Apartments for Rent in Albany, OR

Prices and availability in Albany, OR were last updated on 23 Jun 2026.

The best apartments in Albany, OR are: Timberridge Place Apartment Homes, Queen Court Apartments, Timber Ridge Place Apartment Homes, 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 $1,590.

The price range for a 1-bedroom apartment in Albany, OR is between $1,420 and $1,530.

The price range for a 2-bedroom apartment in Albany, OR is between $1,430 and $2,250.

The price range for a 3-bedroom apartment in Albany, OR is between $1,399 and $1,705.

In Albany, 41% of the residents are renting compared to 59% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 9% of Albany's rentals, 64% are small-scale complexes with under 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.

Rental apartments in Albany come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 25% of the total apartments in the city, while 2-bedroom floorplans represent around 64% of all rentals in Albany. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.