameBed/BathPrice Per Sq.Ft.
44 JamesThe James2BR,1BA$0.84
427 Hamilton St, Unit 2 and 3rd Floor427 Hamilton St4BR,2.5BA$1.00
327 Hudson Ave, Unit Apartment #1327 Hudson Ave2BR,2.5BA$1.18
Hinckel Brewery Development LLC1BR/1.0BA1BR,1BA$1.43
412 Broadway33/341BR,1.5BA$1.31
99 Pine Street1BR/1.0BA1BR,1BA$1.42
208 Myrtle Ave, Unit #2208 Myrtle Ave1BR,1BA$1.35
241 Elm St, Unit 241 #1241 Elm St1BR,1BA$1.44
239 Elm St, Unit 239 #2239 Elm St1BR,1BA$1.38
150 Lark St, Unit Garden150 Lark St1BR,1BA$1.25

Quick Rent Budget Calculator

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Frequently Asked Questions about Mount Hope

What type of rentals are currently available in Mount Hope?

There are currently 526 Apartments for Rent in Mount Hope, NY with pricing that ranges from $900 to $4,330. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mount Hope ranging from $885 to $2,500.

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 $885 to $2,500 with an average monthly rent of $1,563.

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 $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $1,850.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.