Apartments for Rent in Pine Hills, Albany, NY

Pine Hills, Albany apartment availability

Pine Hills offers a strong selection of rental listings, with nearly 98 rentals available on average each month. The neighborhood's rental market is diverse, with a mix of 1-bedroom, 2-bedroom, and 3-bedroom apartments, as well as studios. Many of these apartments offer popular amenities, including in-unit laundry, which is available in 37% of rentals. Pet owners will also find Pine Hills to be a welcoming neighborhood, with 28% of apartments allowing pets, some with restrictions. With a significant share of Albany's total listings, Pine Hills is a neighborhood worth considering for renters looking for a variety of options.

Pine Hills, Albany rental market trends

Pine Hills in Albany saw a slight decrease in average rent prices over the past year, with a monthly average of $1,523 across all bed counts and property types, representing a 1.6% year-over-year decline. Breaking it down by bed count, 1-bedrooms average around $1,120 per month, a 0.7% decrease from the previous year. In contrast, 2-bedrooms experienced a 7.1% increase, now averaging $1,375 per month. Studios, however, saw a more significant decrease of 5.6%, with an average rent of $793.

The rental market in Pine Hills tends to fluctuate throughout the year, with December typically seeing the highest rent prices, 17.4% higher than the lowest month, May. If you're looking for a new apartment, May might be a good time to find a deal. On the other hand, if you're looking to rent out a property, December may be the best time to capitalize on higher demand and prices.

Why Pine Hills, Albany is a great place to live

Pine Hills stands out as a top choice for renters prioritizing environmental sustainability and social living. According to 2024 data, apartments in Pine Hills often feature eco-friendly elements such as non-toxic paint, low-flow fixtures, and sustainable materials construction. The neighborhood's strong walk score, transit frequency, and access to parks and recreation also make it an ideal location for maintaining an environmentally conscious lifestyle. Additionally, Pine Hills' restaurant scene, safe streets, and community solar projects contribute to its appeal for renters seeking a vibrant social life. With its unique blend of eco-friendliness and social amenities, Pine Hills is an attractive option for renters looking to balance their lifestyle with their values.