Cheap Apartments for Rent in Albany, LA from $500 (50 Rentals)

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

property at 30121 Julia St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

30121 Julia St

AlbanyLA70711

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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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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The Waters at Hammond
Rent Specials
$1,287 - $2,083
Total Monthly Price

Total Monthly Price

Base Rent
$1,287 - $2,083
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Waters at Hammond

1600 Bauerle RdHammond, LA 70403
Family Friendly
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Phoenix Square
3 to 4 Bedroom Apartments

Phoenix Square

45530 Durbin RdHammond, LA 70401
  • Utilities Included
property at 1 Frindik Ln

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1 Frindik Ln

HammondLA70403

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.

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Heatherwood
1 Bedroom Apartments

Heatherwood

46588 Heatherwood DrHammond, LA 70401
  • Utilities Included
property at 27848 Frindik Ln

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 2 Bath Home for Rent

Available Now

27848 Frindik Ln

HammondLA70403

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 1

Albany, LA Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, LA is a Studio unit found at Providence Club in the Livingston Parish neighborhood priced from $575. Creekwood Townhomes in the Livingston Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $737. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Providence ClubStudioStudio,1BA$575
Creekwood Townhomes1 Bedroom Flat1BR,1BA$737
College Town ApartmentsOne Bedroom One Bath1BR,1BA$750
Parkside GardensOaks1BR,1BA$800
Beaumonde Apartments1 Bedroom1BR,1BA$800
The Reserve At White Oak1R1BR,1BA$899
St. TropezTwo Bed 1 Bath2BR,1BA$900
Azalea Park2 Bed Room2BR,2BA$900
Windrush Trace Apartments2 bedroom2BR,1BA$900

Best Value Apartments for Rent in Albany, LA and Nearby

As of April 12, 2026 the best value apartment in the Albany area is the $1.01 price per square foot 3x2.5f - 3 bedroom 2.5 bathroom Model at Juban Courts Condos in the in the Livingston Parish neighborhood starting from $1,680. The second greatest value Albany apartment is the 3x2 Townhome Model at Suma Lake Apartments & Townhomes starting at $1,450 with a $0.97 price per square foot in the Livingston Parish 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.
Juban Courts Condos3x2.5f - 3 bedroom 2.5 bathroom3BR,2.5BA$1.01
Suma Lake Apartments & Townhomes3x2 Townhome3BR,2BA$0.97
Tangi Lakes3X2 TH3BR,2.5BA$1.00
Timber Creek Townhomes3BR/2B3BR,2BA$1.04
University Crossing2 Bed 2 Bath2BR,2BA$0.91
13281 RJ DriveTwo Bedroom2BR,2BA$1.00
Beaumonde Apartments2 Bedroom2BR,2BA$0.95
Windrush Trace Apartments2 bedroom2BR,1.5BA$1.05
Pelican Park ApartmentsTwo Bedroom Two Bath2BR,2BA$0.95
45147 Durbin Rd, Unit 645147 Durbin Rd2BR,1BA$0.94

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

Explore Albany, LA Rentals by Map

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Frequently Asked Questions about Cheap Albany Apartments

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

The lowest price for a Cheap One Bedroom Albany Apartment is $625 at Providence Club.

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 $700 at Providence Club.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Beaumonde Apartments and starts from $1,100.

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

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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.