Cheap Apartments for Rent near Albion, RI from $1,194 (35 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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Mineral Spring Gardens
1 to 2 Bedroom Apartments

Mineral Spring Gardens

1905 Mineral Spring AveNorth Providence, RI 02904
Senior Living
  • 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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The Belmore
1 to 2 Bedroom Apartments

The Belmore

250 Smithfield RdNorth Providence, RI 02904

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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50 West Ave
1 to 3 Bedroom Apartments

50 West Ave

50 West AvePawtucket, RI 02860
Furnished
  • Utilities Included
  • Smoke Free
Showing Results 1-35, Page 1 of 1

Albion, RI Local Guide

Cheapest Available Albion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albion, RI is a 1 Bed unit found at The Village at Manville priced from $1,194. Franklin Extended Stay Hotel in the 495 South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,550. Here is today’s list of the most affordable Albion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Village at ManvilleOne Bedroom-LIHTC with Income Guidelines1BR,1BA$1,194
Franklin Extended Stay HotelStudio Standard1BR,1BA$1,550
The Village LoftsV0x1BStudio,1BA$1,600
Roosevelt Mills1 Bed1BR,1BA$1,675
Shorewood ApartmentsOne Bedroom (R) 1st Floor1BR,1BA$1,680
Greystone LoftsG-0x1HStudio,1BA$1,699
The Belmore1 Bedroom1BR,1BA$1,699
Park Place ApartmentsUpgraded 2 BR2BR,1BA$1,700
Charles Landing1 Bedroom 1 Bathroom1BR,1BA$1,725
Parkview1 Bed 1 Bath - H1BR,1BA$1,735

Best Value Apartments for Rent in Albion, RI and Nearby

As of September 15, 2026 the best value apartment in the Albion area is the $1.41 price per square foot 2 Bedroom Lofted Den Model at Residences at Woodlawn in the in the Downcity neighborhood starting from $2,095. The second greatest value Albion apartment is the 300-700 Model at Kirkbrae Glen Apartments starting at $2,400 with a $1.79 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.
Residences at Woodlawn2 Bedroom Lofted Den2BR,1BA$1.41
Kirkbrae Glen Apartments300-7002BR,2BA$1.79
Moore Mill LoftsC12BR,1BA$1.72
Royal Park Apartments and TownhomesTwo Bedroom2BR,1.5BA$2.10
595 Mineral Spring Ave1 bed / 1 bath1BR,1BA$2.00
Slater Cotton MillA6 (Bldg I)1BR,1BA$2.09
Park Place ApartmentsUpgraded 2 BR2BR,1BA$1.89
Greystone LoftsG-1x21BR,2BA$2.16
Lofts at Lyman Mill1 Bedroom1BR,1BA$2.09
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$2.19

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, RI Rentals by Map

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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 The Village Lofts listed at $1,600.

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

The lowest price for a Cheap One Bedroom Albion Apartment is $1,194 at The Village at Manville.

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 $1,419 at The Village at Manville.

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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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.

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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.