What's the average rent in Albert Lea, MN?

Rental Market Trends in Albert Lea, MN

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Albert Lea, MN is $900 per month, which is 53% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$900

-5.3%-$50 decrease month-over-month

-5.3%-$50 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$825

HOUSES

$1,195

TOWNHOUSES

$1,900

As of May 2026, apartments are the most affordable rental option in Albert Lea, MN at $825 per month, while townhomes are the most expensive at $1,900 per month. Houses average $1,195 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$825
2 Bedrooms	$1,250
3 Bedrooms	$1,195
4 Bedrooms	$1,900
All	$950

As of May 2026, the average rent for a 1 bedroom rental in Albert Lea, MN is $825 per month, followed by $1,250 for a 2 bedroom rental, $1,195 for a 3 bedroom rental, and $1,900 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$825
2 Bedrooms	$1,250
3 Bedrooms	$1,125
4 Bedrooms	—
All	$895

As of May 2026, the average rent for a 1 bedroom apartment in Albert Lea, MN is $825 per month, followed by $1,250 for a 2 bedroom apartment, and $1,125 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,400
3 Bedrooms	$1,195
4 Bedrooms	$1,500
All	$1,195

As of May 2026, the average rent for a 2 bedroom house in Albert Lea, MN is $1,400 per month, followed by $1,195 for a 3 bedroom house, and $1,500 for a 4 bedroom house.