Cheap Apartments for Rent in Albion, IN from $400 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.

Historic Blue Bell Lofts

Emerald Pointe (55+ Senior Community)

Drake Terrace III

Wallen Hills Apartments

Stone Pointe Village

The Cottages at Bridgewater (Senior 55+)
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.

Eagle Landing Apartment Homes

Deerfield Village

Quail Ridge Villas

Griswold Estates Apartments

Simonson Estates Apartments
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.

5614 W Cook Rd

216 S Cavin St
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.

4614 E Old Trail Rd

126 S Oak St

203 Washburn Ave
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 | $877 | $818 | $900 |
Albion 1 Bedroom Apartments | $1,197 | $418 | $1,950 |
Albion 2 Bedroom Apartments | $1,374 | $498 | $2,500 |
Albion 3 Bedroom Apartments | $1,849 | $756 | $2,500 |
Browse Top Apartments in Albion
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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 $498. Atz Place has the second lowest priced unit, which is a 1 Bed apartment currently listed from $538. 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 | $498 |
Atz Place | One Bedroom | 1BR,1BA | $538 |
Drake Terrace III | 2 Bedroom | 2BR,1BA | $721 |
Wallen Hills Apartments | Ivywood | Studio,1BA | $818 |
Stone Pointe Village | Essex | Studio,1BA | $895 |
Best Value Apartments for Rent in Albion, IN and Nearby
As of September 06, 2025 the best value apartment in the Albion area is the $0.80 price per square foot 3THB Model at Eagle Landing Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,559. 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. |
---|---|---|---|
Eagle Landing Apartment Homes | 3THB | 3BR,1.5BA | $0.80 |
Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $0.87 |
Copper Creek Villas | Copper Creek Townhome | 3BR,2.5BA | $1.23 |
Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
Reserve at Dawson's Creek | The Primrose - Premium | 2BR,2BA | $1.23 |
OAK CROSSING | The Chestnut | 2BR,1BA | $1.30 |
Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.04 |
Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.96 |
Atz Place | One Bedroom | 1BR,1BA | $0.79 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Albion, IN
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 $538 at Atz Place.
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 $498 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 Reserve at Dawson's Creek and starts from $1,485.
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.

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.

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.