208 SE 5th Ave
AlbanyOR97321
Cheap Homes for Rent in Albany, OR from $1,100 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.
1525 7th Ave SW, Unit #1
1525 7th Ave SW
AlbanyOR97321
3151 N Shore Dr SE
AlbanyOR97322
1644 Oak St SE
AlbanyOR97322
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.
6295 Weldon Ct SW
AlbanyOR97321
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$1,6003 Bedroom Apartments Available Now
620 SW 4th Ave
620 SW 4th AveAlbany, OR 97321
584 22nd Ave SW
AlbanyOR97322
227 25th Ave 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 | $1,722 | $1,350 | $2,500 |
| Albany 3 Bedroom Homes for Rent | $2,345 | $1,895 | $3,250 |
| Albany 4 Bedroom Homes for Rent | $2,886 | $2,000 | $4,500 |
Browse Top Homes for Rent in Albany
Explore Albany
Albany, OR Local Guide
- Albany Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 01/20/2026Current 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 | $1,600 | $1,200 | 5 |
| Monteith | $1,695 | $1,200 | 6 |
| Hackleman | $2,195 | $1,200 | 40 |
| Clover Ridge Station | $2,255 | $1,025 | 62 |
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 $950. Sheridan Plaza in the Monteith neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. 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 | $950 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1,250 |
| The Maples Apartments | 1Bedroom 1 Bath | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Albany, OR
As of January 20, 2026 the best value apartment in the Albany area is the $1.64 price per square foot Albany Meadows 3 Bedroom, 2 Bath Model at Albany Meadows Apartments in the starting from $1,800. The second greatest value Albany apartment is the 533 4th Ave SW Model at 533 4th Ave SW, Unit 201 starting at $1,775 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. |
|---|---|---|---|
| Albany Meadows Apartments | Albany Meadows 3 Bedroom, 2 Bath | 3BR,2BA | $1.64 |
| 533 4th Ave SW, Unit 201 | 533 4th Ave SW | 2BR,2BA | $1.61 |
| Knox Butte Apartments | 2x1 Downstairs | 2BR,1BA | $1.45 |
| Sheridan Plaza | 2 Beds, 1 Baths | 2BR,1BA | $1.45 |
| The Maples Apartments | 1Bedroom 1 Bath | 1BR,1BA | $1.69 |
| Cottonwood Manor | 2x2 | 2BR,2BA | $1.70 |
| Plumtree Apartments | 1x1 - Phase II | 1BR,1BA | $2.05 |
| Timber Ridge Place Apartment Homes | Creek (Timberridge) | 1BR,1BA | $2.10 |
| Eagle Pointe | 1 Bed 1 Bath | 1BR,1BA | $2.13 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $2.07 |
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.
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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 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 166 Apartments for Rent in Albany, OR with pricing that ranges from $1,025 to $2,400. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,195 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 $1,195 to $4,500 with an average monthly rent of $2,154.
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 $1,895 to $3,250. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $2,195.
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!