
Cheap Homes for Rent in Albion, IA from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Albion.


116 Shepard St

105 Commercial St

1014-1028 Shagbark Dr

702 Carroll Ave
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702 Sherman Ave

521 Northwestern Ave

215 Jewel Dr

923 Garfield Ave

108 Westwood Dr

1250 24th St

1020 1st Ave W
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Albion, IA Local Guide

How much does it cost to rent a home in Albion?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albion 2 Bedroom Homes for Rent | $1,015 | $750 | $1,295 |
Albion 3 Bedroom Homes for Rent | $1,575 | $650 | $2,500 |
Albion 4 Bedroom Homes for Rent | $2,031 | $1,700 | $2,400 |
Albion 5 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
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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 28, 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 |
Grandview Square Apartments | 2bed 1bth | 2BR,1BA | $0.80 |
THE ARBORS APARTMENTS | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.83 |
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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Frequently Asked Questions about Albion
What type of rentals are currently available in Albion?
There are currently 54 Apartments for Rent in Albion, IA with pricing that ranges from $394 to $3,193. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albion ranging from $650 to $3,200.
What is the current price range for Rental Homes in Albion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albion ranges from $650 to $3,200 with an average monthly rent of $1,713.
How much are larger Three and Four Bedroom Rentals in Albion?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albion range from $465 to $1,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $445.
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.

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.

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.