Cheap Apartments for Rent in Albany, MN from $700 (49 Rentals)

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Search the lowest-cost Apartments available for rent right now in Albany.

property at 34890 238th Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

34890 238th Ave

AlbanyMN56307
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Bright River Estates
$779 - $1,079
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$760 - $1,060
Required Monthly Fees
$19
Total Monthly Price
$779 - $1,079
1 to 3 Bedroom Apartments Available Now

Bright River Estates

1 Rivercrest DrSt. Cloud, MN 56303
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Westchester Apartments
$844 - $1,019
Total Monthly Price

Total Monthly Price

Base Rent
$825 - $1,000
Required Monthly Fees
$19
Total Monthly Price
$844 - $1,019
1 to 2 Bedroom Apartments Available Now

Westchester Apartments

40 15th Ave NWaite Park, MN 56387
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  • Utilities Included

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Parkview Apartments
$940 - $1,090
Total Monthly Price

Total Monthly Price

Base Rent
$940 - $1,090
Total Monthly Price
$940 - $1,090
2 to 3 Bedroom Apartments Contact Us For Availability

Parkview Apartments

535 6th StAvon, MN 56310
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  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Wobegon Crossings
$1,139 - $1,749
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120 - $1,730
Required Monthly Fees
$19
Total Monthly Price
$1,139 - $1,749
1 to 3 Bedroom Apartments Available Now

Wobegon Crossings

1250 W Railroad AveMelrose, MN 56352
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Wedgewood
$1,139 - $1,374
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120 - $1,355
Required Monthly Fees
$19
Total Monthly Price
$1,139 - $1,374
1 to 2 Bedroom Apartments Available Jul 14

Wedgewood

701 9th Ave NSartell, MN 56377
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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property at 313 5th St S

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848
Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

313 5th St S

Grove CityMN56243
property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848
Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

512 Maple Ln

Grove CityMN56243
property at 519 14th St S

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1 Bath Townhome for Rent

Available Now

519 14th St S

St. CloudMN56301
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Pioneer Pointe
1 to 2 Bedroom Apartments

Pioneer Pointe

319 11th Ave SCold Spring, MN 56320
  • Utilities Included
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Meadowlark Apartments
1 to 3 Bedroom Apartments

Meadowlark Apartments

200 Country Club RdMelrose, MN 56352
  • Utilities Included
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Bel Clare Estates
Studio to 4 Bedroom Apartments

Bel Clare Estates

3210 Bel Clare DrSt. Cloud, MN 56301
property at 490 3rd St S

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 2 Bath Townhome for Rent

Available Now

490 3rd St S

Waite ParkMN56387
property at 1114 Hawthorne St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

1114 Hawthorne St

AlexandriaMN56308

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 723 5th Ave S

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

4 Bedroom, 2.5 Bath Home for Rent

Available Now

723 5th Ave S

St. CloudMN56301
property at 120 City Park Rd

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

120 City Park Rd

AlexandriaMN56308
property at 913 Richland Ave SW

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525
Total Monthly Price
$1,525

2 Bedroom Rentals

Available Now

913 Richland Ave SW

WillmarMN56201
property at 240 2nd Ave

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550
Total Monthly Price
$1,550

3 Bedroom, 2 Bath Home for Rent

Available Jul 10

240 2nd Ave

FoleyMN56329
Showing Results 1-49, Page 1 of 1

Albany, MN Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, MN is a 1 Bed unit found at Auburn Cove Apartments., LLC in the West Saint Cloud neighborhood priced from $795. Westchester Apartments in the West Saint Cloud neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $844. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$795
Westchester Apartments1B1B1BR,1BA$844
Suncrest Apartments1 bedroom1BR,1BA$900
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$920
Bright River Estates2B1B A2BR,1BA$984
Riverview Lofts1 Bedroom and 1 Bath1BR,1BA$1,050
Meadowlawn Village2 Bed/1 Bath Middle2BR,1BA$1,055
Cypress CourtS5Studio,1BA$1,130
Wobegon CrossingsCedar1BR,1BA$1,139
Savanna ApartmentsD2BR,1BA$1,170

Best Value Apartments for Rent in Albany, MN and Nearby

As of June 08, 2026 the best value apartment in the Albany area is the $1.04 price per square foot 2 Bed/ 2 Bath Model at Parkbury Villa in the in the West Saint Cloud neighborhood starting from $1,295. The second greatest value Albany apartment is the 2 Bed 2 Bath Single Section Model at Bel Clare Estates starting at $1,349 with a $1.28 price per square foot . Here is today’s list of the best values for Albany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parkbury Villa2 Bed/ 2 Bath2BR,2BA$1.04
Bel Clare Estates2 Bed 2 Bath Single Section2BR,2BA$1.28
Pheasant Crest Townhomes2 Bedroom Townhome2BR,2BA$1.26
Savanna ApartmentsD2BR,1BA$1.19
Meadowlawn Village2 Bed/1 Bath Middle2BR,1BA$1.10
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$1.02
Bright River Estates2B1B A2BR,1BA$1.22
Suncrest Apartments1 bedroom1BR,1BA$1.29
Westchester Apartments1B1B1BR,1BA$1.35
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$1.30

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Frequently Asked Questions about Cheap Albany Apartments

What is the Cheapest Studio apartment in Albany?

Currently the most affordable Cheap Studio Apartment in Albany is at Cypress Court listed at $1,130.

How much is rent for a Cheap One Bedroom Albany Apartment?

The lowest price for a Cheap One Bedroom Albany Apartment is $795 at Auburn Cove Apartments., LLC.

What is the lowest price for a Cheap Two Bedroom Albany Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Albany is starting from $880 at Auburn Cove Apartments., LLC.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Westwood Village and starts from $1,060.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.