Last updated on July 16, 2026

Average rent in
Albany, OR

Key takeaways for renters

  • The bottom line

    Albany, OR rent slipped 5.3% year over year, with a current median of $1,510/month. Renters today are paying $113 less per month on average than last year, continuing a downward trend from the 2025 peak of $1,825/month.

  • Albany is 22.6% more affordable than the $1,950/month national median, with 100 total rentals offering a smaller but accessible market for renters.

  • Price ranges

    Studios rent for $1,025/month, 1-bedrooms for $1,295/month, and 2-bedrooms for $1,500/month, with 3-bed and 4+ bed units reaching $2,195 and $2,495 respectively. These figures show the range renters face by bedroom count in Albany.

  • Neighborhood spotlight

    The 1-bedroom and studio segments each rose 7.9% year over year, diverging from the citywide decline of 5.3%. This indicates that smaller units are experiencing different rent trends than the overall market in Albany, OR.

Median rent

Median rent in Albany

$1,510/mo

decreased by5%

vs previous year

The average rent in Albany is $1,510 per month as of July 2026. This is 23% below the national average rent, or $440 less per month.

$1.56

average price per square foot

Total rentals

Available rentals in Albany

100

for rent on Zumper.com as of July 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 decreased by 1% over the last month and have decreased by 5% 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 $2,295. 1-bedroom apartments in Albany run $1,295 on average, while 2-bedroom apartments are $1,495.

Listings

Studio

$1,025

8%

8%

1 bedroom

$1,295

4%

2%

2 bedroom

$1,499

No Change

1%

3 bedroom

$2,195

1%

2%

4 bedroom

$2,495

1%

10%

Studio

Average rent

$1,025

Last 30 days

8%

Last year

8%

1 bedroom

Average rent

$1,295

Last 30 days

4%

Last year

2%

2 bedroom

Average rent

$1,499

Last 30 days

No Change

Last year

1%

3 bedroom

Average rent

$2,195

Last 30 days

1%

Last year

2%

4 bedroom

Average rent

$2,495

Last 30 days

1%

Last year

10%

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$1,510
decreased by23%

lower than the national median

Median rent price$1,550
decreased by21%

lower than the national median

Takeaway

The median rent for all rentals in Albany, OR is 3% lower than the median rent in Brownsville, OR.

Discover rentals in Albany, OR

ccsw - Photo 1 of 1

5d+ ago

8.8

Very good

ccsw

Ne Springwood Dr, Albany, OR 97321

2 beds

1 bath

$1,225

Apartment for rent

810 18th Ave Sw #05 - Photo 1 of 1

5d+ ago

Apartment for rent in Albany

2 beds

1 bath

$1,275

Apartment for rent

742 32nd Ave Se #7 - Photo 1 of 1

9h ago

Apartment for rent in Albany

Apartment for rent

208 5th Ave SE - Photo 1 of 1

2d ago

8.8

Very good

208 5th Ave SE

208 5th Ave Se, Albany, OR 97321

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 $1,510 per month as of July 11, 2026.

Is rent up or down in Albany?

Average rent prices in Albany have decreased by 1% over the last month and have decreased by 5% since last year.

How does Albany rent compare to the national average?

Rent in Albany is 23% below the national average, which means renters are paying approximately $440 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?

Albany's 2025 rental market shows one-bedroom apartments averaging around $1,300 per month, while two-bedroom units rent for around $1,500 monthly. Two-bedroom apartments make up the largest share of available rentals at 45% of the market, giving renters plenty of options in this category.

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