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$6751 Bedroom Apartments Available Now
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A-Lea Apartments
909 Janson StAlbert Lea, MN 56007
Cheap Apartments for Rent in Albert Lea, MN from $500 (61 Rentals)
Search the lowest-cost Apartments available for rent right now in Albert Lea.
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$700 - $865Studio to 2 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
CityView Apartments
133 W William StAlbert Lea, MN 56007
127 Elizabeth Ave
Albert LeaMN56007
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$790 - $1,5001 to 2 Bedroom Apartments Available Now
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Skye Lofts Apartments
1619 W Main StAlbert Lea, MN 56007
424 Bridge Ave
Albert LeaMN56007
1516-1520 E Hawthorne St
Albert LeaMN56007
1302 Madison Ave
Albert LeaMN56007
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1 to 2 Bedroom Apartments
Northstar Apartments
820 S 4th AveAlbert Lea, MN 56007
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1 to 3 Bedroom Apartments
Hilltop Manor Apartments
826 S 4th AveAlbert Lea, MN 56007
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Studio to 2 Bedroom Apartments
Fountain Lake Estates
1702-1708 Sunset StAlbert Lea, MN 56007
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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1 to 3 Bedroom Apartments
GRAY GABLES OF ALBERT LEA
1904 Bridge AveAlbert Lea, MN 56007
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1 Bedroom Apartments
221 Main St.
221 E Main StAlbert Lea, MN 56007
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2 to 3 Bedroom Apartments
Pickerel Park Townhomes
1825 W 9th StAlbert Lea, MN 56007
930 S Broadway Ave
Albert LeaMN56007
701 Water St
Albert LeaMN56007
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$500 - $800Studio to 2 Bedroom Apartments Available Now
Key Apartments
600 N Kentucky AveMason City, IA 50401
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$525 - $6951 Bedroom Apartments Available Now
18 S Adams Ave
18 S Adams AveMason City, IA 50401
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$689 - $1,798Studio to 2 Bedroom Apartments Available Now
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Flats on 21
1310 21st Ave NWAustin, MN 55912
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$730 - $1,0901 to 3 Bedroom Apartments Available Sep 30
Meadow Lake of Clear Lake Apartments
1109 Buddy Holly PlClear Lake, IA 50428
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$795 - $1,1501 to 4 Bedroom Apartments Contact Us For Availability
Pebble Creek Apartments
150 S Grover AveMason City, IA 50401
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$800 - $1,1001 to 2 Bedroom Apartments Available Now
City Center Kent Apartments
5 N Federal AveMason City, IA 50401
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$895 - $1,265Studio to 2 Bedroom Apartments Available Now
The River
100 4th St SWMason City, IA 50401
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$895 - $1,675Studio to 2 Bedroom Apartments Available Nov 6
1200 Jade Apartments
1200 Jade StClear Lake, IA 50428
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$925 - $1,1852 Bedroom Apartments Available Now
Irish Hospital Apartments
216 S Clark StForest City, IA 50436
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$975 - $1,350
Total Monthly Price
Base Rent$895 - $1,270
Required Monthly Fees$80
Total Monthly Price$975 - $1,350
Northern Place Apartments
203 SW 31st StAustin, MN 55912
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$992 - $1,163Studio to 1 Bedroom Apartments Available Sep 8
Pilgrim Place Senior Housing (62+)
741 S Illinois AveMason City, IA 50401
607 S Main St
WinnebagoMN56098
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$1,020 - $1,560Studio to 2 Bedroom Apartments Contact Us For Availability
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Aire
525 Hillcrest Ave SEOwatonna, MN 55060
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$1,025 - $1,625Studio to 2 Bedroom Apartments Available Now
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111 Vine Apartments
111 Vine StOwatonna, MN 55060
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$1,0312 Bedroom Apartments Available Now
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Halter Vista Apartments
311 4th AveMapleton, MN 56065
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,035 - $1,165
Total Monthly Price
Base Rent$1,035 - $1,165
Total Monthly Price$1,035 - $1,165
Lincoln Apartments LLC
911 5th Ave NEAustin, MN 55912
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$1,035 - $1,1502 Bedroom Apartments Available Now
Plus Fees12 Month Lease Term
Webster Apartments
403 12th St NEAustin, MN 55912
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$1,0752 Bedroom Apartments Available Oct 10
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Chambers Apartments
219-227 S Chambers AveOwatonna, MN 55060
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$1,095 - $1,895Studio to 3 Bedroom Apartments Available Now
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Cedar View Apartments
2575 N Cedar AveOwatonna, MN 55060
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$1,110 - $1,460
Total Monthly Price
Base Rent$995 - $1,345
Required Monthly Fees$115
Total Monthly Price$1,110 - $1,460
Parkview Place
303 27th St SWAustin, MN 55912
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$1,130 - $1,5001 to 2 Bedroom Apartments Available Oct 1
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Dodger 56, LLC
104 1st St NWDodge Center, MN 55927
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$1,140 - $1,690
Total Monthly Price
Base Rent$1,100 - $1,650
Required Monthly Fees$40
Total Monthly Price$1,140 - $1,690
The Pearl
130 E Pearl StOwatonna, MN 55060
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$1,150 - $1,5251 to 2 Bedroom Apartments Available Nov 1
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South Pointe Apartments
201 18th St SWOwatonna, MN 55060
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$1,160 - $1,610Studio to 2 Bedroom Apartments Available Oct 1
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South Pointe II Apartments
175 18th St SWOwatonna, MN 55060
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$1,175 - $1,645
Total Monthly Price
Base Rent$1,175 - $1,645
Total Monthly PriceVaries
West Lake Meadows
1575 24th Ave NWOwatonna, MN 55060
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.
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1 Bedroom Apartments
Shalom Tower II
321 4th St NEMason City, IA 50401
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1 to 2 Bedroom Apartments
The Manor
4 3rd St NWMason City, IA 50401
107 Main St E
Clarks GroveMN56016
101 N Mill St
Lake MillsIA50450
802 9th Ave SE
AustinMN55912
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1 to 2 Bedroom Apartments
Kee Valley Apartments
408 N Main StKiester, MN 56051
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1 Bedroom Apartments
Bricelyn Plaza
314 N Main StBricelyn, MN 56014
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1 to 3 Bedroom Apartments
204 3rd Ave SE
204 3rd Ave SEMedford, MN 55049
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1 Bedroom Apartments
Grant Village
815-843 6th St SWMason City, IA 50401
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1 to 2 Bedroom Apartments
909 E Vine St
909 Vine St EOwatonna, MN 55060
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.
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Albert Lea, MN Local Guide
Albert Lea Lake by Wendy Berry is licensed under CC BY 2.0
How much does it cost to rent an apartment in Albert Lea?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albert Lea Studio Apartments | $1,105 | $500 | $1,339 |
| Albert Lea 1 Bedroom Apartments | $1,278 | $525 | $1,719 |
| Albert Lea 2 Bedroom Apartments | $1,481 | $800 | $2,830 |
| Albert Lea 3 Bedroom Apartments | $1,503 | $935 | $2,459 |
| Albert Lea 4 Bedroom Apartments | $937 | $937 | $937 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Albert Lea
See all Apartments in Albert LeaExplore Albert Lea
Albert Lea, MN Local Guide
- Nearby Cities
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Cheapest Available Albert Lea Apartments for Rent and Nearby
The cheapest available apartment rental in Albert Lea, MN is a Studio unit found at Key Apartments priced from $500. 18 S Adams Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Albert Lea apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| GRAY GABLES OF ALBERT LEA | 1 Bedroom 1 Bathroom | 1BR,1BA | $759 |
| Skye Lofts Apartments | One Bedroom Unit | 1BR,1BA | $790 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $800 |
| 221 Main St. | 221 Main St. - 05 | 1BR,1BA | $825 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| Irish Hospital Apartments | 2BD/1BA | 2BR,1BA | $925 |
| 111 Vine Apartments | Studio | Studio,1BA | $1,025 |
| Halter Vista Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,031 |
Best Value Apartments for Rent in Albert Lea, MN and Nearby
As of September 07, 2026 the best value apartment in the Albert Lea area is the $1.10 price per square foot 2BR/1.5BA Model at Skye Lofts Apartments in the starting from $1,500. The second greatest value Albert Lea apartment is the C Model at Radel Court starting at $1,375 with a $1.46 price per square foot . Here is today’s list of the best values for Albert Lea apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skye Lofts Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.10 |
| Radel Court | C | 2BR,1BA | $1.46 |
| Halter Vista Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.15 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| Webster Apartments | Apt. 01 | 2BR,1BA | $1.50 |
| GRAY GABLES OF ALBERT LEA | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.16 |
| 221 Main St. | 221 Main St. - 05 | 1BR,1BA | $1.32 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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
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.
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Best Local Schools in Albert Lea, MN
Lakeview Elementary School
Albert Lea Public School District
Public School - Grades PK-5 (400)
6 out of 10
Albert Lea Senior High School
Albert Lea Public School District
Public School - Grades 6-12 (1196)
6 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Albert Lea, MN Rentals by Map
See the most popular apartments and homes in Albert Lea, MN
Frequently Asked Questions about Cheap Albert Lea Apartments
What is the Cheapest Studio apartment in Albert Lea?
Currently the most affordable Cheap Studio Apartment in Albert Lea is at Key Apartments listed at $500.
How much is rent for a Cheap One Bedroom Albert Lea Apartment?
The lowest price for a Cheap One Bedroom Albert Lea Apartment is $525 at 18 S Adams Ave.
What is the lowest price for a Cheap Two Bedroom Albert Lea Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Albert Lea is starting from $865 at CityView Apartments.
What is the most affordable Albert Lea Three Bedroom Apartment?
The best deal on a cheap Albert Lea Three Bedroom Apartment rental is at GRAY GABLES OF ALBERT LEA and starts from $979.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.