Cheap Apartments for Rent in Albany, MN from $700 (42 Rentals)

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

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Driftwood Apartments
$750 - $920
Total Monthly Price

Total Monthly Price

Base Rent
$750 - $920
Total Monthly Price
$750 - $920
Studio to 2 Bedroom Apartments Contact Us For Availability

Driftwood Apartments

820-850 Driftwood DrSt. Cloud, MN 56303
Cost Per Sq.Ft.
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  • Utilities Included
  • 3D Tour
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Bright River Estates
$764 - $1,059
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,040
Required Monthly Fees
$19
Total Monthly Price
$764 - $1,059
1 to 3 Bedroom Apartments Available May 1

Bright River Estates

1 Rivercrest DrSt. Cloud, MN 56303
Cost Per Sq.Ft.
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  • Customer Reviewed
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property at 134 21st Ave N

$795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795
Total Monthly Price
$795

1 Bedroom, 1 Bath Home for Rent

Available Now

134 21st Ave N

St. CloudMN56303
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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 May 15

Westchester Apartments

40 15th Ave NWaite Park, MN 56387
Cost Per Sq.Ft.
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  • Customer Reviewed
  • 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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Avon Estates
$1,034
Total Monthly Price

Total Monthly Price

Base Rent
$1,030
Required Monthly Fees
$4
Total Monthly Price
$1,034
1 Bedroom Apartments Contact Us For Availability

Avon Estates

451 Winden WayAvon, MN 56310
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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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Wobegon Crossings
$1,218 - $1,749
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,730
Required Monthly Fees
$19
Total Monthly Price
$1,218 - $1,749
1 to 3 Bedroom Apartments Available Now

Wobegon Crossings

1250 W Railroad AveMelrose, MN 56352
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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 539 Pacific Ave SW

$648 - $4,200

Total Monthly Price

Total Monthly Price

Base Rent
$648
Total Monthly Price
$648

1 To 6 Bedroom Rentals

Available Now

539 Pacific Ave SW

WillmarMN56201
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 311 5th St S

$848

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$848
Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

311 5th St S

Grove CityMN56243
property at 6445 132nd Ave NE

$988

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$988
Total Monthly Price
$988

1 Bedroom, 1 Bath Townhome for Rent

Available Now

6445 132nd Ave NE

SpicerMN56288
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Meadowlark Apartments
1 to 3 Bedroom Apartments

Meadowlark Apartments

200 Country Club RdMelrose, MN 56352
  • Utilities Included
property at 812 6th St SE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

812 6th St SE

WillmarMN56201

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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
Showing Results 1-42, 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 Oak Ridge Manor Senior 62+ Apartments priced from $747. Auburn Cove Apartments., LLC in the West Saint Cloud neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. 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$747
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$795
Suncrest Apartments1 bedroom1BR,1BA$830
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$920
Pioneer Pointe2 Bed-12BR,1BA$925
Savanna ApartmentsA1BR,1BA$940
Cypress CourtS4Studio,1BA$1,155
Wobegon CrossingsCedar1BR,1BA$1,218
Pheasant Crest Townhomes2 Bedroom Townhome2BR,2BA$1,255
Windsong Apartments3 Bed/2 Bath-F3BR,2BA$1,550

Best Value Apartments for Rent in Albany, MN and Nearby

As of April 23, 2026 the best value apartment in the Albany area is the $0.86 price per square foot 3 Bed 2 Bath Single Section Model at Bel Clare Estates in the starting from $1,259. The second greatest value Albany apartment is the 3 Bed/2 Bath-F Model at Windsong Apartments starting at $1,550 with a $1.17 price per square foot in the Pantown neighborhood. 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.
Bel Clare Estates3 Bed 2 Bath Single Section3BR,2BA$0.86
Windsong Apartments3 Bed/2 Bath-F3BR,2BA$1.17
Pheasant Crest Townhomes2 Bedroom Townhome2BR,2BA$1.26
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$1.02
Pioneer Pointe2 Bed-12BR,1BA$1.19
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$1.00
Savanna ApartmentsA1BR,1BA$1.26
Suncrest Apartments1 bedroom1BR,1BA$1.19
Wobegon CrossingsCedar1BR,1BA$1.82
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$1.30

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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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 $1,155.

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

The lowest price for a Cheap One Bedroom Albany Apartment is $747 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 $872 at Oak Ridge Manor Senior 62+ Apartments.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.