Cheap Apartments for Rent in Albany, LA from $500 (10 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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Albany, LA Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, LA is a Studio unit found at Providence Club in the Livingston Parish neighborhood priced from $575. University Courtyard "Camelot" in the Livingston Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Providence ClubStudioStudio,1BA$575
University Courtyard "Camelot"Outer Courtyard1BR,1BA$700
College Town ApartmentsOne Bedroom One Bath1BR,1BA$720

Best Value Apartments for Rent in Albany, LA and Nearby

As of May 15, 2025 the best value apartment in the Albany area is the $1.04 price per square foot 3 Beds, 2 baths Model at Timber Creek Townhomes in the in the Livingston Parish neighborhood starting from $1,450. The second greatest value Albany apartment is the 3 bedroom - 1323 Sq.Ft. C Model at Reserve at Juban Lakes starting at $1,522 with a $1.15 price per square foot in the Livingston Parish 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.
Timber Creek Townhomes3 Beds, 2 baths3BR,2BA$1.04
Reserve at Juban Lakes3 bedroom - 1323 Sq.Ft. C3BR,2BA$1.15
Lions Gate2 Bedroom 2 Bath2BR,2BA$1.14
Beaumonde Apartments2 Bedroom2BR,2BA$0.95
13281 RJ DriveTwo Bedroom2BR,2BA$1.00
St. TropezTwo Bed 2 Bath2BR,2BA$1.18
Pelican Park ApartmentsTwo Bedroom Two Bath2BR,2BA$0.95
Azalea Park2 Bed Room2BR,2BA$1.07
Windrush Trace Apartments1 bedroom1BR,1BA$1.10
College Town ApartmentsOne Bedroom One Bath1BR,1BA$1.13

Quick Rent Budget Calculator

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

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Getting Around Albany, LA

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 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 $625 at Providence Club.

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 $700 at Providence Club.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Beaumonde Apartments and starts from $1,100.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.