The White House said the pair would discuss strengthening collaboration on critical issues "to ensure the alliance is well equipped to respond to ever-evolving regional and global challenges" during the official visit on October 25.
Mr Albanese will be in the US between October 23 and 26 for his first official trip to Washington since taking office.
"Australia and the United States have a longstanding relationship, based on deep friendship and trust and a shared commitment to peace, the rule of law and the values of democracy," he said.
"My visit is an important opportunity to discuss our ambitious climate and clean energy transition, and shared goal of a strong, secure and prosperous Indo-Pacific."
The White House said the visit would "underscore the deep and enduring alliance between the United States and Australia and the two nations' shared commitment to supporting an open, stable and prosperous Indo-Pacific".
The president was set to visit Australia for the Quad leaders' summit earlier this year before domestic debt ceiling negotiations with Congress forced him to cancel his trip.
Mr Albanese travelled to the US to announce how Australia would acquire nuclear-propelled submarines under the trilateral AUKUS agreement alongside Mr Biden and UK prime minister Rishi Sunak in March.
The White House is also set to host Pacific island leaders towards the end of the year as Washington moves to strengthen its standing in the region.
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