
Cheap Homes for Rent in Albemarle, NC from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Albemarle.


203 Church St

626 Eldorado St

640 Pee Dee Ave

517 Concord Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

200 Hillcrest Rd

6870 Frankfurt Dr

1217 Summer St

451 Montgomery Ave

116 Aikman Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Albemarle, NC Local Guide

How much does it cost to rent a home in Albemarle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albemarle 2 Bedroom Homes for Rent | $1,349 | $950 | $1,800 |
| Albemarle 3 Bedroom Homes for Rent | $1,822 | $1,250 | $2,800 |
| Albemarle 4 Bedroom Homes for Rent | $2,031 | $1,100 | $2,815 |
| Albemarle 5 Bedroom Homes for Rent | $3,494 | $3,489 | $3,500 |
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Albemarle, NC Local Guide
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Cheapest Neighborhoods for Apartments in Albemarle, NC
Pricing Updated: 08/08/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Albermarie | $1,675 | $995 | 4 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waters Edge Apartment Homes (NC) | Studio - Waters Edge - 336 sqft | Studio,1BA | $885 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $995 |
| Concord Flats | Studio Standard - Call For Availability | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tower Place | C2 | 3BR,2BA | $1.42 |
| American Ave NE | 3BR/2.0BA | 3BR,2BA | $1.00 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| Northway at Woodcrest | Renovated | 3BR,1BA | $1.41 |
| The Retreat at Kannapolis | 2Bd 1.5Bth TH Reno | 2BR,1.5BA | $1.25 |
| Meadow Creek | 2 Bedroom 1.5 Bath Garden | 2BR,1.5BA | $1.27 |
| Beautiful Chesney Woods Townhomes | 2BR/1.5BA | 2BR,1.5BA | $1.44 |
| Oak Ridge Duplexes | OakRidge Duplex (Garden style) 2br 1ba, White O... | 2BR,1BA | $1.39 |
| Allison Heights | 2BR/1.0BA | 2BR,1BA | $1.15 |
| Longview Meadow | The Willow | 2BR,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.
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.
Best Local Schools in Albemarle, NC
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albemarle, NC Rentals by Map
See the most popular apartments and homes in Albemarle, NC
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.