Cheap Apartments for Rent in Albany, IN from $300 (14 Rentals)

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Cheap Apartments in Albany.

Navigating the Rental Market: Tips for First-Time Renters

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Normandy Apartments
1 Bedroom Apartments

Normandy Apartments

3015 W Bethel AveMuncie, IN 47304
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Showing Results 1-14, Page 1 of 1

Albany, IN Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $510. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Haven4x44BR,4BA$510
Yugo Muncie Varsity House3 Bed, 3 Bath Classic Renovated3BR,3BA$549
ApplegateStudioStudio,1BA$695
Harter House Anderson LLCRoseStudio,1BA$749
North Pointe Commons1BR/1BA1BR,1BA$775

Best Value Apartments for Rent in Albany, IN and Nearby

As of May 06, 2025 the best value apartment in the Albany area is the $0.62 price per square foot 2BD/2BA Furnished Premium Model at University Village in the in the Westacres neighborhood starting from $810. The second greatest value Albany apartment is the 3x1.5 R Model at Canterbury Townhomes starting at $1,318 with a $1.01 price per square foot in the Westacres neighborhood. 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.
University Village2BD/2BA Furnished Premium2BR,2BA$0.62
Canterbury Townhomes3x1.5 R3BR,1.5BA$1.01
The Latitude3 Bed 2 Bath Apartment - Premium3BR,2BA$1.00
Granton Place Apartments2 bedroom Flats2BR,1BA$0.86
FIELDCREST APARTMENTS2 bedroom2BR,1BA$0.88
Hoosier Woods Apartments2x2 60%2BR,2BA$1.06
Yugo Muncie Varsity House2 Bed, 2 Bath Renovated2BR,2BA$0.88
Turnberry Square Apartments2 bed/2 bath2BR,2BA$1.19
6301 W Kilgore Ave1 Bed, 1 Bath1BR,1BA$1.18
Orchard Apartments2 Bedroom Standard2BR,1BA$1.31

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

Explore Albany, IN Rentals by Map

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See the most popular apartments and homes in Albany, IN

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Getting Around Albany, IN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 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 Applegate listed at $695.

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

The lowest price for a Cheap One Bedroom Albany Apartment is $775 at North Pointe Commons.

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 $670 at The Haven.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at The Haven and starts from $545.

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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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

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.