Cheap Homes for Rent in Albion, RI from $800 (11 Rentals)

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

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.

property at 118 E Central St

118 E Central St

FranklinMA02038

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.

property at 68 N Washington St

68 N Washington St

North AttleboroughMA02760

Albion, RI Local Guide

Cheapest Available Albion Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albion, RI is a Studio unit found at University Heights Apartments in the College Hill neighborhood priced from $1,475. The Village Lofts in the Hope neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,600. Here is today’s list of the most affordable Albion apartments for rent:

Apartment ListingModel NameBed/BathPriced From
University Heights ApartmentsElmhurstStudio,1BA$1,475
The Village Lofts1-H-1aStudio,1BA$1,600
ParkviewStudio - OStudio,1BA$1,625
Newport Avenue ApartmentsOpen One Bed - 1Studio,1BA$1,647
Greystone Loftsstudlg-g 1350 859Studio,1BA$1,700

Best Value Apartments for Rent in Albion, RI and Nearby

As of October 25, 2025 the best value apartment in the Albion area is the $0.92 price per square foot 2 Bed 2 Bath Model at American Wire Residential Lofts in the in the Darlington neighborhood starting from $1,955. The second greatest value Albion apartment is the B Model at Chestnut Park Apartments starting at $1,925 with a $1.80 price per square foot in the North Attleborough Preserve 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.
American Wire Residential Lofts2 Bed 2 Bath2BR,2BA$0.92
Chestnut Park ApartmentsB2BR,1BA$1.80
Brookside Village2 Bed 1 Bath2BR,1BA$2.33
Lofts at Lyman Mill1 Bedroom with Den1BR,1BA$2.54
Greystone Loftsstudlg-g 1350 859Studio ,1BA$1.98
Hillside Terrace Apartments2x1d2BR,1BA$2.23
The Village Lofts3-B-3cStudio ,1BA$2.41
Highland HillsUnit 21BR,1BA$2.55
Douglas Apartments-An Active Adult Community1x1 Renovated1BR,1BA$2.50
Lofts & Townhomes @ International Apartments530-1071BR,1BA$2.60

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Pet Friendly Lifestyle
Albion, RI

Ranked #16

Among cities in Rhode Island for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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 Albion

What type of rentals are currently available in Albion?

There are currently 41 Apartments for Rent in Albion, RI with pricing that ranges from $1,400 to $3,795. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albion ranging from $850 to $8,000.

What is the current price range for Rental Homes in Albion?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Albion ranges from $850 to $8,000 with an average monthly rent of $2,955.

How much are larger Three and Four Bedroom Rentals in Albion?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Albion range from $2,425 to $3,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $3,200.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.