
Cheap Apartments for Rent in the Downtown Albany Neighborhood of Albany, CA from $1,500 (123 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albany area of Albany.


Gateview at Albany Hill Condos

1272 Solano Ave

841 Cleveland Ave

1121 Portland Ave

701 Buchanan St

837-839 Cleveland Ave

785 Taft Ave

1210 Masonic Ave

845 San Carlos Ave
San Francisco's Best Affordable Neighborhoods
Learn about San Francisco and the best places to live with original content written by our San Francisco, CA Local Expert Shannon Hilson

737 Adams St

1146 Washington Ave

632 Stannage Ave

800 Pierce St

1040 Evelyn Ave

401 Stannage Ave

1140 Cornell Ave

634 Stannage Ave

410 Evelyn Ave

609 Jackson St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1125 Neilson St

821 Kains Ave

635-639 Adams St

716-730 Solano Ave

1400 Solano Ave

416 Talbot Ave

408 Stannage Ave

1155 Brighton Ave

765 Taft St

745 Madison St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1000 Washington Ave

605 San Pablo Ave

726 Key Rt. Blvd

935 Pierce St

700 Solano Ave

825 Kains Ave

411 Stannage Ave

404 Stannage Ave

915 Taylor St

407 Cornell Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

848 San Carlos Ave

530 Adams St

701-705 San Pablo Ave

Dolores Apartments

955 Stannage Ave

1301 Gilman St

1213 San Pablo Ave

970 Kains Ave

Albanyview Apartments

935 Solano Ave
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.
Downtown Albany, Albany, CA Local Guide

How much does it cost to rent an apartment in Downtown Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albany Studio Apartments | $3,158 | $2,425 | $3,755 |
| Downtown Albany 1 Bedroom Apartments | $2,595 | $1,595 | $3,200 |
| Downtown Albany 2 Bedroom Apartments | $3,543 | $2,500 | $4,000 |
| Downtown Albany 3 Bedroom Apartments | $4,400 | $4,200 | $4,600 |
Browse Apartments in this Neighborhood
There are currently 123 rentals with your search options within a 1 mile radius of the Downtown Albany Neighborhood of Albany, CA.
See all Apartments in AlbanyExplore Albany
Downtown Albany, Albany, CA Local Guide
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Cheapest Available Downtown Albany Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Terrace | 2 Beds, 1 Baths | 2BR,1BA | $2,295 |
| Metro 510 | 1A | 1BR,1BA | $2,875 |
Best Value Apartments for Rent in Downtown Albany, CA
As of July 25, 2026 the best value apartment in the Downtown Albany area is the $3.39 price per square foot 1A Model at Metro 510 in the in the Midtown neighborhood starting from $2,875. The second greatest value Downtown Albany apartment is the 5235 Panama Ave Model at 5235 Panama Ave, Unit 5235 starting at $2,500 with a $3.21 price per square foot in the Midtown neighborhood. Here is today’s list of the best values for Downtown Albany apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Metro 510 | 1A | 1BR,1BA | $3.39 |
| 5235 Panama Ave, Unit 5235 | 5235 Panama Ave | 2BR,1BA | $3.21 |
| Hillside Terrace | 2 Beds, 1 Baths | 2BR,1BA | $3.14 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleDowntown Albany, Albany, CA
Ranked #2
Among cities in California for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Downtown Albany, Albany, CA
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Albany Apartments
How much is rent for a Cheap One Bedroom Downtown Albany Apartment?
The lowest price for a Cheap One Bedroom Downtown Albany Apartment is $2,875 at Metro 510.
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.
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Rent According to Income: A Look at Income-Restricted Rentals
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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.