Cheap Apartments for Rent in Albany, MN

2 rentals

Apartments For Rent Near Albany, MN

We found 30 more apartments matching your filters just outside Albany

Average Rent Trends in Albany, MN

Rent in Albany, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Nov 2026 compared to the previous month. Rent previously peaked in May 2026.
MonthAverage rent
May 2025$910
Jun 2025$1,000
Jul 2025$910
Aug 2025$1,000
Sep 2025$1,000
Nov 2025$1,475
May 2026$1,500
Jun 2026$1,500
Jul 2026$1,300
Sep 2026$1,300
Oct 2026$1,400
Nov 2026$1,600
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types——$1,600—$1,600
See more information about local market trends in Albany, MN

Frequently Asked Questions about Rentals in Albany, MN

  • What is the average rent of an apartment in Albany, MN?
    The average rent of an apartment in Albany, MN is $1,600 per month. This is about 17% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Albany, MN?
    Last year, the cheapest month to find an apartment to rent was May 2025 when it was $910 per month.
  • How many cheap apartments are available in Albany, MN?
    There are 1 apartments to rent that are cheaper than the city’s average rent of $1,600.
  • When is the average rent most expensive in Albany, MN?
    In the last year, the average rent in Albany, MN was highest in Nov 2025 when it was $1,475 per month.
  • What are some zip codes in Albany, MN?
    Albany, MN includes zip codes such as: 56307.
  • What are some cities near Albany, MN?
    Some nearby cities include: Saint Anthony, Freeport, Avon, New Munich, Saint Rosa. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Albany, MN - 239 Rentas | Trulia