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

Rental Market Trends in Albert Lea, MN

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Albert Lea, MN is $880 per month, which is 55% lower than the national average rent of $1,951 per month.

AVERAGE RENT

$880

-4.9%-$45 decrease month-over-month

-2.2%-$20 decrease year-over-year

AVAILABLE RENTALS

APARTMENTS

$801

HOUSES

$1,195

TOWNHOUSES

$1,000

As of June 2026, apartments are the most affordable rental option in Albert Lea, MN at $801 per month, while houses are the most expensive at $1,195 per month. Townhomes average $1,000 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	$925
3 Bedrooms	$1,285
4 Bedrooms	$1,500
All	$880

As of June 2026, the average rent for a 1 bedroom rental in Albert Lea, MN is $825 per month, followed by $925 for a 2 bedroom rental, $1,285 for a 3 bedroom rental, and $1,500 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$800
2 Bedrooms	$995
3 Bedrooms	$989
4 Bedrooms	—
All	$850

As of June 2026, the average rent for a 1 bedroom apartment in Albert Lea, MN is $800 per month, followed by $995 for a 2 bedroom apartment, and $989 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,200
3 Bedrooms	$1,195
4 Bedrooms	$1,500
All	$1,195

As of June 2026, the average rent for a 2 bedroom house in Albert Lea, MN is $1,200 per month, followed by $1,195 for a 3 bedroom house, and $1,500 for a 4 bedroom house.