
Cheap Apartments for Rent in Albion, MI from $300 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.


The Blackstone
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.

Seniors of Maple Ridge

Island City 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.
Albion, MI Local Guide

How much does it cost to rent an apartment in Albion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albion Studio Apartments | $911 | $750 | $1,100 |
| Albion 1 Bedroom Apartments | $1,059 | $353 | $1,825 |
| Albion 2 Bedroom Apartments | $1,240 | $413 | $2,327 |
| Albion 3 Bedroom Apartments | $1,303 | $470 | $1,830 |
| Albion 4 Bedroom Apartments | $1,400 | $1,400 | $1,400 |
Browse Top Apartments in Albion
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Albion, MI Local Guide
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Best Value Apartments for Rent in Albion, MI and Nearby
As of December 11, 2025 the best value apartment in the Albion area is the $0.71 price per square foot 2 Beds, 1.5 baths Model at Waldon Pond Townhomes in the in the Marshall Albion neighborhood starting from $1,050. The second greatest value Albion apartment is the 3 Bedroon Model at Grand River Ridge starting at $1,100 with a $0.92 price per square foot . 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. |
|---|---|---|---|
| Waldon Pond Townhomes | 2 Beds, 1.5 baths | 2BR,1.5BA | $0.71 |
| Grand River Ridge | 3 Bedroon | 3BR,1BA | $0.92 |
| Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.62 |
| McClellan Estates | One Bedroom | 1BR,1BA | $1.05 |
| Ashton Ridge Apartments | 2x1 916-992 | 2BR,1BA | $0.95 |
| Renaissance Apartments | Two Bedroom | 2BR,1BA | $0.93 |
| Blossom Manor Apartments | Fully Furnished Unit | 2BR,1BA | $1.05 |
| Creekside Apartments | Two Bedroom | 2BR,1BA | $1.03 |
| Riverside Apartments | One Bedroom | 1BR,1BA | $0.91 |
| Seniors of Maple Ridge | One Bedroom | 1BR,1BA | $0.70 |
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 ArticleThe 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Albion, MI
Getting Around Albion, MI
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
51 / 100
Bikeable
Some 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 2100 Springport Apartments listed at $950.
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $443 at Seniors of Maple Ridge.
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 $536 at Seniors of Maple Ridge.
What is the most affordable Albion Three Bedroom Apartment?
The best deal on a cheap Albion Three Bedroom Apartment rental is at Island City Apartments and starts from $645.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.