Cheap Homes for Rent in Albany, OR from $1,200 (10 Rentals)

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Albany, OR Local Guide

Cheapest Neighborhoods for Apartments in Albany, OR

Pricing Updated: 03/20/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Albany$1,495$1,49510
Monteith$1,495$1,49510
Hackleman$1,950$1,350180
Clover Ridge Station$3,240$1,205407

Cheapest Available Albany Apartments for Rent

 

The cheapest available apartment rental in Albany, OR is a 2 Beds unit found at Sheridan Plaza in the Monteith neighborhood priced from $1,395. Timberridge Place Apartment Homes in the Clover Ridge Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,425. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sheridan Plaza2 Beds, 1 Baths2BR,1BA$1,395
Timberridge Place Apartment HomesAgate (Somerset)Studio,1BA$1,425
Queen Court Apartments1x11BR,1BA$1,450

Best Value Apartments for Rent in Albany, OR

As of March 20, 2025 the best value apartment in the Albany area is the $1.61 price per square foot 1956 Lynx Ave SW Model at 1956 Lynx Ave SW in the starting from $2,935. The second greatest value Albany apartment is the 2 Bed 2 Bath A Model at Eagle Pointe Apartments starting at $1,780 with a $1.85 price per square foot in the Clover Ridge Station 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.
1956 Lynx Ave SW1956 Lynx Ave SW4BR,2BA$1.61
Eagle Pointe Apartments2 Bed 2 Bath A2BR,2BA$1.85
Lakeside Manor TownhomesRenovated Townhome2BR,1.5BA$1.62
Plumtree Apartments2x2 A - Phase I2BR,2BA$1.73
Albany Meadows Apartments2Bedroom, 1 Bath Remodeled W/Fence2BR,1BA$1.59
Park Village: CodePVTopShevMurr3BR/1.5BA3BR,1.5BA$2.58
Cape Lee Apartments2 Beds, 1 Baths2BR,1BA$1.70
Sheridan Plaza2 Beds, 1 Baths2BR,1BA$1.61
The Banks ApartmentsCanoe1BR,1BA$2.25
Queen Court Apartments1x11BR,1BA$2.07

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Frequently Asked Questions about Albany

What type of rentals are currently available in Albany?

There are currently 149 Apartments for Rent in Albany, OR with pricing that ranges from $1,205 to $3,240. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,295 to $3,200.

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 $1,295 to $3,200 with an average monthly rent of $2,117.

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 $1,550 to $2,945, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,195. Four Bedroom Single-Family rentals are also available starting from $2,750 and Four Bedroom Apartments start at $3,240.

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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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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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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.

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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.