Cheap Homes for Rent in Albemarle, NC from $500 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Albemarle.

property at 203 Church St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Townhome for Rent

Available Now

203 Church St

AlbemarleNC28001

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Albemarle, NC Local Guide

Cheapest Neighborhoods for Apartments in Albemarle, NC

Pricing Updated: 08/08/2026

Current apartment rentals in the Albemarle, NC area range in price from $995 to $2,365 with an overall median price of $1,675. Here is today’s list neighborhoods with the lowest median pricing for Albemarle Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Albermarie$1,675$9954

Cheapest Available Albemarle Apartments for Rent

 

The cheapest available apartment rental in Albemarle, NC is a Studio unit found at Waters Edge Apartment Homes (NC) in the Oak Crest neighborhood priced from $885. Allison Heights in the Goodman Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Albemarle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Waters Edge Apartment Homes (NC)Studio - Waters Edge - 336 sqftStudio,1BA$885
Allison Heights2BR/1.0BA2BR,1BA$995
Concord FlatsStudio Standard - Call For AvailabilityStudio,1BA$999

Best Value Apartments for Rent in Albemarle, NC

As of August 08, 2026 the best value apartment in the Albemarle area is the $1.42 price per square foot C2 Model at Tower Place in the in the Foxlaire neighborhood starting from $1,808. The second greatest value Albemarle apartment is the 3BR/2.0BA Model at American Ave NE starting at $1,150 with a $1.00 price per square foot in the Haddington Estates neighborhood. Here is today’s list of the best values for Albemarle apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tower PlaceC23BR,2BA$1.42
American Ave NE3BR/2.0BA3BR,2BA$1.00
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
Northway at WoodcrestRenovated3BR,1BA$1.41
The Retreat at Kannapolis2Bd 1.5Bth TH Reno2BR,1.5BA$1.25
Meadow Creek2 Bedroom 1.5 Bath Garden2BR,1.5BA$1.27
Beautiful Chesney Woods Townhomes2BR/1.5BA2BR,1.5BA$1.44
Oak Ridge DuplexesOakRidge Duplex (Garden style) 2br 1ba, White O...2BR,1BA$1.39
Allison Heights2BR/1.0BA2BR,1BA$1.15
Longview MeadowThe Willow2BR,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.

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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 Albemarle

What type of rentals are currently available in Albemarle?

There are currently 66 Apartments for Rent in Albemarle, NC with pricing that ranges from $885 to $2,579. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albemarle ranging from $575 to $3,500.

What is the current price range for Rental Homes in Albemarle?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Albemarle ranges from $575 to $3,500 with an average monthly rent of $1,805.

How much are larger Three and Four Bedroom Rentals in Albemarle?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Albemarle range from $1,245 to $1,845, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,868.

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

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.