The field of environmental psychology is primely placed to further understanding of the way in which social capital influences or is influenced by the context and characteristics of neighbourhood environments, but has been one of the quieter voices in the cacophony of social capital discourse over the last decade. While there is increasing research interest in area and neighbourhood variations in social capital, the mechanisms and causal pathways through which physical environments, social capital and health may be related are not yet clear. More refined unpacking of the relationship between social capital and neighbourhood design, features and settings is required to identify practical intervention points for preserving, fostering and harnessing social capital within communities. Through a review of literature, this paper explores whether there is a place for social capital in the psychology of place and considers the contribution that environmental psychology and related disciplines could make to future social capital research and applications.