Cheap Apartments for Rent in Albany, KY from $500 (31 Rentals)

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

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Governors Place
2 to 3 Bedroom Apartments

Governors Place

115 Governors Place LnLivingston, TN 38570
  • Utilities Included
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Magnolia Terrace
1 Bedroom Apartments

Magnolia Terrace

222 Broad StJellico, TN 37762
Senior Living
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property at 74 Sycamore Loop

74 Sycamore Loop

CampbellsvilleKY42718
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508 E Broad St
1 Bedroom Apartments

508 E Broad St

508 E Broad StCookeville, TN 38501
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Albany, KY Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, KY is a 1 Bed unit found at Mason Greene priced from $548. Cypress Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mason Greene1 Bedroom Apartment1BR,1BA$548
Cypress Creek Apartments1 Bedroom1BR,1BA$710
River Glow ApartmentsOne Bedroom / On Bath1BR,1BA$735
University TowersStudios1BR,1BA$800
Hillview Terrace Apartments1-bedroom1BR,1BA$850
The Bunkers at Oak RidgeOne Bedroom - One Bath1BR,1BA$900
Silver Springs1 Bed, 1 bath1BR,1BA$900
Eagle VillageStudioStudio,1BA$925
Willow Park ApartmentsEagle2BR,1BA$930
The Grasslands2 Beds, 1 bath2BR,1BA$950

Best Value Apartments for Rent in Albany, KY and Nearby

As of April 16, 2025 the best value apartment in the Albany area is the $0.92 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,650. The second greatest value Albany apartment is the Two BR Model at Eagle Creek Apartments starting at $1,000 with a $0.80 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.
Copper Springs by Meadows PropertiesSpringfield II3BR,2.5BA$0.92
Eagle Creek ApartmentsTwo BR2BR,2BA$0.80
Royce Hill- Income Restrictions ApplyThree Bedroom3BR,2BA$0.92
The Bellevue at 10452B2BR,2BA$1.12
The Grasslands3 Beds, 1 bath3BR,1BA$0.95
New Construction--2 Bed 2 Bath2BR/2.0BA2BR,2BA$1.10
Fry Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Teller Village Apartments2 Bedroom2BR,2BA$1.11
Mason Greene3 Bedroom Townhouse3BR,1.5BA$1.09
Cypress Creek Apartments1 Bedroom1BR,1BA$1.00

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Albany, KY

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Getting Around Albany, KY

Walk Score®

21 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 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

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

The lowest price for a Cheap One Bedroom Albany Apartment is $548 at Mason Greene.

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 $785 at River Glow Apartments.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Mason Greene and starts from $869.

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.

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Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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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.

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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.