Zumper
modified
19 Hours Ago

Highlights

  • Pet Friendly

Location

417 Lyon St Se, Albany, OR 97321, USA
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Contact

Management

Diversified Property Management and Real Estate Services

Leasing office

(541) 981-6145

Property Overview

Armory Apartments holds a top-tier position in Zumper’s expert rating, reflecting its value for money within the local market. The property is distinguished by several pros, making it an appealing option for those seeking quality and affordability. Notable features further enhance its attractiveness, positioning it as a desirable living choice in the area.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 out of 10 overall, Armory Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Armory Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Elementary school nearby
  • Middle school nearby

Great for

  • Pet owners

Floor plans

0BR/1.0BAStudio1 bath$850 /mo1 unit availableConveniently located 1 bath studio apartment in Downtown Albany, close to shopping, restaurants and city parks and more. Utility charge of $25 for water/sewer/garbage. Tenants Responsible for power. Coin op washer/dryer on site. No designated parking, street parking only. No smoking or vaping of any kind in the Building. Pets are allowed with a 2 pet max (Cats or Dogs only), Weight limit 20 pounds, Pet rent of $50/pet and additional $500 security deposit per pet required upon approval of pet screening. Animal screening or verification that no animals are being brought to the premises is required as part of the application process through Pet Screening Service. https rentfromdpm petscreening com If you wish to apply for this property there are some things you should know. Your gross income must equal 3 times the monthly rent. If you are on section 8 you must take home 3 times your portion of the monthly rent. All forms of legal verifiable income are accepted. Bank statements are not valid proof of income, we require current pay stubs, award letters, tax documents or other documents showing proof of ongoing income. You must have a positive rental history of at least one year. We will conduct a credit, criminal, eviction history, and rental reference check. The full rental criteria is attached to your application. Call during business hours to schedule a showing or visit our website for an online application. Monday - Friday 9 am to 5 pm closed for lunch 12:30-1:30 pm. *Security deposit listed is the minimum, actual security deposit based on application results and pets.*

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Amenities for Armory Apartments

Apartment Amenities

New Flooring

Appliances

In-Unit LaundryRange and Refrigerator
Washer and Dryer

Building

Cats OKDogs OK
Onsite Laundry

Neighborhood

Close To Downtown

Other

Water, Sewer, & Garbage
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Dog Policy

Allowed

Cat Policy

Allowed

Contact for more information on pet policy.

Questions about this property’s policies and fees?

Building details

Property details

Units10
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About Armory Apartments

HomeApartments in Albany Armory Apartments

Conveniently located 1 bath studio apartment in Downtown Albany, close to shopping, restaurants and city parks and more. Utility charge of $25 for water/sewer/garbage. Tenants Responsible for power. Coin op washer/dryer on site. No designated parking, street parking only. No smoking or vaping of any kind in the Building. Pets are allowed with a 2 pet max (Cats or Dogs only), Weight limit 20 pounds, Pet rent of $50/pet and additional $500 security deposit per pet required upon approval of pet screening. Animal screening or verification that no animals are being brought to the premises is required as part of the application process through Pet Screening Service. https rentfromdpm petscreening com If you wish to apply for this property there are some things you should know. Your gross income must equal 3 times the monthly rent. If you are on section 8 you must take home 3 times your portion of the monthly rent. All forms of legal verifiable income are accepted. Bank statements are not valid proof of income, we require current pay stubs, award letters, tax documents or other documents showing proof of ongoing income. You must have a positive rental history of at least one year. We will conduct a credit, criminal, eviction history, and rental reference check. The full rental criteria is attached to your application. Call during business hours to schedule a showing or visit our website for an online application. Monday - Friday 9 am to 5 pm closed for lunch 12:30-1:30 pm. *Security deposit listed is the minimum, actual security deposit based on application results and pets.*


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 out of 10 overall, Armory Apartments is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Armory Apartments has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Armory Apartments
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Armory Apartments offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
Armory Apartments goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Armory Apartments receives one of the highest amenities scores.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Armory Apartments is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Armory Apartments does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Armory Apartments is great for:

Pet owners

  • 11 pet grooming services nearby
  • 17 pet supply stores near the property
  • 5 pet hospitals in the area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Armory Apartments compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby
Elementary school nearby
There is an elementary school 0.3 mile away
Middle school nearby
There is a middle school 1 mile away
Laundry available on site
Washers and dryers are available in-building or in-unit

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Albany

studio apartments at Armory Apartments cost about 10% less than the average rent price for studio apartments in Albany.

Median rents as of Jan 17 2026.
Albany
A table of studio rental data trends in Albany
MonthMedian Rent
February 2024$1,041
March 2024$1,178
April 2024$1,387
May 2024$1,445
June 2024$1,269
July 2024$1,420
August 2024$1,386
September 2024$1,397
October 2024$1,401
November 2024$1,326
December 2024$1,145
January 2025$1,220
February 2025$1,043
March 2025$1,078
April 2025$1,041
May 2025$1,086
July 2025$897
August 2025$990
October 2025$1,045
November 2025$1,091
December 2025$927
January 2026$928

Affordability calculator

Can I afford to live at 417 Lyon St Se?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$34,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $34,000 annually to afford this studio monthly rent price of $850.
For more information on rent affordability, visit our rent calculator.

Schools near Armory Apartments

Central Elementary School

336 9th ave sw

albany, OR, 97321

3-5Public
B

Takena Elementary School

1210 12th ave sw

albany, OR, 97321

K-2Public
B
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Internet available near Armory Apartments

Getting around Albany near 417 Lyon St Se

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 417 Lyon St Se, Albany

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

6/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

5/10
At least one high school within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Armory Apartments.