703 W Main St
PaynesvilleMN56362
Cheap Homes for Rent in Albany, MN from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.
1220 10th Ave N
St. CloudMN56303
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.
311 5th St S
Grove CityMN56243
1035 Division St E
St. CloudMN56304
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.
114 Lake Ave S
SpicerMN56288
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Albany, MN Local Guide
Wintry Picnic area by Nic McPhee is licensed under CC BY 2.0
How much does it cost to rent a home in Albany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albany 2 Bedroom Homes for Rent | $1,234 | $925 | $1,495 |
| Albany 3 Bedroom Homes for Rent | $1,752 | $1,150 | $2,400 |
| Albany 4 Bedroom Homes for Rent | $1,803 | $1,275 | $2,450 |
| Albany 5 Bedroom Homes for Rent | $1,700 | $1,600 | $1,800 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Albany
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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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $718 |
| Driftwood Apartments | Studio | Studio,1BA | $720 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Albany, MN and Nearby
As of December 14, 2025 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 B8 Model at Cypress Court starting at $1,586 with a $1.30 price per square foot in the West Side 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 |
| Cypress Court | B8 | 2BR,2BA | $1.30 |
| School Square Apartments and Townhomes | 3 Bedroom | 3BR,2BA | $1.23 |
| Savanna Apartments | C | 2BR,1BA | $1.17 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $0.98 |
| Suncrest Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
| Jacobs Square Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.26 |
| Pioneer Pointe | 2 Bed-1 | 2BR,1BA | $1.19 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $0.96 |
| Driftwood Apartments | Studio | Studio ,1BA | $1.18 |
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 Article
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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Best Local Schools in Albany, MN
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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 Albany
What type of rentals are currently available in Albany?
There are currently 45 Apartments for Rent in Albany, MN with pricing that ranges from $690 to $2,700. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $650 to $2,450.
What is the current price range for Rental Homes in Albany?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albany ranges from $650 to $2,450 with an average monthly rent of $1,441.
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
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.