Cheap Homes for Rent in Albemarle, NC from $500 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Done

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

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.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Albemarle, NC Local Guide

Cheapest Neighborhoods for Apartments in Albemarle, NC

Pricing Updated: 06/04/2025

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

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Albermarie$925$9251

Cheapest Available Albemarle Apartments for Rent

 

The cheapest available apartment rental in Albemarle, NC is a 1 Bed unit found at 121 Heath St priced from $845. 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
121 Heath StOne Bed1BR,1BA$845
Allison HeightsAllison Heights2BR,1BA$995
Concord FlatsStudio Standard - Call For AvailabilityStudio,1BA$1,000

Best Value Apartments for Rent in Albemarle, NC

As of June 04, 2025 the best value apartment in the Albemarle area is the $1.38 price per square foot 4 Bedroom Townhome Model at Greens of Concord Apartments in the in the Oak Crest neighborhood starting from $1,868. The second greatest value Albemarle apartment is the 3x2 The Heritage Model at The Bridges Of Cabarrus starting at $1,795 with a $1.35 price per square foot in the Oak Crest 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.
Greens of Concord Apartments4 Bedroom Townhome4BR,2BA$1.38
The Bridges Of Cabarrus3x2 The Heritage3BR,2BA$1.35
The Grand on JulianThe Dogwood - w/ Patio2BR,2BA$1.28
Courtyard on Main3 Bedroom 2 Bathroom3BR,2BA$1.32
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.36
Allison HeightsAllison Heights2BR,1BA$1.00
Oak Ridge Duplexes2BR/1.5BA2BR,1.5BA$1.26
Chesney Woods Apartment Homes2D2BR,1.5BA$1.28
American Ave NE2BR/2.0BA2BR,2BA$1.22
121 Heath StOne Bed1BR,1BA$1.41

Quick 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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Albemarle

What type of rentals are currently available in Albemarle?

There are currently 68 Apartments for Rent in Albemarle, NC with pricing that ranges from $845 to $4,344. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albemarle ranging from $575 to $3,450.

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 $3,450 with an average monthly rent of $1,335.

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 $1,345 to $3,412, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $2,269. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,548.

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.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.