2981 NE Kindsey Ln
AlbanyOR97321
Cheap Homes for Rent in Albany, OR from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.
730 Queen Ave SE
AlbanyOR97322
324 SW Calapooia St
AlbanyOR97321
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.
3312 NE Lancaster St
CorvallisOR97330
416 22nd Ave SW
AlbanyOR97322
3996 Linn Ave 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.
1650 SE Jackson St
AlbanyOR97322
Showing Results 1-7, 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 | $1,660 | $1,395 | $1,995 |
| Albany 3 Bedroom Homes for Rent | $2,304 | $1,945 | $3,000 |
| Albany 4 Bedroom Homes for Rent | $2,745 | $2,295 | $2,950 |
| Albany 5 Bedroom Homes for Rent | $3,047 | $2,495 | $3,600 |
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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Albany, OR
Pricing Updated: 06/07/2026Current 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 |
|---|---|---|---|
| Clover Ridge Station | $2,190 | $1,225 | 29 |
| Hackleman | $2,205 | $1,225 | 21 |
| Downtown Albany | $2,295 | $1,225 | 5 |
| Monteith | $2,295 | $1,100 | 6 |
Cheapest Available Albany Apartments for Rent
The cheapest available apartment rental in Albany, OR is a 1 Bed unit found at Queen Court Apartments in the Clover Ridge Station neighborhood priced from $1,350. #314 THE MAPLES APARTMENTS has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,375. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Queen Court Apartments | 1x1 | 1BR,1BA | $1,350 |
| #314 THE MAPLES APARTMENTS | 1 Bedroom | 1BR,1BA | $1,375 |
| Park Village: CodePVTopShevMurr | 2BR/1.0BA | 2BR,1BA | $1,400 |
Best Value Apartments for Rent in Albany, OR
As of June 07, 2026 the best value apartment in the Albany area is the $1.53 price per square foot 2 Bedroom 1.5 Bath - 50085 Model at Salem Crossings in the in the Clover Ridge Station neighborhood starting from $1,525. The second greatest value Albany apartment is the 2Bedroom, 1 Bath Remodeled W/Fence Model at Albany Meadows Apartments starting at $1,575 with a $1.67 price per square foot . 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 | $1.53 |
| Albany Meadows Apartments | 2Bedroom, 1 Bath Remodeled W/Fence | 2BR,1BA | $1.67 |
| #314 THE MAPLES APARTMENTS | 1 Bedroom | 1BR,1BA | $1.72 |
| Eagle Pointe Apartments- Resort-Style Living in Albany | 1 Bed 1 Bath | 1BR,1BA | $2.20 |
| Queen Court Apartments | 1x1 | 1BR,1BA | $1.93 |
| Riverbend Apartments | One-Bedroom One-Bathroom - Mt. Bachelor 684 SF | 1BR,1BA | $2.16 |
| Creekside Meadows | 1x1B | 1BR,1BA | $2.51 |
| The Banks | Pebble Studio | Studio ,1BA | $2.58 |
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
Real 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.
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.
Let everyone know!
Do you know the Albany area?
If you’re an expert on all things Albany, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 160 Apartments for Rent in Albany, OR with pricing that ranges from $1,100 to $2,395. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $1,000 to $3,600.
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 $1,000 to $3,600 with an average monthly rent of $2,221.
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
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.