What's the average rent in Albany, OR?
Rental Market Trends in Albany, OR
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Albany, OR is $1,600 per month, which is 16% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,600
0.0%No change month over month
-11.1%-$199 decrease year-over-year
AVAILABLE RENTALS
130
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Albany, OR at $1,561 per month, while houses are the most expensive at $2,533 per month. Townhomes average $1,800 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,250 |
| 2 Bedrooms | $1,495 |
| 3 Bedrooms | $2,180 |
| 4 Bedrooms | $2,750 |
| All | $1,595 |
As of May 2026, the average rent for a 1 bedroom rental in Albany, OR is $1,250 per month, followed by $1,495 for a 2 bedroom rental, $2,180 for a 3 bedroom rental, and $2,750 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,800 |
| 3 Bedrooms | $1,800 |
| 4 Bedrooms | — |
| All | $1,800 |
As of May 2026, the average rent for a 2 bedroom townhome in Albany, OR is $1,800 per month, followed by $1,800 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,195 |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,950 |
| 4 Bedrooms | $800 |
| All | $1,350 |
As of May 2026, the average rent for a 1 bedroom apartment in Albany, OR is $1,195 per month, followed by $1,350 for a 2 bedroom apartment, $1,950 for a 3 bedroom apartment, and $800 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,700 |
| 2 Bedrooms | $1,595 |
| 3 Bedrooms | $2,295 |
| 4 Bedrooms | $2,742 |
| All | $2,533 |
As of May 2026, the average rent for a 1 bedroom house in Albany, OR is $1,700 per month, followed by $1,595 for a 2 bedroom house, $2,295 for a 3 bedroom house, and $2,742 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -4% compared to the previous year, which is a $71 decrease.
This year (2026)
Last year (2025)
Rent distribution
41% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $795 to $4,500.