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Albany, OR Homes for Rent

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  • /57

    Starting at $1,605 Per Month

    • 1 - 3 Beds

    225 Timber Ridge St NE, Albany, OR 97322

    Welcome to Eagle Pointe Apartments, a modern apartment community located in Albany, Oregon. Our thoughtfully designed homes feature spacious floor plans, contemporary finishes, and the comfort and convenience you deserve.Residents enjoy a variety of community amenities including a seasonal pool and spa, fitness center, sauna, sports court, movie theater, walking paths, and

    Eagle Pointe

    225 Timber Ridge St NE, Albany, OR 97322
  • /42

    Starting at $1,629 Per Month

    • 2 Beds

    1605 Oak St SE, Albany, OR 97322

    Riverbend Apartments is the premier luxury living destination in Albany, Oregon!This modern community offers thoughtfully designed one- and two-bedroom apartment homes that are sure to please, with surroundings tailored to fit every need. Each residence features granite countertops, stainless steel appliances, private balconies or patios, full-size washers and dryers, and

    Riverbend Apartments

    1605 Oak St SE, Albany, OR 97322
  • /55

    Starting at $1,705 Per Month

    • Studio - 4 Beds

    150 Timber Ridge St NE, Albany, OR 97322

    Timberridge Place Apartment HomesWelcome to Timberridge Place Apartment Homes!We are a brand new luxury community, offering relaxation and sophistication in a beautiful setting for all of our residents to enjoy! Come see everything that our community has to offer!Timberridge Place offers luxury living with an endless amenities package. Our homes feature plank wood flooring,

    Timber Ridge Place Apartment Homes

    150 Timber Ridge St NE, Albany, OR 97322
  • /55

    Starting at $1,580 Per Month

    • 1 - 3 Beds

    3517 Hill St SE, Albany, OR 97322

    Welcome to Plumtree Apartments in South Albany, where modern design meets everyday comfort. Spacious one and two bedroom homes feature stainless steel appliances, in home laundry, high ceilings, and private patios or balconies.Enjoy a 24 hour fitness center, clubhouse with WiFi, and a seasonal pool. Pet friendly and conveniently located near shopping, dining, and I5.Find your next home at

    Plumtree Apartments

    3517 Hill St SE, Albany, OR 97322
  • /21

    Starting at $1,410 Per Month

    • Studio - 3 Beds

    350 Timber Ridge St NE, Albany, OR 97322

    Welcome to Somerset Ridge Apartment Homes!We are a luxury community, offering relaxation and sophistication in a beautiful setting for all of our residents to enjoy! Come see everything that our community has to offer!Somerset Ridge offers luxury living with an endless amenities package. Our homes feature plank wood flooring, granite counter tops, air conditioning, and

    Somerset Place

    350 Timber Ridge St NE, Albany, OR 97322
  • /37

    Starting at $1,545 Per Month

    • 2 Beds

    2901 Salem Ave SE, Albany, OR 97321

    IMPORTANT:* INCOME REQ: Must gross 2.5x the regular rent ($1,795) to qualify.UTILITIES:* Included: Water/Sewer/Garbage* Tenant Paid: Responsible for Electric, Gas (If Applicable), and all Other UtilitiesUNIT & AMENITIES:* Type: 1st Floor Unit in a Brand New 2-Story Complex* Kitchen: Fridge, Stove, Dishwasher Included* Heat Type: Electric* Laundry:

    Salem Crossings

    2901 Salem Ave SE, Albany, OR 97321
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    Starting at $1,510

    Total Monthly Price

    • 1 - 2 Beds

    1755 Geary St SE, Albany, OR 97322

    Nestled within the vibrant neighborhood of Albany, OR, Creekside Meadows Apartments intertwines modern living with the picturesque charm of its natural surroundings. Discover a delightful community where convenience and tranquility converge, surrounded by picturesque landscapes. Our thoughtfully designed one and two-bedroom homes boast upscale finishes, offering a haven of comfort and style. At

    Creekside Meadows

    1755 Geary St SE, Albany, OR 97322
  • /35

    Starting at $1,350 Per Month

    • 1 Bed

    1915 21st Ave SE, Albany, OR 97322

    Welcome to Meadows Apartments in Albany, Oregon, a thoughtfully designed community nestled in the desirable Periwinkle neighborhood where comfort, convenience, and natural surroundings come together to create a truly livable home environment.Meadows Apartments offers a peaceful residential setting surrounded by lush landscaping, mature greenery, and a park-like atmosphere. Residents enjoy

    The Meadows

    1915 21st Ave SE, Albany, OR 97322
  • /14

    $1,000

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 140 Sq Ft
    • House for Rent

    2981 NE Kindsey Ln, Albany, OR 97321

    Worried about accommodation during your travel assignment in Oregon; Albany, Salem, Corvallis, Tangent and surrounding areas? 4 fully furnished rooms in Millersberg (Albany) OR in a very nice neighborhood available. The house is near Interstate 5. Its less than 30mins to Oregon state hospital, Good samaritan hospital in Corvallis, Albany General Hospital, Santiam hospital, Oregon Veterans home,

    2981 NE Kindsey Ln, Albany, OR 97321
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    $2,595

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • 1,608 Sq Ft
    • Townhouse for Rent

    2705 NW 12th Ave, Albany, OR 97321

    Get the best of both worlds; a brand new home in an established neighborhood, with a 4-zone A/C! We just finished building 4 townhouses on one of the best streets in North Albany. You'll be the first occupant! The living room and luxury kitchen feature large windows and access to your deck and fenced yard. And wait until you see the size of the bedrooms! This is not a tight floorplan like many

    2705 NW 12th Ave, Albany, OR 97321
  • /15

    $1,580

    Total Monthly Price

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

    1811 17th Ave SE, Albany, OR 97322

    This homey, 1-bedroom, 1-bath duplex offers a comfortable and convenient place to call home in Albany. Built in 2015, the unit features hardwood cabinetry, brand-new luxury vinyl plank flooring, and a spacious open-concept living area. With Heritage Mall, Target, restaurants, and other everyday conveniences within walking distance, the location makes day-to-day living easy. The private setting is

    1811 17th Ave SE, Albany, OR 97322
  • /15

    $1,580

    Total Monthly Price

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

    1811 17th Ave SE, Albany, OR 97322

    This homey, 1-bedroom, 1-bath duplex offers a comfortable and convenient place to call home in Albany. Built in 2015, the unit features hardwood cabinetry, brand-new luxury vinyl plank flooring, and a spacious open-concept living area. With Heritage Mall, Target, restaurants, and other everyday conveniences within walking distance, the location makes day-to-day living easy. The private setting is

    1811 17th Ave SE, Albany, OR 97322
  • /15

    $1,350

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 950 Sq Ft
    • Condo for Rent

    1537 Salem Ave SE Unit A, Albany, OR 97321

    2BR/1BA approx. 950SF unit single level duplex completely remodeled in 2022 with new kitchen, bath, floor coverings, lights, windows, and fixtures. Private office or exercise nook. Paved parking plus street parking on Salem Ave and Mason. Enjoy no neighbors above, below, or 3 sides. Shared free laundry in basement. Use of portion of the tall basement for storage, exercise, workshop, recreational

    1537 Salem Ave SE Unit A, Albany, OR 97321
  • /11

    $1,725 Per Month

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft
    • Townhouse for Rent

    3238 Knox Butte Ave NE, Albany, OR 97321

    Property Id: 1072609 Easy I-5 freeway access, walking distances to Winco and Costco and multiple restaurants Inside Features: Solid Surface flooring throughout the space. Brand New Central Heating and Air Conditioning. Appliances included Refrigerator and Electric Range. Outside Features: Fenced side yard, Outside Storage Shed, and Garden Box. Two off-street parking spaces.

    3238 Knox Butte Ave NE, Albany, OR 97321
  • /14

    $1,825 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,200 Sq Ft
    • Condo for Rent

    3240 Knox Butte Ave NE Unit 3240, Albany, OR 97321

    Property Id: 1468900 Discover the perfect blend of convenience and comfort in this newly remodeled 3 bed, 1.5 bath duplex located just moments away from town and with easy access to the I-5 freeway. This top floor unit boasts modern amenities, great natural light and thoughtful touches throughout. Features: Brand new appliances for hassle-free living Central heating and air

    3240 Knox Butte Ave NE Unit 3240, Albany, OR 97321
  • /43

    $2,295 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,048 Sq Ft
    • Luxurious Townhouse Living in Albany's Heart

    1555 Dolores Way, Albany, OR 97322

    Well-maintained 3-bedroom, 3.5-bath townhouse located in a desirable Albany neighborhood. This home offers an open living area with high ceilings and plenty of natural light. The kitchen features granite countertops, stainless steel appliances, and ample cabinet space.Each bedroom includes its own private bathroom, with two bedrooms offering walk-in closets. Modern features include

    1555 Dolores Way, Albany, OR 97322
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    $1,795 Per Month

    • 2 Beds
    • 1 Bath
    • 815 Sq Ft
    • Newly Remodeled 2 Bedroom!

    2910 Railroad St SE, Albany, OR 97322

    Welcome to this beautifully remodeled duplex located in the heart of Albany, OR. This property boasts two spacious bedrooms and a full bathroom, perfect for comfortable living. The interior features stunning quartz counters that add a touch of elegance to the home. The kitchen is equipped with brand new appliances, ensuring a modern and efficient cooking experience. The duplex also offers a

    2910 Railroad St SE, Albany, OR 97322
  • /14

    $1,395 Per Month

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • House for Rent

    1206 Hill St SE, Albany, OR 97322

    Beautifully Updated 1 Bedroom Duplex in a Prime Albany Location – WIFI Included!Don't miss this beautifully updated 1-bedroom, 1-bath duplex located in one of Albany's most convenient and desirable neighborhoods! Featuring brand-new luxury vinyl plank flooring and fresh interior paint throughout, this inviting home offers modern finishes, a functional floor plan, and exceptional

    1206 Hill St SE, Albany, OR 97322
  • /19

    $2,395 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,839 Sq Ft
    • New Townhome On Willamette River

    887 Front Ave NE, Albany, OR 97321

    LIVE ON THE WILLAMETTE RIVER! New Townhouse Unit with a patio and balcony that overlook the River. Edgewater Village has 10 riverfront townhome units in all and 18 that are 1/2 block away from the Willamette River. Be one of the first to rent at this new development and pick your home before someone else does.This unit features 9-foot ceilings, quartz countertops and soft-close

    887 Front Ave NE, Albany, OR 97321
  • /2

    $3,200 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,192 Sq Ft
    • House for Rent

    2384 23rd Ave NW, Albany, OR 97321

    Welcome to this new construction in North Albany in 2020. Corner lot with all fenced backyard. Two-story floor plan. The family and dining rooms share an impressive space overlooked. The open kitchen features ample counter space, cupboard storage, and a large pantry. The living room may be converted into an optional den. 4 bedrooms are upstairs. The expansive master suite features an oversized

    2384 23rd Ave NW, Albany, OR 97321
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    $2,450 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,484 Sq Ft
    • Cat Pet Friendly 3 Bed / 2.5 Bath Home Near I-5 in Albany, OR

    3807 Ryunkin St SE, Albany, OR 97322

    This modern 3-bedroom, 2.5-bath home in Albany, OR combines comfortable living with practical amenities. Vaulted ceilings and recessed lighting create an open, airy feel, while a gas fireplace adds warmth and ambiance. The kitchen includes a breakfast bar ideal for casual meals. A convenient reading nook upstairs provides a cozy spot for relaxation or could be used for a work space cubby. Climate

    3807 Ryunkin St SE, Albany, OR 97322
  • /16

    $1,295 Per Month

    • 1 Bed
    • 1 Bath
    • 600 Sq Ft
    • Beautiful Ground Level 1Bed/1Bath with Deck Close to Downtown Albany!

    1105 SE 1st Ave Unit 1, Albany, OR 97321

    Enjoy comfort, privacy, and modern conveniences in this beautiful ground level apartment! Featuring a spacious living room, a fully equipped kitchen with dishwasher, full-size refrigerator, and microwave, and an oversized bedroom with a walk-in closet. Large hedges and a covered front porch provide shade and seclusion, while the private deck and raised garden beds offer the perfect spot to relax

    1105 SE 1st Ave Unit 1, Albany, OR 97321
  • /16

    $1,895 Per Month

    • 3 Beds
    • 1 Bath
    • 1,051 Sq Ft
    • Spacious 3-bedroom/1 bath duplex in Albany!

    2635 Lyon St SE Unit lyon2635, Albany, OR 97322

    Welcome home to this spacious 3-bedroom, 1-bath duplex offering 1,051 square feet of comfortable living in a convenient Southeast Albany location. Close to shopping, schools, and public transportation, this home combines everyday convenience with practical amenities.Inside, you'll find a functional floor plan featuring large bedrooms with oversized closets, generous linen storage, and

    2635 Lyon St SE Unit lyon2635, Albany, OR 97322
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    $2,450 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,445 Sq Ft
    • House for Rent

    4059 Thoroughbred Ave SE, Albany, OR 97322

    Fully remodeled rental unit. New Paint, New LVP Flooring, New Carpet, New Cabinets and counter tops3 Bed, 2.5 Bath, 2 Story unit--DESCRIPTIONBeautiful House located in Bridle Springs Neighborhood. Neighborhood has private park! 3 bed, 2.5 bath. Fully remodeled! new carpet, paint, bathroom, kitchenGarage and Driveway ParkingWasher and Dryer hook-up in

    4059 Thoroughbred Ave SE, Albany, OR 97322
  • /9

    $1,695 Per Month

    • 3 Beds
    • 1 Bath
    • 1,148 Sq Ft
    • 3 bedroom, 1 bath cozy home

    739 5th Ave SE, Albany, OR 97321

    Welcome home to this beautifully refreshed 3 bedroom, 1 bathroom home! Originally built in 1900, this home combines classic character with modern updates throughout. Inside, you’ll find updated flooring, a remodeled kitchen, and an updated bathroom that give the home a clean and modern feel while still maintaining its historic charm. The layout offers flexibility with one bedroom and the

    739 5th Ave SE, Albany, OR 97321
  • /57

    $1,295 Per Month

    • 2 Beds
    • 1 Bath
    • 865 Sq Ft
    • Condo for Rent

    205 6th Ave SW Unit 14, Albany, OR 97321

    $500 MOVE IN SPECIAL!! Beautiful 2 Bed, 1 Bath Second Floor Apartment Near Downtown Albany! This second-floor unit offers two well-sized bedrooms and a full bathroom, ideal for comfortable living close to downtown Albany. The building includes on-site laundry for convenience and provides one assigned parking space in the lot. Pets are welcome; please inquire about any pet policy details.

    205 6th Ave SW Unit 14, Albany, OR 97321
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    $1,995 Per Month

    • 2 Beds
    • 2.5 Baths
    • 1,313 Sq Ft
    • House for Rent

    807 Water Ave NE, Albany, OR 97321

    *$150.00 Move In special* Edgewater Townhome. Two master suites on the upstairs level. Kitchen, living and 1/2 bath on main floor. Double garage.- Stainless steel appliances- Quartz countertops in kitchen- Custom cabinetry with soft close-, Luxury vinyl plank vinyl- Air conditioning- Units are fire sprinkled- Walk to the Willamette River or Historic Downtown

    807 Water Ave NE, Albany, OR 97321
  • /18

    $1,795 Per Month

    • 3 Beds
    • 2 Baths
    • 1,292 Sq Ft
    • tds02

    1891-1893 Rye St SE Unit 1891, Albany, OR 97322

    1891-1893 Rye St SE Unit 1891, Albany, OR 97322
  • /13

    $1,250 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Bright and Spacious Second Story One-Bedroom Apartment in Prime Location!

    1105 SE 1st Ave Unit 3, Albany, OR 97321

    Enjoy the charm of a historic Albany home in this inviting second-story one-bedroom apartment. Natural light fills the space, creating a bright and welcoming atmosphere, while the upper-level location offers added privacy. The kitchen is thoughtfully equipped with a gas stove, dishwasher, full-size refrigerator, and enjoy a built-in hutch that adds convenient storage. This comfortable apartment

    1105 SE 1st Ave Unit 3, Albany, OR 97321
  • /10

    $1,395 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    1101 Century Dr NE, Albany, OR 97322

    Discover this charming 2-bedroom, 1-bathroom triplex, where comfort meets convenience. This property offers a welcoming atmosphere with ample natural light. The cozy living area is perfect for relaxation, while the well-appointed kitchen invites culinary creativity. Enjoy the versatility of two bedrooms, ideal for a home office, guest room, or personal sanctuary.Step outside to find a

    1101 Century Dr NE, Albany, OR 97322
  • /19

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • 211

    206-210 14th Ave SE Unit 206 14th Ave SE, Albany, OR 97322

    206-210 14th Ave SE Unit 206 14th Ave SE, Albany, OR 97322
  • /57

    $1,250 Per Month

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

    208 5th Ave SE, Albany, OR 97321

    $500 MOVE IN SPECIAL!!! Remodeled 1 Bed, 1 Bath Apartment Near Downtown Albany offers an updated one-bedroom, one-bath layout minutes from downtown amenities. The unit includes on-site laundry for convenient care, a designated parking space in the lot, and pet-friendly policy. This apartment is positioned for easy access to nearby shops, dining, and local services, providing a practical,

    208 5th Ave SE, Albany, OR 97321
  • /10

    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft
    • 2 Bedroom 1 Bath, 3 plex

    200-204 14th Ave SE Unit 204 14th Ave SE, Albany, OR 97322

    2 Bedroom 1 bath, updated units

    200-204 14th Ave SE Unit 204 14th Ave SE, Albany, OR 97322
  • /18

    $2,550 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,556 Sq Ft
    • House for Rent

    2400 NW Sunny Ln, Albany, OR 97321

    3 bedroom, 2.5 bathroom single-family house located in the Benton Woods NW Albany Community. Gorgeous kitchen with tile countertops and stainless steel appliances. large living room. Master Bedroom with a large walk-in closet, and master bathroom with private toilet room, separate shower, and a sunken soaking tub. All fenced backyard. Two-car garage. Close to Corvallis, shops, and Clinic. Nature

    2400 NW Sunny Ln, Albany, OR 97321
  • /8

    $1,400 Per Month

    • 2 Beds
    • 1 Bath
    • 890 Sq Ft
    • Charming 2 bed/1 bathroom

    6295 Weldon Ct SW, Albany, OR 97321

    Charming 2-bedroom, 1-bath duplex located in desirable southwest Albany, offering convenient access to both Albany and Corvallis. Situated in a quiet residential neighborhood near Linn-Benton Community College and Ciddici's Pizza! No pets.Available on 08/19/2026Details: 2 bed 1 bath Covered patio Garage Washer/Dryer hookups Rental Terms: 12-month lease

    6295 Weldon Ct SW, Albany, OR 97321
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    $1,500 Per Month

    • 2 Beds
    • 1 Bath
    • 728 Sq Ft
    • (917) 27th Street Duplex - 2 Bedroom / 1 Bathroom - Albany Duplex ***PET FRIENDLY

    1373 27th Ave SE Unit 1373 (P), Albany, OR 97322

    Discover comfortable living in this 2-bedroom, 1-bathroom duplex on 27th Street in Albany. The unit includes a single-car garage, washer/dryer hook-ups, and a small fenced backyard—ideal for those seeking some private outdoor space. Vinyl flooring in the Living room/hall area with new carpet in the bedrooms. Pet friendly and conveniently located close to schools and parks, this Albany duplex

    1373 27th Ave SE Unit 1373 (P), Albany, OR 97322
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    $1,295 Per Month

    • 2 Beds
    • 1 Bath
    • 865 Sq Ft
    • Condo for Rent

    205 6th Ave SW Unit 13, Albany, OR 97321

    $500 MOVE IN SPECIAL!!!Beautiful 2 Bed, 1 Bath Second Floor Apartment Near Downtown Albany! This second-floor unit offers two well-sized bedrooms and a full bathroom, ideal for comfortable living close to downtown Albany. The building includes on-site laundry for convenience and provides one assigned parking space in the lot. Pets are welcome; please inquire about any pet policy details.

    205 6th Ave SW Unit 13, Albany, OR 97321
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    $1,295 Per Month

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft
    • House for Rent

    324 Calapooia St SW, Albany, OR 97321

    Check out this darling vintage 2 bed/1 bath apartment nestled in the Albany Historic district, very near great parks, schools and downtown! Vintage charm with tall ceilings, spacious bedrooms and walls of windows. Comfortable kitchen with dishwasher. No smoking, small pet considered with approval and additional deposit. Utilities are tenant paid. To schedule a showing, please visit

    324 Calapooia St SW, Albany, OR 97321
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    $1,695 Per Month

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • Cozy 2 Bed, 1 Bath duplex with large yard - Won't Last Long!

    4311 Waverly Dr NE, Albany, OR 97321

    A cozy 2 bedroom and 1 bath duplex on a cul-de-sac street available in the Millersburg areaThis home comes equipped with an attached 1 car garage and a large partially fenced backyard, and washer dryer hookups.Tenant responsible for lawn careWater & septic includedTenant Responsible for all other utilities Smoking allowed Outside the unitNo pets allowed. Animal

    4311 Waverly Dr NE, Albany, OR 97321
  • /20

    $2,975 Per Month

    • 4 Beds
    • 2 Baths
    • 2,053 Sq Ft
    • 4 bedroom 2 bathroom Home in Albany

    2752 NW Robinhood St, Albany, OR 97321

    Discover this 4 bedroom, 2 bathroom home in Albany offering stainless steel appliances and a functional layout for comfortable living. The property includes a two-car garage and a covered patio that extends the living space outdoors. A large backyard provides room for gardening, recreation, or entertaining. Located in North Albany, this residence pairs practical amenities with a straightforward

    2752 NW Robinhood St, Albany, OR 97321

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Why Live in Albany

Albany's historic downtown features a beautifully restored 1909 carousel where visitors can watch volunteers hand-carving new animals at the Historic Carousel & Museum. The city preserves its pioneer heritage through four distinct historic districts, showcasing over 700 buildings dating to the 1840s, including the Monteith House Museum, Albany's first framed structure from 1849. Outdoor recreation flourishes at Talking Water Gardens, a unique man-made wetlands park, while Timber Linn Memorial Park offers a lake, walking paths and sports fields.

The housing market in Albany presents diverse options across eight main neighborhoods. North Albany commands the highest median single family home price at $564,500, while Willamette offers more affordable options with a median price of $332,500. The citywide median sale price stands at $440,000, with townhomes at $386,400 and two bedroom condos at $317,500.

Albany Transit System provides public bus service throughout the city, with Albany Station serving as an Amtrak hub. The culinary scene features notable establishments like Vault 244 and Sybaris. Oak Grove Intermediate School, rated A minus by Niche, serves the North Albany neighborhood. The city hosts significant annual events including the Northwest Art & Air Festival and Veterans Day Parade. Located 70 miles south of Portland and 45 miles north of Eugene, Albany offers convenient access to the Oregon Coast, just 60 miles west.

Frequently Asked Questions

How much does it cost to rent a home in Albany, OR?
The median rent for a home in Albany, OR is $1,645 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Albany, OR?
To comfortably afford the median rent in Albany, OR, a household needs to earn roughly $65,800 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 $1,645 per month in Albany, OR, renters typically need to show $4,935 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, OR?
In Albany, OR, the price-to-rent ratio is 22.1, 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, OR are best for renting a home?
The best neighborhood for renting in Albany, OR depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Jackson Hill, Sunrise, Willamette, Central Albany and Santiam, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
61
Median Rent
$1,645
Median Single Family Home Rent
$2,400
Median Townhouse Rent
$1,695
Median Condo Rent
$1,500
How to Rent a Home