505 SE Lyon St
AlbanyOR97321
Cheap Apartments for Rent in Albany, OR from $900 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Albany.
810 18th Ave SW
AlbanyOR97321
819 18th Ave SW
AlbanyOR97321
940-940 Willetta St SW
AlbanyOR97321
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1 to 2 Bedroom Apartments
Cottonwood Manor
1081 Chicago St SEAlbany, OR 97322
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1 to 2 Bedroom Apartments
Boulder Creek Apartments
825 Century Dr NEAlbany, OR 97322
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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1 to 2 Bedroom Apartments
3410 Pacific Blvd SW
3410 Pacific Blvd SWAlbany, OR 97321
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2 Bedroom Apartments
Meadow Green
462 SE 26th Ave SEAlbany, OR 97322
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1 to 2 Bedroom Apartments
Heatherstone Apartments
1830 Thurston St SEAlbany, OR 97322
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Studio to 1 Bedroom Apartments
Albany Court: 55+ Senior Community
1212 34th Ave SEAlbany, OR 97322
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1 to 2 Bedroom Apartments
Willett Apartments
808-838 Queen Ave SEAlbany, OR 97322
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1 to 3 Bedroom Apartments
Hickory Hollow Apartments
725 Hickory StAlbany, OR 97321
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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1 to 2 Bedroom Apartments
Premier Apartments
1825 Clay St SEAlbany, OR 97322
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1 to 2 Bedroom Apartments
Sheridan Plaza
208 5th Ave SEAlbany, OR 97321
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1 to 3 Bedroom Apartments
Waverly Square
1505 Waverly Dr SEAlbany, OR 97322
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1 to 2 Bedroom Apartments
Willow Creek Apartments
812 SW Belmont AveAlbany, OR 97321
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1 to 2 Bedroom Apartments
2710 Grand Prairie Rd SE
2710 Grand Prairie Rd SEAlbany, OR 97322
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2 to 3 Bedroom Apartments
Marion Commons
2220 Jackson St SEAlbany, OR 97322
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.
Showing Results 1-18, 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 | $1,500 | $1,410 | $1,590 |
| Cheap Albany 1 Bedroom Apartments | $1,501 | $1,125 | $1,750 |
| Cheap Albany 2 Bedroom Apartments | $1,738 | $1,295 | $2,375 |
| Cheap Albany 3 Bedroom Apartments | $2,036 | $1,520 | $2,300 |
| Cheap Albany 4 Bedroom Apartments | $2,195 | $2,195 | $2,195 |
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: 01/26/2026Current 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 | $1,600 | $1,125 | 7 |
| Monteith | $1,600 | $1,125 | 8 |
| Hackleman | $2,195 | $1,125 | 40 |
| Clover Ridge Station | $2,227 | $1,395 | 60 |
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 $950. Sheridan Plaza in the Monteith neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. 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 | $950 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1,250 |
| The Maples Apartments | 1Bedroom 1 Bath | 1BR,1BA | $1,350 |
| Knox Butte Apartments | 2x1 Downstairs | 2BR,1BA | $1,425 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in Albany, OR
As of January 26, 2026 the best value apartment in the Albany area is the $1.61 price per square foot 533 4th Ave SW Model at 533 4th Ave SW, Unit 201 in the in the Monteith neighborhood starting from $1,775. The second greatest value Albany apartment is the 2x1 Downstairs Model at Knox Butte Apartments starting at $1,425 with a $1.45 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. |
|---|---|---|---|
| 533 4th Ave SW, Unit 201 | 533 4th Ave SW | 2BR,2BA | $1.61 |
| Knox Butte Apartments | 2x1 Downstairs | 2BR,1BA | $1.45 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1.45 |
| The Maples Apartments | 1Bedroom 1 Bath | 1BR,1BA | $1.69 |
| The Banks | Canoe One Bedroom | 1BR,1BA | $2.04 |
| 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 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $2.07 |
| Riverbend Apartments | 1 Bedroom 1 Bathroom Mt. Bachelor | 1BR,1BA | $2.19 |
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.
Read ArticleCash 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.
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.
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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)
8 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
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 $950 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 $1,250 at Sheridan Plaza.
What is the most affordable Albany Three Bedroom Apartment?
The best deal on a cheap Albany Three Bedroom Apartment rental is at Eagle Pointe and starts from $2,180.
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
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.
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.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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.