Cheap Apartments for Rent in Albany, WI from $400 (49 Rentals)

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

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Albany Arms
1 Bedroom Apartments

Albany Arms

100-102 S Jackson StAlbany, WI 53502
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Alice Place Monroe
Rent Specials
$913 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$913 - $1,200

Total Monthly Price
$913 - $1,200
1 to 2 Bedroom Apartments Available Now

Alice Place Monroe

124 County Rd NMonroe, WI 53566
Senior Living
  • Verified
  • Low Income
  • Smoke Free

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.

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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Prairie Crest Apartments
Rent Specials
$1,330 - $1,905
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $1,905

Total Monthly Price
$1,330 - $1,905
Studio to 2 Bedroom Apartments Available Now

Prairie Crest Apartments

321 Meadowside DrVerona, WI 53593
Active Lifestyle
  • Verified
  • Customer Reviewed
  • Utilities Included

Cash 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.

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The Juniper
Rent Specials
$1,445 - $2,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $2,720

Total Monthly Price
$1,445 - $2,720
1 to 3 Bedroom Apartments Available Now

The Juniper

2692 Botanical DrFitchburg, WI 53711
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 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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15 N High St
3 Bedroom Apartments

15 N High St

15 N High StJanesville, WI 53548
  • Utilities Included
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Twin Peaks
2 Bedroom Apartments

Twin Peaks

881-889 Janesville StOregon, WI 53575
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Oakmont Senior Community
Studio to 2 Bedroom Apartments

Oakmont Senior Community

841 N Main StVerona, WI 53593
Senior Living
  • Utilities Included

Albany, WI Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, WI is a 1 Bed unit found at Alice Place Monroe priced from $913. Monterey Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alice Place Monroe1 Bedroom1BR,1BA$913
Monterey Apartments101Studio,1BA$930
Rosewood Apartments1 Bed 1 Bath Market1BR,1BA$999
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1,050
Prairie BrookC1FStudio,1BA$1,055
Sugar Creek Senior ApartmentsFloor plan E,D,G11BR,1BA$1,075
The Commons of Foxboro101 - 1 Bed / 1 Bath1BR,1BA$1,100
Washington Highlands LLC2 Bed Lower2BR,1BA$1,150
The Fifty OneStudio - Second Floor W/ ParkingStudio,1BA$1,255
Indrive ApartmentsTWO2BR,1BA$1,300

Best Value Apartments for Rent in Albany, WI and Nearby

As of May 07, 2026 the best value apartment in the Albany area is the $1.43 price per square foot 3x2.5 APT-L Model at Limerick in the in the West Madison neighborhood starting from $2,295. The second greatest value Albany apartment is the 2-Bed Townhome Model at Fairhaven Court Townhomes starting at $1,995 with a $1.31 price per square foot in the Outer Verona neighborhood. 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.
Limerick3x2.5 APT-L3BR,2.5BA$1.43
Fairhaven Court Townhomes2-Bed Townhome2BR,2.5BA$1.31
Harper Court TownhomesC42BR,2BA$1.55
Klassik3x2 TH3BR,2BA$1.06
Cascade Falls3 Bed 1 Bath3BR,1BA$1.32
Rosewood Apartments2 Bed 2 Bath Market2BR,2BA$1.50
201 - 207 West Win Heights201 - 2 Bed / 2 Bath2BR,2BA$1.04
Washington Highlands LLC2 Bed Lower2BR,1BA$1.15
The Commons of Foxboro101 - 1 Bed / 1 Bath1BR,1BA$1.38
Alice Place Monroe1 Bedroom1BR,1BA$1.38

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.

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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.

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Frequently Asked Questions about Cheap Albany Apartments

What is the Cheapest Studio apartment in Albany?

Currently the most affordable Cheap Studio Apartment in Albany is at Monterey Apartments listed at $930.

How much is rent for a Cheap One Bedroom Albany Apartment?

The lowest price for a Cheap One Bedroom Albany Apartment is $913 at Alice Place Monroe.

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 $1,050 at 201 - 207 West Win Heights.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Cascade Falls and starts from $1,505.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.