
Studio Apartments for Rent in Albert Lea, MN (20 Rentals)


209 S Pearl St

702 E Main St

Washington Avenue Apartments

Royal Court Apartments

Downtown Homes
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1215 St John Ave

Fountain Lake Estates

Mill on Main I & II

1200 Jade Apartments

Cedar View Apartments

Total Monthly Price
West Lake Meadows
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South Pointe II Apartments

111 Vine Apartments

Flats on 21

The River Apartments & Townhomes

Pilgrim Place Senior Housing (62+)

Aire
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Key Apartments

121 Main St S
Albert Lea, MN Local Guide

How much does it cost to rent an apartment in Albert Lea?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albert Lea Studio Apartments | $1,010 | $500 | $1,389 |
| Albert Lea 1 Bedroom Apartments | $1,264 | $405 | $1,719 |
| Albert Lea 2 Bedroom Apartments | $1,472 | $800 | $2,525 |
| Albert Lea 3 Bedroom Apartments | $1,611 | $935 | $2,514 |
| Albert Lea 4 Bedroom Apartments | $937 | $937 | $937 |
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Albert Lea, MN Local Guide
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Largest Available Albert Lea and Nearby Studio Apartments
The largest available Studio apartment unit in Albert Lea, MN is found at Cedar View Apartments in the Downtown Owatonna neighborhood and is 648 square feet priced from $1,250. Mill on Main I & II has the second largest Studio, which is sized at 555 square feet and currently listed start at $1,239. Here is today’s list of the largest available Studio units in Albert Lea:
| Apartment Listing | Model Name | Square Footage | Priced From |
|---|---|---|---|
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | 648 Sq Ft | $1,250 |
| Mill on Main I & II | MI - Kaufman | 555 Sq Ft | $1,239 |
| 1200 Jade Apartments | Studio | 534 Sq Ft | $895 |
| The River Apartments & Townhomes | Studio Apartment | 507 Sq Ft | $730 |
| CityView Apartments | 400 Sq Ft | $625 |
Cheapest Available Albert Lea and Nearby Studio Apartments
As of April 23, 2026 the lowest priced Studio apartment unit in Albert Lea, MN is the Efficiency Model starting from $500 at Key Apartments . The second most affordable Albert Lea Studio is the Studio Model at CityView Apartments starting at $650 . The average price for all Studio apartments in Albert Lea is currently $1,010. Here is today’s list of the cheapest available Studio options in Albert Lea:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Key Apartments | Efficiency | $500 |
| CityView Apartments | Studio | $650 |
| The River Apartments & Townhomes | Studio | $725 |
| 1200 Jade Apartments | Studio | $895 |
| Aire | Studio, 1 bath | $1,020 |
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Read ArticleQuick 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.
Best Local Schools in Albert Lea, MN
Albert LEA Senior High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Studio Albert Lea Apartments
What is the Cheapest apartment in Albert Lea with Studio?
Currently the most affordable Studio in Albert Lea is at Key Apartments listed at $500.
How much is the average rent for a Studio Albert Lea Apartment?
The average rent for a Studio Apartment in Albert Lea is $1,010.
What is the largest available Studio Albert Lea Apartment for rent?
Today's apartment with the most square footage in Albert Lea is a 648 square feet unit starting from $1,250 at Cedar View Apartments.
What is the average size for Albert Lea Studio Apartments for rent?
The average size for a Studio rental in Albert Lea is currently 725 sq ft.
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

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
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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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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Renting your next home can feel thrilling and overwhelming at the same time.