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Updated 2 hours ago

Newly Built (2019) Single-family


542 Derby St SE Albany, OR

3 Bed
2 Bath

1,408 Sq. Ft.

Available starting Aug. 4th
3 Beds • 2 Bath
$2,400
1408 ft2
1 Available
Managed By: Homeowner Property Management Group
-
$2,400
Available Aug 4th, 2025
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Property details
Description

Newly built (2019) single-family home in a peaceful SE Albany neighborhood, just steps from Timber Ridge School. Features include a modern kitchen with stainless steel appliances, in-unit laundry hookups, attached garage, and large fenced yard. Central heating and AC
Rent: $2400
* One-year lease. Equal Housing Opportunity.
* Security Deposit: $ 3100, Carpet deposit $500
* All rentals are NON-SMOKING, NO VAPING OR MARIJUANA
* Tenants are responsible for all utilities.
* Pet Policy: No Pet

Additional Details
Total Unit Count: 1
Last Updated: Updated 2 hours ago
Contact Number: (541) 368-2998
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Newly Built (2019) Single-family by bedroom type below.
3 Bedroom
Suggested income:
$86,400
per year
Rent report

Newly Built (2019) Single-family Rent vs. Albany Average

 Newly Built (2019) Single-family      Albany Average
3BR
$2,400
$2,354
$0
$800
$1,600
$2,400
$3,200

Newly Built (2019) Single-family is asking 2% more than the average 3 bedroom apartment in Albany.

If you upsized to an average priced Albany 4 bedroom apartment, you would pay 35% more per month.

If you downsized to an average priced Albany 2 bedroom apartment, you would pay 57% less per month.

Newly Built (2019) Single-family provides 3% more square footage than the average Albany 3 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Newly Built (2019) Single-family
3BR $2,400 $1.70 $7,200
Albany Average
Studio $2,138 $5.00 $6,415
1BR $1,354 $2.30 $4,063
2BR $1,503 $1.70 $4,510
3BR $2,354 $1.70 $7,063
4BR $3,600 $1.50 $10,800

Availability in Albany

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 76 2BR units on the market in Albany. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
4BR
7% 22% 47% 20% 3%
Available Units in Albany
Studio 11
1BR 36
2BR 76
3BR 33
4BR 5
Location
Nearby College
Nearby Hospitals
Name Distance
Samaritan Albany Ge NER Al Hospital 3.43 mi.
Samaritan Lebanon Community Hospital 9.16 mi.
Good Samaritan Regional Medical Center 10.43 mi.
Nearby Fire Stations
Name Distance
Albany Fire Department Station 2.96 mi.
Clinton Township Fire Department 3.0 mi.
Tangent Rural Fire Protection District 6.2 mi.
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on August 04, 2025.
What's the square footage of the available units?
It's 1,408 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 3 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
Newly Built (2019) Single-family has a 3 bedroom unit starting at $2,400.
Where is this property located?
This property is at 542 Derby St SE in Albany, OR. It's 2.7 miles east from the center of Albany.
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