Luxury Apartments for Rent in Albany, OR
133 rentals
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NEW - 5 HRS AGOPET FRIENDLY$1,399 - $2,190/mo
Studio-3 Beds
1-2 BathsTimberridge Place Apartment Homes | 150 Timber Ridge St NE #E-320,
Albany, OR 97322
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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 | $1,395 | $1,575 | $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 $1,566 per month. This is about 19% 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.