Cheap Apartments for Rent in Albany, TX from $400 (14 Rentals)

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Search the lowest-cost Apartments available for rent right now in Albany.

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.

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Canterbury Crossing
1 to 3 Bedroom Apartments

Canterbury Crossing

1250 Yeomans RdAbilene, TX 79602
  • Utilities Included
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Laguna Loft Apartments
1 to 2 Bedroom Apartments

Laguna Loft Apartments

400 Concord Hilton BlvdCisco, TX 76437
  • Utilities Included

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.

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Sunset Villas
1 to 2 Bedroom Apartments

Sunset Villas

657 Ruidosa AveAbilene, TX 79605
  • Smoke Free

Albany, TX Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, TX is a 3 Beds unit found at Canterbury Crossing in the North College neighborhood priced from $574. The Patrick has the second lowest priced unit, which is a 1 Bed apartment currently listed from $686. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Canterbury CrossingC2-30%3BR,2BA$574
The PatrickA11BR,1BA$686
Willow Apts, 929 Brazos, Graham, TX 764502nd Floor2BR,1BA$795
Maverick Townhomes1/11BR,1BA$795
Newport VillageThe Andover1BR,1BA$800

Best Value Apartments for Rent in Albany, TX and Nearby

As of September 05, 2025 the best value apartment in the Albany area is the $1.38 price per square foot 3 Bedroom Model at The Grand at Buffalo Run in the in the North College neighborhood starting from $1,650. The second greatest value Albany apartment is the 2 Bedroom Model at Mustang Heights starting at $892 with a $0.89 price per square foot . Here is today’s list of the best values for Albany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grand at Buffalo Run3 Bedroom3BR,3BA$1.38
Mustang Heights2 Bedroom2BR,2BA$0.89
Heritage Heights at AbileneB2-60%2BR,2BA$1.10
Willow Apts, 929 Brazos, Graham, TX 764501st Floor2BR,1BA$0.99
Maverick Townhomes2/12BR,1BA$1.47
The PatrickA11BR,1BA$1.10
Sedona ApartmentsA1U1BR,1BA$1.33
Sunscape Apartments1 Bedroom 1 Bathroom1BR,1BA$1.54
Comanche TownhomesSingle Story 1 Bedroom1BR,1BA$1.50
Newport VillageThe Andover1BR,1BA$1.57

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Albany, TX

Walk Score®

26 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 $686 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 $790 at The Patrick.

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 $574.

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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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.

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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.

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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.