Last updated on August 31, 2026

Average rent in
Albany, OR

Key takeaways for renters

  • The bottom line

    Albany, OR rent slipped 10.6% year over year, with a current median of $1,500/month. Renters today are paying $163 less per month on average than last year, while month-to-month rent is essentially flat.

  • Albany is 21.5% more affordable than the $1,910/month national median. The city offers 91 total rentals, providing a smaller but accessible market for renters seeking value in Oregon.

  • Price ranges

    Studios rent for $1,328/month, 1-bedrooms for $1,262/month, and 2-bedrooms for $1,499/month. Larger units include 3-bedrooms at $2,272/month and 4+ bedrooms at $3,250/month, spanning a wide range of rents.

  • Neighborhood spotlight

    Studio rents in Albany rose 21.0% year over year, contrasting with the citywide decline. This divergence shows unique demand dynamics for smaller units in Albany, OR.

Median rent

Median rent in Albany

$1,500/mo

decreased by11%

vs previous year

The average rent in Albany is $1,500 per month as of August 2026. This is 21% below the national average rent, or $410 less per month.

$1.57

average price per square foot

Total rentals

Available rentals in Albany

91

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Albany rentals at each price point

50%38%25%13%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 remained the same 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 $1,395, whereas a house costs $2,272. 1-bedroom apartments in Albany run $1,250 on average, while 2-bedroom apartments are $1,475.

Listings

Studio

$1,327

8%

97%

1 bedroom

$1,262

1%

14%

2 bedroom

$1,499

No Change

3%

3 bedroom

$2,272

1%

9%

4 bedroom

$3,250

No Change

19%

Studio

Average rent

$1,327

Last 30 days

8%

Last year

97%

1 bedroom

Average rent

$1,262

Last 30 days

1%

Last year

14%

2 bedroom

Average rent

$1,499

Last 30 days

No Change

Last year

3%

3 bedroom

Average rent

$2,272

Last 30 days

1%

Last year

9%

4 bedroom

Average rent

$3,250

Last 30 days

No Change

Last year

19%

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$1,500
decreased by21%

lower than the national median

Median rent price$1,795
decreased by6%

lower than the national median

Takeaway

The median rent for all rentals in Albany, OR is 16% lower than the median rent in Brownsville, OR.

Discover rentals in Albany, OR

133-Jefferson Street 4-Plex - Photo 1 of 1

5d+ ago

8.6

Very good

133-Jefferson Street 4-Plex

2000 Jefferson St Se, Albany, OR 97322

2 beds

1 bath

$1,275

Apartment for rent

928 21st Ave Sw - Photo 1 of 1

2d ago

Apartment for rent in Albany

2 beds

1.5 baths

$1,295

Apartment for rent

Available Nov 28

205 6th Ave Se #5 - Photo 1 of 1

4d ago

Apartment for rent in Albany

2 beds

1 bath

$1,295

Apartment for rent

Available Sep 28

Marion St SE Units1-8 - Photo 1 of 1

5d+ ago

8.6

Very good

Marion St SE Units1-8

2007 Marion St Se, Albany, OR 97322

2 beds

1 bath

$1,295

Apartment for rent

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 $1,500 per month as of August 29, 2026.

Is rent up or down in Albany?

Average rent prices in Albany have remained the same 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 21% below the national average, which means renters are paying approximately $410 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 $60,000/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