Cheap Apartments for Rent in Albany, IL from $300 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Albany.

close
View Me
73 Manor Dr
from $8752 Bedroom Apartments Available Now

73 Manor Dr

73 Manor DrPark View, IA 52748
Cost Per Sq.Ft.
  • Verified
  • Customer Reviewed
  • Utilities Inc.
close
View Me
Tallgrass Townhomes
1 to 3 Bedroom Apartments

Tallgrass Townhomes

1311 7th StDe Witt, IA 52742
  • Utilities Inc.
close
View Me
Crow Creek Apartments
1 to 3 Bedroom Apartments

Crow Creek Apartments

5067 Devils Glen RdBettendorf, IA 52722
  • Utilities Inc.
Showing Results 1-31, Page 1 of 1

Albany, IL Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, IL is a Studio unit found at Riverside Apartments and Townhomes priced from $525. Roosevelt School Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $570. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverside Apartments and TownhomesStudioStudio,1BA$525
Roosevelt School Apartments1 bedroom1BR,1BA$570
443 2nd Ave D1 BA /1 BR1BR,1BA$650
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$669
Washington Senior ApartmentsStudioStudio,1BA$695
Jersey MeadowsOne Bedroom Large (Top Floor)1BR,1BA$740
Indian Ridge ApartmentsStudioStudio,1BA$810
Williamsburg Apartments2 Bedroom2BR,1BA$825
Eagle Ridge Apartments1BR/1.0BA1BR,1BA$825
Windsor Crest Apartments1 Bedroom1BR,1BA$840

Best Value Apartments for Rent in Albany, IL and Nearby

As of March 10, 2025 the best value apartment in the Albany area is the $1.04 price per square foot 3 Bedroom Home Model at Links at Pebble Creek in the in the Outer Davenport Bettendorf neighborhood starting from $2,700. The second greatest value Albany apartment is the 2 bedroom Model at Roosevelt School Apartments starting at $1,000 with a $1.00 price per square foot . Here is today’s list of the best values for Albany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Links at Pebble Creek3 Bedroom Home3BR,2BA$1.04
Roosevelt School Apartments2 bedroom2BR,1.5BA$1.00
Cottage Bluff Apartments2-Bedroom2BR,1BA$1.02
73 Manor Dr2 Bedroom2BR,1BA$0.92
Chateau Knollstmrtz2BR,2BA$1.18
Eagle Ridge Apartments2BR/1.0BA2BR,1BA$0.95
Old Orchard Estates2 Bed 1 Bath2BR,1BA$1.10
Kimberly Club Apartments1 Bed 1 Bath Medium1BR,1BA$1.22
443 2nd Ave D1 BA /1 BR1BR,1BA$1.00
Pine View1 Bedroom 1 Bath Efficiency1BR,1BA$1.12

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albany, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Albany, IL

View MapAlbany, IL Apartments MapView MapAlbany, IL Rental Homes Map

Getting Around Albany, IL

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

36 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Albany Apartments

What is the Cheapest Studio apartment in Albany?

Currently the most affordable Cheap Studio Apartment in Albany is at Riverside Apartments and Townhomes listed at $525.

How much is rent for a Cheap One Bedroom Albany Apartment?

The lowest price for a Cheap One Bedroom Albany Apartment is $570 at Roosevelt School Apartments.

What is the lowest price for a Cheap Two Bedroom Albany Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Albany is starting from $775 at Riverside Apartments and Townhomes.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Pine View and starts from $969.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.