Cheap Apartments for Rent in Albion, IN from $400 (21 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
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.

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.

close
View Me
Atz Place
1 to 2 Bedroom Apartments

Atz Place

301 E Wayne StKendallville, IN 46755
Senior Living
close
View Me
North Ridge Apartments
1 to 3 Bedroom Apartments

North Ridge Apartments

718 N State Road 9Columbia City, IN 46725
  • Utilities Included

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.

Albion, IN Local Guide

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 ListingModel NameBed/BathPriced From
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$498
Atz PlaceOne Bedroom1BR,1BA$538
Drake Terrace III2 Bedroom2BR,1BA$721
Wallen Hills ApartmentsIvywoodStudio,1BA$818
Stone Pointe VillageEssexStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Landing Apartment Homes3THB3BR,1.5BA$0.80
Huntertown ApartmentsTwo Bedroom2BR,2.5BA$0.87
Copper Creek VillasCopper Creek Townhome3BR,2.5BA$1.23
Historic Blue Bell Lofts2 Beds, 1 bath2BR,1BA$0.36
Emerald Pointe (55+ Senior Community)Hawthorne2BR,1.5BA$1.16
Reserve at Dawson's CreekThe Primrose - Premium2BR,2BA$1.23
OAK CROSSINGThe Chestnut2BR,1BA$1.30
Simonson Estates ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.04
Drake Terrace III2 Bedroom2BR,1BA$0.96
Atz PlaceOne Bedroom1BR,1BA$0.79

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, IN Rentals by Map

View Map
Albion, IN Apartments Map
View Map
Albion, IN Rental Homes Map

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

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.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.