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Albany at a Glance

Average Rent

$1,242
(All bedrooms and property types)
Learn more about
Average Rent in Albany
7

School Rating

out of 10 Rating
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Schools in Albany

Albany, OR Apartments for Rent

Albany sits where the Calapooia River meets the Willamette River in Oregon's Willamette Valley, serving as Linn County's seat and home to nearly 59,000 residents. Founded around 1848, this farming and manufacturing city has grown into Oregon's 11th most populous city while keeping its historic character and riverside appeal. If you're searching for apartments for rent in Albany, you'll discover plenty of options with one-bedroom apartments averaging around $1,240—a budget-friendly alternative to nearby metros that still puts you close to Corvallis and Salem.

Renting in Albany makes sense for anyone wanting lower living costs without giving up convenience. The city offers easy access to Interstate 5 and Highway 20, making commutes throughout the Willamette Valley simple and straightforward. Located between larger cities, Albany works perfectly for those employed in Corvallis or Salem who want more affordable housing. From studios starting around $1,019 to roomy three-bedroom apartments at roughly $1,791, you'll find something that fits your budget. The local agricultural and manufacturing sectors provide job opportunities, while the riverside location and historic downtown deliver plenty of dining and shopping spots for residents to enjoy.

Renting in Albany

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

GreatSchools Rating
West Albany High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
South Albany High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
Riverside High School

Public High School

Public
Grades 9-12
Students
GreatSchools Rating
North Albany Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Calapooia Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Memorial Middle School

Public Middle School

Public
Grades 6-8
Students
GreatSchools Rating
Oak Grove Elementary School

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
Liberty Elementary School

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
South Shore Elementary School

Public Elementary School

Public
Grades K-5
Students
GreatSchools Rating
North Albany Elementary School

Public Elementary School

Public
Grades K-5
Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

Apartments for Rent Near Albany

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Albany Apartments for Rent in Your Budget

Frequently asked questions about renting in Albany, OR

What are the average rent costs in Albany, OR?

The average rent in Albany, OR is $1,242.

What are the average rent costs of a studio apartment in Albany, OR?

The average rent for a studio apartment in Albany, OR is $1,014.

What are the average rent costs of a one bedroom apartment in Albany, OR?

The average rent for a 1 bedroom apartment in Albany, OR is $1,242.

What are the average rent costs of a two bedroom apartment in Albany, OR?

The average rent for a 2 bedroom apartment in Albany, OR is $1,465.

What are the average rent costs of a three bedroom apartment in Albany, OR?

The average rent for a 3 bedroom apartment in Albany, OR is $1,793.

What are the average rent costs of a four bedroom apartment in Albany, OR?

The average rent for a 4 bedroom apartment in Albany, OR is $2,118.

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