Cheap Homes for Rent in Albion, IA from $600 (13 Rentals)

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Albion, IA Local Guide

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 ListingModel NameBed/BathPriced From
The Reserves at South Lake1B1B1BR,1BA$395
Hubbard Maple Street Apartments1 BR/1 BA1BR,1BA$450
The Tallcorn1 bedroom, 1 bath1BR,1BA$505
Hunters RunA11BR,1BA$550
Woodland Park - EldoraStudioStudio,1BA$650

Best Value Apartments for Rent in Albion, IA and Nearby

As of October 14, 2025 the best value apartment in the Albion area is the $0.63 price per square foot B - 2x2 Model at The Quarters Ames in the in the South Ames neighborhood starting from $750. The second greatest value Albion apartment is the 2 Bed 1 Bath 1015 Sq. Ft. Model at Pheasant Run Apartments starting at $750 with a $0.74 price per square foot . Here is today’s list of the best values for Albion apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Quarters AmesB - 2x22BR,2BA$0.63
Pheasant Run Apartments2 Bed 1 Bath 1015 Sq. Ft.2BR,1BA$0.74
THE ARBORS APARTMENTS2 Bedroom 1 Bathroom2BR,1BA$0.83
Grandview Square Apartments2bed 1bth2BR,1BA$0.80
Northridge Apartments2 BR/ 1 BA2BR,1BA$0.89
Hunters RunB22BR,1BA$0.82
SUNDANCE MARSHALLTOWN APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$0.97
The Reserves at South Lake1B1B1BR,1BA$0.61
Hubbard Maple Street Apartments1 BR/1 BA1BR,1BA$0.73
The Tallcorn1 bedroom, 1 bath1BR,1BA$0.83

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Frequently Asked Questions about Albion

What type of rentals are currently available in Albion?

There are currently 60 Apartments for Rent in Albion, IA with pricing that ranges from $394 to $2,495. There are also 37 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 $1,700.

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 $485 to $1,675, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $455.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.