2

Albion, IN Houses for Rent

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  • /12

    $875 Per Month

    • 1 Bed
    • 1 Bath
    • House for Rent

    204 Autumn Hls Dr, Albion, IN 46701

    Newly renovated 1-bedroom, 1-bath apartment in Albion, IN, offering a modern, high-end finish throughout. The unit features new LVP and carpet, fresh paint in a contemporary palette, modern fixtures, wall AC, and electric baseboard heat. The renovated kitchen includes new appliances, painted cabinets, new countertops, and a large sink and faucet. Water and sewer are included; off-street parking

    204 Autumn Hls Dr, Albion, IN 46701
  • /16

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    506 N York St, Albion, IN 46701

    Very clean and well kept home in Albion for rent in town. New vinyl plank and carpet in living areas and bedrooms. The house is walking distance to the coffee shop and different restaurants in town. There is a washer and dryer hookup in the home. All applicants must be approved before a showing is scheduled. All applicants must be able to pass a background check, have a

    506 N York St, Albion, IN 46701

Frequently Asked Questions

How much does it cost to rent a single-family home in Albion, IN?
The median rent for a single-family home in Albion, IN is $1,013 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 Albion, IN?
To comfortably afford the median rent in Albion, IN, a household needs to earn roughly $40,480 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 $1,012 per month in Albion, IN, renters typically need to show $3,036 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 Albion, IN?
In Albion, IN, the price-to-rent ratio is 16.6, 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.

Rental Home Trends

Number of Houses for Rent
2
Median Single Family Home Rent
$1,013
How to Rent a Home