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Cheap Apartments for Rent in Albany, OR from $600 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in Albany.
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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Albany, OR Local Guide
ATI Northwest Arts and Air Festival in Albany by Kirt Edblom is licensed under CC BY 2.0
How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Albany Studio Apartments | $1,478 | $1,219 | $1,590 |
| Cheap Albany 1 Bedroom Apartments | $1,550 | $1,195 | $1,850 |
| Cheap Albany 2 Bedroom Apartments | $1,783 | $1,395 | $2,400 |
| Cheap Albany 3 Bedroom Apartments | $2,031 | $1,550 | $2,350 |
| Cheap Albany 4 Bedroom Apartments | $3,020 | $3,020 | $3,020 |
Browse Top Apartments in Albany
See all Apartments in AlbanyExplore Albany
Albany, OR Local Guide
Written By:
Justin HabersaatEditing Staff
- Albany Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 04/27/2025Current apartment rentals in the Albany, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Albany Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Albany | $1,647 | $1,195 | 4 |
| Monteith | $1,647 | $1,195 | 4 |
| Hackleman | $1,772 | $1,195 | 10 |
| Clover Ridge Station | $2,165 | $1,219 | 25 |
Cheapest Available Albany Apartments for Rent
The cheapest available apartment rental in Albany, OR is a Studio unit found at Timberridge Place Apartment Homes in the Clover Ridge Station neighborhood priced from $1,219. The Banks Apartments in the Hackleman neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,350. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Timberridge Place Apartment Homes | Pebble (Timberridge) | Studio,1BA | $1,219 |
| The Banks Apartments | Pebble | Studio,1BA | $1,350 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Albany, OR
As of April 27, 2025 the best value apartment in the Albany area is the $1.73 price per square foot 2x2 A - Phase I Model at Plumtree Apartments in the in the Hackleman neighborhood starting from $1,650. The second greatest value Albany apartment is the 2 Bedroom, 1 Bath Fully Remodeled W/Fence Model at Albany Meadows Apartments starting at $1,500 with a $1.59 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. |
|---|---|---|---|
| Plumtree Apartments | 2x2 A - Phase I | 2BR,2BA | $1.73 |
| Albany Meadows Apartments | 2 Bedroom, 1 Bath Fully Remodeled W/Fence | 2BR,1BA | $1.59 |
| Park Village: CodePVTopShevMurr | 3BR/1.5BA | 3BR,1.5BA | $2.04 |
| College Green Duplexes | 2x1 | 2BR,1BA | $1.70 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.70 |
| Eagle Pointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $2.07 |
| The Banks Apartments | Pebble | Studio ,1BA | $2.45 |
| Timberridge Place Apartment Homes | Pebble (Timberridge) | Studio ,1BA | $4.15 |
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Albany Overview
A hub of farming and manufacturing in the great state of Orgeon, Albany is a charming hot spot destined to be a hit among a variety of lifestyles. Situated near both the Willamette and Calapooia Rivers, this scenic and welcoming destination is an excellent spot for anyone considering a new place to live in Oregon.
Why live in Albany, OR?
From public parks to a wide array of historic hotspots, life in Albany apartments is truly Oregon living at its best. Local schools consistently make the grade, and the city's long history of manufacturing in the grass seed and timber industries lends it a nature-loving ambiance all its own. From local farmer's markets to nightclub excitement, an apartment for rent in Albany offers much to many.
Best Local Schools in Albany, OR
Liberty Elementary School
Greater Albany Public School District 8j
Public School - Grades K-5 (317)
7 out of 10
West Albany High School
Greater Albany Public School District 8j
Public School - Grades 9-12 (1250)
9 out of 10
Timber Ridge School
Greater Albany Public School District 8j
Public School - Grades 3-8 (674)
7 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albany, OR Rentals by Map
See the most popular apartments and homes in Albany, OR
Albany, OR Apartments MapAlbany, OR Rental Homes MapGetting Around Albany, OR
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some 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 Timberridge Place Apartment Homes listed at $1,219.
How much is rent for a Cheap One Bedroom Albany Apartment?
The lowest price for a Cheap One Bedroom Albany Apartment is $1,450 at Queen Court 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 $1,495 at Cape Lee Apartments.
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.
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.
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.
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.