Cheap Apartments for Rent near Albany, LA from $575 (45 Rentals)

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

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.

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44611 Crisp Rd, Unit B
$925
Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925
2 Bedroom Apartment Available Now

44611 Crisp Rd, Unit B

44611 Crisp RdHammond, LA 70403
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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.

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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.

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property at 27859 Frindik Ln

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

27859 Frindik Ln

HammondLA70403
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Phoenix Square
3 to 4 Bedroom Apartments

Phoenix Square

45530 Durbin RdHammond, LA 70401
  • 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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property at 27848 Frindik Ln

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

3 Bedroom, 2 Bath Home for Rent

Available Now

27848 Frindik Ln

HammondLA70403
property at 27849 Frindik Ln

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175
Total Monthly Price
$1,175

3 Bedroom, 2 Bath Home for Rent

Available Now

27849 Frindik Ln

HammondLA70403

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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Showing Results 1-45, 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. Parkside Gardens in the Livingston Parish neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Providence ClubStudioStudio,1BA$575
Parkside GardensOaks1BR,1BA$800
Beaumonde Apartments1 Bedroom1BR,1BA$800
College Town ApartmentsTwo Bedroom One Bath2BR,1BA$830
14207 W Club Deluxe Rd1 Beds, 1 Baths1BR,1BA$875
The Reserve At White Oak1C1BR,1BA$899
St. TropezTwo Bed 1 Bath2BR,1BA$900
Azalea Park2 Bed Room2BR,2BA$900
Heatherwood1 Bedroom and 1 Bath1BR,1BA$950

Best Value Apartments for Rent in Albany, LA and Nearby

As of August 26, 2026 the best value apartment in the Albany area is the $0.97 price per square foot 3x2 Townhome Model at Suma Lake Apartments & Townhomes in the in the Livingston Parish neighborhood starting from $1,450. The second greatest value Albany apartment is the 3BR/2B Model at Timber Creek Townhomes starting at $1,450 with a $1.04 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.
Suma Lake Apartments & Townhomes3x2 Townhome3BR,2BA$0.97
Timber Creek Townhomes3BR/2B3BR,2BA$1.04
Juban Courts Condos2x2.5e - 2 bedroom 2.5 bathroom2BR,2.5BA$1.02
University Crossing2 Bed 2 Bath2BR,2BA$0.91
City Heights Denham Springs2x2-myrt2BR,2BA$1.07
Beaumonde Apartments2 Bedroom2BR,2BA$0.95
13281 RJ DriveTwo Bedroom2BR,2BA$1.00
Pelican Park ApartmentsTwo Bedroom Two Bath2BR,2BA$0.95
Azalea Park2 Bed Room2BR,2BA$1.07
College Town ApartmentsTwo Bedroom One Bath2BR,1BA$1.03

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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Real 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.

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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 College Town Apartments and starts from $965.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.