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.

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.

property at 2228 E Main St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

1 Bedroom, 1 Bath Home for Rent

Available Now

2228 E Main St

AlbemarleNC28001

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.

Albemarle, NC Local Guide

Cheapest Neighborhoods for Apartments in Albemarle, NC

Pricing Updated: 06/22/2026

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$1,950$9954

Cheapest Available Albemarle Apartments for Rent

 

The cheapest available apartment rental in Albemarle, NC is a Studio unit found at Kannan Station Apartment Homes in the Oak Crest neighborhood priced from $885. Waters Edge Apartment Homes (NC) in the Oak Crest neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $930. Here is today’s list of the most affordable Albemarle apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Kannan Station Apartment HomesStudioStudio,1BA$885
Waters Edge Apartment Homes (NC)Studio - Waters Edge - 336 sqftStudio,1BA$930
Parkway Station Apartment HomesOne Bedroom- 400 sqft1BR,1BA$945

Best Value Apartments for Rent in Albemarle, NC

As of June 22, 2026 the best value apartment in the Albemarle area is the $1.42 price per square foot 3BR, 2BA-1250 SF Model at The Villas at Rocky River in the in the East Charlotte neighborhood starting from $1,775. The second greatest value Albemarle apartment is the 3BR/2.0BA Model at American Ave NE starting at $1,350 with a $1.17 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.
The Villas at Rocky River3BR, 2BA-1250 SF3BR,2BA$1.42
American Ave NE3BR/2.0BA3BR,2BA$1.17
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
The Grand on JulianThe Tarheel - w/ Sunroom1BR,1BA$1.35
x - Meadow Creek Townhomes2 Bedroom 1.5 Bath Garden Style Apartment Home2BR,1.5BA$1.38
Edge at ConcordConcord2BR,1.5BA$1.24
White Oak Apartments500/508 Jackson Pk Rd, 2br 1.5ba Townhome | Kan...2BR,1.5BA$1.41
Oak Ridge DuplexesOakRidge Duplex (Garden style) 2br 1ba, White O...2BR,1BA$1.39

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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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.

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

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Frequently Asked Questions about Albemarle

What type of rentals are currently available in Albemarle?

There are currently 64 Apartments for Rent in Albemarle, NC with pricing that ranges from $885 to $2,726. There are also 43 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 $1,693.

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 $1,340 to $2,726, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,653.

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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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.

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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.

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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.

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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.