Cheap Apartments for Rent in Albion, IL from $300 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Albion.

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.

Read Article

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.

Read Article
close
View Me
1900 N Willow Rd
1 to 3 Bedroom Apartments

1900 N Willow Rd

1900 N Willow RdEvansville, IN 47711

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
close
View Me
Donaldson Arms
1 to 2 Bedroom Apartments

Donaldson Arms

1407 Howard StEvansville, IN 47713
  • Utilities Included

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.

Read Article
close
View Me
Eastland Apartments
1 to 2 Bedroom Apartments

Eastland Apartments

5308 Eden DrEvansville, IN 47715
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
Showing Results 1-46, Page 1 of 1

Albion, IL Local Guide

Cheapest Available Albion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albion, IL is a 1 Bed unit found at SPRING VALLEY FLATS in the Oakhill neighborhood priced from $695. Southern Meadows Senior Living has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Albion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
SPRING VALLEY FLATSThe Dogwood1BR,1BA$695
Southern Meadows Senior Living1 Bed Apt1BR,1BA$750
Foxfire West Apartments1 Bedroom 1 Bath Fireplace1BR,1BA$775
Lakewood Flats1 Bedroom Deluxe1BR,1BA$785
The Forge on MainStudio AStudio,1BA$800
North ParkMcCallister1BR,1BA$825
Market Street ApartmentsINMKS 0x1Studio,1BA$865
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$900
Mission Viejo VillasB- Barcelona1BR,1BA$920
The Timbers ApartmentsThe Mahogany 2 BR 1 BA2BR,1BA$921

Best Value Apartments for Rent in Albion, IL and Nearby

As of September 08, 2025 the best value apartment in the Albion area is the $1.04 price per square foot 3BR Villa Model at Circle Point Villas in the starting from $1,595. The second greatest value Albion apartment is the 2BR/2.0BA Model at Apartments@41 starting at $1,295 with a $1.06 price per square foot in the Business 41 neighborhood. 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.
Circle Point Villas3BR Villa3BR,2BA$1.04
Apartments@412BR/2.0BA2BR,2BA$1.06
Eagle Village4BR/2BA - Furnished4BR,2BA$0.50
The Rathbone Apartments2 Bedroom Unfurnished2BR,1BA$1.07
Liv at Locust CreekDresden2BR,1.5BA$1.09
Vail Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.08
North ParkBerkshire2BR,1.5BA$1.12
Mission Viejo VillasB- Barcelona1BR,1BA$1.13
Lakewood Flats1 Bedroom Deluxe1BR,1BA$0.99
Copper Creek TownhomesA-1 Bedroom Ranch1BR,1BA$1.20

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albion, IL Rentals by Map

Decorative image of map

See the most popular apartments and homes in Albion, IL

View Map
Albion, IL Apartments Map
View Map
Albion, IL Rental Homes Map

Getting Around Albion, IL

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 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 The Forge on Main listed at $800.

How much is rent for a Cheap One Bedroom Albion Apartment?

The lowest price for a Cheap One Bedroom Albion Apartment is $695 at SPRING VALLEY FLATS.

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 $800 at Southern Meadows Senior Living.

What is the most affordable Albion Three Bedroom Apartment?

The best deal on a cheap Albion Three Bedroom Apartment rental is at Mission Viejo Villas and starts from $1,310.

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 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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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.