
Cheap Apartments for Rent in Albion, RI from $1,000 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Albion.


Residences at Woodlawn

Total Monthly Price
Franklin Extended Stay Hotel

Newport Avenue Apartments

Charles Landing

Park Place Navarino LLC

American Wire Residential Lofts

Greystone Lofts
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.

Parkview

The Village Lofts

Roosevelt Mills

Shorewood Apartments

University Heights Apartments

Moore Mill Lofts

Douglas Apartments-An Active Adult Community

Lofts at Lyman Mill
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.

Slater Cotton Mill

Dexter Street Commons

Admiral Apartments

Lofts & Townhomes @ International Apartments

Halstead Providence

Mineral Spring Gardens

Millrace District Apartments

508 Elm St
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.

122 Jane St

Hillside Terrace Apartments

300 Smithfield Rd

50 West Ave

The Belmore

200 Manville Hill Rd

641 S Washington St

106 Andover 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.

29 Pine St
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 | $1,946 | $1,490 | $2,475 |
| Albion 1 Bedroom Apartments | $2,145 | $1,550 | $3,279 |
| Albion 2 Bedroom Apartments | $2,617 | $1,600 | $4,019 |
| Albion 3 Bedroom Apartments | $2,994 | $2,200 | $3,745 |
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 Royal Park Apartments and Townhomes in the North Attleborough Preserve neighborhood priced from $1,490. Residences at Woodlawn in the Downcity neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,545. Here is today’s list of the most affordable Albion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Park Apartments and Townhomes | Studio | Studio,1BA | $1,490 |
| Residences at Woodlawn | 1 Bedroom | 1BR,1BA | $1,545 |
| Franklin Extended Stay Hotel | Studio Standard | 1BR,1BA | $1,550 |
| Newport Avenue Apartments | Open One Bed - Style 1 | Studio,1BA | $1,590 |
| Charles Landing | Studio | Studio,1BA | $1,595 |
| Parkview | 1 Bed 1 Bath - N | 1BR,1BA | $1,660 |
| The Village Lofts | V0x1D | Studio,1BA | $1,672 |
| Roosevelt Mills | 1 Bed | 1BR,1BA | $1,675 |
| Douglas Apartments-An Active Adult Community | 1x1 Renovated | 1BR,1BA | $1,750 |
| Slater Cotton Mill | 1BR + D (Bldg IV) | 1BR,1BA | $1,795 |
Best Value Apartments for Rent in Albion, RI and Nearby
As of June 16, 2026 the best value apartment in the Albion area is the $1.26 price per square foot 2 Bed 1 Bath Model at American Wire Residential Lofts in the in the Darlington neighborhood starting from $2,130. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| American Wire Residential Lofts | 2 Bed 1 Bath | 2BR,1BA | $1.26 |
| Kirkbrae Glen Apartments | 300-700 | 2BR,2BA | $1.79 |
| 154 Oakland Ave | 3 Bedroom | 3BR,1BA | $1.83 |
| The Village Lofts | V0x1D | Studio ,1BA | $1.64 |
| 595 Mineral Spring Ave | 1 bed / 1 bath | 1BR,1BA | $2.00 |
| Admiral Apartments | 2 Bedroom | 2BR,1BA | $2.34 |
| Moore Mill Lofts | B2L | 1BR,1BA | $2.11 |
| Park Place Navarino LLC | 2A-R | 2BR,1BA | $1.99 |
| Residences at Woodlawn | 2 Bedroom | 2BR,1BA | $2.04 |
| Douglas Apartments-An Active Adult Community | 1 x 1 Renovated | 1BR,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.
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.
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 Royal Park Apartments and Townhomes listed at $1,490.
How much is rent for a Cheap One Bedroom Albion Apartment?
The lowest price for a Cheap One Bedroom Albion Apartment is $1,545 at Residences at Woodlawn.
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 $1,795 at Park Place Navarino LLC.
What is the most affordable Albion Three Bedroom Apartment?
The best deal on a cheap Albion Three Bedroom Apartment rental is at 154 Oakland Ave and starts from $2,200.
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

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.

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.