Cheap Homes for Rent in Albany, MN from $800 (10 Rentals)

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

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 313 5th St S

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

313 5th St S

Grove CityMN56243
property at 619 S Armstrong Ave

$850 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 To 2 Bedroom Rentals

Available Aug 1

619 S Armstrong Ave

LitchfieldMN55355
property at 519 14th St S

$895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Townhome for Rent

Available Now

519 14th St S

St. CloudMN56301
property at 54 Birch Ave S

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Condo for Rent

Available Now

54 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.

property at 325 Litchfield Ave SE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

325 Litchfield Ave SE

WillmarMN56201
property at 60 Birch Ave S

$1,240

Total Monthly Price

Total Monthly Price

Base Rent
$1,240

Total Monthly Price
$1,240

2 Bedroom, 1 Bath Condo for Rent

Available Now

60 Birch Ave S

Maple LakeMN55358
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
property at 402 4th St S

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

402 4th St S

AtwaterMN56209
property at 1114 Hawthorne St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 1 Bath Home for Rent

Available Aug 1

1114 Hawthorne St

AlexandriaMN56308

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.

Albany, MN Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, MN is a 2 Beds unit found at Auburn Cove Apartments., LLC in the West Saint Cloud neighborhood priced from $850. Bright River Estates in the Pantown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $879. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Auburn Cove Apartments., LLC2 bedroom small2BR,1BA$850
Bright River Estates2B1B SPLIT2BR,1BA$879
Suncrest Apartments1 bedroom1BR,1BA$900

Best Value Apartments for Rent in Albany, MN and Nearby

As of July 06, 2026 the best value apartment in the Albany area is the $1.00 price per square foot 3 Bed 2 Bath Single Section Model at Bel Clare Estates in the starting from $1,449. The second greatest value Albany apartment is the 3 Bed/ 2 Bath C Model at The Lodge at Pine Lakes starting at $1,795 with a $1.29 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.
Bel Clare Estates3 Bed 2 Bath Single Section3BR,2BA$1.00
The Lodge at Pine Lakes3 Bed/ 2 Bath C3BR,2BA$1.29
Pheasant Crest Townhomes2 Bedroom Townhome2BR,2BA$1.26
Savanna ApartmentsD2BR,1BA$1.19
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$1.02
Parkbury Villa2 Bed/1 Bath corner2BR,1BA$1.33
Westchester Apartments2B1B SPLIT2BR,1BA$1.11
Bright River Estates2B1B A2BR,1BA$1.22
Auburn Cove Apartments., LLC2 bedroom small2BR,1BA$1.14
Suncrest Apartments1 bedroom1BR,1BA$1.29

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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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.

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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Albany

What type of rentals are currently available in Albany?

There are currently 48 Apartments for Rent in Albany, MN with pricing that ranges from $750 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 $2,049.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.