
Cheap Homes for Rent near Albany, KY from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.


1325 Virginia Ave

230 New Oak Rd

200 Jacksboro St

1319 Autumn 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.

5340 Beechwood Dr

50 Driftwood Cir

71 Driftwood Cir

19 Driftwood Cir

978 N Franklin Ave
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.

51 Lee's Ford Dock Rd

24 Jade Ct

7758 Celina Rd

214 New Oak Rd

1495 Autumn Ave
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.
Albany, KY 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 | $1,102 | $900 | $1,400 |
| Albany 3 Bedroom Homes for Rent | $1,652 | $1,000 | $2,000 |
| Albany 4 Bedroom Homes for Rent | $2,515 | $2,050 | $2,975 |
Browse Top Homes for Rent in Albany
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Albany, KY Local Guide
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Cheapest Available Albany Apartments for Rent and Nearby
 The cheapest available apartment rental in Albany, KY is a 1 Bed unit found at River Glow Apartments priced from $695. Eagle Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Glow Apartments | 1BR/1.0BA | 1BR,1BA | $695 |
| Eagle Creek Apartments | one bdr with balcony | 1BR,1BA | $700 |
| Betty Jane Apartments | 1 Bed, 1 bath | 1BR,1BA | $700 |
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $773 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $780 |
Best Value Apartments for Rent in Albany, KY and Nearby
As of July 16, 2026 the best value apartment in the Albany area is the $1.15 price per square foot Springfield II Model at Copper Springs by Meadows Properties in the starting from $1,725. The second greatest value Albany apartment is the The Dream Model at Green River Lake Commons starting at $1,144 with a $0.94 price per square foot . 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. |
|---|---|---|---|
| Copper Springs by Meadows Properties | Springfield II | 3BR,2.5BA | $1.15 |
| Green River Lake Commons | The Dream | 3BR,2BA | $0.94 |
| The Grasslands | 3 Beds, 1 bath | 3BR,1BA | $0.86 |
| 70 E 18th St | 2 Bedroom | 2BR,1.5BA | $1.10 |
| The Vue at Church Street | 2X1 | 2BR,1BA | $1.09 |
| Arrowhead Ranch | RHP | 2BR,2BA | $1.14 |
| Fry Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
| Ashton Place Apartments | 1 BR | 1BR,1BA | $0.93 |
| Cypress Creek | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.09 |
| Mason Greene | 1 Bedroom Apartment | 1BR,1BA | $0.96 |
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.
Best Local Schools in Albany, KY
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Albany
What type of rentals are currently available in Albany?
There are currently 70 Apartments for Rent in Albany, KY with pricing that ranges from $600 to $3,150. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $600 to $2,975.
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 $2,975 with an average monthly rent of $1,333.
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 $950 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,000. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,685.
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.
Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.