Cheap Apartments for Rent in Albion, NE from $500 (49 Rentals)

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

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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Leisure Apartments
1 to 2 Bedroom Apartments

Leisure Apartments

825 E 6th StWayne, NE 68787
  • Utilities Included

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.

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Autumn Park Apartments
2 to 3 Bedroom Apartments

Autumn Park Apartments

3720 W State StGrand Island, NE 68803
  • Utilities Included
Showing Results 1-49, Page 1 of 1

Albion, NE Local Guide

Cheapest Available Albion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albion, NE is a Studio unit found at Prospect Ridge Apartments priced from $725. 150 Poppe Dr has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Albion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prospect Ridge ApartmentsStudioStudio,1BA$725
150 Poppe DrStudioStudio,1BA$725
Old WalnutStudioStudio,1BA$745
Erin Apartments2 Beds, 1 bath2BR,1BA$750
Fountain GlenCassStudio,1BA$887
The Apartment Place1BR/1BA1BR,1BA$895
LongLeaf Apartments2 Bedroom2BR,1BA$900
Highland View ApartmentsBonsaiStudio,1BA$910
HORIZONDuskStudio,1BA$965
Heartland Flats LincolnJuniperStudio,1BA$973

Best Value Apartments for Rent in Albion, NE and Nearby

As of July 02, 2026 the best value apartment in the Albion area is the $1.16 price per square foot 2 Beds, 1 bath Model at 414 W Phillip Ave in the starting from $1,450. The second greatest value Albion apartment is the B5R Model at Lakeside Village Apartment Homes starting at $1,565 with a $1.31 price per square foot in the West A neighborhood. 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.
414 W Phillip Ave2 Beds, 1 bath2BR,1BA$1.16
Lakeside Village Apartment HomesB5R2BR,2BA$1.31
LongLeaf Apartments3 Bedroom3BR,2BA$1.04
Erin Apartments4 Beds, 2 baths4BR,2BA$1.40
704 S 3rd St704 S 3rd St2BR,1BA$1.10
Cottonwood Creek Apartments2 Bedroom2BR,2BA$1.29
Meadow WoodB2 - Ash2BR,1BA$1.12
Cedar Ridge2 Bed 2 Bath2BR,2BA$1.20
The Apartment Place1BR/1BA1BR,1BA$1.07
Ridgeland Park Apartments in YorkYork2BR,1BA$1.34

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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Best Local Schools in
Albion, NE

School data provided by Great Schools

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

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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 Prospect Ridge Apartments listed at $725.

How much is rent for a Cheap One Bedroom Albion Apartment?

The lowest price for a Cheap One Bedroom Albion Apartment is $825 at Prospect Ridge Apartments.

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 $750 at Erin Apartments.

What is the most affordable Albion Three Bedroom Apartment?

The best deal on a cheap Albion Three Bedroom Apartment rental is at Erin Apartments and starts from $1,000.

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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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.

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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.

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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.