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Studio Apartments for Rent in Albany, OR - 2 Rentals available

We found 1 rental in Albany, OR and 1 rental nearby

We found 1 rental within a 10-mile radius of Albany, OR

  • Apartment
    842 NE 2Nd Street, Corvallis, OR
    • Studio-1 Bed

Albany, OR Demographics

  • Total Population60,888
  • Female 30,100
    Male 30,788
  • Median Age38

Average Rent for Studios in Albany, OR

  • The average rent for studios in Albany, OR, August, 2018$990/mo
  • Studio$580
  • 1 Bedroom$852
  • 2 Bedrooms$1,015

Albany, OR Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Aug / 2018 $990 $580
Jan / 2018 $990 $580
Sept / 2017 $971 $575
May / 2017 $955 $565
Jan / 2017 $932 $550
Sept / 2016 $942 $550
May / 2016 $909 $550
Jan / 2016 $883 $550
Sept / 2015 $876 $535
May / 2015 $870 $535

Albany, OR Households

  • Total Number of Households23,286
  • Family 15,774
    Non-family 7,511
  • Children 7,666
    No Children 15,619
  • Average People Per Household2.58
  • Median Household Income$50,843
  • Median Housing Costs Per Month$976

Albany, OR Education Statistics

  • No High School3%
  • Some High School35%
  • Some College31%
  • Associate Degree9%
  • Bachelor Degree15%
  • Graduate Degree8%

Renting a studio apartment in Albany, OR

The bad news is that the hip neighborhoods are typically not the places to look for truly affordable homes for rent, and Albany, OR is no exception. That is unless you are willing to give up the (real or imagined) benefits of multiple rooms and experience the minimalist simplicity of a small apartment located smack dab in the middle of the action. Leaf through 1 listing with a total of 2 units, and you’ll be sure to find at least a couple of cheap studios that will make you wonder whether having one or two extra rooms is really worth the difference in price and commute time.

They are called efficiency apartments for a reason

In case you’re still wondering, the time and effort put into finding an efficiency apartment does pay off. Literally, and pretty fast too. While the cheapest bachelor units normally have a small bath and one bigger, multifunctional space (meaning that the hall and the kitchen in the main room, basically), you don’t need to have that if it’s not your thing. You can find plenty of one-room apartments in Albany, OR with a separate kitchen. These are still well under the price of an apartment with multiple rooms, but slightly more expensive than your average studio, so it’s a good idea to aim for the higher end of the price range.