
Cheap Homes for Rent in Albany, IL from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.


151 6th St

149 6th St

9644 N 2150th Ave

146 8th St

1319 19th St

1373 23rd St
Albany, IL Local Guide

How much does it cost to rent a home in Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albany 2 Bedroom Homes for Rent | $1,366 | $700 | $2,100 |
Albany 3 Bedroom Homes for Rent | $2,252 | $1,300 | $3,500 |
Albany 4 Bedroom Homes for Rent | $2,540 | $1,800 | $3,000 |
Albany 5 Bedroom Homes for Rent | $4,125 | $1,350 | $6,800 |
Browse Top Homes for Rent in Albany
Explore Albany
Albany, IL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Riverside Apartments and Townhomes | Studio | Studio,1BA | $525 |
Roosevelt School Apartments | 1 bedroom | 1BR,1BA | $570 |
Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $669 |
Best Value Apartments for Rent in Albany, IL and Nearby
As of March 25, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Links at Pebble Creek | 3 Bedroom Home | 3BR,2BA | $1.04 |
Roosevelt School Apartments | 2 bedroom | 2BR,1.5BA | $1.00 |
Cottage Bluff Apartments | 2-Bedroom | 2BR,1BA | $1.02 |
73 Manor Dr | 2 Bedroom | 2BR,1BA | $0.92 |
Eagle Ridge Apartments | 2BR/1.0BA | 2BR,1BA | $0.95 |
Old Orchard Estates | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
Kimberly Club Apartments | 1 Bed 1 Bath Medium | 1BR,1BA | $1.22 |
443 2nd Ave D | 1 BR/ 1 BA | 1BR,1BA | $1.08 |
Pine View | 1 Bedroom 1 Bath Efficiency | 1BR,1BA | $1.12 |
Jersey Meadows | One Bedroom Large (Ground Floor) | 1BR,1BA | $1.25 |
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Frequently Asked Questions about Albany
What type of rentals are currently available in Albany?
There are currently 43 Apartments for Rent in Albany, IL with pricing that ranges from $525 to $4,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $700 to $6,800.
What is the current price range for Rental Homes in Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albany ranges from $700 to $6,800 with an average monthly rent of $2,726.
How much are larger Three and Four Bedroom Rentals in Albany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albany range from $969 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,195.
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.

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.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
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.

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.

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.