Apartments for Rent in Albany, OR

Prices and availability in Albany, OR were last updated on 5 Oct 2026.

The best apartments in Albany, OR are: Timberridge Place Apartment Homes, Timber Ridge Place Apartment Homes, Queen Court Apartments, New Heritage Apartments and The Banks.

The average rent in Albany, OR is $1,539.

The price range for a studio apartment in Albany, OR is between $1,399 and $2,300.

The price range for a 1-bedroom apartment in Albany, OR is between $1,350 and $2,300.

The price range for a 2-bedroom apartment in Albany, OR is between $1,575 and $2,175.

The price range for a 3-bedroom apartment in Albany, OR is between $1,595 and $2,300.

In Albany 41% of the housing is rented out compared to 59% of homes are owned, according to the most recent Census Bureau estimates. 9% of Albany's apartments are found in large buildings of 50 units or more, 64% are located in smaller apartment complexes with less than 50 units, and 25% are single-family rentals.

The average age of rental buildings in Albany is 26 years old, with 43% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

Studio apartments in Albany are around 3% of rentals, while 1-bedroom floor plans represent 25% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 64% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.