Cheap Apartments for Rent in Albany, OR from $1,000 (42 Rentals)

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

property at 2981 NE Kindsey Ln

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Now

2981 NE Kindsey Ln

AlbanyOR97321
property at 1105 1st Ave

$1,225 - $1,295

1 Bedroom Rentals

Available Aug 20

1105 1st Ave

AlbanyOR97321

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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property at 416 22nd Ave SW

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475
Total Monthly Price
$1,475

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 26

416 22nd Ave SW

AlbanyOR97322
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3410 Pacific Blvd SW
1 to 2 Bedroom Apartments

3410 Pacific Blvd SW

3410 Pacific Blvd SWAlbany, OR 97321
  • Utilities Included
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Meadow Green
2 Bedroom Apartments

Meadow Green

462 SE 26th Ave SEAlbany, OR 97322
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Willett Apartments
1 to 2 Bedroom Apartments

Willett Apartments

808-838 Queen Ave SEAlbany, OR 97322
  • Utilities Included

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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Cottonwood Manor
1 to 2 Bedroom Apartments

Cottonwood Manor

1081 Chicago St SEAlbany, OR 97322
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Waverly Square
1 to 3 Bedroom Apartments

Waverly Square

1505 Waverly Dr SEAlbany, OR 97322
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Sheridan Plaza
1 to 2 Bedroom Apartments

Sheridan Plaza

208 5th Ave SEAlbany, OR 97321
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Marion Commons
2 to 3 Bedroom Apartments

Marion Commons

2220 Jackson St SEAlbany, OR 97322
  • Utilities Included

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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Sunrise Pointe
1 to 3 Bedroom Apartments

Sunrise Pointe

3202-3380 Jackson St SEAlbany, OR 97322

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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Showing Results 1-42, Page 1 of 1

Albany, OR Local Guide

Photo of Justin Habersaat - Editing Staff
Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Albany, OR

Pricing Updated: 06/12/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Clover Ridge Station$2,190$1,22530
Hackleman$2,205$1,22522
Downtown Albany$2,295$1,2255
Monteith$2,295$1,1006

Cheapest Available Albany Apartments for Rent

 

The cheapest available apartment rental in Albany, OR is a 2 Beds unit found at Park Village: CodePVTopShevMurr in the Monteith neighborhood priced from $1,400. Queen Court Apartments in the Clover Ridge Station neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,450. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Village: CodePVTopShevMurr2BR/1.0BA2BR,1BA$1,400
Queen Court Apartments1x11BR,1BA$1,450
The BanksPebble StudioStudio,1BA$1,465
Riverbend ApartmentsOne-Bedroom One-Bathroom - Mt. Bachelor 684 SF1BR,1BA$1,479
Creekside Meadows1x1B1BR,1BA$1,515
Salem Crossings2 Bedroom 1.5 Bath - 500852BR,1BA$1,525
Albany Meadows Apartments2Bedroom, 1 Bath Remodeled W/Fence2BR,1BA$1,575
Eagle Pointe1 Bed 1 Bath1BR,1BA$1,605

Best Value Apartments for Rent in Albany, OR

As of June 12, 2026 the best value apartment in the Albany area is the $1.53 price per square foot 2 Bedroom 1.5 Bath - 50085 Model at Salem Crossings in the in the Clover Ridge Station neighborhood starting from $1,525. The second greatest value Albany apartment is the 2Bedroom, 1 Bath Remodeled W/Fence Model at Albany Meadows Apartments starting at $1,575 with a $1.67 price per square foot . 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.
Salem Crossings2 Bedroom 1.5 Bath - 500852BR,1.5BA$1.53
Albany Meadows Apartments2Bedroom, 1 Bath Remodeled W/Fence2BR,1BA$1.67
Eagle Pointe1 Bed 1 Bath1BR,1BA$2.20
Queen Court Apartments1x11BR,1BA$1.93
Riverbend ApartmentsOne-Bedroom One-Bathroom - Mt. Bachelor 684 SF1BR,1BA$2.16
Creekside Meadows1x1B1BR,1BA$2.46
The BanksPebble StudioStudio ,1BA$2.66

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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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

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

Explore Albany, OR Rentals by Map

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See the most popular apartments and homes in Albany, OR

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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 $1,350 at Queen Court Apartments.

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 $1,400 at Park Village.

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 How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.