125 W Orange St
CromwellIN46732
Cheap Homes for Rent in Albion, IN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Albion.
5614 W Cook Rd
Fort WayneIN46818
210 1/2 W 4th St
AuburnIN46706
216 S Cavin St
LigonierIN46767
502 Chinworth Ct
WarsawIN46580
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
705 Lake Ave
KendallvilleIN46755
110 N Union Dr
Winona LakeIN46590
1000 Old Brick Rd
AuburnIN46706
1901 N Sand Dollar Dr
WarsawIN46582
5515 Brazo Ln
Fort WayneIN46818
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.
1022 Conklin Hill Dr
SyracuseIN46567
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Albion, IN Local Guide
Indiana train tracks by Chris Bowman is licensed under CC BY 2.0
How much does it cost to rent a home in Albion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albion 2 Bedroom Homes for Rent | $1,353 | $875 | $2,000 |
| Albion 3 Bedroom Homes for Rent | $2,005 | $1,400 | $2,300 |
| Albion 4 Bedroom Homes for Rent | $2,698 | $1,800 | $4,000 |
| Albion 5 Bedroom Homes for Rent | $3,900 | $3,900 | $3,900 |
| Albion 6 Bedroom Homes for Rent | $1,500 | $1,500 | $1,500 |
Browse Top Homes for Rent in Albion
Explore Albion
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. Drake Terrace III has the second lowest priced unit, which is a 2 Beds apartment currently listed from $741. 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 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $741 |
| The Cottages at Bridgewater (Senior 55+) | 1 Bedroom | 1BR,1BA | $895 |
| North Ridge Apartments | 1 Bedroom | 1BR,1BA | $911 |
| Deerfield Village | One Bedroom | 1BR,1BA | $945 |
Best Value Apartments for Rent in Albion, IN and Nearby
As of June 10, 2026 the best value apartment in the Albion area is the $0.82 price per square foot 3THB Model at Eagle Landing Apartment Homes in the in the Northwest Fort Wayne neighborhood starting from $1,586. The second greatest value Albion apartment is the Kensington Model at Union Club Apartments starting at $2,131 with a $1.21 price per square foot in the Pine Valley 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 | $0.82 |
| Union Club Apartments | Kensington | 3BR,2BA | $1.21 |
| Huntertown Apartments | Two Bedroom | 2BR,2.5BA | $1.13 |
| Historic Blue Bell Lofts | 2 Beds, 1 bath | 2BR,1BA | $0.36 |
| Steeplechase at Parkview | Great Meadow | 2BR,2BA | $1.14 |
| Emerald Pointe (55+ Senior Community) | Hawthorne | 2BR,1.5BA | $1.16 |
| Griswold Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Nelson Estates Apartments | 2Bed_1Bath | 2BR,1BA | $1.11 |
| Simonson Estates Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.08 |
| Drake Terrace III | 2 Bedroom | 2BR,1BA | $0.99 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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Explore Albion, IN Rentals by Map
See the most popular apartments and homes in Albion, IN
Frequently Asked Questions about Albion
What type of rentals are currently available in Albion?
There are currently 44 Apartments for Rent in Albion, IN with pricing that ranges from $418 to $2,560. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albion ranging from $690 to $4,000.
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 $690 to $4,000 with an average monthly rent of $2,047.
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 $776 to $2,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,560.
Expert Rental Resources
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.
Articles, How-To's, and Tips
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.