Cheap Apartments for Rent in Albany, CA from $500 (133 Rentals)

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Search the lowest-cost Apartments available for rent right now in Albany.

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1301 Gilman St
1 Bedroom Apartments

1301 Gilman St

1301 Gilman StAlbany, CA 94706
  • Utilities Included
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411 Stannage Ave
1 to 2 Bedroom Apartments

411 Stannage Ave

411 Stannage AveAlbany, CA 94706
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1213 San Pablo Ave
1 Bedroom Apartments

1213 San Pablo Ave

1213 San Pablo AveAlbany, CA 94706
  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 1467 Russell St

$1,595 - $2,195

1 To 2 Bedroom Rentals

Available Now

1467 Russell St

BerkeleyCA94702
property at 2425 Fulton St

$1,595 - $1,750

Studio Rentals

Available Now

2425 Fulton St

BerkeleyCA94704

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Hillside Village
$1,970 - $7,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,970 - $7,300
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Hillside Village

1801 Shattuck AveBerkeley, CA 94709
Student Housing
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Bay Living Like a Local: The Insider's Guide to Life and Renting in San Francisco, CA

Unlock the personality of Renting and Living in the City by the Bay. Learn where to eat the best tacos, find hidden views, and embrace the charming contradictions of San Francisco life.

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property at 733 Balra Dr

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995
Total Monthly Price
$1,995

1 Bedroom, 1 Bath Home for Rent

Available Now

733 Balra Dr

El CerritoCA94530

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers

Maximize your work-life balance in San Francisco. Discover the ideal neighborhoods for renting, from SoMa to Nob Hill, for employees of the city's 5 leading companies.

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Albany, CA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Available Albany Apartments for Rent

 

The cheapest available apartment rental in Albany, CA is a 2 Beds unit found at Collab@Oxford in the Downtown Berkeley neighborhood priced from $748. FOUND Study Southside Berkeley in the Downtown Berkeley neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $845. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Collab@Oxford2X12BR,1BA$748
FOUND Study Southside Berkeley4x2 - Double - Berkeley 26-274BR,2BA$845
HeliosShared Double1BR,1BA$950
Casa ZimbabweRidge House Triples1BR,1BA$1,030
The Lair3BR/2.0BA3BR,2BA$1,099
Rise at Berkeley0BR/1.0BAStudio,1BA$1,237
Ace Berkeley2BR/2B - Deluxe - B102BR,2BA$1,375
Acton Courtyard2 Bedroom 1 Bath2BR,1BA$1,618

Best Value Apartments for Rent in Albany, CA

As of April 28, 2026 the best value apartment in the Albany area is the $0.75 price per square foot 3424 Yosemite Ave Model at 3424 Yosemite Ave, Unit 3 in the in the Midtown neighborhood starting from $1,000. The second greatest value Albany apartment is the 2x2 A Model at Hub Bancroft starting at $1,949 with a $1.83 price per square foot in the Downtown Berkeley 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.
3424 Yosemite Ave, Unit 33424 Yosemite Ave3BR,2BA$0.75
Hub Bancroft2x2 A2BR,2BA$1.83
The Lair2BR/2.0BA2BR,2BA$2.48
2342 Hilgard Ave, Unit 23422342 Hilgard Ave2BR,1BA$2.20
1694 Oxford St1694 Oxford St3BR,1BA$1.36
1401 Liberty St2 bedroom2BR,1BA$2.94
Collab@Oxford3X23BR,2BA$1.47
1467 Russell St1467 Russell St1BR,1BA$2.63
Casa ZimbabweCasa Zimbabwe Triples1BR,1BA$2.06
SHARED & PRIVATE Dorm Style Units Available at The Telegraph Commons! 2 blocks from UCB!1BR/1.0BA1BR,1BA$1.82

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Bay area for affordable living. Find your perfect San Francisco Student apartment, condo, or rental home today at ApartmentHomeliving.com

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Albany Overview

Just 20 minutes outside of San Francisco sits the city of Albany, California. Full of life and beauty, this city has plenty to do. Many potential renters who are seeking apartments in Albany want a thorough understanding of the areas, school, nightlife, and more. Rich in history, you will find various landmarks, amazing vacation spots, and breathtaking weather. Here is everything a renter needs to know about the city before looking at any Albany apartments. 

Why live in Albany, CA?

Albany is unique, with a highly diverse economic and cultural population, it has an infectious atmosphere that's hard to shake. As a suburb of Oakland, they have excellent public schools and many private schools to choose from. It has also been ranked as one of the top 5 suburban cities to live in California. This ranking is based on public schools, weather, nightlife, family friendliness, diversity, and more. Albany apartments are close to many bars and restaurants, allowing residents to walk to and from their destination with ease. 

Best Local Schools in
Albany, CA

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albany, CA Rentals by Map

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Frequently Asked Questions about Cheap Albany Apartments

What is the Cheapest Studio apartment in Albany?

Currently the most affordable Cheap Studio Apartment in Albany is at Rise at Berkeley listed at $1,237.

How much is rent for a Cheap One Bedroom Albany Apartment?

The lowest price for a Cheap One Bedroom Albany Apartment is $950 at Helios.

What is the lowest price for a Cheap Two Bedroom Albany Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Albany is starting from $748 at Collab@Oxford.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Collab@Oxford and starts from $924.

Expert Rental Resources

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.

Helpful Local Expert Guides

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A San Francisco Local Expert’s Guide to the Top Budget-Friendly Bay Area Neighborhoods to Rent

Written by: Shannon Hilson

If you’re anything like me, the thought of San Francisco is synonymous with concepts like creativity, character, and quirky local style.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in San Francisco

Written by: Shannon Hilson

Naturally, going away to college or university is super exciting in and of itself. It’s the prelude to the rest of your life, not to mention an unforgettable experience all its own.

decorative image for Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers article

Where to Live, Where to Work: Your Guide to Top Neighborhoods to Rent Near San Francisco's 5 Best Employers

Written by: Shannon Hilson

Deciding to move to San Francisco for work is a huge deal. San Fran is exciting and just weird enough to let you know you’re in for an amazing adventure, right from day one.

decorative image for Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA article

Bay Living Like a Local: The Insiders Guide to Life and Renting in San Francisco, CA

Written by: Shannon Hilson

San Francisco is so much more than just postcard-perfect views of cable cars and the Golden Gate Bridge.

Articles, How-To's, and Tips

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.