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Newest Homes for Rent in Albany, IN

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  • 244 S Mann Ave, Albany, IN 47320
    244 S Mann Ave, Albany, IN 47320
    244 S Mann Ave, Albany, IN 47320
    /7

    $720 Per Month

    • 3 Beds
    • 1 Bath
    • 1,774 Sq Ft
    • House for Rent

    244 S Mann Ave, Albany, IN 47320

    244 S Mann Ave Albany, IN 473203 Bed / 1 Bath1774 Sq. Ft. / 7405 Sq. Ft. Lot Size - Garage & DrivewaySUMMER SPECIAL!! $1,000 OFF INITIAL PAYMENT!!$720 Per month. No credit requirements.In order to qualify, you must have verifiable income greater than 4 times the monthly payment and a clean rental history for starters.Call 1- or email us at

    244 S Mann Ave, Albany, IN 47320
  • 545 N Broadway St, Albany, IN 47320
    545 N Broadway St, Albany, IN 47320
    545 N Broadway St, Albany, IN 47320
    /7

    $1,200 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    545 N Broadway St, Albany, IN 47320

    Home in Albany with three beds and one bath. $1200 a month plus utilities.$1200 depositNo cats1 dog

    545 N Broadway St, Albany, IN 47320
Indiana Delaware County

Newest Homes for Rent in Albany, IN

Frequently Asked Questions

How much does it cost to rent a home in Albany, IN?
The median rent for a home in Albany, IN is $1,200 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Albany, IN?
To comfortably afford the median rent in Albany, IN, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Albany, IN, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Albany, IN?
In Albany, IN, the price-to-rent ratio is 10.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Albany, IN are best for renting a home?
The best neighborhood for renting in Albany, IN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Industry, Eastside, Sky Park, Cowing Park and East Central, each with its own character and price range.

Rental Trends in Albany, IN

There are currently 2 homes available for rent in Albany, IN. The median rent is $1,200 per month, with single-family homes renting at $1,200.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,200
Median Single Family Home Rent
$1,200
How to Rent a Home

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