Albany City, OR Rental Market Trends
Last updated: February 25, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Albany City is $1,569, a 0.97% increase compared to the previous year, when the average rent was $1,554.
Studio Apartments at $1,242 offer the most budget-friendly option with 434 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 682 square feet for $1,400, balancing privacy and affordability.
Two-beedroom units at $1,591 offer 950 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,152 sq ft) for $1,888, suitable for larger households.
Average rent in Albany City, OR
Last updated: February 25, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,569 | 900 sq. ft. |
| Studio | $1,242 | 434 sq. ft. |
| 1 Bed | $1,400 | 682 sq. ft. |
| 2 Beds | $1,591 | 950 sq. ft. |
| 3 Beds | $1,888 | 1,152 sq. ft. |
Albany City, OR rent trends
Rental prices in Albany City, OR have increased by 0.97% over the past year. The average rent moved from $1,554 to $1,569.
What's the typical rent budget in Albany City, OR?
The largest share of rentals in Albany City, OR (51%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Albany City, OR?
8,866 or 41% of the households in Albany City, OR are renter-occupied while 12,969 or 59% are owner-occupied.
How Albany City Compares to Other Cities
| City | Average Rent |
|---|---|
| Albany City | $1,569 |
| Portland | $1,702 |
| Beaverton | $1,737 |
| Eugene | $1,861 |
| Hillsboro | $1,823 |
| Gresham | $1,619 |
| Salem | $1,476 |
| Tigard | $1,691 |
| Bend | $1,920 |
| Happy Valley | $1,858 |
| Corvallis | $1,984 |
| Springfield, OR | $1,581 |
| Albany, OR | $1,569 |
| Keizer, OR | $1,485 |
| Junction City, OR | $1,439 |
| Woodburn, OR | $1,625 |
| Dallas, OR | $1,330 |
| Molalla, OR | $1,606 |
| Silverton, OR | $1,740 |
| Independence, OR | $1,703 |
| Monmouth, OR | $1,306 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Albany City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.