
Cheap Apartments for Rent in Albion, IA from $300 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.


The Reserves at South Lake

Hubbard Maple Street Apartments

Hunters Run

Woodland Park - Eldora

Grandview Square Apartments

Woodland Heights

Pheasant Run Apartments

104 2nd Ave N

116 Shepard St
Albion, IA Local Guide

How much does it cost to rent an apartment in Albion?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albion Studio Apartments | $785 | $650 | $870 |
Albion 1 Bedroom Apartments | $1,059 | $394 | $2,382 |
Albion 2 Bedroom Apartments | $951 | $467 | $3,193 |
Albion 3 Bedroom Apartments | $902 | $465 | $1,500 |
Albion 4 Bedroom Apartments | $445 | $445 | $445 |
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Albion, IA Local Guide
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Cheapest Available Albion Apartments for Rent and Nearby
 The cheapest available apartment rental in Albion, IA is a 1 Bed unit found at The Reserves at South Lake in the East Gate Estates neighborhood priced from $395. Hubbard Maple Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $450. Here is today’s list of the most affordable Albion apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Reserves at South Lake | 1B1B | 1BR,1BA | $395 |
Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $450 |
Hunters Run | A1 | 1BR,1BA | $550 |
The Tallcorn | 1 bedroom, 1 bath | 1BR,1BA | $620 |
Woodland Park - Eldora | Studio | Studio,1BA | $650 |
Best Value Apartments for Rent in Albion, IA and Nearby
As of August 30, 2025 the best value apartment in the Albion area is the $0.61 price per square foot 3 Bed 1 Bath Model at Pheasant Hollow Apartments in the starting from $850. The second greatest value Albion apartment is the B - 2x2 Model at The Quarters Ames starting at $750 with a $0.63 price per square foot in the South Ames neighborhood. Here is today’s list of the best values for Albion apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Pheasant Hollow Apartments | 3 Bed 1 Bath | 3BR,1BA | $0.61 |
The Quarters Ames | B - 2x2 | 2BR,2BA | $0.63 |
The Landing Ames | C3 - 3x3 | 3BR,3BA | $0.47 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.80 |
Northridge Apartments | 2 BR/ 1 BA | 2BR,1BA | $0.89 |
Hunters Run | B2 | 2BR,1BA | $0.82 |
SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.97 |
The Reserves at South Lake | 1B1B | 1BR,1BA | $0.61 |
Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.73 |
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Getting Around Albion, IA
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Albion Apartments
What is the Cheapest Studio apartment in Albion?
Currently the most affordable Cheap Studio Apartment in Albion is at Woodland Park - Eldora listed at $650.
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $395 at The Reserves at South Lake.
What is the lowest price for a Cheap Two Bedroom Albion Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Albion is starting from $470 at The Reserves at South Lake.
What is the most affordable Albion Three Bedroom Apartment?
The best deal on a cheap Albion Three Bedroom Apartment rental is at The Reserves at South Lake and starts from $536.
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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.