Cheap Apartments for Rent in Albany, MN from $700 (33 Rentals)

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

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Pioneer Pointe
2 Bedroom Apartments

Pioneer Pointe

319 11th Ave SCold Spring, MN 56320
  • Utilities Included

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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 Oak Ridge Manor Senior 62+ Apartments priced from $718. Bright River Estates in the Pantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
Bright River Estates1B1B - CONTACT FOR AVAILABILITY1BR,1BA$745
Boulder Ridge Apartment HomesElm2BR,1BA$750
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$795
Westchester LLC1B1B - CONTACT FOR AVAILABILITY1BR,1BA$800
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$880
Suncrest Apartments2 Bedroom2BR,1BA$1,000
Jacobs Square Apartments2 Bedroom, 1 Bath2BR,1BA$1,005
Birch Spring Apartment Homes1 Bedroom 1 Bath1BR,1BA$1,040
The Oaks on 20th2 Bedroom/1 Bath Apartment2BR,1BA$1,165

Best Value Apartments for Rent in Albany, MN and Nearby

As of August 30, 2025 the best value apartment in the Albany area is the $1.43 price per square foot 2 BR / 2 BA C2 Model at 1130 West Apartments in the in the West Side neighborhood starting from $1,455. The second greatest value Albany apartment is the 2 Bedroom/1 Bath Apartment Model at The Oaks on 20th starting at $1,165 with a $1.21 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.
1130 West Apartments2 BR / 2 BA C22BR,2BA$1.43
The Oaks on 20th2 Bedroom/1 Bath Apartment2BR,1BA$1.21
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Boulder Ridge Apartment HomesSpruce2BR,2BA$0.93
Jacobs Square Apartments2 Bedroom, 1 Bath2BR,1BA$1.26
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
Bright River Estates1B1B - A - CONTACT FOR AVAILABILITY1BR,1BA$1.27
Westchester LLC1B1B - CONTACT FOR AVAILABILITY1BR,1BA$1.28
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$1.30

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Albany, MN

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Getting Around Albany, MN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Albany Apartments

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

The lowest price for a Cheap One Bedroom Albany Apartment is $718 at Oak Ridge Manor Senior 62+ Apartments.

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 $750 at Boulder Ridge Apartment Homes.

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 $1,015.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.