Cheap Apartments for Rent near Albion, OK from $500 (54 Rentals)

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

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.

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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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Crown Ridge
$950
Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950
2 Bedroom Apartments Available Aug 14

Crown Ridge

7114 Texas RdFort Smith, AR 72908
Affordability
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Tara Gardens
1 to 2 Bedroom Apartments

Tara Gardens

1615 S 22nd StFort Smith, AR 72901
Senior Living
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601 Xavier St
1 Bedroom Apartments

601 Xavier St

601 Xavier StFort Smith, AR 72901
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Pine View Apartments
1 Bedroom Apartments

Pine View Apartments

5202 Towson AveFort Smith, AR 72901
  • 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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St. Andrews Apartments
1 to 2 Bedroom Apartments

St. Andrews Apartments

4901 St Andrews WayFort Smith, AR 72903
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Magnolia Place
1 to 2 Bedroom Apartments

Magnolia Place

802 S 25th StFort Smith, AR 72901
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The Grove
Studio to 2 Bedroom Apartments

The Grove

3601 Barry AveFort Smith, AR 72903
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Cherry Tree
1 to 2 Bedroom Apartments

Cherry Tree

6505 Fresno StFort Smith, AR 72903
  • 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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Willow Lake Townhomes
2 to 4 Bedroom Apartments

Willow Lake Townhomes

1400 Albert Pike AveFort Smith, AR 72903
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The Azalea
1 to 2 Bedroom Apartments

The Azalea

2322 S I StFort Smith, AR 72901
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Q St.
2 Bedroom Apartments

Q St.

1621 S Q StFort Smith, AR 72901

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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Albion, OK Local Guide

Cheapest Available Albion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albion, OK is a 1 Bed unit found at Phoenix Village in the Cavanaugh neighborhood priced from $550. The Bluffs @ Central in the Sunnymede neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Albion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Phoenix VillageStudio1BR,1BA$550
The Bluffs @ Central1.1 R1BR,1BA$600
The Links at Fort SmithCustom1BR,1BA$685
Winchester Estates Apartments2BR/1.0BA2BR,1BA$695
Pike PlaceStandard2BR,1BA$700
Livin' Lakeside!1.1 Deluxe1BR,1BA$710
Mill Creek ApartmentsMill Creek 1 Bedroom1BR,1BA$725
Greystone Apartments2x12BR,1BA$725
The Belle Grove ApartmentsThe Belle Grove 1 Bedroom1BR,1BA$725
Z Street Apartments2.12BR,1BA$740

Best Value Apartments for Rent in Albion, OK and Nearby

As of July 28, 2026 the best value apartment in the Albion area is the $0.95 price per square foot 2.1.5 Model at Forrest Brook Apartments in the in the Sunnymede neighborhood starting from $990. The second greatest value Albion apartment is the 3BR/1.5BA Model at Winchester Estates Apartments starting at $820 with a $0.82 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.
Forrest Brook Apartments2.1.52BR,1.5BA$0.95
Winchester Estates Apartments3BR/1.5BA3BR,1.5BA$0.82
Cottage Park McAlester A 62+ Senior CommunityALL BILLS PAID2BR,1BA$0.89
Welcome to Stone Creek!2.22BR,2BA$0.94
Glen Oaks Apartments2 Bed, 2 Bath (REHAB)2BR,2BA$0.92
Beard Estates Rental HomesThree Bedroom, Two Bath3BR,2BA$0.81
Southbrook Apartments2BR/2.0BA2BR,2BA$0.83
Southpoint Apartments2bd/2ba- B Plan Upstairs2BR,2BA$0.90
Z Street Apartments2.12BR,1BA$0.87
Livin' Lakeside!1.1 Deluxe1BR,1BA$0.89

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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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, OK Rentals by Map

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See the most popular apartments and homes in Albion, OK

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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 $550 at Phoenix Village.

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 $695 at Winchester Estates Apartments.

What is the most affordable Albion Three Bedroom Apartment?

The best deal on a cheap Albion Three Bedroom Apartment rental is at Beard Estates Rental Homes and starts from $784.

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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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.

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.