Cheap Apartments for Rent in Albion, MI from $600 (43 Rentals)

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

property at 119 E Elm St

$925

1 Bedroom Rentals

Available Now

119 E Elm St

AlbionMI49224

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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
  • Utilities Included
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Meade Apartments
1 to 2 Bedroom Apartments

Meade Apartments

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

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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Garfield Apartments
1 to 2 Bedroom Apartments

Garfield Apartments

216 E Everett StHomer, MI 49245
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
Showing Results 1-43, Page 1 of 1

Albion, MI Local Guide

Cheapest Available Albion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albion, MI is a 2 Beds unit found at Island City Apartments priced from $616. Grand River Ridge 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
Creekside ApartmentsCreekside Apartments One Bedroom (303B) - FIRST...1BR,1BA$800
Ashton Ridge Apartments1X1 719- 7921BR,1BA$810
Georgetown EstatesOne Bedroom Deluxe1BR,1BA$816
Oak MeadowsOne Bedroom1BR,1BA$825
Park Crest ApartmentsPark Crest Apartments | One Bedroom | Apply Now...1BR,1BA$825
Granada ApartmentsOne Bedroom1BR,1BA$853
Shannon ApartmentsShannon Apartments - One Bedroom1BR,1BA$875

Best Value Apartments for Rent in Albion, MI and Nearby

As of June 20, 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 starting from $1,100. The second greatest value Albion apartment is the Gala Model at Alpine Lake Apartments starting at $1,195 with a $1.00 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
Alpine Lake ApartmentsGala2BR,1.5BA$1.00
Oak Meadows4 Bedroom House4BR,1.5BA$1.17
Kedron Ridge ApartmentsTwo Bedroom - Remodeled2BR,1BA$1.00
Carriage House (Albion 64 LLC)Carriage House - Two Bedroom - Heat Included! F...2BR,1BA$0.98
Island City Apartments2 Beds, 2 baths2BR,2BA$0.62
McClellan EstatesTwo Bedroom Two Bathroom2BR,2BA$1.10
Blossom Manor ApartmentsFully Furnished Unit2BR,1BA$1.05
Village Green Apartments200 West Drive N2BR,1BA$1.13
Ashton Ridge Apartments1X1 719- 7921BR,1BA$1.02

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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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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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.

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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

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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.

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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.

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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.