$278,416Average Value$160Average Price per Sq Ft3Homes For Sale
Perched above the Hudson River
Walking up the steep, mile-long incline from historic downtown Troy to the top of Prospect Park, it’s easy to understand why locals call their neighborhood The Hill. Located a few blocks east of the Hudson River, The Hill is home to Rensselaer Polytechnic Institute, a private research university and the oldest technological university in the Western Hemisphere. Rensselaer occupies 265 acres at the center of the neighborhood, bracketed to the north and south by small residential communities. “It’s definitely a college-town neighborhood, which brings a lot of energy and culture,” says James Perniciaro, an Associate Broker with Heer Realty and a top salesperson in the Capital Region. “Most of the residents are renters, but this keeps the prices of the single-family homes lower than in surrounding areas.”
Turn-of-the-century housing
Much of the inventory within The Hill’s diverse housing market is geared towards investors, including investment-generating rental properties and older fix-and-flip single-family homes. Investment properties consist of turn-of-the-century Victorian and colonial duplexes with multi-level front-facing decks, Federal-style rowhouses and newly remodeled homes subdivided into multiple rental units. Over 70 percent of The Hill’s residents rent their homes – a mix of residents and off-campus RPI students – but single-family homes often become available, including three-story Victorians with wrap-around porches and American Foursquare homes, most of which were built between 1890 and 1920. Single-family homes typically sell for $150,000 to $250,000, while investment properties can sell for upwards of $400,000.
Colorful brownstones in The Hill add charm and vibrance to the neighborhood.
Double porches are common on homes in The Hill.
Family homes in The Hill are welcoming and have space for the kids to play.
A row of homes on a hill in The Hill section of Troy.
1/4
Charming European-style eateries
The Hill is within walking distance of several bars and restaurants, but locals must drive east on Hoosick Street or use public transportation to access supermarkets like ALDI and Hannaford. De Bonis convenience store offers snacks, daily essentials and homemade deli sandwiches, and several other upscale markets are available along 4th Street in downtown Troy. Breakfast is served at Mumu’s Pastry and Cafe, a family-run bakery serving pastries, gourmet paninis, breakfast bagels and homemade European desserts. The neighborhood’s most popular restaurant is The Hill Beer & Wine Garden, a Polish and American eatery with a charming European-style hidden garden outdoor space modeled after a cozy ski lodge. Restaurant Guru awarded The Hill Beer & Wine Garden the top prize for “Best Atmosphere” and “Best Outdoor Seating” in 2021. Locals visit The Hudson River Commons or the locally owned boutiques in nearby downtown Troy for retail shopping.
Amante Pizza is a small yet very popular pizzeria in The Hill.
Oh Corn! is a popular Venezuelan restaurant a few blocks from The Hill.
Fresh empanadas and arepas from Oh Corn! near The Hill.
1/3
Top Troy schools
Students in The Hill attend Troy City Schools, typically beginning their education at Troy School 14, a B-rated school on Niche with a student-teacher ratio of 9-to-1. From there, students move to Troy Middle School – a B-minus-rated school on Niche – and Troy High School, a B-rated school on Niche with an average SAT score of 1170. Graduates of Troy High School regularly attend prestigious local universities like Syracuse and NYU.
PS 14 in The Hill is where students start their education journey.
Troy Middle School bridges the gap to high school for students of The Hill section of Troy.
Schools in The Hill section of Troy sprawl for blocks and feature classic architecture.
1/3
Prospect Park draws people from across the city
Prospect Park is the jewel of the Troy Parks System, an 80-acre park atop Mount Ida providing breathtaking panoramic views of the Hudson River Valley that stretch nearly 20 miles in all directions. Visitors come to Prospect Park to observe the rare species of beech and magnolia trees along winding nature trails, play sports in one of the many fields and courts spanning the park’s 80 acres, cool off in the splash pad, or meet friends for a picnic and playdate at the playground. Beman Park sits at the heart of the neighborhood, and the city recently approved a $1.1 million makeover for the 144-year-old park, with plans for a dog park, pedestrian trails and a permanent spot for the park’s Putnam Grounds monument dedicated to the Troy Trojans, a Major League Baseball team from 1879 to 1882 most famous for hitting the first ever Grand Slam home run, and most infamous for once playing in a game attended by only six fans, the lowest attendance ever recorded at a Major League game.
Sage Park in The Hill is a historic park.
The Hill of Troy New York at dusk.
One of the many historical statues at Sage Park in The Hill.
1/3
Public transit to the capital city
Located only minutes east of downtown Troy, The Hill rests atop Mount Ida on the banks of the Hudson River less than 10 miles north of Albany’s business district, a commute that takes only 15 minutes via Interstate 787. Residents enjoy convenient access to public transportation from the bus stops lining Hoosick Street and the connecting roads, and the Albany-Rensselaer Amtrak Station provides direct access to Boston and New York.
Local buses are convienent for getting across town in The Hill.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Are you familiar with the The Hill neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
The Hill
US
Homicide
6
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
4
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
The Hill Demographics and Home Trends
On average, homes in The Hill, Troy sell after 33 days on the market compared to the national average of 55 days. The median sale price for homes in The Hill, Troy over the last 12 months is $255,000, up 12% from the median home sale price over the previous 12 months.
RPI Investor's Dream *** A 3 Family with a 5-bedroom, 4 bedroom and 1-bedroom apt. 1 Car garage with additional income and parking for up to 6 cars, 1 block from Campus. Potentially $7,000 of monthly income at full occupancy. Currently, $4135 at partial occupancy. Updated windows, roofs, kitchens, appliances, and 3 Washers, 3 Dryer's.Tin ceilings, ornamental fireplaces and furnishedYou'll
Rare opportunity to own a fully renovated, side-by-side duplex in a prime Troy location with strong rental demand. While the property is not currently operated as student housing, it's ideally situated for RPI rentals and offers excellent upside for investors seeking stable long-term tenants or higher-yield room-by-room leasing. This well-maintained building was completely gutted and renovated in
Welcome to this beautifully renovated 5-bedroom, 2 full bathroom single-family home with a private garage, offering the perfect balance of modern upgrades and everyday comfort. Located in a quiet, established neighborhood within walking distance to Rensselaer Polytechnic Institute (RPI)—one of the nation's premier technological research universities—this property is ideally positioned for both
Recently renovated 5-bedroom property ideally located near RPI. This versatile home offers an excellent opportunity for student rental investment or owner occupancy. Features include a brand-new kitchen, fully updated interior, and four off-street parking spaces—a rare find in the area. Renovations throughout provide modern finishes while maintaining functionality and strong rental appeal.
Well-maintained fully occupied duplex located in a desirable Troy neighborhood. This income-producing property features large units with strong rental income, long-term tenants, and a private driveway for off-street parking. Enjoy a spacious backyard, ideal for tenant use or added value potential. Situated in a great area with consistent rental demand, this property is perfect for investors or
Great exposure former Jiffy Lube location! Hoosick street commercial property (Vacant lot) located on the the north side of Hoosick St with egress and aggress from both 8th and 9th streets by traffic light at the base of the Collar City Troy Bridge. Hoosick St's height traffic volume +/-60k vehicles per day is ideal location for professional office, small contractor, automotive, drive thru
Welcome to 1105 Hutton St, a fully occupied two-unit property offering immediate cash flow and low-maintenance ownership. This well-kept fully rented building features a new roof, various improvements, and near RPI is perfect for both seasoned investors and those just entering the rental market. Don't miss your chance to own a hassle-free, income-producing asset in a growing area of Troy! Can be
Karen Zalewski-WildzunasBerkshire Hathaway Home Services Blake
Discover an excellent opportunity at 23-25 Prospect Ave, a fully occupied four-unit building offering immediate, reliable cash flow. This well-maintained property features a new roof, updated essentials, and strong rental history ideal for hands-off ownership. Located just minutes from RPI, the building is perfectly positioned for continued long-term tenants or future student rental potential. A
Karen Zalewski-WildzunasBerkshire Hathaway Home Services Blake
Great RPI student rental property with additional retail space and 5 garages. The net operating income as of April 2026 will be $37,482 per year. Property is in excellent condition, with H.W. floors throughout. Kitchen totally updated with new appliances. Off street parking, a great investment property. Contact the listing agent for details and showings.
RPI: Student Rental Only.Spacious 1st-floor apartment available in Troy offering 1,770 sq ft of living space. This well-maintained unit features 4 bedrooms and 2 full bathrooms, all conveniently located on one level. Ideal for shared living, with an effective cost of approximately $700 per bedroom. The apartment includes a formal dining room, large living room, and a functional kitchen equipped
RPI Student Rental Only. Spacious 1st-floor apartment available in Troy offering 1,770 sq ft of living space. This well-maintained unit features 4 bedrooms and 2 full bathrooms, all conveniently located on one level. Ideal for shared living, with an effective cost of approximately $700 per bedroom. The apartment includes a formal dining room, large living room, and a functional kitchen equipped
Property Id: 2450885STUDENT HOUSING-Fully furnished 2-bedroom apartment is ideal for students seeking a comfortable and convenient living space. The apartment includes all essential furniture, providing a hassle-free move-in experience. Each bedroom is equipped with a bed, and desk, perfect for study and relaxation.Key Features Included in price of rent:Furnished: The apartment
Available AUGUST 1 FULLY FURNISHED Utilities of heat, hot water, rubbish removal, electric, basic internet INCLUDED. 3 BDR 1BA, lots of light! Easy access to bus line and nearby Downtown Troy's entertainment, dining and businesses. No smoking. No pets. Coin operated laundry on premises. On street parking. Small backyard area that is shared with residents living in the building.
First floor, 3 bedroom apartment for rent beginning June 1st! Located near RPI. In unit washer adn dryer. Rent includes water, sewer, garbage, snow removal, and lawn care. No dogs. Inquire today!
277 Congress Street, Troy - Third-Floor 3BR Apartment Perfect for RPI students, visiting scholars, or faculty. This fully furnished three-bedroom apartment is ideal for a group of three, but individual leases are also available. Features: 1. Back porch and off-street parking available 2. In-unit Central air and heating HVAC system 3. Enjoy a beautifully furnished living experience with everything
Recommended for RPI StudentsLocated right across the street from RPI’s campus and in close proximity to the athletic fields and hockey arena, we have a variety of apartment options available for rent.
277 Congress Street, Troy - Third-Floor 3BR Apartment Perfect for RPI students, visiting scholars, or faculty. This fully furnished three-bedroom apartment is ideal for a group of three, but individual leases are also available. Features: 1. Back porch and off-street parking available 2. In-unit Central air and heating HVAC system 3. Enjoy a beautifully furnished living experience with everything
RPI STUDENT HOUSING - FURNISHED - 10 MIN, FLAT WALK TO CAMPUS DRIVEWAY PARKING, YARD, LAUNDRY, ACSeparate front door entrance with large, covered front porch. The unit includes: a front hall with large closet, a living room, a dining room with built-in shelving, a fully renovated bathroom, a fully renovated eat-in kitchen, and 3 bedrooms with walk-in closets. Additionally, the unit
Newly renovated 3 to 4 bedroom flat located in close proximity to RPI, Russell Sage and downtown Troy. Open to college students at $650 per bedroom. Interior offers kitchen with granite countertops and new stainless-steel appliances, tiled bathroom, laundry hookups, side deck, front covered porch and fenced rear yard. Available for immediate occupancy! Potential for off street parking. Rental
Recommended for RPI StudentsLocated right across the street from RPI’s campus and in close proximity to the athletic fields and hockey arena, we have a variety of apartment options available for rent.
Newly renovated 3 to 4 bedroom flat located in close proximity to RPI, Russell Sage and downtown Troy. Open to college students at $650 per bedroom. Interior offers kitchen with granite countertops and new stainless-steel appliances, tiled bathroom, laundry hookups, side deck, front covered porch and fenced rear yard. Available for immediate occupancy! Rental application, security deposit,
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
