
Cheap Apartments for Rent in Albion, RI from $1,000 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.


Greystone Lofts

Residences at Woodlawn

The Village Lofts

Parkview

Newport Avenue Apartments

Slater Cotton Mill
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.

Park Place Navarino LLC

Charles Landing

American Wire Residential Lofts

Roosevelt Mills

170 Bernice Ave

Mineral Spring Gardens

Millrace District Apartments
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.

88 Mink Rd

12 Clark Ct

235 Weeden St

209 Cottage St.

Hillside Terrace Apartments

262 Illinois St

263 Elm St
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.

420 Woodward Rd

300 Smithfield Rd
Albion, RI Local Guide

How much does it cost to rent an apartment in Albion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albion Studio Apartments | $1,924 | $1,490 | $2,290 |
| Albion 1 Bedroom Apartments | $2,118 | $1,650 | $3,069 |
| Albion 2 Bedroom Apartments | $2,615 | $1,600 | $4,009 |
| Albion 3 Bedroom Apartments | $3,252 | $2,870 | $3,845 |
Browse Top Apartments in Albion
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Albion, RI Local Guide
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Cheapest Available Albion Apartments for Rent and Nearby
 The cheapest available apartment rental in Albion, RI is a Studio unit found at Parkview in the Darlington neighborhood priced from $1,585. Newport Avenue Apartments in the Darlington neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,590. Here is today’s list of the most affordable Albion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkview | Studio - S | Studio,1BA | $1,585 |
| Newport Avenue Apartments | Open One Bed - Style 1 | Studio,1BA | $1,590 |
| Park Place Navarino LLC | 1A-R | 1BR,1BA | $1,650 |
| Roosevelt Mills | 1 Bed | 1BR,1BA | $1,675 |
| The Village Lofts | V0x1E | Studio,1BA | $1,725 |
Best Value Apartments for Rent in Albion, RI and Nearby
As of May 02, 2026 the best value apartment in the Albion area is the $1.14 price per square foot 3 Bed 2 Bath Model at American Wire Residential Lofts in the in the Darlington neighborhood starting from $2,800. The second greatest value Albion apartment is the 1 bed / 1 bath Model at 595 Mineral Spring Ave starting at $2,000 with a $2.00 price per square foot in the Downcity 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. |
|---|---|---|---|
| American Wire Residential Lofts | 3 Bed 2 Bath | 3BR,2BA | $1.14 |
| 595 Mineral Spring Ave | 1 bed / 1 bath | 1BR,1BA | $2.00 |
| Greystone Lofts | G-0x1B | Studio ,1BA | $1.96 |
| Admiral Apartments | 2 Bedroom | 2BR,1BA | $2.32 |
| Brookside Village | 2 Bed 1 Bath | 2BR,1BA | $2.33 |
| The Village Lofts | V0x1C | Studio ,1BA | $2.09 |
| Lofts & Townhomes @ International Apartments | 520-108 ( 1 Bedroom 1 Bath ) | 1BR,1BA | $2.47 |
| Royal Park Apartments and Townhomes | One bedroom | 1BR,1BA | $2.44 |
| Slater Cotton Mill | 1BR + D (Bldg IV) | 1BR,1BA | $2.53 |
| Douglas Apartments-An Active Adult Community | 1x1 Renovated | 1BR,1BA | $2.50 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
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Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albion, RI Rentals by Map
See the most popular apartments and homes in Albion, RI
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 Parkview listed at $1,585.
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $1,650 at Park Place Navarino LLC.
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 $1,885 at Parkview.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.