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Albany, OR Homes for Rent

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  • /21

    Starting at $1,595 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
  • /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
  • /42

    Starting at $1,479 Per Month

    • 1 - 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 $1,530 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
  • /37

    Starting at $1,405 Per Month

    • 2 Beds

    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
  • /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
  • /35

    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
  • /35

    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
  • /25

    $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 (2 blocks from Gibson Hill Park!), 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

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

    $2,495 Per Month

    • 3 Beds
    • 2 Baths
    • 1,635 Sq Ft
    • House for Rent

    2412 Mount Vernon St SE, Albany, OR 97322

    This property is professionally managed by AMH, a leading single-family rental company. We expect to make this property available for showings soon. We work to simplify your rental experience by offering self-guided tours and a streamlined leasing process you can complete all online, all on your own schedule. Once moved in, we provide maintenance support that you can rely on, so you can enjoy

    2412 Mount Vernon St SE, Albany, OR 97322
  • /53

    $14,885 Per Month

    • 10 Beds
    • 6 Baths
    • 4,789 Sq Ft
    • Condo for Rent

    132 7th Ave SE Unit SI ID1624355P, Albany, OR 97321

    The advertised rate of $14,886/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 30, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can

    132 7th Ave SE Unit SI ID1624355P, Albany, OR 97321
  • /20

    $4,810 Per Month

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

    132 7th Ave SE Unit SI ID1624354P, Albany, OR 97321

    The advertised rate of $4,811/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 28, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    132 7th Ave SE Unit SI ID1624354P, Albany, OR 97321
  • /60

    $5,839 Per Month

    • 3 Beds
    • 2 Baths
    • 1,496 Sq Ft
    • Condo for Rent

    132 7th Ave SE Unit SI FL2-ID1624348P, Albany, OR 97321

    The advertised rate of $5,839/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 3, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    132 7th Ave SE Unit SI FL2-ID1624348P, Albany, OR 97321
  • /20

    $5,126 Per Month

    • 2 Beds
    • 2 Baths
    • 3,681 Sq Ft
    • Condo for Rent

    827 4th Ave SE Unit SI ID1624362P, Albany, OR 97321

    The advertised rate of $5,126/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 3, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    827 4th Ave SE Unit SI ID1624362P, Albany, OR 97321
  • /20

    $1,650 Per Month

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

    356 NW Rainwater Ln, Albany, OR 97321

    Property Id: 1304915 Country setting on the edge of town in North Albany, Benton County, Oregon. Located off highway 20, this is a quick commute to OSU (14 minutes); HP (9 minutes); NETL (9-minutes); Albany Courthouse (5-minutes); Good Samaritan Hospital, Albany, OR (7 minutes); Good Samaritan Hospital, Corvallis, OR (12 minutes). If you want to come home to your own 1/4 acre backyard,

    356 NW Rainwater Ln, Albany, OR 97321
  • /36

    $5,134 Per Month

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

    964 Ferry St SW Unit SI ID1624346P, Albany, OR 97321

    The advertised rate of $5,135/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 4, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    964 Ferry St SW Unit SI ID1624346P, Albany, OR 97321
  • /20

    $8,504 Per Month

    • 5 Beds
    • 3 Baths
    • 2,249 Sq Ft
    • Condo for Rent

    132 7th Ave SE Unit SI ID1624343P, Albany, OR 97321

    The advertised rate of $8,504/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 2, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    132 7th Ave SE Unit SI ID1624343P, Albany, OR 97321
  • /20

    $3,400 Per Month

    • 5 Beds
    • 3 Baths
    • 3,477 Sq Ft
    • House for Rent

    2950 Marion St SE, Albany, OR 97322

    Property Id: 2713709 Welcome to The Marion House, where spacious living awaits! This newly updated home offers 5 large bedrooms, 3 bathrooms, and a bonus room, along with formal and informal living and dining rooms. There’s a large kitchen with an island, a walk-in pantry, and brand new appliances. Indoor laundry room and 2 car garage parking available with EV charger power outlet. Abundant

    2950 Marion St SE, Albany, OR 97322
  • /60

    $6,299 Per Month

    • 3 Beds
    • 2 Baths
    • 1,496 Sq Ft
    • Condo for Rent

    132 7th Ave SE Unit SI ID1624342P, Albany, OR 97321

    The advertised rate of $6,300/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 30, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    132 7th Ave SE Unit SI ID1624342P, Albany, OR 97321
  • /20

    $7,376 Per Month

    • 3 Beds
    • 3 Baths
    • 2,594 Sq Ft
    • Condo for Rent

    964 Ferry St SW Unit SI ID1624353P, Albany, OR 97321

    The advertised rate of $7,377/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 30, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    964 Ferry St SW Unit SI ID1624353P, Albany, OR 97321
  • /6

    $2,850 Per Month

    • 4 Beds
    • 2 Baths
    • 1,946 Sq Ft
    • House for Rent

    4362 Hackamore Ct SE, Albany, OR 97322

    Property Id: 2109566 Beautiful 4 bedrooms, 2 bathrooms home with approximately 1,946 sq. ft. of living space in a quiet Albany neighborhood. The home features a spacious open layout, modern kitchen with quartz countertops and stainless-steel appliances, central A/C, gas fireplace, tankless water heater, washer and dryer, and an attached 2-car garage. Enjoy a fully fenced and

    4362 Hackamore Ct SE, Albany, OR 97322
  • /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
  • /20

    $7,345 Per Month

    • 5 Beds
    • 3 Baths
    • 2,249 Sq Ft
    • Condo for Rent

    132 7th Ave SE Unit SI ID1624360P, Albany, OR 97321

    The advertised rate of $7,345/month is the lowest available price, based on a 1 month(s) stay with a move-in date of November 15, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    132 7th Ave SE Unit SI ID1624360P, Albany, OR 97321
  • /20

    $5,335 Per Month

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

    964 Ferry St SW Unit SI ID1624357P, Albany, OR 97321

    The advertised rate of $5,335/month is the lowest available price, based on a 30 day(s) stay with a move-in date of January 6, 2027. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    964 Ferry St SW Unit SI ID1624357P, Albany, OR 97321
  • /20

    $8,932 Per Month

    • 5 Beds
    • 3 Baths
    • 3,498 Sq Ft
    • Condo for Rent

    964 Ferry St SW Unit SI ID1624356P, Albany, OR 97321

    The advertised rate of $8,932/month is the lowest available price, based on a 30 day(s) stay with a move-in date of December 4, 2026. Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    964 Ferry St SW Unit SI ID1624356P, Albany, OR 97321
  • /64

    $1,575

    Total Monthly Price

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

    2549 Sherman St SE, Albany, OR 97322

    DESCRIPTIONAn apartment at the end of a triplex features 2 bedrooms, 1 bathroom and a finished garage with laundry hook-ups in it. Large closet in each bedroom, hallway and living room. RENTAL TERMSNO PETS, no smoking inside or outside or near the premise). Garbage is paid and all other utilities are tenants’ responsibility. $1595/month rent, $1595 security deposit. May be last

    2549 Sherman St SE, Albany, OR 97322
  • /11

    $750 Per Month

    • Studio
    • 1 Bath
    • Condo for Rent

    634 Calapooia St SW Unit 5, Albany, OR 97321

    Enjoy the character and convenience of historic downtown Albany in this bright and charming studio apartment. Featuring abundant natural light, this cozy space offers a comfortable layout with built-in storage and a convenient kitchen pantry to help keep everything organized.Enjoy access to a shared front yard with space for gardening, perfect for adding a little greenery or enjoying some

    634 Calapooia St SW Unit 5, Albany, OR 97321
  • /43

    $2,195 Per Month

    • 3 Beds
    • 3.5 Baths
    • 2,048 Sq Ft
    • Townhouse for Rent

    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
  • /2

    $1,995 Per Month

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

    1505 Jefferson St SE, Albany, OR 97322

    This newly remodeled home features a large fenced yard. Pet friendly with additional deposit and pet rent. Tenant is responsible for all utilities - electric, garbage and water/sewer. Kitchen features electric and stainless steel range, stainless steel fridge, granite countertops. No smoking allowed. 12 month lease and Renters Insurance required.Proudly managed by At Home

    1505 Jefferson St SE, Albany, OR 97322
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    $2,300 Per Month

    • 3 Beds
    • 2 Baths
    • 1,220 Sq Ft
    • House for Rent

    4056 Spring Ave NE, Albany, OR 97322

    Single level home in a Great Clover Ridge neighborhood! Open floor plan with vaulted ceilings. Large kitchen and dining area. Kitchen has all new appliances including a fridge and microwave over stove. Back covered patio. Large, vaulted living room with gas fireplace. Home has air conditioning. Tenant pays all utilities. Rent: $2,300* One-year lease. Equal Housing Opportunity.*

    4056 Spring Ave NE, Albany, OR 97322
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    $2,395 Per Month

    • 3 Beds
    • 2 Baths
    • 1,924 Sq Ft
    • House for Rent

    1405 Water Ave NE, Albany, OR 97321

    DescriptionRenovated 3-Bedroom 2 Bath Classic Cape Cod House with custom title and millwork. Located one block from Dave Clark Walking Trail, two blocks from the Albany Community Garden, and three blocks from Calapooia Brewery. Bowman's Park is just three blocks in the opposite direction. Downtown Albany, golf courses, shopping, restaurants, fitness club, medical facilities and access to

    1405 Water Ave NE, Albany, OR 97321
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    $2,300 Per Month

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

    4059 Thoroughbred Ave SE, Albany, OR 97322

    Beautiful home close to parks! DESCRIPTION: Beautiful House located in the Bridle Springs Neighborhood with private park! 3 bed, 2.5 bath, 2 Story, 2-car garage. Master has double sink vanity and walk-in closet, Gas fireplace, patio, covered front porch, Garage and Driveway Parking, Washer and Dryer hook-ups. RENT: $2,300.00 SECURITY DEPOSIT: $2500.00 Tenant pays all

    4059 Thoroughbred Ave SE, Albany, OR 97322
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    $2,000 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,120 Sq Ft
    • House for Rent

    1934 SE 1st Ave, Albany, OR 97321

    Charming Three Bedroom Pet Friendly Home in Albany! This 3-bedroom, 1.5-bath home in Albany offers a comfortable layout with an upstairs loft that provides flexible space for an office, den, or hobby area. The property is pet friendly and includes a large garage providing generous storage and parking options. Located close to community amenities, the home combines convenient access to local

    1934 SE 1st Ave, Albany, OR 97321
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    $2,395 Per Month

    • 3 Beds
    • 2 Baths
    • 1,620 Sq Ft
    • House for Rent

    900 NW Peacock Ln, Albany, OR 97321

    Spacious 3-Bedroom, 2-Bath Home in North Albany Rent:$2,395/month Water/Sewer Fee: $100/month Security Deposit: $2,000 Available: October 1, 2026 Lease Term: 1 year, then month-to-month Pets: No pets Smoking: No smoking indoors Utilities: Tenant responsible for all utilities including water softener system (flat fee for water/sewer) **AVAILABLE OCTOBER

    900 NW Peacock Ln, Albany, OR 97321
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    $2,550 Per Month

    • 4 Beds
    • 2 Baths
    • 1,515 Sq Ft
    • House for Rent

    375 Twister St NE, Albany, OR 97322

    *MOVE IN SPECIAL! $500 OFF FIRST FULL MONTHS RENT!*Discover this 4-bedroom, 2-bath home in Albany, OR, located near Timber Ridge School. The residence features a gas fireplace that adds warmth and character to the living area, and the layout offers four bedrooms to accommodate various needs. Pets are welcome here. With its convenient location close to Timber Ridge School, this property

    375 Twister St NE, Albany, OR 97322
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    $2,400 Per Month

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

    2400 NW Sunny Ln, Albany, OR 97321

    !!New interior painting!! $500 discount offer for September move in. 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

    2400 NW Sunny Ln, Albany, OR 97321
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    $2,400 Per Month

    • 3 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • House for Rent

    3122 30th Ave SE, Albany, OR 97322

    This lovely single level 3 bedroom, 2 bathroom home features a 2-car attached garage and fully fenced back yard with a cute patio for outdoor entertaining. GFA heating and new air conditioning. No smoking, pets considered with owner approval and additional deposit. No smoking.To schedule a showing, please visit us at .For more information about leasing or to apply,

    3122 30th Ave SE, Albany, OR 97322
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    $2,000 Per Month

    • 3 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • House for Rent

    35719 Engel Rd SE, Albany, OR 97322

    Nestled on the edge of a closed-down dairy farm, this peaceful and quiet three-bedroom, two-bath residence in Albany, OR provides practical out-of-town living. The home features a straightforward layout with new carpet and a functional kitchen fully equipped with a fridge, stove, microwave, and dishwasher. Outside, you will find a large yard for outdoor use, convenient vehicle access, a two-car

    35719 Engel Rd SE, Albany, OR 97322
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    $1,970 Per Month

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • House for Rent

    1915 5th Ave SE, Albany, OR 97321

    Welcome home to this charming 2-bedroom, 2-bathroom home in a quiet Albany neighborhood. This newly renovated home features beautiful hardwood flooring throughout, newer appliances, and convenient washer/dryer hookups. Enjoy the privacy of a fully fenced backyard, perfect for relaxing or entertaining. Located close to shopping, dining, and other Albany amenities, this home offers comfort and

    1915 5th Ave SE, Albany, OR 97321
  • /36

    $4,795 Per Month

    • 8 Beds
    • 4.5 Baths
    • 4,000 Sq Ft
    • House for Rent

    1950 Broadway St SW, Albany, OR 97321

    Recently Renovated 8 Bedroom, 4.5 Bathroom Home Albany Spacious and recently renovated 8-bedroom, 4.5-bathroom home situated on nearly half an acre. With multiple living areas, a separate lower-level living space, extensive parking and storage, this property offers a flexible layout well suited for a large household, multi-generational living, or students. **Great Albany Location**

    1950 Broadway St SW, 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 $2,300 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes and condos 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 $92,000 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 $2,300 per month in Albany, OR, renters typically need to show $6,900 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 15.4, 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, Central Albany, Willamette and Periwinkle, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
66
Median Rent
$2,300
Median Single Family Home Rent
$2,300
Median Townhouse Rent
$1,885
Median Condo Rent
$5,149
How to Rent a Home