6295 Weldon Ct SW
AlbanyOR97321
Cheap Homes for Rent in Albany, OR from $1,235 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.
208 SE 5th Ave
AlbanyOR97321
2005 SE 5th Ave
AlbanyOR97321
3161 N Shore Dr SE
AlbanyOR97322
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
318 SW Washington St
AlbanyOR97321
2801 Raleigh Ct SE
AlbanyOR97322
1277 SE 2nd Ave
AlbanyOR97321
3238 Knox Butte Ave NE
AlbanyOR97321
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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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 | $1,676 | $1,235 | $1,995 |
| Albany 3 Bedroom Homes for Rent | $2,298 | $1,725 | $2,695 |
| Albany 4 Bedroom Homes for Rent | $2,848 | $2,695 | $3,150 |
| Albany 5 Bedroom Homes for Rent | $3,400 | $3,400 | $3,400 |
Browse Top Homes for Rent in Albany
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Albany, OR Local Guide
- Albany Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 09/08/2026Current apartment rentals in the Albany, OR area range in price from $1,100 to $9,182 with an overall median price of $2,130. Here is today’s list neighborhoods with the lowest median pricing for Albany Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Hackleman | $1,560 | $1,100 | 15 |
| Clover Ridge Station | $1,610 | $1,405 | 29 |
| Monteith | $5,011 | $1,100 | 4 |
| Downtown Albany | $5,157 | $1,100 | 4 |
Cheapest Available Albany Apartments for Rent
The cheapest available apartment rental in Albany, OR is a 1 Bed unit found at 903 in the Monteith neighborhood priced from $1,200. 475-18th Ave SE in the Monteith neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 903 | 1BR/1.0BA | 1BR,1BA | $1,200 |
| 475-18th Ave SE | 2x1 | 2BR,1BA | $1,450 |
| Riverbend Apartments | One-Bedroom One-Bathroom - Mt. Bachelor 684 SF | 1BR,1BA | $1,479 |
Best Value Apartments for Rent in Albany, OR
As of September 08, 2026 the best value apartment in the Albany area is the $1.64 price per square foot Rogue Three Bedroom Model at The Banks in the in the Hackleman neighborhood starting from $2,205. The second greatest value Albany apartment is the 533 4th Ave SW Model at 533 4th Ave SW, Unit 201 starting at $1,800 with a $1.64 price per square foot in the Monteith 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. |
|---|---|---|---|
| The Banks | Rogue Three Bedroom | 3BR,2BA | $1.64 |
| 533 4th Ave SW, Unit 201 | 533 4th Ave SW | 2BR,2BA | $1.64 |
| Salem Crossings | 2 Bedroom 1.5 Bath - 79100 | 2BR,1.5BA | $1.61 |
| Albany Meadows Apartments | 2 Bedroom, 1 Bath Fully Remodeled W/Fence | 2BR,1BA | $1.67 |
| 2549 Sherman St SE | 2549 Sherman St SE | 2BR,1BA | $1.75 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.70 |
| 475-18th Ave SE | 2x1 | 2BR,1BA | $1.68 |
| Eagle Pointe | 1x1 | 1BR,1BA | $2.19 |
| Plumtree Apartments | 1x1 | 1BR,1BA | $2.17 |
| Riverbend Apartments | One-Bedroom One-Bathroom - Mt. Bachelor 684 SF | 1BR,1BA | $2.16 |
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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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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Best Local Schools in Albany, OR
Liberty Elementary School
Greater Albany Public School District 8j
Public School - Grades K-5 (297)
8 out of 10
West Albany High School
Greater Albany Public School District 8j
Public School - Grades 9-12 (1297)
8 out of 10
Timber Ridge School
Greater Albany Public School District 8j
Public School - Grades K-8 (657)
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 164 Apartments for Rent in Albany, OR with pricing that ranges from $1,100 to $9,326. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,235 to $3,400.
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 $1,235 to $3,400 with an average monthly rent of $2,282.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.