205 SE 6th Ave
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
1525 7th Ave SW
AlbanyOR97321
627 3rd St SE
AlbanyOR97321
3151 N Shore Dr SE
AlbanyOR97322
615 SE Chicago St
AlbanyOR97321
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.
1035 SW 8th Ave
AlbanyOR97321
2691-2693 18th Ave SE
AlbanyOR97322
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1101 Century Dr NE
AlbanyOR97322
3238 Lyon St SE, Unit 3238
3238 Lyon St SE
AlbanyOR97322
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.
808 SW Broadway St
AlbanyOR97321
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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 | $1,586 | $1,295 | $1,945 |
| Albany 3 Bedroom Homes for Rent | $2,339 | $1,900 | $2,895 |
| Albany 4 Bedroom Homes for Rent | $2,905 | $2,250 | $4,500 |
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: 12/05/2025Current 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 | $1,882 | $1,250 | 7 |
| Monteith | $1,882 | $1,250 | 8 |
| Clover Ridge Station | $2,202 | $1,219 | 46 |
| Hackleman | $2,245 | $1,250 | 31 |
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 $1,075. Cape Lee Apartments in the Clover Ridge Station neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,395. 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 | $1,075 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1,395 |
| Somerset Place | Agate (Somerset) | Studio,1BA | $1,410 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1,450 |
| Creekside Meadows | 1x1B | 1BR,1BA | $1,475 |
Best Value Apartments for Rent in Albany, OR
As of December 05, 2025 the best value apartment in the Albany area is the $1.59 price per square foot 2Bedroom, 1 Bath Remodeled W/Fence Model at Albany Meadows Apartments in the starting from $1,500. The second greatest value Albany apartment is the 2 Beds, 1 Baths Model at Cape Lee Apartments starting at $1,395 with a $1.59 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. |
|---|---|---|---|
| Albany Meadows Apartments | 2Bedroom, 1 Bath Remodeled W/Fence | 2BR,1BA | $1.59 |
| Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.59 |
| Cottonwood Manor | 2x2 | 2BR,2BA | $1.70 |
| Plumtree Apartments | 1x1 - Phase II | 1BR,1BA | $2.05 |
| Eagle Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $2.07 |
| Riverbend Apartments | 1 Bed A-F AC | 1BR,1BA | $2.23 |
| 731 Elm St SW, Unit Upstairs Apartment | 731 Elm St SW | 1BR,1BA | $2.68 |
| Creekside Meadows | 1x1B | 1BR,1BA | $2.40 |
| Somerset Place | Agate (Somerset) | Studio ,1BA | $2.57 |
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.
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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)
9 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 Albany
What type of rentals are currently available in Albany?
There are currently 163 Apartments for Rent in Albany, OR with pricing that ranges from $1,250 to $2,400. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,295 to $4,500.
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 $1,295 to $4,500 with an average monthly rent of $2,070.
How much are larger Three and Four Bedroom Rentals in Albany?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albany range from $1,520 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $2,895. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,195.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.