Last updated on October 15, 2026

Average rent in
Albany, OR

Key takeaways for renters

  • The bottom line

    Albany, OR rent slipped 11.0% year over year, with a current median of $1,600/month. Renters today are paying $94 less per month on average than last year, following a decline from the peak of $1,825/month in September 2025.

  • Albany is 15.8% more affordable than the $1,900/month national median, with 106 total rentals providing a smaller but accessible market for renters.

  • Price ranges

    Studios rent for about $1,100/month, 1-bedrooms for $1,300/month, 2-bedrooms for $1,502/month, 3-bedrooms for $2,095/month, and 4+ bedrooms for $2,895/month. The bedroom mix is weighted toward 2- and 3-bedroom units, which together make up over 70% of total rentals.

  • Neighborhood spotlight

    The 1-bedroom segment rose 6.1% year over year, diverging from the citywide decline of 11.0%. This indicates selective strength in smaller units amid broader rent cooling in Albany, OR.

Median rent

Median rent in Albany

$1,600/mo

decreased by11%

vs previous year

The average rent in Albany is $1,600 per month as of October 2026. This is 16% below the national average rent, or $300 less per month.

$1.49

average price per square foot

Total rentals

Available rentals in Albany

106

for rent on Zumper.com as of October 2026

Rent price distribution

Share of Albany rentals at each price point

40%30%20%10%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Albany, OR

Average rent prices in Albany have increased by 2% over the last month and have decreased by 11% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Albany, OR

Rent prices in Albany vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Albany is $1,425, whereas a house costs $2,147. 1-bedroom apartments in Albany run $1,275 on average, while 2-bedroom apartments are $1,500.

Listings

Studio

$1,100

13%

53%

1 bedroom

$1,300

3%

12%

2 bedroom

$1,502

6%

7%

3 bedroom

$2,095

2%

No Change

4 bedroom

$2,895

29%

63%

Studio

Average rent

$1,100

Last 30 days

13%

Last year

53%

1 bedroom

Average rent

$1,300

Last 30 days

3%

Last year

12%

2 bedroom

Average rent

$1,502

Last 30 days

6%

Last year

7%

3 bedroom

Average rent

$2,095

Last 30 days

2%

Last year

No Change

4 bedroom

Average rent

$2,895

Last 30 days

29%

Last year

63%

The table above reflects average rent prices in Albany, OR, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Albany, OR compare to other cities?

Compare median rent prices in Albany and Brownsville by all bedroom counts and property types.

Albany

Median rent price$1,600
decreased by16%

lower than the national median

Median rent price$1,850
decreased by3%

lower than the national median

Takeaway

The median rent for all rentals in Albany, OR is 14% lower than the median rent in Brownsville, OR.

Discover rentals in Albany, OR

638 32nd Ave Se #8 - Photo 1 of 1

5d+ ago

Apartment for rent in Albany

2 beds

1 bath

$1,200

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
#359 KINGS POINTE - Photo 1 of 1

5d+ ago

8.3

Very good

#359 KINGS POINTE

1820 Geary St Se, Albany, OR 97322

2 beds

1 bath

$1,285

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

2d ago

7.7

Very good

Briarwood (5th Avenue)

926 5th Ave Se, Albany, OR 97321

2 beds

1 bath

$1,295

Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
Sherman Oaks Apartments - Photo 1 of 1

5d+ ago

8.6

Very good

Sherman Oaks Apartments

2420 Oak St Se, Albany, OR 97322

2 beds

1 bath

$1,295

Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Albany, OR

Quick answers to common questions about the Albany rental market.

How much is rent in Albany?

The average rent in Albany is $1,600 per month as of October 10, 2026.

Is rent up or down in Albany?

Average rent prices in Albany have increased by 2% over the last month and have decreased by 11% since last year.

How does Albany rent compare to the national average?

Rent in Albany is 16% below the national average, which means renters are paying approximately $300 less per month.

What salary do I need to afford rent in Albany?

To comfortably afford rent in Albany, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Albany?

December offers the lowest rents in Albany, while September sees the highest prices, with about an 8% difference between peak and off-peak months. Timing your search for December could result in better rates compared to the peak rental season.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Albany