close
View Me
1 to 2 Bedroom Apartments
Sheridan Plaza
208 5th Ave SEAlbany, OR 97321
Cheap Apartments for Rent in the Downtown Albany Neighborhood of Albany, OR from $1,100 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Albany area of Albany.
close
View Me
1 to 2 Bedroom Apartments
Queens Trace Apartments
810 19th Ave SEAlbany, OR 97322
close
View Me
Studio Apartments
2020-2024 Thurston St SE
2020-2024 Thurston St SEAlbany, OR 97322
close
View Me
1 to 2 Bedroom Apartments
Sunrise Apartments
732 19th Ave SEAlbany, OR 97322
close
View Me
Studio to 3 Bedroom Apartments
The Station Apartments
1127-1195 6th Ave SEAlbany, OR 97321
close
View Me
1 to 2 Bedroom Apartments
Kingsman Apartments
919 20th Ave SWAlbany, OR 97321
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.
close
View Me
Studio Apartments
403 Madison St SE
403 Madison St SEAlbany, OR 97321
close
View Me
2 Bedroom Apartments
305 6th Ave SE
305 6th Ave SEAlbany, OR 97321
close
View Me
1 to 2 Bedroom Apartments
Willett Apartments
808-838 Queen Ave SEAlbany, OR 97322
close
View Me
1 to 2 Bedroom Apartments
Bonaventure of Albany Senior Living
420 Geri StAlbany, OR 97321
close
View Me
1 to 4 Bedroom Apartments
Woodwind Apartments
1440 2nd Ave SEAlbany, OR 97321
close
View Me
Studio Apartments
Madison Street Apartments
521-563 Madison St SEAlbany, 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.
close
View Me
1 Bedroom Apartments
Oak Plaza
1265 Salem Ave SEAlbany, OR 97321
close
View Me
Studio to 3 Bedroom Apartments
Holly Square Apartments
750 Queen Ave SEAlbany, OR 97322
close
View Me
3 Bedroom Apartments
Edgewater Village
871 Water AveAlbany, OR 97321
close
View Me
1 Bedroom Apartments
515 6th Ave SE
515 6th Ave SEAlbany, OR 97321
close
View Me
1 to 4 Bedroom Apartments
Hillhouse Apartments
1900 SE Hill StAlbany, OR 97322
close
View Me
Studio Apartments
Washington Street Studio Apartments
1410 Washington St SWAlbany, OR 97321
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.
close
View Me
Studio Apartments
926 5th Ave SE
926 5th Ave SEAlbany, OR 97321
Showing Results 1-19, Page 1 of 1
Downtown Albany, 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 Downtown Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Albany 1 Bedroom Apartments | $1,200 | $1,200 | $1,200 |
| Downtown Albany 2 Bedroom Apartments | $1,486 | $1,295 | $1,850 |
| Downtown Albany 3 Bedroom Apartments | $1,771 | $1,520 | $2,195 |
Browse Apartments in this Neighborhood
There are currently 19 rentals with your search options within a 1 mile radius of the Downtown Albany Neighborhood of Albany, OR.
See all Apartments in AlbanyExplore Albany
Downtown Albany, Albany, OR Local Guide
- Nearby Albany neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Albany Apartments for Rent
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Downtown Albany, OR
As of January 11, 2026 the best value apartment in the Downtown Albany area is the $1.68 price per square foot 533 4th Ave SW Model at 533 4th Ave SW, Unit 201 in the in the Monteith neighborhood starting from $1,850. The second greatest value Downtown Albany apartment is the 2 Beds, 1 Baths Model at Sheridan Plaza starting at $1,250 with a $1.45 price per square foot in the Monteith neighborhood. Here is today’s list of the best values for Downtown 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 | $1.68 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1.45 |
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.
Read Article
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.
Let everyone know!
Do you know the Downtown Albany area?
If you’re an expert on all things Downtown Albany, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly Lifestyle
Ranked #
Among cities in Oregon for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
Pet Friendly
Best Local Schools in Downtown Albany, Albany, OR
Central Elementary School
Greater Albany Public School District 8j
Public School - Grades 3-5 (120)
3 out of 10
West Albany High School
Greater Albany Public School District 8j
Public School - Grades 9-12 (1250)
8 out of 10
Memorial Middle School
Greater Albany Public School District 8j
Public School - Grades 6-8 (523)
4 out of 10
School data provided by Great Schools
Frequently Asked Questions about Cheap Downtown Albany Apartments
What is the lowest price for a Cheap Two Bedroom Downtown Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Albany is starting from $1,250 at Sheridan Plaza.
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
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.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!