Cheap Apartments for Rent in Albany, OR
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PET FRIENDLY
PET FRIENDLY$1,250 - $1,350/mo
1-2 Beds
1 BathLatitude 44 Apartments | 1440 Geary Cir SE #1448-7,
Albany, OR 97322
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,250 - $1,700/mo1-3 Beds1-2 BathsWaverly Square Apartments | 1515 Waverly Dr SE #82318fe49,
Albany, OR 97322
PET FRIENDLY
APPLY INSTANTLYPET FRIENDLY
$1,300 - $1,325/mo2 Beds1 Bath#365 Geary Street Apartments | 1805 16th Ave SE #365-8171,
Albany, OR 97322
PET FRIENDLY
PET FRIENDLY
NEW - 1 DAY AGO
PET FRIENDLY$1,350 - $1,620/mo1-2 Beds1-2 BathsQueen Court Apartments | 2165 SE Queen Ave #221,
Albany, OR 97322
PET FRIENDLY
PET FRIENDLY$1,375 - $1,500/mo1-2 Beds1-2 BathsSunrise Pointe Apartments | 3320 Jackson St SE #3380,
Albany, OR 97322
PET FRIENDLY$1,395 - $1,625/mo1-2 Beds1-2 BathsWaverly Townhomes | 2710 Grand Prairie Rd SE #2901-102,
Albany, OR 97322
NEW - 2 DAYS AGOPET FRIENDLY
PET FRIENDLY
PET FRIENDLY
PET FRIENDLY$1,399 - $1,725/moStudio-2 Beds1-2 BathsTimberridge Place Apartment Homes | 150 Timber Ridge St NE #D-212,
Albany, OR 97322
PET FRIENDLY
PET FRIENDLY
$1,425 - $1,550/mo2 Beds1-2 Baths#366 Tracy Court | 1425-1525 SW Tracy Ct #366-TC1510,
Albany, OR 97321
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Average Rent Trends in Albany, OR
Rent in Albany, OR varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Nov 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,604 |
| Jul 2025 | $1,730 |
| Aug 2025 | $1,605 |
| Sep 2025 | $2,095 |
| Oct 2025 | $2,145 |
| Nov 2025 | $2,180 |
| Dec 2025 | $1,850 |
| Jan 2026 | $1,767 |
| Feb 2026 | $1,700 |
| Mar 2026 | $1,762 |
| Apr 2026 | $1,600 |
| May 2026 | $1,595 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,250 | $1,500 | $2,195 | $2,950 | $1,600 |
| Townhomes | — | $1,850 | $1,995 | — | $1,595 |
| Apartments and Condos | $1,195 | $1,350 | $1,950 | $800 | $1,325 |
| Houses | $1,700 | $1,600 | $2,400 | $2,950 | $2,400 |
Frequently Asked Questions about Rentals in Albany, OR
- What is the average rent of an apartment in Albany, OR?The average rent of an apartment in Albany, OR is $1,580 per month. This is about 18% lower than the national average.
- What is the average rent of a house in Albany, OR?The average rent of a house in Albany, OR is $2,400 per month. This is about 24% higher than the national average.
- What is the average rent of a townhome in Albany, OR?The average rent of a townhome in Albany, OR is $1,595 per month. This is about 17% lower than the national average.
- When is the average rent cheapest in Albany, OR?In the last year, the average rent in Albany, OR was lowest in Jun 2025 when it was $1,604 per month.
- When is the average rent most expensive in Albany, OR?In the last year, the average rent in Albany, OR was highest in Nov 2025 when it was $2,180 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Albany, OR?The average rent of a 1 bedroom apartment in Albany, OR is $1,250 per month. That is about $172 less than the cost of a studio apartment.
- How many available rental listings are in Albany, OR?There are 135 available rental listings in Albany, OR.
- What are some neighborhoods in Albany, OR?
- What are some zip codes in Albany, OR?
- What are some cities near Albany, OR?Some nearby cities include: Millersburg, Tangent, Adair Village, Jefferson, Crabtree. These cities may have more rental options to explore.