5+ Days Ago
Location
240 Elm St, Albany, NY 12202, USA|Capitol Hill
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DBO Property Management
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Property Overview
Strong value for money, nearby top-rated middle and high schools, and an above-average number of photos make it easy to evaluate and compare. Pet owners benefit from no breed or pet restrictions, a nearby dog park, and multiple pet services close by. A vibrant social scene is supported by numerous restaurants, event hubs, cultural venues, and entertainment options within a short distance.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Middle school nearby- Less expensive
- High school nearby
Great for
Social life
Pet owners
Amenities for 240 Elm St, Capitol Hill
Apartment Amenities
| Water |
Building
| Cats OK |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Allowed
Limit1
Questions about this property’s policies and fees?
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About 240 Elm St
Sweet deal!
This listing is 27% below the median price for 1 bedroom apartments in Capitol Hill.
240 Elm St cost $1,050 per month. Located at 240 Elm St, Albany, NY 12202, USA, this unit has 1 bedroom and 1 bathroom. Based on the average rent price of 1 bedroom in Albany, renting this apartment is 22% cheaper per month.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 240 Elm St, Albany, NY 12202, USA compares to other nearby properties.
Positives
- Middle school nearby
- There is a middle school 0.2 mile away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Neighborhood | Capitol Hill |
|---|---|
| Zip code | 12202 |
| Type | Apartment for rent |
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Rent trends in Capitol Hill
1-bedroom apartments at 240 Elm St cost about 27% less than the average rent price for 1-bedroom apartments in Albany.
Median rents as of May 30 2026.
Capitol Hill
Albany
| Month | Median Rent |
|---|---|
| June 2024 | $1,250 |
| July 2024 | $1,256 |
| August 2024 | $1,225 |
| September 2024 | $1,248 |
| October 2024 | $1,294 |
| November 2024 | $1,307 |
| December 2024 | $1,299 |
| January 2025 | $1,335 |
| February 2025 | $1,374 |
| March 2025 | $1,309 |
| April 2025 | $1,262 |
| May 2025 | $1,257 |
| June 2025 | $1,281 |
| July 2025 | $1,330 |
| August 2025 | $1,329 |
| September 2025 | $1,295 |
| October 2025 | $1,300 |
| November 2025 | $1,302 |
| December 2025 | $1,250 |
| January 2026 | $1,278 |
| February 2026 | $1,279 |
| March 2026 | $1,337 |
| April 2026 | $1,392 |
| May 2026 | $1,355 |
| Month | Median Rent |
|---|---|
| June 2024 | $1,241 |
| July 2024 | $1,218 |
| August 2024 | $1,205 |
| September 2024 | $1,243 |
| October 2024 | $1,249 |
| November 2024 | $1,175 |
| December 2024 | $1,393 |
| January 2025 | $1,281 |
| February 2025 | $1,243 |
| March 2025 | $1,182 |
| April 2025 | $1,119 |
| May 2025 | $1,150 |
| June 2025 | $1,487 |
| July 2025 | $1,600 |
| August 2025 | $1,370 |
| September 2025 | $1,246 |
| October 2025 | $1,234 |
| November 2025 | $1,172 |
| December 2025 | $1,238 |
| January 2026 | $1,298 |
| February 2026 | $1,295 |
| March 2026 | $1,322 |
| April 2026 | $1,383 |
| May 2026 | $1,455 |
Affordability calculator
Can I afford to live at 240 Elm St?
Bedrooms
1 bedroomRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$42,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $42,000 annually to afford this 1-bedroom monthly rent price of $1,050.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $1,030 | 1 bed | 1 bath | ||
| 1 year ago | $1,030 | 1 bed | 1 bath | ||
| 4 years ago | $950 | 1 bed | 1 bath |
Schools near 240 Elm St
Sheridan Preparatory Academy
400 sheridan ave
albany, NY, 12206
PK, K-5Public
C
Giffen Memorial Elementary School
274 s pearl st
albany, NY, 12202
PK, K-5Public
C
Delaware Community School
43 bertha st
albany, NY, 12209
PK, K-5Public
C
Arbor Hill Elementary School
1 arbor dr
albany, NY, 12207
PK, K-5Public
C
Philip J. Schuyler Achievement Academy
676 clinton ave
albany, NY, 12206
PK, K-5Public
C
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Internet available near 240 Elm St
Getting around Albany near 240 Elm St
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
6/10
This area is accessible to thoroughfares and has ample parking options.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
8/10
Popular public transit options are just a short walk from this location.
Points of interest for 240 Elm St, Albany
Groceries
9/10
At least one supermarket within a 10-minute walk
Shopping
3/10
Some shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
Variety of restaurants within a few minutes' walk
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
10/10
At least one high school within a 5-minute walk
Parks
8/10
Very large amount of park space within a few minutes' walk
Nightlife
5/10
Some bars within a few minutes’ walk
Other units at this address
240 Elm St, Albany, NY
240 Elm St Albany, NY
Occupied
1
1 Bed
1 Bath
$950
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