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Newest Homes for Rent in Albany, IN

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  • 545 W State St Unit 1, Albany, IN 47320
    545 W State St Unit 1, Albany, IN 47320
    545 W State St Unit 1, Albany, IN 47320
    /11

    $688 Per Month

    • 1 Bed
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    545 W State St Unit 1, Albany, IN 47320

    Welcome home to this charming and freshly renovated 1-bedroom, 1-bathroom triplex unit! Perfect for comfortable living, this inviting space offers a warm and cozy atmosphere with plenty of natural light throughout.Enjoy a functional kitchen equipped with a stove and refrigerator, making everyday living simple and convenient. The thoughtful layout maximizes space while maintaining a

    545 W State St Unit 1, Albany, IN 47320
  • 12406 In-67, Albany, IN 47320
    12406 In-67, Albany, IN 47320
    12406 In-67, Albany, IN 47320
    /7

    $600 Per Month

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • 12406 W. State Road 67, Unit 8, Albany, IN

    12406 In-67, Albany, IN 47320

    2 bedroom, 1 bath apartment located in Albany near the fairwaysFeatures washer and dryer hook-up. Water and trash pick up is included in rent. Give us a call or text at for additional information.

    12406 In-67, Albany, IN 47320
  • 545 W State St Unit 3, Albany, IN 47320
    545 W State St Unit 3, Albany, IN 47320
    545 W State St Unit 3, Albany, IN 47320
    /15

    $899 Per Month

    • 2 Beds
    • 1 Bath
    • 1,101 Sq Ft
    • Condo for Rent

    545 W State St Unit 3, Albany, IN 47320

    Don’t miss out on this beautifully updated 2-bedroom, 1-bathroom triplex unit! Offering a comfortable and inviting layout, this home is perfect for anyone looking for a stylish space with modern touches.Step inside to find fresh updates throughout, complemented by plenty of natural light that brightens every room. The functional layout provides a cozy yet spacious feel, making it easy to

    545 W State St Unit 3, Albany, IN 47320
Indiana Delaware County Albany

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 $793 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos 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 $31,720 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 $793 per month in Albany, IN, renters typically need to show $2,379 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 17.8, 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 East Central, Industry, Anthony-Northside, Riverside-Normal City and Old West End, each with its own character and price range.

Rental Home Trends in Albany, IN

There are currently 3 homes available for rent in Albany, IN. The median rent is $793 per month, with condos at $794.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$793
Median Condo Rent
$794
How to Rent a Home

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