1001-1021 SE Chicago St
AlbanyOR97322
Cheap Apartments for Rent in Albany, OR from $900 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Albany.
1105 1st Ave
AlbanyOR97321
close
View Me
$1,219 - $2,280Studio to 4 Bedroom Apartments Available Now
Timber Ridge Place Apartment Homes
150 Timber Ridge St NEAlbany, OR 97322
827-839 SW 11th Ave
AlbanyOR97321
810 18th Ave SW
AlbanyOR97321
642 32nd Ave SE
AlbanyOR97322
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
Showing Results 1-20, Page 1 of 1
Albany, OR Local Guide
ATI Northwest Arts and Air Festival in Albany by Kirt Edblom is licensed under CC BY 2.0
How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Albany Studio Apartments | $1,414 | $1,219 | $1,590 |
| Cheap Albany 1 Bedroom Apartments | $1,506 | $1,000 | $1,890 |
| Cheap Albany 2 Bedroom Apartments | $1,733 | $1,250 | $2,400 |
| Cheap Albany 3 Bedroom Apartments | $2,085 | $1,520 | $2,300 |
Browse Top Apartments in Albany
See all Apartments in AlbanyExplore Albany
Albany, OR Local Guide
Written By:
Justin HabersaatEditing Staff
- Albany Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 10/27/2025Current apartment rentals in the Albany, OR area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Albany Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Albany | $1,882 | $1,195 | 3 |
| Monteith | $1,882 | $1,195 | 3 |
| Clover Ridge Station | $2,182 | $1,000 | 37 |
| Hackleman | $2,245 | $1,000 | 24 |
Cheapest Available Albany Apartments for Rent
The cheapest available apartment rental in Albany, OR is a 1 Bed unit found at Cottonwood Manor in the Hackleman neighborhood priced from $975. Sheridan Plaza in the Monteith neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,295. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cottonwood Manor | 1x1 | 1BR,1BA | $975 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1,295 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1,350 |
| Knox Butte Apartments | 1x1- Upstairs | 1BR,1BA | $1,375 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,395 |
Best Value Apartments for Rent in Albany, OR
As of October 28, 2025 the best value apartment in the Albany area is the $1.59 price per square foot 2 Bedroom, 1 Bath Fully Remodeled W/Fence Model at Albany Meadows Apartments in the starting from $1,500. The second greatest value Albany apartment is the 2 Beds, 1 Baths Model at Cape Lee Apartments starting at $1,395 with a $1.59 price per square foot in the Clover Ridge Station 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. |
|---|---|---|---|
| Albany Meadows Apartments | 2 Bedroom, 1 Bath Fully Remodeled W/Fence | 2BR,1BA | $1.59 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.59 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1.50 |
| 1703 Springhill Dr NE, Unit 1703 | 1703 Springhill Dr NE | 2BR,1BA | $2.20 |
| Cottonwood Manor | 2x2 | 2BR,2BA | $1.70 |
| Plumtree Apartments | 1x1 - Phase II | 1BR,1BA | $2.05 |
| Timber Ridge Place Apartment Homes | Creek (Timberridge) | 1BR,1BA | $2.10 |
| Eagle Pointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
| Knox Butte Apartments | 1x1- Upstairs | 1BR,1BA | $1.90 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1.93 |
Quick 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.
Let everyone know!
Do you know the Albany area?
If you’re an expert on all things Albany, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Albany Overview
A hub of farming and manufacturing in the great state of Orgeon, Albany is a charming hot spot destined to be a hit among a variety of lifestyles. Situated near both the Willamette and Calapooia Rivers, this scenic and welcoming destination is an excellent spot for anyone considering a new place to live in Oregon.
Why live in Albany, OR?
From public parks to a wide array of historic hotspots, life in Albany apartments is truly Oregon living at its best. Local schools consistently make the grade, and the city's long history of manufacturing in the grass seed and timber industries lends it a nature-loving ambiance all its own. From local farmer's markets to nightclub excitement, an apartment for rent in Albany offers much to many.
Best Local Schools in Albany, OR
Liberty Elementary School
Greater Albany Public School District 8j
Public School - Grades K-5 (317)
8 out of 10
West Albany High School
Greater Albany Public School District 8j
Public School - Grades 9-12 (1250)
9 out of 10
Timber Ridge School
Greater Albany Public School District 8j
Public School - Grades 3-8 (674)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albany, OR Rentals by Map
See the most popular apartments and homes in Albany, OR
Getting Around Albany, OR
Walk Score®
53 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
60 / 100
Bikeable
Some bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $975 at Cottonwood Manor.
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 $1,275 at Cottonwood Manor.
What is the most affordable Albany Three Bedroom Apartment?
The best deal on a cheap Albany Three Bedroom Apartment rental is at Eagle Pointe Apartments and starts from $2,150.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.