512 Maple Ln
Grove CityMN56243
Cheap Homes for Rent in Albany, MN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Albany.
311 5th St S
Grove CityMN56243
54 Birch Ave S
Maple LakeMN55358
910 E 2nd St
LitchfieldMN55355
60 Birch Ave S
Maple LakeMN55358
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.
490 3rd St S
Waite ParkMN56387
545 Pacific Ave SW
WillmarMN56201
120 City Park Rd
AlexandriaMN56308
34890 238th Ave
AlbanyMN56307
723 5th Ave S
St. CloudMN56301
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.
Showing Results 1-10, Page 1 of 1
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 | $1,531 | $1,240 | $1,900 |
| Albany 3 Bedroom Homes for Rent | $2,490 | $1,500 | $10,000+ |
| Albany 4 Bedroom Homes for Rent | $2,585 | $1,500 | $4,000 |
| Albany 5 Bedroom Homes for Rent | $2,900 | $2,900 | $2,900 |
| Albany 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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 $747. Bright River Estates in the Pantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $764. 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 |
| Bright River Estates | 1B1B | 1BR,1BA | $764 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $795 |
Best Value Apartments for Rent in Albany, MN and Nearby
As of May 21, 2026 the best value apartment in the Albany area is the $1.17 price per square foot 3 Bed/2 Bath-F Model at Windsong Apartments in the in the Pantown neighborhood starting from $1,550. The second greatest value Albany apartment is the 2 Bedroom Townhome Model at Pheasant Crest Townhomes starting at $1,255 with a $1.26 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. |
|---|---|---|---|
| Windsong Apartments | 3 Bed/2 Bath-F | 3BR,2BA | $1.17 |
| Pheasant Crest Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.26 |
| Savanna Apartments | D | 2BR,1BA | $1.12 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1.42 |
| Westwood Village | Two bedroom/ One bathroom | 2BR,1BA | $1.02 |
| Oak Ridge Manor Senior 62+ Apartments | One Bedroom | 1BR,1BA | $1.00 |
| Suncrest Apartments | 1 bedroom | 1BR,1BA | $1.29 |
| Kensington | 1 Bed/ 1 Bath Apt | 1BR,1BA | $1.46 |
| Bright River Estates | 1B1B | 1BR,1BA | $1.16 |
| Auburn Cove Apartments., LLC | 1 bedroom | 1BR,1BA | $1.30 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Best Local Schools in Albany, MN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 46 Apartments for Rent in Albany, MN with pricing that ranges from $747 to $2,991. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albany ranging from $848 to $10,500.
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 $848 to $10,500 with an average monthly rent of $2,082.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.