Cheap Apartments for Rent in Albert Lea, MN
25 rentals
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Use arrow keys to navigate$800 - $950/mo
Studio-1 Bed
1 BathAlbert Lea Extended Stay (2022) | 700 US Highway 69 #11107665,
Albert Lea, MN 56007
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PET FRIENDLY$875 - $1,000/moStudio-1 Bed1 BathRamsey School (207 4th St. E.) | 207 4th St E #11335901,
Albert Lea, MN 56007
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SPECIAL OFFER$1,249 - $1,299/mo3 Beds2 BathsStoney Creek Manufactured Home Community | 705 18th St SW #dd4aecbb4,
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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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 Jul 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $895 |
| Sep 2025 | $860 |
| Oct 2025 | $875 |
| Nov 2025 | $900 |
| Dec 2025 | $895 |
| Jan 2026 | $900 |
| Feb 2026 | $895 |
| Mar 2026 | $900 |
| Apr 2026 | $950 |
| May 2026 | $900 |
| Jun 2026 | $900 |
| Jul 2026 | $900 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $800 | $925 | $1,291 | — | $900 |
| Townhomes | — | $1,000 | — | — | $1,000 |
| Apartments and Condos | $800 | $925 | — | — | $875 |
| Houses | $765 | $1,175 | $1,250 | — | $1,175 |
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 $809 per month. This is about 59% lower than the national average.
- When is the average rent cheapest in Albert Lea, MN?In the last year, the average rent in Albert Lea, MN was lowest in Sep 2025 when it was $860 per month.
- 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 $800 per month. That is about $100 less than the cost of a studio apartment.
- How many available rental listings are in Albert Lea, MN?There are 25 available rental listings in Albert Lea, MN.
- 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 - 90 Rentas | Trulia