
Cheap Homes for Rent in Albion, MI from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Albion.


408 N Main St

4010 K Dr S

105 Euclid St

58 Jericho Rd
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

201 Booth Dr

208 Woodruff St

818 N Berrien St

5350 Glenn Cross Rd

303 W Franklin St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Albion, MI Local Guide

How much does it cost to rent a home in Albion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albion 2 Bedroom Homes for Rent | $1,169 | $825 | $1,750 |
| Albion 3 Bedroom Homes for Rent | $1,545 | $1,250 | $2,800 |
| Albion 4 Bedroom Homes for Rent | $1,681 | $1,300 | $2,200 |
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Albion, MI Local Guide
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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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $616 |
| Grand River Ridge | 1 Bedroom | 1BR,1BA | $749 |
| Creekside Apartments (Olivet HS, LLC) | Creekside One Bedroom (100B) | 1BR,1BA | $775 |
Best Value Apartments for Rent in Albion, MI and Nearby
As of August 14, 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 in the Jackson County neighborhood starting from $1,100. The second greatest value Albion apartment is the 4 Bedroom House Model at Oak Meadows starting at $1,400 with a $1.17 price per square foot in the Marshall Albion 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. |
|---|---|---|---|
| Grand River Ridge | 3 Bedroon | 3BR,1BA | $0.92 |
| Oak Meadows | 4 Bedroom House | 4BR,1.5BA | $1.17 |
| Island City Apartments | 2 Beds, 2 baths | 2BR,2BA | $0.62 |
| Kedron Ridge Apartments | Two Bedroom - Remodeled | 2BR,1BA | $1.00 |
| Carriage House (Albion 64 LLC) | Two Bed | One Bath | First Month's Rent FREE! | 2BR,1BA | $0.98 |
| McClellan Estates | Two Bedroom Two Bathroom | 2BR,2BA | $1.16 |
| Ashton Ridge Apartments | 2x1 916-992 | 2BR,1BA | $0.97 |
| Blossom Manor Apartments | Fully Furnished Unit | 2BR,1BA | $1.05 |
| North Pointe Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.03 |
| Westbay Club Apartments | Two Bedroom Balcony | 2BR,1BA | $1.14 |
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 ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Albion
What type of rentals are currently available in Albion?
There are currently 58 Apartments for Rent in Albion, MI with pricing that ranges from $616 to $13,820. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albion ranging from $775 to $2,800.
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 $775 to $2,800 with an average monthly rent of $1,337.
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 $645 to $1,765, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,400.
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

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.