
Cheap Apartments for Rent in Albany, MN from $600 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Albany.


Oak Ridge Manor Senior 62+ Apartments

Driftwood Apartments

Total Monthly Price
Bright River Estates

Total Monthly Price
Auburn Cove Apartments., LLC

Suncrest Apartments

Total Monthly Price
Westchester LLC
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.

Clover Hill Apartments

Westwood Village

Jacobs Square Apartments

Parkview Apartments

Pioneer Pointe

Cypress Court

Savanna Apartments
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.

Graceview Estates

815 5th Ave S

305 8th Ave S

512 Maple Ln

311 5th St S

1035 Division St E

Meadowlark Apartments
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.
Albany, MN Local Guide

How much does it cost to rent an apartment in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany Studio Apartments | $1,100 | $750 | $1,340 |
| Albany 1 Bedroom Apartments | $1,157 | $695 | $1,646 |
| Albany 2 Bedroom Apartments | $1,381 | $850 | $3,020 |
| Albany 3 Bedroom Apartments | $1,645 | $1,015 | $2,991 |
Browse Top Apartments in Albany
See all Apartments in AlbanyExplore Albany
Albany, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $747 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $795 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $830 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $880 |
| Driftwood Apartments | 2B/1B | 2BR,1BA | $920 |
Best Value Apartments for Rent in Albany, MN and Nearby
As of March 06, 2026 the best value apartment in the Albany area is the $1.25 price per square foot 2 Bed/2 Bath Patiohome Model at Kensington in the in the West Side neighborhood starting from $1,750. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kensington | 2 Bed/2 Bath Patiohome | 2BR,2BA | $1.25 |
| Windsong Apartments | 3 Bed/2 Bath-F | 3BR,2BA | $1.17 |
| Pheasant Crest Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.26 |
| Westchester LLC | 2B1B C | 2BR,1BA | $1.07 |
| Driftwood Apartments | 2B/1B | 2BR,1BA | $0.99 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $1.19 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $1.00 |
| Savanna Apartments | A | 1BR,1BA | $1.26 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.19 |
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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Albany, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albany, MN Rentals by Map
See the most popular apartments and homes in Albany, MN
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 $1,015.
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

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.

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.