
Cheap Homes for Rent in Albany, OR from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.


1525 7th Ave SW #2

3312 NE Lancaster St

2100 Jefferson St SE, Unit 2104

4204 Clay Pl SE

930 SW Elm St

4154 SE Davidson St

2601 18th Ave SE
Albany, OR Local Guide

How much does it cost to rent a home in Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albany 2 Bedroom Homes for Rent | $1,563 | $1,350 | $1,800 |
Albany 3 Bedroom Homes for Rent | $2,403 | $1,895 | $2,895 |
Albany 4 Bedroom Homes for Rent | $2,836 | $2,495 | $3,300 |
Browse Top Homes for Rent in Albany
Explore Albany
Albany, OR Local Guide
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Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 04/15/2025Current 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 | $2,195 | $1,295 | 6 |
Hackleman | $2,195 | $1,295 | 9 |
Monteith | $2,195 | $1,295 | 7 |
Clover Ridge Station | $2,395 | $1,295 | 10 |
Cheapest Available Albany Apartments for Rent
 The cheapest available apartment rental in Albany, OR is a Studio unit found at The Banks Apartments in the Hackleman neighborhood priced from $1,350. Timberridge Place Apartment Homes in the Clover Ridge Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,445. Here is today’s list of the most affordable Albany apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Banks Apartments | Pebble | Studio,1BA | $1,350 |
Timberridge Place Apartment Homes | Agate (Somerset) | Studio,1BA | $1,445 |
Queen Court Apartments | 1x1 | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Albany, OR
As of April 15, 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 2Bedroom, 1 Bath 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 | 2Bedroom, 1 Bath Remodeled W/Fence | 2BR,1BA | $1.59 |
Park Village: CodePVTopShevMurr | 3BR/1.5BA | 3BR,1.5BA | $2.26 |
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 | $1.99 |
The Banks Apartments | Pebble | Studio ,1BA | $2.45 |
Timberridge Place Apartment Homes | Agate (Somerset) | Studio ,1BA | $2.63 |
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Frequently Asked Questions about Albany
What type of rentals are currently available in Albany?
There are currently 148 Apartments for Rent in Albany, OR with pricing that ranges from $1,205 to $3,240. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,295 to $3,300.
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 $3,300 with an average monthly rent of $1,918.
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 $1,895 to $2,895. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,975.
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.

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.

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.

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.