
Cheap Apartments for Rent near Albany, TX from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Albany.


Comanche Townhomes

Sadosa Ridge

Maverick Townhomes

Copper Creek Apartments

The Landing Apartments

Riatta Ranch

Willow Apts, 929 Brazos, Graham, TX 76450

Aspen Place

The Edge
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.

Curry Junction Apartments

Buffalo Ridge

Velta Villas

Indian Run Apartments

Bel Air Springs

Sierra Sunset

Bel Air Creekside

Bel Air Estates

Bel Air on 25th

Virtu on Denali
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.

Bel Air West

The Grand at Buffalo Run

Lexington Court

The Residence at Heritage Park

Stonegate

The Reserve at Abilene

Canterbury Crossing

The Residence at Autumn Sage

The Trails at Abilene

Heritage Heights at Abilene
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Laguna Loft Apartments

Sedona Apartments

Newport Village

Cedar Creek Apartment Homes

204 Marlin St

Parkridge Place Apartments

Mustang Heights

332 Waters St

1750 N 5th St

Pecan Ridge Eastland
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.

1360 Mulberry St

Summit at Abilene North

Sunscape Apartments

Elmwood Terrace

2310 N 18th St

1502 N 15th St

Southlake Villas

925 E N 13th St

1742 Victoria St

1350 Lillius St
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.
Albany, TX Local Guide

How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany Studio Apartments | $875 | $875 | $875 |
| Albany 1 Bedroom Apartments | $1,301 | $634 | $2,642 |
| Albany 2 Bedroom Apartments | $1,689 | $698 | $4,171 |
| Albany 3 Bedroom Apartments | $2,050 | $1,065 | $3,000 |
Browse Top Apartments in Albany
See all Apartments in AlbanyExplore Albany
Albany, TX Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Albany Apartments for Rent and Nearby
 The cheapest available apartment rental in Albany, TX is a 2 Beds unit found at Heritage Heights at Abilene in the Chimney Rock Area neighborhood priced from $541. The Patrick has the second lowest priced unit, which is a 1 Bed apartment currently listed from $598. Here is today’s list of the most affordable Albany apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heritage Heights at Abilene | B2 | 2BR,2BA | $541 |
| The Patrick | A1 | 1BR,1BA | $598 |
| Canterbury Crossing | C2-30%/30% | 3BR,2BA | $611 |
| Sedona Apartments | A2U | 1BR,1BA | $810 |
| Comanche Townhomes | Single Story 1 Bedroom | 1BR,1BA | $825 |
| Maverick Townhomes | 1/1 | 1BR,1BA | $850 |
| Sadosa Ridge | 1 Bedroom/1 Bath | 1BR,1BA | $850 |
| Willow Apts, 929 Brazos, Graham, TX 76450 | 2nd Floor | 2BR,1BA | $895 |
| Sunscape Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,200 |
| Curry Junction Apartments | 2 Beds | 2BR,2BA | $1,265 |
Best Value Apartments for Rent in Albany, TX and Nearby
As of July 25, 2026 the best value apartment in the Albany area is the $1.59 price per square foot C2 Model at Bel Air Estates in the in the Chimney Rock Area neighborhood starting from $3,000. The second greatest value Albany apartment is the C1-MKT Model at The Trails at Abilene starting at $1,475 with a $1.15 price per square foot in the North Abilene 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. |
|---|---|---|---|
| Bel Air Estates | C2 | 3BR,2BA | $1.59 |
| The Trails at Abilene | C1-MKT | 3BR,2BA | $1.15 |
| Curry Junction Apartments | 2 Beds | 2BR,2BA | $1.26 |
| Canterbury Crossing | C1-60%/30% | 3BR,2BA | $1.33 |
| Heritage Heights at Abilene | B2 | 2BR,2BA | $0.55 |
| Willow Apts, 929 Brazos, Graham, TX 76450 | 1st Floor | 2BR,1BA | $1.12 |
| Sadosa Ridge | 1 Bedroom/1 Bath | 1BR,1BA | $1.32 |
| The Patrick | A1 | 1BR,1BA | $0.96 |
| Sedona Apartments | A1U | 1BR,1BA | $1.33 |
| Comanche Townhomes | Single Story 1 Bedroom | 1BR,1BA | $1.50 |
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 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albany, TX Rentals by Map
See the most popular apartments and homes in Albany, TX
Frequently Asked Questions about Cheap Albany Apartments
How much is rent for a Cheap One Bedroom Albany Apartment?
The lowest price for a Cheap One Bedroom Albany Apartment is $598 at The Patrick.
What is the lowest price for a Cheap Two Bedroom Albany Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Albany is starting from $541 at Heritage Heights at Abilene.
What is the most affordable Albany Three Bedroom Apartment?
The best deal on a cheap Albany Three Bedroom Apartment rental is at Canterbury Crossing and starts from $611.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.