Housing is affordable in Albion, with the median house value of $60,300 (year 2000). One can purchase an attractive house in a good location for between $75,000 and $125,000 within a five- to 10- minute walk from campus.
Albion has many older homes with classical charm, modern homes, old farms, and vacant land for new development.
Dozens of apartments in well-tended houses and buildings are available for rent in Albion. One can rent a nice apartment within a five- to 10-minute walk to campus for between $350 and $600 per month.