Cheap Apartments for Rent in Albany, IN

3 rentals

Apartments For Rent Near Albany, IN

We found 30 more apartments matching your filters just outside Albany

Average Rent Trends in Albany, IN

Rent in Albany, IN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Jul 2025.
MonthAverage rent
Jul 2025$1,200
Aug 2025$863
Sep 2025$750
Oct 2025$900
Nov 2025$750
Dec 2025$600
Jan 2026$650
Feb 2026$750
Mar 2026$950
Apr 2026$950
May 2026$899
Jun 2026$800
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
1 bed2 beds3 beds4 bedsAll
All home types$688$950$800—$800
Apartments and Condos$688$950$800—$800
Houses——$1,275—$1,100
See more information about local market trends in Albany, IN

Frequently Asked Questions about Rentals in Albany, IN

  • What is the average rent of an apartment in Albany, IN?
    The average rent of an apartment in Albany, IN is $800 per month. This is about 59% lower than the national average.
  • What is the average rent of a house in Albany, IN?
    The average rent of a house in Albany, IN is $1,100 per month. This is about 44% lower than the national average.
  • When is the average rent cheapest in Albany, IN?
    In the last year, the average rent in Albany, IN was lowest in Dec 2025 when it was $600 per month.
  • When is the average rent most expensive in Albany, IN?
    In the last year, the average rent in Albany, IN was highest in Jul 2025 when it was $1,200 per month.
  • How many available rental listings are in Albany, IN?
    There are 6 available rental listings in Albany, IN.
  • What are some zip codes in Albany, IN?
    Albany, IN includes zip codes such as: 47320.
  • What are some cities near Albany, IN?
    Some nearby cities include: Eaton, Parker City, Redkey, Muncie, Selma. These cities may have more rental options to explore.