$278,248Average Value$169Average Price per Sq Ft4Homes 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.
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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.
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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.
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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.
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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 24 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 $245,000, up 1% from the median home sale price over the previous 12 months.
539 Congress Street is a fully leased, by-the-bedroom student rental on The Hill in Troy, a 2-minute walk to RPI Campus Commons. All nine furnished bedrooms are leased for the 2026-27 academic year at $5,690/month ($68,280/year) across nine individual leases, meaning day-one cash flow. At the $475,000 ask, the property trades at a 10.0% in-place cap rate ($52,778 per bed), a 7.0x GRM, and a 1.76x
OPEN HOUSE Sunday 11am- 12:30 PRICE REDUCED! Welcome to 2208 12th Street, Troy, where modern renovations meet an unbeatable location just two blocks from Rensselaer Polytechnic Institute (RPI). Samaratan Hospital and Russel Sage.Completely gutted and rebuilt with permits, this turnkey home offers the quality, efficiency, and peace of mind of new construction while maintaining the charm of
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. New Roof installed by Pinnacle Roofing (July 2026) Contact the listing agent for details and
Price Drop! Has always been and RPI rental and well maintained. Furnished and ready for next semester. 1St floor students paying $750. each in the 2-bedroom apt. Apt 2 is a bi level apt with 5 bedrooms and was rented up till the end of the school year May 2026, at $600.00 each bedroom. Bring in $4500 a month with little effort. Driveway will hold up to 4 cars and plenty of street parking.
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
**MOTIVATED SELLER* Welcome to this inviting 3-bedroom, 1.5-bath home offering a solid foundation with thoughtful updates already in place. Enjoy peace of mind with a brand-new roof and electrical panel, both just 2 months old, along with an updated and recently serviced furnace. The home also features a refreshed kitchen and a beautifully refinished classic bathtub, blending modern updates with
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
A Motivated seller makes this something that you will want to add to your portfolio! -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. Updated windows, roofs, kitchens, appliances, and 3 Washers, 3 Dryer's.Tin
Looking for a charming bungalow with flexible living space and a spacious corner lot? Welcome to 140 11th Street, where classic details meet modern style just blocks from Samaritan Hospital, Rensselaer Polytechnic Institute, downtown Troy dining, shopping, and neighborhood parks. The first floor features an open living and dining area with wide pine floors, a decorative fireplace, and a galley
Great RPI Rental neighborhood Jacob & 14th area! This simple to maintain 2 Family has always been rented and has new leases at $1450 month plus tenants pay gas and electric thru June 30, 2027. First & Second floor units are currently 2 bedrooms w/office/study each. Nice entry level 1st time RPI Investor property or nice addition to any current RPI Investor Portfolio!
Excellent income-producing 3-family property ideally located within walking distance of Rensselaer Polytechnic Institute (RPI). Currently utilized as student housing, this well-maintained property offers 12 bedrooms and strong rental potential, making it an attractive opportunity for investors looking for a proven money-maker in a highly desirable student rental market. The property features
Pierre-Luc Létourneau LeblondColdwell Banker Prime Properties
Amazing opportunity to own a cash flowing 7 unit in a great neighborhood across the street from Beman Park. Situated on a double lot with opportunity to develop in the future. Most apartments have been renovated in the past several years in addition to a new roof. Convenient location near RPI, downtown Troy, parks, restaurants, shopping, and major highways. A solid addition to any investment
STUDENT RENTAL Rent a room Welcome to 2208 12th Street, Troy, where modern renovations meet an unbeatable location just two blocks from Rensselaer Polytechnic Institute (RPI). Samaratan Hospital and Russel Sage.Completely gutted and rebuilt with permits, this turnkey home offers the quality, efficiency, and peace of mind of new construction while maintaining the charm of an established
This move-in-ready, super private extra-large studio sits directly across from City Station. Located in a quiet, safe, RPI-occupied building, it features convenient street or private parking steps from the door on a first-come, first-served basis.HighlightsPrime Location: Directly across from City Station with easy access to the RPI campus.Extra-Large Space: A huge studio layout that gives you
This 1-bedroom, 1-bathroom apartment is available now. All utilities included. Washer & Dryer available in the unit. Backyard parking space is available. College student walking distance to RPI and RUSSELL SAGE campus. Plus, it is close to HVCC.
Freshly Renovated Apartment Modern Comfort in a Great Location near RPI.Welcome to 1815 Highland Ave, Troy, NY 12180 Unit 2 a beautifully renovated apartment that combines modern updates with comfort and convenience. Perfectly located in a quiet residential neighborhood, this home is move-in ready and designed to impress!Property Features: Fresh Renovations Recently
This 1-bedroom, 1-bathroom apartment is available now. All utilities included. Washer & Dryer available in the unit. Backyard parking space is available. College student walking distance to RPI and RUSSELL SAGE campus. Plus, it is close to HVCC.
The apartment is available now. Great location, only two minutes walking distance to RPI campus. The one bedroom at three bedroom apartment is fully furnished, with Washer & Dryer available down in the basement. Plus, it is also close to HVCC & RUSSELL SAGE.
The apartment is available now. Great location, only two minutes walking distance to RPI campus. The one bedroom at three bedroom apartment is fully furnished, with Washer & Dryer available down in the basement. Plus, it is also close to HVCC & RUSSELL SAGE.
This move-in-ready, super private extra-large studio sits directly across from City Station. Located in a quiet, safe, RPI-occupied building, it features convenient street or private parking steps from the door on a first-come, first-served basis.HighlightsPrime Location: Directly across from City Station with easy access to the RPI campus.Extra-Large Space: A huge studio layout that gives you
Freshly Renovated Apartment Modern Comfort in a Great Location near RPI.Welcome to 1815 Highland Ave, Troy, NY 12180 Unit 2 a beautifully renovated apartment that combines modern updates with comfort and convenience. Perfectly located in a quiet residential neighborhood, this home is move-in ready and designed to impress!Property Features: Fresh Renovations Recently
READY OCTOBER 1STBeautifully renovated 3-bedroom, 2-bath, first-floor apartment! Located in a freshly updated two-family home, this spacious unit features a generous living room, large dining area, and a primary bedroom with en-suite bath. Enjoy the convenience of off-street parking and easy access to highways, area colleges, and downtown Troy--just a short walk away using the scenic EMPAC
Welcome to 1213 Jacob Street, a beautifully remodeled 3-bedroom, 1-bath apartment offering modern comfort and a convenient Troy location.This move-in-ready apartment will be furnished with essential items, including bed, a couch, and a television. The thoughtfully updated interior provides a fresh, comfortable setting with plenty of space to relax, study, work from home, or
Spacious 4-bedroom, 2-bath apartment located directly across the street from RPI. The full apartment is offered at $2,800 per month, equal to $700 per person when shared by four roommates. Features include bright living areas, a separate dining space, in-unit washer and dryer, natural gas heat, and off-street parking for two vehicles. Convenient access to campus, downtown Troy, restaurants,
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