
Cheap Homes for Rent in Albany, OR from $1,200 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.


205 SE 6th Ave
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730 Queen Ave SE

2005 SE 5th Ave

3151 N Shore Dr SE

1101 Century Dr NE

3141 N Shore Dr SE

2901 Waverly Dr SE

2915 Waverly Dr SE

808 SW Broadway St
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.
Albany, OR Local Guide

How much does it cost to rent a home in Albany?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albany 2 Bedroom Homes for Rent | $1,686 | $1,295 | $2,150 |
Albany 3 Bedroom Homes for Rent | $2,310 | $1,950 | $2,875 |
Albany 4 Bedroom Homes for Rent | $2,782 | $2,245 | $3,000 |
Albany 5 Bedroom Homes for Rent | $2,695 | $2,695 | $2,695 |
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: 08/13/2025Current 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 | $1,495 | $1,275 | 4 |
Monteith | $1,572 | $1,275 | 5 |
Hackleman | $1,885 | $1,250 | 21 |
Clover Ridge Station | $2,165 | $1,250 | 36 |
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 |
Timber Ridge Place Apartment Homes | Agate (Timberridge) | Studio,1BA | $1,410 |
Best Value Apartments for Rent in Albany, OR
As of August 13, 2025 the best value apartment in the Albany area is the $1.56 price per square foot Renovated Townhome Model at Lakeside Manor Townhomes in the in the Clover Ridge Station neighborhood starting from $1,550. The second greatest value Albany apartment is the 3BR/1.5BA Model at Park Village: CodePVTopShevMurr starting at $1,500 with a $1.61 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. |
---|---|---|---|
Lakeside Manor Townhomes | Renovated Townhome | 2BR,1.5BA | $1.56 |
Park Village: CodePVTopShevMurr | 3BR/1.5BA | 3BR,1.5BA | $1.61 |
Cape Lee Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.59 |
Eagle Pointe Apartments | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
Queen Court Apartments | 1x1 | 1BR,1BA | $2.07 |
Cottonwood Manor | 1x1 | 1BR,1BA | $1.65 |
Creekside Meadows | 1x1C | 1BR,1BA | $2.44 |
The Banks | Pebble Studio | Studio ,1BA | $2.77 |
Timber Ridge Place Apartment Homes | Agate (Timberridge) | Studio ,1BA | $2.57 |
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Frequently Asked Questions about Albany
What type of rentals are currently available in Albany?
There are currently 158 Apartments for Rent in Albany, OR with pricing that ranges from $1,200 to $2,695. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,200 to $3,000.
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 $3,000 with an average monthly rent of $2,204.
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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.