Alaybey railway station is a railway station on the İZBAN commuter rail system in İzmir. Alaybey is one of the four underground stations in the entire İZBAN line. The original station was built in 2001 and was served by the Basmane-Aliağa Regional Line and the Alsancak-Çiğli Commuter Line. The station was closed in 2006 and moved underground as part of the Karşıyaka tunnel. Alaybey was reopened on December 5, 2010.

There is a transfer from the station to the T1 Tram Line. (approx. 490m walking distance)