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Albany, OR Homes for Rent

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  • /57

    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
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    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
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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
  • /36

    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
  • /36

    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
  • /10

    Starting at $1,475 Per Month

    • 2 Beds

    621-733 34th Ave SE, Albany, OR 97322

    ONE MONTH FREE WITH A 8-MONTH LEASE!!!At The Maples, we offer 1, 2, and 3 bedroom spacious apartment homes in the beautiful town of Southeast Albany. Make yourself at home and enjoy all of our excellent amenities, including patios, dishwashers, storage units, multiple on-site laundry facilities, and our incredible landscaping.Our apartment homes are conveniently located in close

    #314 THE MAPLES APARTMENTS

    621-733 34th Ave SE, Albany, OR 97322
  • /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
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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 (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
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    $2,150

    Total Monthly Price

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

    1607 Front Ave NE Unit 200, Albany, OR 97321

    This unique, detached carriage house apartment sits entirely above a large garage. Offering a peaceful sanctuary with no adjoining walls and a private entrance. Flooded with natural light through massive windows. The home features soaring high ceilings, bamboo floors, an open-concept floor plan with a stylish sunken living space, and sweeping, unobstructed views over a lush neighborhood park

    1607 Front Ave NE Unit 200, Albany, OR 97321
  • /23

    $1,800

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft
    • Condo for Rent

    533 4th Ave SW Unit 201, Albany, OR 97321

    Brand new, spacious 2 bedroom/2 bathroom apartments for rent. Located in the heart of historic downtown Albany within walking distance to shopping, dining, and many activities. Each unit has a washer/dryer in unit, stainless steel appliances, heating and cooling, built in storage, hardwood flooring, and many more amenities. Garbage, water, sewer paid. Landscape maintenance provided.

    533 4th Ave SW Unit 201, Albany, OR 97321
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    $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

    $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
  • /5

    $1,975 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,450 Sq Ft
    • House for Rent

    822 10th Ave SW, Albany, OR 97321

    Property Id: 2824230 Welcome to this classic West Albany charmer, perfectly situated in a highly sought-after location. Enjoy the convenience of being close to trendy downtown Albany, nearby medical facilities, and the excellent West Albany School District—ideal for families or anyone who values community and accessibility. This inviting two-story home offers flexible living spaces:

    822 10th Ave SW, 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
  • /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
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    $2,450 Per Month

    • 3 Beds
    • 2 Baths
    • 1,501 Sq Ft
    • House for Rent

    699 Trinity St NE, Albany, OR 97322

    Welcome home to this spacious 3-bedroom, 2-bathroom single-level home in a desirable NE Albany neighborhood. With approximately 1,500 square feet of living space, this home offers plenty of room to spread out while providing the comfort and convenience you're looking for.The thoughtfully designed layout provides comfortable living areas, generously sized bedrooms, and a practical flow

    699 Trinity St NE, Albany, OR 97322
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    $2,750 Per Month

    • 4 Beds
    • 2.5 Baths
    • 1,882 Sq Ft
    • House for Rent

    224 Derby St SE, Albany, OR 97322

    Walking into this home, you are greeted by a beautiful open space with a vaulted ceiling. Enjoy two entertainment rooms and a full kitchen with plenty of counter space and a kitchen island. Double sink vanity in the primary room. Washer and dryer included! Fenced backyard space has a lot of potential if you're a gardener. This property is in an HOA.Screening Fee: $65/person 18+ years of

    224 Derby St SE, Albany, OR 97322
  • /10

    $1,895 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1,146 Sq Ft
    • Condo for Rent

    601 32nd Ave SE, Albany, OR 97322

    Welcome to this move-in ready single-level duplex in Albany! Offering a spacious layout, a cozy vaulted great room, and practical low-maintenance living, this home provides comfortable, accessible living in a great neighborhood setting.THE SPACEExperience the accessibility and ease of single-level living in this well-appointed 2-bedroom, 1.5-bathroom duplex. Stepping inside, you are

    601 32nd Ave SE, Albany, OR 97322
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    $1,695 Per Month

    • 3 Beds
    • 2 Baths
    • 1,292 Sq Ft
    • 1891-1893 Rye St SE

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

    3Bd/2Ba Single story duplex built in 1994 w/ approx 1292 sq ft. This duplex features electric cadet heat, interior W/D hookups, fenced backyard, and a single attached garage. All kitchen appliances provided. Tenant responsible for all utilities and landscaping. No pets, not negotiable and no smoking or vaping on the property. Renter's liability insurance required. 1 year lease required.IF

    1891-1893 Rye St SE Unit 1891, Albany, OR 97322
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    $2,295 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
  • /12

    $1,825 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,325 Sq Ft
    • Townhouse for Rent

    825 Morse Ave SW, Albany, OR 97321

    3 Bedroom 1.5 BathSingle car garageWasher/Dryer hookupsAC in the home1/2 Off 2nd Month's RentAll rentals are NON-SMOKING.For all inquires or to schedule a showing please call #All application on website: Security Deposits listed is the minimum, actual Security Deposit based on application results Cats OnlyAdditional Security

    825 Morse Ave SW, Albany, OR 97321
  • /2

    $2,600 Per Month

    • 3 Beds
    • 2 Baths
    • 1,574 Sq Ft
    • House for Rent

    2661 NW Brianna St, Albany, OR 97321

    Brand new carpet just installed. Welcome to this charming 3-bedroom, 2-bathroom single-level home located in a desirable North Albany neighborhood. Situated on a quiet residential street, this well-maintained property offers comfort, convenience, and a functional layout perfect for families or professionals. Attached 2-car garage. Fully fenced backyard with patio – great for relaxing or

    2661 NW Brianna St, Albany, OR 97321
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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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    $1,650 Per Month

    • 2 Beds
    • 1.5 Baths
    • 1277 Second Ave SE

    1277 SE 2nd Ave, Albany, OR 97321

    Recently updated 900 sq. ft. 2 bedroom 1.5 bath apartment. New flooring and paint. Kitchen includes fridge, stove, microwave and dishwasher. Unit has Electric heat/water and AC. 1 car garage with opener and lots of storage throughout. Tenant pays all utilities and maintains landscaping. NO Pets (ESA only) NO smoking.*security deposit listed is the minimum, actual security deposit based on

    1277 SE 2nd Ave, Albany, OR 97321
  • /14

    $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 in an HOA! 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
  • /13

    $2,050 Per Month

    • 3 Beds
    • 1 Bath
    • 1,250 Sq Ft
    • House for Rent

    403 SE Cleveland St, Albany, OR 97321

    Approx. 1250 sq ft. 3 bed, 2.5 bath. Kitchen has range, refrigerator, Microwave, Dishwasher. Washer/Dryer hook-ups in garage. Fenced yard. AC and Gas heat. Tenant pays all utilities and maintains landscaping. No pets (ESA Only). No smoking. $3000 Deposit

    403 SE Cleveland St, Albany, OR 97321
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    $2,750 Per Month

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

    375 Twister St NE, Albany, OR 97322

    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 provides practical living in a central

    375 Twister St NE, Albany, OR 97322
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    $2,500 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
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    $2,595 Per Month

    • 3 Beds
    • 3 Baths
    • 2,071 Sq Ft
    • House for Rent

    5954 Henshaw St SE, Albany, OR 97322

    This new-construction 3-bedroom, 3-bath home in Albany, OR features an open-concept floorplan that flows into a modern kitchen with quartz countertops. The property offers a 2-car garage plus a 2-car driveway for ample parking, central A/C for comfort, and a fenced backyard for privacy. Raised garden beds provide space for planting and landscaping. Thoughtfully designed and move-in ready, the

    5954 Henshaw St SE, Albany, OR 97322
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    $2,295 Per Month

    • 3 Beds
    • 2 Baths
    • 1,062 Sq Ft
    • House for Rent

    3234 23rd Ave SE, Albany, OR 97322

    Well-kept single-level home in Albany.3 bed, 2 bath, includes biweekly landscaping, 2-car garage, detached shed, enclosed backyard space, new flooring, and more!Schedule a tour today!Screening Fee: $65/person 18+ years of ageRent: $2,295.00Security Deposit: $2,295.00 minimumUtilities: Tenant responsible for all (electric, gas, trash, and water)Landscaping:

    3234 23rd Ave SE, Albany, OR 97322
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    $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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    $1,395 Per Month

    • 2 Beds
    • 1 Bath
    • 650 Sq Ft
    • 940/940 ½ Willetta St SW

    940-940 Willetta St SW Unit 940, Albany, OR 97321

    This downstairs apartment includes a kitchen/dining area, a spacious living room, a laundry room complete with a washer and dryer, a small front lawn, a front porch, a workshop, and a carport! This recently updated home includes new laminate flooring, new cabinetry, and fresh paint. Conveniently located near a park, downtown Albany, and many great restaurants.To apply visit:

    940-940 Willetta St SW Unit 940, Albany, OR 97321
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    $1,250 Per Month

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

    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
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    $2,695 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,640 Sq Ft
    • House for Rent

    3800 Ryunkin St SE, Albany, OR 97322

    3 bedroom, 2.5 bath home in a great location, minutes to I-5 and near shopping. Two story home with a carpeted upstairs, hardwood floors, a fully fenced backyard, and a covered porch. Open kitchen and dining with plenty of cabinet space, an island, and stainless-steel appliances. Cozy living room has a gas fireplace. Features washer/dryer hook-ups and an off-street 2 car garage. If you

    3800 Ryunkin St SE, Albany, OR 97322
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    $2,450 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,484 Sq Ft
    • House for Rent

    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
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    $1,435 Per Month

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

    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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    $1,100 Per Month

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

    114 SE Madison St, Albany, OR 97321

    1 bedroom 1 full bathroom Comfortable living space Functional kitchen area Convenient Albany location Great option for a single resident or couple RENTAL TERMS: Rent: $1,100 per month (month-to-month) Security Deposit: $1,100 Screening Fee: $47 per adult (paid after a tour) Pets Welcome (400 Deposit. $50 per month.) Renter's Insurance Required Owner pays water, sewer

    114 SE Madison St, Albany, OR 97321
  • /7

    $1,600 Per Month

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

    1640 Geary St SE Unit 4, Albany, OR 97322

    Nice 2 bedroom fourplex with garage, includes water and sewer and has new carpets

    1640 Geary St SE Unit 4, Albany, OR 97322

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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 $1,895 per month, though prices vary by neighborhood, size, and property type. As of September 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 $75,800 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 $1,895 per month in Albany, OR, renters typically need to show $5,685 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 18.9, 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, Periwinkle and Willamette, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
63
Median Rent
$1,895
Median Single Family Home Rent
$2,395
Median Townhouse Rent
$1,825
Median Condo Rent
$1,495
How to Rent a Home