Cheap Homes for Rent in Albemarle, NC from $500 (6 Rentals)

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Albemarle, NC Local Guide

Cheapest Neighborhoods for Apartments in Albemarle, NC

Pricing Updated: 04/15/2025

Current apartment rentals in the Albemarle, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Albemarle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Albermarie$1,550$1,5501

Cheapest Available Albemarle Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albemarle, NC is a 1 Bed unit found at 121 Heath St priced from $845. Waters Edge Apartment Homes (NC) in the Oak Crest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $940. Here is today’s list of the most affordable Albemarle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
121 Heath StOne Bed1BR,1BA$845
Waters Edge Apartment Homes (NC)Studio - Waters Edge - 336 sqftStudio,1BA$940
Crestview HuntingtonMaple1BR,1BA$972

Best Value Apartments for Rent in Albemarle, NC and Nearby

As of April 15, 2025 the best value apartment in the Albemarle area is the $1.35 price per square foot 3x2 The Heritage Model at The Bridges Of Cabarrus in the in the Oak Crest neighborhood starting from $1,795. The second greatest value Albemarle apartment is the 3 Bedroom Townhome Model at Greens of Concord starting at $1,568 with a $1.20 price per square foot in the Oak Crest neighborhood. Here is today’s list of the best values for Albemarle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bridges Of Cabarrus3x2 The Heritage3BR,2BA$1.35
Greens of Concord3 Bedroom Townhome3BR,2BA$1.20
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.36
Inspired Way Townhomes2 Beds, 2 baths2BR,2BA$1.22
Washington Building2 Bedroom2BR,2BA$1.14
Allison HeightsAllison Heights2BR,1BA$1.00
The Retreat at Kannapolis2Bd 1.5Bth TH Reno2BR,1.5BA$1.38
Oak Ridge Duplexes2BR/1.5BA2BR,1.5BA$1.26
Chesney Woods Apartment Homes2D2BR,1.5BA$1.28
American Ave NE2BR/2.0BA2BR,2BA$1.22

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Frequently Asked Questions about Albemarle

What type of rentals are currently available in Albemarle?

There are currently 68 Apartments for Rent in Albemarle, NC with pricing that ranges from $725 to $3,985. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albemarle ranging from $575 to $3,450.

What is the current price range for Rental Homes in Albemarle?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Albemarle ranges from $575 to $3,450 with an average monthly rent of $1,660.

How much are larger Three and Four Bedroom Rentals in Albemarle?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Albemarle range from $1,275 to $3,280, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,590. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,548.

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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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.

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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.