209 S Pearl St
Albert LeaMN56007
Cheap Apartments for Rent in Albert Lea, MN from $400 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in Albert Lea.
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$625 - $700
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityA-Lea Apartments
909 Janson StAlbert Lea, MN 56007
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$625 - $860
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowCityView Apartments
133 W William StAlbert Lea, MN 56007
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$790 - $2,325
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1 to 2 Bedroom Apartments Available NowSkye Lofts Apartments
1619 W Main StAlbert Lea, MN 56007
231-233 S Pearl St
Albert LeaMN56007
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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.
517 E 4th St
Albert LeaMN56007
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$495 - $1,1001 to 2 Bedroom Apartments Available Now
City Center Kent Apartments
5 N Federal AveMason City, IA 50401
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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 - $6501 Bedroom Apartments Contact Us For Availability
18 S Adams Ave
18 S Adams AveMason City, IA 50401
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.
919 N Elm Ave
OwatonnaMN55060
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$689 - $1,602
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityFlats on 21
1310 21st Ave NWAustin, MN 55912
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$703 - $3,143Studio to 3 Bedroom Apartments Available Now
The River Apartments & Townhomes
100 4th St SWMason City, IA 50401
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$730 - $1,0901 to 3 Bedroom Apartments Available Dec 31
Meadow Lake of Clear Lake Apartments
1109 Buddy Holly PlClear Lake, IA 50428
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$795 - $1,1501 to 4 Bedroom Apartments Available Now
Pebble Creek Apartments
150 S Grover AveMason City, IA 50401
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$795 - $1,175
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1 to 3 Bedroom Apartments Available NowNorthern Place Apartments
203 SW 31st StAustin, MN 55912
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
302 Franke St
JoiceIA50446
101 N Mill St
Lake MillsIA50450
Showing Results 1-23, Page 1 of 1
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 | $1,020 | $500 | $2,478 |
| Albert Lea 1 Bedroom Apartments | $1,243 | $405 | $2,284 |
| Albert Lea 2 Bedroom Apartments | $1,544 | $800 | $3,130 |
| Albert Lea 3 Bedroom Apartments | $1,790 | $935 | $3,143 |
| 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 1 Bed unit found at Shalom Tower II priced from $405. City Center Kent Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $495. Here is today’s list of the most affordable Albert Lea apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shalom Tower II | Tower I Efficiency | 1BR,1BA | $405 |
| City Center Kent Apartments | Studio | 1BR,1BA | $495 |
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| CityView Apartments | Studio | Studio,1BA | $625 |
Best Value Apartments for Rent in Albert Lea, MN and Nearby
As of December 07, 2025 the best value apartment in the Albert Lea area is the $1.36 price per square foot 2 Bedroom w/ Den Model at Skye Lofts Apartments in the starting from $1,900. The second greatest value Albert Lea apartment is the 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments starting at $1,150 with a $1.03 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 | 2 Bedroom w/ Den | 2BR,1BA | $1.36 |
| Pebble Creek Apartments | 3 Bedroom 1.5 Bathrooms | 3BR,1.5BA | $1.03 |
| Lincoln Apartments LLC | Apt. 28 | 2BR,1BA | $1.23 |
| CityView Apartments | 2 bedroom | 2BR,1BA | $1.08 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
| Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.70 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.21 |
| GRAY GABLES OF ALBERT LEA | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.16 |
| 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.
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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 Albert Lea, MN
Albert LEA Senior High
Albert Lea Public School District
Public School - Grades 8-12 (1218)
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
Getting Around Albert Lea, MN
Walk Score®
43 / 100
Car-Dependent
Most errands require a car
Bike Score®
43 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $405 at Shalom Tower II.
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 $860 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 Pebble Creek Apartments and starts from $1,150.
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.
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.