
Cheap Apartments for Rent in Albany, WI from $400 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Albany.


201 - 207 West Win Heights

Total Monthly Price
Alice Place Monroe

Monterey Apartments

Rosewood Apartments

Prairie Brook

The Commons of Foxboro

Indrive Apartments

Sugar Creek Senior Apartments

Alpine Haus LLC
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.

Andes Apartments

School House Yards

Klassik

Palmer Park Apartments

The Shop Lofts

Limerick

298 Prairie View St

McComb Place Apartments

Elan

Total Monthly Price
Prairie Crest Apartments
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.

Fairhaven Court Apartments

The Addison

CC Lane Apartments and Townhomes

Hometown Grove Apartments

The West End

Irish Fields

Total Monthly Price
The Juniper

Westridge Apartments

Franklin Mill Apartments

Total Monthly Price
880 N Main St
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.

Cascade Falls

Scenic Ridge Apartments

Main Street Townhomes

Fairhaven Court Townhomes

Total Monthly Price
Lincoln Street Apartments

Velocity Apartments

One Glenn Place

Mill District Apartments

Riverstone Townhomes

Copper Creek
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.

Sugar Creek Commons

1528 W Main St

15 N High St

Washington Highlands LLC

Twin Peaks

The Fifty One

Oakmont Senior Community

2 S Wickham Ct

124 Miller St

509 S Perry Parkway
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.
Albany, WI Local Guide

How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany Studio Apartments | $1,363 | $930 | $1,984 |
| Albany 1 Bedroom Apartments | $1,551 | $895 | $2,480 |
| Albany 2 Bedroom Apartments | $1,906 | $900 | $3,244 |
| Albany 3 Bedroom Apartments | $2,203 | $1,505 | $3,050 |
Browse Top Apartments in Albany
See all Apartments in AlbanyExplore Albany
Albany, WI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Alice Place Monroe | 1 Bedroom | 1BR,1BA | $913 |
| Monterey Apartments | 101 | Studio,1BA | $930 |
| 201 - 207 West Win Heights | 207 - 2 Bed / 1.5 Bath | 2BR,1BA | $945 |
| Rosewood Apartments | 1 Bed 1 Bath Market | 1BR,1BA | $999 |
| Sugar Creek Senior Apartments | Floor plan E,D,G1 | 1BR,1BA | $1,075 |
| Prairie Brook | C2F | Studio,1BA | $1,075 |
| The Commons of Foxboro | 101 - 1 Bed / 1 Bath | 1BR,1BA | $1,100 |
| Klassik | 1x1 | 1BR,1BA | $1,164 |
| Indrive Apartments | TWO | 2BR,1BA | $1,300 |
| Fairhaven Court Apartments | 0BD/1BA Studio | Studio,1BA | $1,350 |
Best Value Apartments for Rent in Albany, WI and Nearby
As of June 22, 2026 the best value apartment in the Albany area is the $1.19 price per square foot 3x2.5 APT-L Model at Limerick in the in the West Madison neighborhood starting from $1,910. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Limerick | 3x2.5 APT-L | 3BR,2.5BA | $1.19 |
| Fairhaven Court Townhomes | 2-Bed Townhome | 2BR,2.5BA | $1.31 |
| The West End | 2 Bed + Loft | 2BR,2BA | $1.47 |
| Copper Creek | C | 2BR,2BA | $1.59 |
| Cascade Falls | 3 Bed 1 Bath | 3BR,1BA | $1.32 |
| Rosewood Apartments | 2 Bed 2 Bath Market | 2BR,2BA | $1.50 |
| Franklin Mill Apartments | 2BR/1.0BA | 2BR,1BA | $1.40 |
| 201 - 207 West Win Heights | 207 - 2 Bed / 2 Bath | 2BR,2BA | $1.04 |
| The Commons of Foxboro | 101 - 1 Bed / 1 Bath | 1BR,1BA | $1.38 |
| Alice Place Monroe | 1 Bedroom | 1BR,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.
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, WI Rentals by Map
See the most popular apartments and homes in Albany, WI
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 $945 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

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.

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.