3 Hours Ago
Location
521 Madison St Se, Albany, OR 97321, USA
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Property Overview
521-563 Madison Street SE is highly rated with an overall score of 8 out of 10, highlighting its value for renters. The property excels in amenities and location, both rated at 9, providing an impressive living experience and convenient access to popular destinations. Additionally, it is pet-friendly, supported by numerous nearby pet services, reinforcing its appeal for pet owners.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- High school nearby
Great for
Pet owners
Floor plans
| 0BR/1.0BA | Studio | 1 bath | 650 sqft | $995 /mo | 1 unit available | 1 large bedroom, 1 bath Apartment for rent in Albany, shared Kitchen. Water / Sewer / Garbage included. Rent is $995.00 a month and Security Deposit starts at $1,990.00. This is a month-to-month lease. Renters Insurance is required and due at signing. Small dogs accepted on approval basis: $500 for 1st pet. $250 for each additional pet. When submitting your application, you will need to provide at least the last three months' worth of paystubs/proof of income. All applications must have income verification attached to be accepted. Monthly Income Requirement: Gross household income should be 2.5x the rent. Accepted forms of income: pay-stubs, social security benefits, VA benefits, TANF, child support, etc. A minimum of two rental references is preferred. Once approved a $40 fee is required per adult to conduct credit/criminal/eviction report. The fee is $50 for out of state reports. We DO NOT charge an application fee to turn in applications. Once your application is turned in, we will check your landlord references, review your employment, and verify that your income is roughly 2.5 times the amount of rent. Qualified applicants will be contacted when property is available to be view. A driver's license is required to check out a key at that time. Please make sure key is returned within one hour of checking it out. If you have any questions that we may not have answered here, please reach out to us anytime between 9am and 5pm. | |
| 1BR/1.0BA | 1 bed | 1 bath | $995 /mo | 1 unit available | Apply directly on our website 1 large bedroom, 1 bath Apartment for rent in Albany, shared Kitchen. Water / Sewer / Garbage included. Rent is $995.00 a month and Security Deposit starts at $1,990.00. This is a month-to-month lease. Renters Insurance is required and due at signing. Small dogs accepted on approval basis: $500 for 1st pet. $250 for each additional pet. When submitting your application, you will need to provide at least the last three months' worth of paystubs/proof of income. All applications must have income verification attached to be accepted. Monthly Income Requirement: Gross household income should be 2.5x the rent. Accepted forms of income: pay-stubs, social security benefits, VA benefits, TANF, child support, etc. A minimum of two rental references is preferred. Once approved a $40 fee is required per adult to conduct credit/criminal/eviction report. The fee is $50 for out of state reports. We DO NOT charge an application fee to turn in applications. Once your application is turned in, we will check your landlord references, review your employment, and verify that your income is roughly 2.5 times the amount of rent. Qualified applicants will be contacted when property is available to be view. A driver's license is required to check out a key at that time. Please make sure key is returned within one hour of checking it out. If you have any questions that we may not have answered here, please reach out to us anytime between 9am and 5pm. |
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Amenities for 521-563 Madison Street SE
Apartment Amenities
| Shared Kitchen |
Appliances
| Dishwasher | Microwave |
| Oven | Small Fridge |
| Stove/Oven |
Building
| Dogs OK |
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
Not allowed
Contact for more information on pet policy.
Questions about this property’s policies and fees?
Building details
Property details
| Units | 5 |
|---|
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About 521-563 Madison Street SE
Apply directly on our website 1 large bedroom, 1 bath Apartment for rent in Albany, shared Kitchen. Water / Sewer / Garbage included. Rent is $995.00 a month and Security Deposit starts at $1,990.00. This is a month-to-month lease. Renters Insurance is required and due at signing. Small dogs accepted on approval basis: $500 for 1st pet. $250 for each additional pet. When submitting your application, you will need to provide at least the last three months' worth of paystubs/proof of income. All applications must have income verification attached to be accepted. Monthly Income Requirement: Gross household income should be 2.5x the rent. Accepted forms of income: pay-stubs, social security benefits, VA benefits, TANF, child support, etc. A minimum of two rental references is preferred. Once approved a $40 fee is required per adult to conduct credit/criminal/eviction report. The fee is $50 for out of state reports. We DO NOT charge an application fee to turn in applications. Once your application is turned in, we will check your landlord references, review your employment, and verify that your income is roughly 2.5 times the amount of rent. Qualified applicants will be contacted when property is available to be view. A driver's license is required to check out a key at that time. Please make sure key is returned within one hour of checking it out. If you have any questions that we may not have answered here, please reach out to us anytime between 9am and 5pm.
521-563 Madison Street SE is great for:
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 521-563 Madison Street SE compares to other nearby properties.
Positives
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
- High school nearby
- There is a high school 1 mile away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 1 mile away
- Lacks images
- Fewer than 10 photos available for this location
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Rent trends in Albany
Studio apartments at 521-563 Madison Street SE cost about 11% more than the average rent price for studios in Albany.
1-bedroom apartments here are priced 26% lower than 1-bedrooms in Albany.
Median rents as of Dec 20 2025.
Albany
| Month | Median Rent |
|---|---|
| January 2024 | $1,095 |
| 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 | $938 |
Affordability calculator
Can I afford to live at 521 Madison St Se?
Bedrooms
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
$39,800/yr
With your selected rent-to-income ratio, you'd ideally want to make $39,800 annually to afford this studio monthly rent price of $995.
For more information on rent affordability, visit our rent calculator.
Schools near 521-563 Madison Street SE
Waverly Elementary School
425 columbus st se
albany, OR, 97321
K-5Public
C
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Internet available near 521-563 Madison Street SE
Getting around Albany near 521 Madison St Se
Walking
4/10
Some shops and stores are within a few minutes.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
Peddling isn’t a problem with cyclist-friendly streets and bikeable destinations.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 521 Madison St Se, Albany
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
5/10
At least one elementary school within a 20-minute walk
High schools
4/10
At least one high school within a 30-minute walk
Nightlife
4/10
Some bars within walking distance
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