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Rental market trends in Albany, OR

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Average Rent in Albany, OR

Average Rent in Albany, OR

Avg. RentAnnual Change
Studio - $1,4670%
1 Bed - $1,5370%
2 Beds - $1,785+3%
Last updated 11/2/2024

Average Apartment Cost in Albany, OR

The average rent for apartments in Albany, OR, is between $1,467 and $1,785 in 2024. For a studio apartment in Albany, OR, the average rent is $1,467. When it comes to 1-bedroom apartments, the average rent in Albany, OR, is $1,537. For a 2-bedroom apartment, the average rent is $1,785.

Apartment Rent Ranges in Albany, OR

Apartment PricesProportion
3%
5%
44%
19%
29%

How Other Cities Compare to Albany, OR

CityStudio Avg RentAnnual Change
Independence$1,5000%
Canby$1,4750%
Springfield$1,460+3%
Molalla$1,442-3%
Salem$1,4370%
Woodburn$1,437-2%
Corvallis$1,425--
Wilsonville$1,3950%
City1 Bed Avg RentAnnual Change
Independence$1,692+1%
Philomath$1,595--
Eugene$1,590+2%
Canby$1,5600%
Woodburn$1,547+1%
Corvallis$1,5270%
Newport$1,502+18%
Wilsonville$1,495-8%
Molalla$1,4820%
Monmouth$1,450--
Salem$1,362+1%
Springfield$1,335-16%
Lebanon$1,325-2%
Keizer$1,295--
Mcminnville$1,280--
Silverton$1,175--
Dallas$1,1350%
City2 Beds Avg RentAnnual Change
Wilsonville$1,989+2%
Independence$1,9170%
Newberg$1,872+7%
Eugene$1,850-7%
Molalla$1,7770%
Corvallis$1,750+6%
Woodburn$1,732+2%
Mcminnville$1,6950%
Philomath$1,695-6%
Springfield$1,650-11%
Lincoln City$1,645-3%
Newport$1,615--
Keizer$1,550+10%
Canby$1,550-6%
Salem$1,522-2%
Jefferson$1,485-7%
Lebanon$1,395-7%
Monmouth$1,395--
Dallas$1,3600%
Stayton$1,350--
Silverton$1,3500%

Albany, OR Rent Trends

Studio1 Bed2 Beds
Oct 2023Nov 2023Dec 2023Jan 2024Feb 2024Mar 2024Apr 2024May 2024Jun 2024Jul 2024Aug 2024Sep 2024Oct 2024
$1467$1467$1467$1467$1467$1467$1467$1467$1467$1467$1467$1467$1467
$1537$1537$1537$1675$1595$1595$1400$1420$1420$1532$1400$1537$1537
$1732$1732$1805$1780$1780$1780$1780$1780$1722$1757$1777$1777$1785
$2135$2232$2190$2135$2135$2135$2237$2237$2237$2237$2237$2237$2237

Nearby Listings

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    Timberridge Place Apartment Homes

    Studio–4 Beds • 1–2.5 Baths

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  • Eagle Pointe Apartments property

    $1,550+

    Eagle Pointe Apartments

    1–2 Beds • 1–2 Baths

    728–1162 Sqft

    5 Units Available

  • 230 SE Lyon St property

    $1,195

    230 SE Lyon St

    Studio • 1 Bath

    690 Sqft

    1 Unit Available