$261,617Average Value$158Average 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.
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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
Interested in learning more about homes in this area?
Reach out to
Joseph Cardinale,
an experienced agent in this neighborhood.
Parks in this Area
Grafton Lakes State Park
Barker Park
Prospect Park
Sage Park
Transit
Airport
Albany International
13 min drive
Bus
120 Hoosick St
Bus
Burdett Ave & Eagle St
Bus
Ferry St & 8th St
Bus
15th St & Jacob St
Bus
Sage Ave & Troy Building
Bus
15th St & Rpi Walk Over Bridge
Bus
Sage Ave & Anderson Field
Crime and Safety
1 - Low Crime, 10 - High Crime
The Hill
US
Homicide
5
4
Sexual Assault
6
4
Assault with Weapon
5
4
Robbery
7
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
6
4
Crime Score
6
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in The Hill, Troy sell after 17 days on the market compared to the national average of 47 days. The average sale price for homes in The Hill, Troy over the last 12 months is $213,292, up 5% from the average home sale price over the previous 12 months.
Welcome to 1621 Highland Ave in Troy! This beautifully renovated property presents an outstanding investment opportunity or an ideal choice for owner-occupants seeking extra rental income. The whole house has been carefully updated to blend modern finishes with classic charm. Highlights include updated kitchens featuring stainless steel appliances, granite countertops, and refreshed bathrooms
9 Bedroom. Great investment property RPI rental area. Current leases are month to month with residential tenancies. Easy conversion to Student Rentals for June 1, 2025 to May 31, 2026 school year. Ample off street parking and two car garage.
TURN KEY RPI STUDENT RENTAL OPPORTUNITY!PRIME RPI STUDENT RENATL LOCATION JUST MINUTES FROM CAMPUS IN THE HEART OF TROYWHETHER YOURE A SEASONED INVESTOR OR LOOKING TO START YOUR PORTFOLIO, THIS PROPERTY CHECKS ALL THE BOXES FOR A RELIABLE YEAR AFTER YEAR RETURNTenants in place for upcoming school year $2400 per month
Property Id: 1834385 student rental the price is 650.00 per month per student per room .The property is within walking distance to the RPI campus. We provide assigned off street parking , The parking lot has lots of lighting and security cameras. Secured coded entry to apartments . a laundry room located on the property A community room with a pool table and ping pong and a large tv
Rooms Available in Luxury 4-Bedroom Apartment - Ideal for RPI Students, Scholars, and Faculty!Three rooms are available in a fully furnished, modern 4-bedroom, 2-bathroom apartment with central air and heating. Features include a private backyard, off-street parking, stainless-steel appliances (fridge, range, oven, microwave, dishwasher), and an in-unit washer/dryer. Just a short walk to
Property Id: 914717Charming 3 Bed 1 Bath, 2nd Floor - Student Rental in Troy - Available 6/1/2025Location: Troy, NYRent: $1725/monthLease Term: June 2025 - May 2026Amenities:- Spacious bedrooms- Modern bathroom- Freshly painted- Well-maintained- Locally owned!!Don't miss out on this great opportunity!Contact Bob at to
Interested in learning more about homes in this area?
Reach out to
Joseph Cardinale,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
5,567
Median Age
26
Population Density
13 ppl/acre
Population under 18
25.6%
On par with the national average
23.8%
Population over 65
6.3%
Below the national average
19.1%
Finances
Median Household Income
$43,955
Significantly below the national average
$71,702
Average Household Income
$70,097
Education and Workforce
High School Graduates
86.8%
College Graduates
41.2%
Above the national average
34.1%
Advanced Degrees
17.3%
% Population in Labor Force
53.7%
Below the national average
65.1%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
44''
Area Factors
Somewhat Bikeable
Bike Score®
45/ 100
Very Walkable
Walk Score®
74/ 100
Some Transit
Transit Score®
48/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
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.
