
Cheap Homes for Rent in Albany, IN from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.


212 N Sutton St

418 W 7th St

302 W 6th St
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.

803 W Main St

1109 E 8th St

373 N Manor Ave

826 W Main St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Albany, IN Local Guide

How much does it cost to rent a home in Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albany 2 Bedroom Homes for Rent | $984 | $600 | $1,595 |
Albany 3 Bedroom Homes for Rent | $3,063 | $770 | $10,000+ |
Albany 4 Bedroom Homes for Rent | $1,366 | $1,200 | $1,650 |
Browse Top Homes for Rent in Albany
Explore Albany
Albany, IN Local Guide
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Cheapest Available Albany Apartments for Rent and Nearby
 The cheapest available apartment rental in Albany, IN is a 4 Beds unit found at The Haven in the Westacres neighborhood priced from $510. Yugo Muncie Varsity House in the Westacres neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $549. Here is today’s list of the most affordable Albany apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Haven | 4x4 | 4BR,4BA | $510 |
Yugo Muncie Varsity House | 3 Bed, 3 Bath Classic Renovated | 3BR,3BA | $549 |
Arrasmith Building | 1BR/1.0BA | 1BR,1BA | $700 |
Best Value Apartments for Rent in Albany, IN and Nearby
As of June 16, 2025 the best value apartment in the Albany area is the $1.31 price per square foot 2 Bed 1.5 Bath Model at Aspen/Snowmass Townhomes in the in the School neighborhood starting from $1,245. The second greatest value Albany apartment is the 2 Bed 2 Bath Apartment Model at The Latitude starting at $975 with a $1.07 price per square foot in the School neighborhood. Here is today’s list of the best values for Albany apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Aspen/Snowmass Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.31 |
The Latitude | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.07 |
Rosewood Apartments | 2BR/1.0BA | 2BR,1BA | $1.33 |
Yugo Muncie Varsity House | 2 Bed, 2 Bath Renovated | 2BR,2BA | $0.89 |
Arrasmith Building | 1BR/1.0BA | 1BR,1BA | $0.84 |
424 Lofts | 1 bedroom | 1BR,1BA | $1.00 |
6301 W Kilgore Ave | 1 Bed, 1 Bath | 1BR,1BA | $1.18 |
Forest Oaks Apartments | 1 Bed 1 Bath (Down) | 1BR,1BA | $1.27 |
Orchard Apartments | 2 Bedroom Standard | 2BR,1BA | $1.31 |
The Haven | 2x2 | 2BR,2BA | $1.33 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Albany
What type of rentals are currently available in Albany?
There are currently 41 Apartments for Rent in Albany, IN with pricing that ranges from $350 to $2,515. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $600 to $21,950.
What is the current price range for Rental Homes in Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albany ranges from $600 to $21,950 with an average monthly rent of $1,662.
How much are larger Three and Four Bedroom Rentals in Albany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albany range from $539 to $2,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $770 to $21,950. Four Bedroom Single-Family rentals are also available starting from $1,200 and Four Bedroom Apartments start at $350.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.