Cheap Apartments for Rent in Albion, IN from $500 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.

311 N Elm St

Drake Terrace 1&2

Emerald Pointe (55+ Senior Community)

Wallen Hills Apartments

Deerfield Village

Stone Pointe Village

Quail Ridge Villas

Simonson Estates Apartments

Griswold Estates Apartments

The Cottages at Bridgewater (Senior 55+)

Homestead Village Fort Wayne - Active Living 55+ Community

Brandy Chase Apartment Homes

Nelson Estates Apartments

5614 W Cook Rd

354 W 9th St

4614 E Old Trail Rd

208 S Grant St

328 N State St

216 S Cavin St

209 S Ijams St

209 E 17th St

106 W Washington St
Albion, IN Local Guide

How much does it cost to rent an apartment in Albion?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albion Studio Apartments | $867 | $818 | $900 |
Albion 1 Bedroom Apartments | $1,294 | $576 | $2,678 |
Albion 2 Bedroom Apartments | $1,583 | $621 | $2,815 |
Albion 3 Bedroom Apartments | $1,925 | $656 | $3,024 |
Albion 4 Bedroom Apartments | $2,434 | $2,434 | $2,434 |
Browse Top Apartments in Albion
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Albion, IN Local Guide
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Cheapest Available Albion Apartments for Rent and Nearby
 The cheapest available apartment rental in Albion, IN is a 1 Bed unit found at Atz Place priced from $828. Quail Ridge Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Albion apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Atz Place | One Bedroom | 1BR,1BA | $828 |
Quail Ridge Villas | APRIL RENT SPECIALS- 1 Bed 1 Bath Traditional A... | 1BR,1BA | $949 |
The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $995 |
Homestead Village Fort Wayne - Active Living 55+ Community | The Audrey | 1BR,1BA | $999 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,000 |
Nelson Estates Apartments | 1 Bedroom - 1 Bath | 1BR,1BA | $1,000 |
Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,059 |
Avalon at Northbrook Apartments and Townhomes | One Bedroom | 1BR,1BA | $1,145 |
Island Club | Jamaica - Premium | 1BR,1BA | $1,185 |
Steeplechase at Parkview | Saratoga | 1BR,1BA | $1,208 |
Best Value Apartments for Rent in Albion, IN and Nearby
As of April 16, 2025 the best value apartment in the Albion area is the $1.14 price per square foot Kensington 2nd Floor Model at Union Club Apartments in the in the Outer Northside neighborhood starting from $1,999. The second greatest value Albion apartment is the Capewood Model at Redwood Fort Wayne Noyer Road starting at $2,099 with a $1.30 price per square foot in the Southwest Fort Wayne 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. |
---|---|---|---|
Union Club Apartments | Kensington 2nd Floor | 3BR,2BA | $1.14 |
Redwood Fort Wayne Noyer Road | Capewood | 2BR,2BA | $1.30 |
Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
Copper Creek Villas | Copper Creek Townhome | 3BR,2.5BA | $1.16 |
Redwood Fort Wayne Wallen Road | Meadowood | 2BR,2BA | $1.39 |
Reserve at Dawson's Creek | The Laural - Premium | 2BR,2BA | $1.34 |
Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.01 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.04 |
Nelson Estates Apartments | 1 Bedroom - 1 Bath | 1BR,1BA | $1.43 |
Atz Place | One Bedroom | 1BR,1BA | $1.22 |
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Getting Around Albion, IN
Walk Score®
12 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 100
Somewhat Bikeable
Minimal 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 Albion Apartments
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $828 at Atz Place.
What is the lowest price for a Cheap Two Bedroom Albion Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Albion is starting from $1,000 at Simonson Estates Apartments.
What is the most affordable Albion Three Bedroom Apartment?
The best deal on a cheap Albion Three Bedroom Apartment rental is at Avalon at Northbrook Apartments and Townhomes and starts from $1,625.
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.