Cheap Apartments for Rent in Albion, MI from $616 (50 Rentals)

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Search the lowest-cost Apartments available for rent right now in Albion.

property at 218 E Erie St
$700 - $750
Studio To 1 Bedroom Rentals
Available Now

218 E Erie St

AlbionMI49224

Rent According to Income: A Look at Income-Restricted Rentals

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Georgetown Estates
Studio to 3 Bedroom Apartments

Georgetown Estates

1975 Columbia Ave EBattle Creek, MI 49014
Corporate Housing
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The Greenwood
1 to 3 Bedroom Apartments

The Greenwood

702 Greenwood AveJackson, MI 49203
  • Utilities Included
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Sherman Apartments
1 to 2 Bedroom Apartments

Sherman Apartments

501 Homer RdConcord, MI 49237
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Meade Apartments
1 to 2 Bedroom Apartments

Meade Apartments

901 E Michigan AveMarshall, MI 49068
Corporate Housing
  • Utilities Included

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.

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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
Corporate Housing
  • Utilities Included
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Sheridan Apartments
1 to 2 Bedroom Apartments

Sheridan Apartments

1150 Arms StMarshall, MI 49068
Corporate Housing
  • Utilities Included
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The Blackstone
1 to 3 Bedroom Apartments

The Blackstone

209 N Blackstone StJackson, MI 49201
  • Utilities Included

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.

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Showing Results 1-50, Page 1 of 1

Albion, MI Local Guide

Cheapest Available Albion Apartments for Rent

 

The cheapest available apartment rental in Albion, MI is a 2 Beds unit found at Island City Apartments priced from $616. Grand River Ridge in the Jackson County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $749. Here is today’s list of the most affordable Albion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Island City Apartments2 Beds, 2 baths2BR, 2BA$616
Grand River Ridge1 Bedroom1BR, 1BA$749
Seniors of Maple RidgeOne Bedroom1BR, 1BA$780
Oak MeadowsOne Bedroom1BR, 1BA$815
Park Crest ApartmentsPark Crest Apartments | One Bed | One Bath | Ha...1BR, 1BA$825
Creekside Apartments (Olivet HS, LLC)Creekside Apartments - One Bedroom (7A)1BR, 1BA$825
Renaissance ApartmentsRenaissance Apartments - Two Bedroom Renovated ...2BR, 1BA$825
Autumn WoodsRedwood2BR, 1BA$855
North Pointe Apartments1 Bed 1 Bath1BR, 1BA$875
Shannon ApartmentsOne Bed | One Bath1BR, 1BA$875

Best Value Apartments for Rent in Albion, MI

As of September 19, 2026 the best value apartment in the Albion area is the $0.92 price per square foot 3 Bedroon Model at Grand River Ridge in the Jackson County neighborhood starting from $1,100. The second greatest value Albion apartment is the Four Bedroom House Model at Oak Meadows in the Marshall Albion neighborhood starting at $1,400 with a $1.17 price per square foot. 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.
Grand River Ridge3 Bedroon3BR, 1BA$0.92
Oak MeadowsFour Bedroom House4BR, 1.5BA$1.17
Victoria Pointe2 Bed 2 Bath/Den2BR, 2BA$1.18
Kedron Ridge ApartmentsTwo Bedroom - Remodeled2BR, 1BA$1.00
Island City Apartments2 Beds, 2 baths2BR, 2BA$0.62
McClellan Estates IIITwo Bedroom2BR, 1BA$1.21
Blossom Manor ApartmentsFully Furnished Unit2BR, 1BA$1.05
Carriage House (Albion 64 LLC)Carriage House Apartments - One Bedroom - Heat ...1BR, 1BA$1.06
North Pointe Apartments1 Bed 1 Bath1BR, 1BA$1.18
Park Crest ApartmentsPark Crest Apartments | One Bed | One Bath | Ha...1BR, 1BA$1.20

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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albion, MI Rentals by Map

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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 $749 at Grand River 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 $616 at Island City Apartments.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.