522 SW Calapooia St
AlbanyOR97321
Cheap Homes for Rent in Albany, OR from $1,200 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.
1525 7th Ave SW, Unit #1, Unit #1
1525 7th Ave SW
AlbanyOR97321
324 SW Calapooia St
AlbanyOR97321
1445 NW Division St
CorvallisOR97330
3141 N Shore Dr SE
AlbanyOR97322
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.
3161 N Shore Dr SE
AlbanyOR97322
1640 Lawnridge St SW
AlbanyOR97321
2230 Oak St SE
AlbanyOR97322
1825 17th Ave
AlbanyOR97322
135-155 N 3rd St
JeffersonOR97352
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.
827-829 NW 29th St
CorvallisOR97330
Showing Results 1-11, 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 a home in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany 2 Bedroom Homes for Rent | $1,675 | $1,350 | $2,200 |
| Albany 3 Bedroom Homes for Rent | $2,232 | $1,725 | $2,895 |
| Albany 4 Bedroom Homes for Rent | $2,778 | $2,145 | $3,150 |
| Albany 5 Bedroom Homes for Rent | $3,745 | $2,495 | $4,995 |
| Albany 6 Bedroom Homes for Rent | $5,450 | $5,450 | $5,450 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Albany
Explore Albany
Albany, OR Local Guide
- Albany Neighborhoods
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Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 04/23/2026Current 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 | $1,822 | $1,245 | 8 |
| Hackleman | $1,822 | $1,245 | 36 |
| Monteith | $1,822 | $1,245 | 9 |
| Clover Ridge Station | $2,190 | $1,245 | 60 |
Cheapest Available Albany Apartments for Rent
The cheapest available apartment rental in Albany, OR is a 1 Bed unit found at #314 THE MAPLES APARTMENTS priced from $1,375. Timber Ridge Place Apartment Homes in the Clover Ridge Station neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,399. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| #314 THE MAPLES APARTMENTS | 1 Bedroom | 1BR,1BA | $1,375 |
| Timber Ridge Place Apartment Homes | Agate (Timberridge) | Studio,1BA | $1,399 |
| Meadows Apartments | MEA 2X1 NO WD HOOKUPS | 2BR,1BA | $1,405 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1,450 |
| Creekside Meadows | 1x1B | 1BR,1BA | $1,455 |
Best Value Apartments for Rent in Albany, OR
As of April 23, 2026 the best value apartment in the Albany area is the $1.73 price per square foot 2 Bedroom 1.5 Bath - 50085 Model at Salem Crossings in the in the Clover Ridge Station neighborhood starting from $1,725. The second greatest value Albany apartment is the 2 Beds, 1 Baths Model at Cape Lee Apartments starting at $1,495 with a $1.70 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. |
|---|---|---|---|
| Salem Crossings | 2 Bedroom 1.5 Bath - 50085 | 2BR,1.5BA | $1.73 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.70 |
| #314 THE MAPLES APARTMENTS | 1 Bedroom | 1BR,1BA | $1.72 |
| Meadows Apartments | MEA 2X1 W/STACKABLE WD | 2BR,1BA | $1.88 |
| Eagle Pointe Apartments- Resort-Style Living in Albany | 1 Bed 1 Bath | 1BR,1BA | $2.05 |
| Plumtree Apartments | 1x1 - Phase II | 1BR,1BA | $2.05 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $2.07 |
| Riverbend Apartments | One-Bedroom One-Bathroom - Mt. Bachelor 684 SF | 1BR,1BA | $2.16 |
| Creekside Meadows | 1x1B | 1BR,1BA | $2.37 |
| Timber Ridge Place Apartment Homes | Agate (Timberridge) | Studio ,1BA | $2.55 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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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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 K-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 Albany
What type of rentals are currently available in Albany?
There are currently 154 Apartments for Rent in Albany, OR with pricing that ranges from $1,245 to $2,314. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,200 to $5,450.
What is the current price range for Rental Homes in Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albany ranges from $1,200 to $5,450 with an average monthly rent of $2,846.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.