Cheap Apartments for Rent in Albany, MN from $600 (21 Rentals)

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

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.

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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Pioneer Pointe
2 Bedroom Apartments

Pioneer Pointe

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

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.

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. Driftwood Apartments in the West Saint Cloud neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $720. 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
Driftwood ApartmentsStudioStudio,1BA$720
Bright River Estates1B1B - CONTACT FOR AVAILABILITY1BR,1BA$745
Westchester LLC1B1B - CONTACT FOR AVAILABILITY1BR,1BA$800
Auburn Cove Apartments., LLC2 bedroom small2BR,1BA$825

Best Value Apartments for Rent in Albany, MN and Nearby

As of July 11, 2025 the best value apartment in the Albany area is the $0.95 price per square foot 2 Bed/ 2 Bath Model at Windsong Apartments in the in the Pantown neighborhood starting from $1,240. The second greatest value Albany apartment is the E Model at Savanna Apartments starting at $1,150 with a $1.17 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.
Windsong Apartments2 Bed/ 2 Bath2BR,2BA$0.95
Savanna ApartmentsE2BR,2BA$1.17
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Clover Hill Apartments2B/1B2BR,1BA$1.00
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
Auburn Cove Apartments., LLC2 bedroom small2BR,1BA$1.11
Bright River Estates1B1B - A - CONTACT FOR AVAILABILITY1BR,1BA$1.27
Westchester LLC1B1B - CONTACT FOR AVAILABILITY1BR,1BA$1.28
Driftwood ApartmentsStudioStudio ,1BA$1.18

Quick Rent Budget Calculator

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Albany, MN Rentals by Map

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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

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 $825 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 $1,015.

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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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.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.