
Cheap Apartments for Rent in Albion, IN from $300 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.


301 Weeks St

Historic Blue Bell Lofts

Emerald Pointe (55+ Senior Community)

Wallen Hills Apartments

Deerfield Village

Stone Pointe Village

The Cottages at Bridgewater (Senior 55+)

Simonson Estates Apartments

Quail Ridge Villas

5614 W Cook Rd

4614 E Old Trail Rd

354 W 9th St

108 W Washington St

2083 Chapman Lake Dr
Albion, IN Local Guide

How much does it cost to rent an apartment in Albion?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Albion Studio Apartments | $867 | $818 | $900 |
Albion 1 Bedroom Apartments | $1,258 | $285 | $1,996 |
Albion 2 Bedroom Apartments | $1,441 | $356 | $2,500 |
Albion 3 Bedroom Apartments | $1,862 | $756 | $2,944 |
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Albion, IN Local Guide
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Cheapest Available Albion Apartments for Rent and Nearby
 The cheapest available apartment rental in Albion, IN is a 2 Beds unit found at Historic Blue Bell Lofts priced from $356. Drake Terrace III has the second lowest priced unit, which is a 2 Beds apartment currently listed from $721. Here is today’s list of the most affordable Albion apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $356 |
Drake Terrace III | 2 Bedroom | 2BR,1BA | $721 |
Deerfield Village | One Bedroom | 1BR,1BA | $875 |
The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $945 |
Graystone Trail | Graystone Trail | 1BR,1BA | $950 |
Best Value Apartments for Rent in Albion, IN and Nearby
As of July 21, 2025 the best value apartment in the Albion area is the $0.74 price per square foot 3TH Model at Brandy Chase Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,429. The second greatest value Albion apartment is the Two Bedroom Model at Huntertown Apartments starting at $1,300 with a $0.87 price per square foot in the Outer Northside 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. |
---|---|---|---|
Brandy Chase Apartment Homes | 3TH | 3BR,1.5BA | $0.74 |
Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $0.87 |
Copper Creek Villas | Copper Creek Townhome | 3BR,2.5BA | $1.16 |
Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.26 |
Redwood Warsaw | Forestwood | 2BR,2BA | $1.27 |
Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.03 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.06 |
Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.14 |
Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.96 |
Deerfield Village | One Bedroom | 1BR,1BA | $1.32 |
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Getting Around Albion, IN
Walk Score®
12 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
24 / 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
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $875 at Deerfield Village.
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 $356 at Historic Blue Bell Lofts.
What is the most affordable Albion Three Bedroom Apartment?
The best deal on a cheap Albion Three Bedroom Apartment rental is at Brandy Chase Apartment Homes and starts from $1,429.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.