Cheap Apartments for Rent in Albert Lea, MN
30 rentals
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PET FRIENDLY$1,269 - $1,319/mo
3 Beds
2 BathsStoney Creek Manufactured Home Community | 705 18th St SW,
Albert Lea, MN 56007
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Apartments For Rent Near Albert Lea, MN
We found 30 more apartments matching your filters just outside Albert Lea
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$750 - $1,850/moStudio-4 Beds1-2 Baths376-378 Central Avenue | 376-378 Central Ave,
Glenville, MN 56036
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Average Rent Trends in Albert Lea, MN
Rent in Albert Lea, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in Nov 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $895 |
| Jan 2026 | $900 |
| Feb 2026 | $895 |
| Mar 2026 | $900 |
| Apr 2026 | $950 |
| May 2026 | $900 |
| Jun 2026 | $900 |
| Jul 2026 | $900 |
| Aug 2026 | $900 |
| Sep 2026 | $925 |
| Oct 2026 | $950 |
| Nov 2026 | $950 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $850 | $925 | $1,425 | $1,879 | $950 |
| Apartments and Condos | $850 | $950 | $1,600 | — | $950 |
| Houses | — | $895 | $1,425 | $1,879 | $1,425 |
Frequently Asked Questions about Rentals in Albert Lea, MN
- What is the average rent of an apartment in Albert Lea, MN?The average rent of an apartment in Albert Lea, MN is $852 per month. This is about 56% lower than the national average.
- What are the cheapest months to find an apartment to rent in Albert Lea, MN?Last year, the cheapest month to find an apartment to rent was Sep 2025 when it was $860 per month.
- How many cheap apartments are available in Albert Lea, MN?There are 17 apartments to rent that are cheaper than the city’s average rent of $950.
- When is the average rent most expensive in Albert Lea, MN?In the last year, the average rent in Albert Lea, MN was highest in Jun 2025 when it was $975 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Albert Lea, MN?The average rent of a 1 bedroom apartment in Albert Lea, MN is $850 per month. That is about $165 more than the cost of a studio apartment.
- What are some cities near Albert Lea, MN?Some nearby cities include: Manchester, Twin Lakes, Hayward, Clarks Grove, Conger. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Albert Lea, MN - 96 Rentas | Trulia