
Cheap Apartments for Rent near Albion, IA from $300 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.


Hubbard Maple Street Apartments

Furman 24th Street Apartments

Woodland Park - Eldora

Grandview Square Apartments

110 N Maple St

Pheasant Hollow Apartments

Woodland Heights

Hotel Maytag Apartments

Pheasant Run Apartments
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.

Bergengreen Apartments

Hunters Run

Melrose Park Apartments

Walnut Creek Apartments

Spaulding Lofts

Northridge Apartments

3500 Grand Ave

Southtown Apartments

South Meadow

SUNDANCE MARSHALLTOWN APARTMENTS
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.

THE ARBORS APARTMENTS

East Olive Apartments

Olive Terrace Apartments

420 S 4th St

Santa Barbara

East Park Village Apartments

Crystal Street Apartments

Southern Hills

Plant 1 Lofts

Lions Gate Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Brick Towne Ames

Northern Lights Apartments

Clock Tower Senior Apartments

Stella Townhomes

17 E Howard St

The Tallcorn

520 5th St

312 Sycamore St

210 N Main St

309 N 3rd St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

425 McClellan St

Marshalltown Estates

919 6th St

Grinnell Park Apartments

Newton Park Apartments

215 N Main St

2721 Luther Dr

5504 Kansas Dr

238 Village Dr

SUNDANCE NEWTON APARTMENTS
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.
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 | $797 | $610 | $955 |
| Albion 1 Bedroom Apartments | $845 | $460 | $1,150 |
| Albion 2 Bedroom Apartments | $923 | $615 | $2,200 |
| Albion 3 Bedroom Apartments | $1,022 | $465 | $2,300 |
| Albion 4 Bedroom Apartments | $477 | $445 | $510 |
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Albion, IA Local Guide
- Nearby Cities
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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 Hubbard Maple Street Apartments priced from $460. Woodland Park - Eldora has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Albion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $460 |
| Woodland Park - Eldora | Studio | Studio,1BA | $650 |
| 110 N Maple St | 2-bedroom | 2BR,1BA | $700 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $725 |
| Melrose Park Apartments | 1 Bed/1 Bath Apartment | 1BR,1BA | $785 |
| Walnut Creek Apartments | 2 BD Legacy | 2BR,1BA | $795 |
| Spaulding Lofts | A2 - Income Restricted | 1BR,1BA | $800 |
| Southtown Apartments | B1 | 2BR,1BA | $800 |
| SUNDANCE NEWTON APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $805 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 2 Bedroom 2 Bathroom | 2BR,2BA | $809 |
Best Value Apartments for Rent in Albion, IA and Nearby
As of July 14, 2026 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 3 Bedroom 2 Bathroom Model at SUNDANCE MARSHALLTOWN APARTMENTS starting at $899 with a $0.97 price per square foot . 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 |
| SUNDANCE MARSHALLTOWN APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $0.97 |
| SUNDANCE NEWTON APARTMENTS | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.02 |
| The Landing Ames | B1 - 2x2 | 2BR,2BA | $0.68 |
| Southtown Apartments | B1 | 2BR,1BA | $0.94 |
| Walnut Creek Apartments | 2 BD Legacy | 2BR,1BA | $0.94 |
| Olive Terrace Apartments | B1 | 2BR,1BA | $1.02 |
| Hotel Maytag Apartments | 1 bedroom A | 1BR,1BA | $0.90 |
| 110 N Maple St | 2-bedroom | 2BR,1BA | $0.88 |
| Hubbard Maple Street Apartments | 1 BR/1 BA | 1BR,1BA | $0.75 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albion, IA Rentals by Map
See the most popular apartments and homes in Albion, IA
Frequently Asked Questions about Cheap Albion Apartments
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $460 at Hubbard Maple Street Apartments.
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 $700 at 110 N Maple St.
What is the most affordable Albion Three Bedroom Apartment?
The best deal on a cheap Albion Three Bedroom Apartment rental is at Woodland Heights and starts from $820.
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

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.

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.

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.