
Cheap Homes for Rent in Albion, IL from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Albion.


1103 Broadway St

404 N Carroll St

406 Edgar St

220 S Main St

708 N Kerth Ave

654 E Louisiana St

817 N Main St
Albion, IL Local Guide

How much does it cost to rent a home in Albion?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albion 2 Bedroom Homes for Rent | $1,746 | $691 | $3,500 |
Albion 3 Bedroom Homes for Rent | $1,402 | $1,000 | $1,700 |
Albion 4 Bedroom Homes for Rent | $1,736 | $1,350 | $2,500 |
Browse Top Homes for Rent in Albion
Explore Albion
Albion, IL Local Guide
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Cheapest Available Albion Apartments for Rent and Nearby
 The cheapest available apartment rental in Albion, IL is a Studio unit found at Southern Meadows priced from $625. SPRING VALLEY FLATS in the Lincoln-Bellemeade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Albion apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Southern Meadows | Studio | Studio,1BA | $625 |
SPRING VALLEY FLATS | The Dogwood | 1BR,1BA | $695 |
Foxfire West Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $755 |
Best Value Apartments for Rent in Albion, IL and Nearby
As of April 16, 2025 the best value apartment in the Albion area is the $1.07 price per square foot Prime Living at Its Finest: Luxurious Stand-Alo... Model at Circle Point Villas in the starting from $1,650. The second greatest value Albion apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,400 with a $1.09 price per square foot in the Jacobsville neighborhood. Here is today’s list of the best values for Albion apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Circle Point Villas | Prime Living at Its Finest: Luxurious Stand-Alo... | 3BR,2BA | $1.07 |
Apartments@41 | 2BR/2.0BA | 2BR,2BA | $1.09 |
Eagle Village Student Housing | 4x2 Single Bed Furnished | 4BR,2BA | $0.50 |
The Forge on Main | Two Bedroom A | 2BR,2BA | $0.77 |
Vail Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
North Park | Berkshire | 2BR,1.5BA | $1.05 |
Baldwin Heights | 1 Bedroom | 1BR,1BA | $1.17 |
Copper Creek Townhomes | A-1 Bedroom Ranch | 1BR,1BA | $1.13 |
Mission Viejo Villas | A- Antiqua | 1BR,1BA | $1.14 |
Wabash Riverfront Flats | 2 bed 1 Bath | 2BR,1BA | $0.95 |
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Frequently Asked Questions about Albion
What type of rentals are currently available in Albion?
There are currently 41 Apartments for Rent in Albion, IL with pricing that ranges from $570 to $4,399. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albion ranging from $575 to $3,500.
What is the current price range for Rental Homes in Albion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albion ranges from $575 to $3,500 with an average monthly rent of $1,391.
How much are larger Three and Four Bedroom Rentals in Albion?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albion range from $1,225 to $1,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $1,700. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,500.
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.

Know Your Rights - How Discrimination Laws Impact Landlords & 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.

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.