Cheap Apartments for Rent in the Downtown Albany Neighborhood of Albany, CA from $1,600 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albany area of Albany.

B28
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The Village at Town Center

350 Berkeley Park Blvd

Berkeley Park Apartments
San Francisco's Best Affordable Neighborhoods
Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson
Downtown Albany, Albany, CA Local Guide

How much does it cost to rent an apartment in Downtown Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Albany Studio Apartments | $2,524 | $1,905 | $4,440 |
Downtown Albany 1 Bedroom Apartments | $2,880 | $1,673 | $3,735 |
Downtown Albany 2 Bedroom Apartments | $3,515 | $1,665 | $4,771 |
Downtown Albany 3 Bedroom Apartments | $4,882 | $2,500 | $6,595 |
Browse Apartments in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Downtown Albany Neighborhood of Albany, CA.
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Downtown Albany, Albany, CA Local Guide
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Cheapest Available Downtown Albany Apartments for Rent
 The cheapest available apartment rental in the Downtown Albany area of San Francisco, CA is a Studio unit found at The Village at Town Center priced from $1,905. Aquatic Fourth Street has the second lowest priced unit, which is a Studio apartment currently listed from $2,577. Here are the most affordable Downtown Albany apartments for rent in San Francisco, CA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Village at Town Center | The Dolce | Studio,1BA | $1,905 |
Aquatic Fourth Street | A3- 0S | Studio,1BA | $2,577 |
B28 | SA | Studio,1BA | $2,695 |
Best Value Apartments for Rent in Downtown Albany, CA
As of April 23, 2025 the best value apartment in the Downtown Albany area is the $3.21 price per square foot 909 Madison St Model at 909 Madison St, Unit A in the in the University Village neighborhood starting from $3,850. The second greatest value Downtown Albany apartment is the 3301 Santa Clara Ave Model at 3301 Santa Clara Ave, Unit 1 starting at $2,595 with a $2.65 price per square foot in the Midtown neighborhood. Here is today’s list of the best values for Downtown Albany apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
909 Madison St, Unit A | 909 Madison St | 3BR,2BA | $3.21 |
3301 Santa Clara Ave, Unit 1 | 3301 Santa Clara Ave | 2BR,1BA | $2.65 |
Berkeley Park Apartments | C1-BW | 2BR,1BA | $3.79 |
5303 Panama Ave, Unit 5303 | 5303 Panama Ave | 2BR,1BA | $2.82 |
Metro 510 | 1C | 1BR,1BA | $3.43 |
Aquatic Fourth Street | A3- 0S | Studio ,1BA | $4.63 |
URSA Berkeley | ALPHA | Studio ,1BA | $7.17 |
The Village at Town Center | The Dolce | Studio ,1BA | $5.00 |
B28 | SA | Studio ,1BA | $7.97 |
Bosco | 4B2B | 4BR,2BA | $14.36 |
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Pet Friendly LifestyleDowntown Albany, Albany, CA
Ranked #1
Among neighborhoods in Albany, CA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Albany, Albany, CA
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Albany Apartments
What is a cheap apartment in Downtown Albany?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Albany is under $3,395.
What is the price of a cheap apartment in Downtown Albany?
The cheapest apartment in Downtown Albany is The Village at Town Center which is listed at $2,270, while the average apartment in Downtown Albany costs $6,999.
What types of apartments are the cheapest in Downtown Albany?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Downtown Albany that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.