
Studio Apartments for Rent in Albert Lea, MN (18 Rentals)


Washington Avenue Apartments

Royal Court Apartments

Downtown Homes

1215 St John Ave

Fountain Lake Estates
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.

Total Monthly Price
Mill on Main I & II

1200 Jade Apartments

Total Monthly Price
West Lake Meadows

Cedar View Apartments

111 Vine Apartments

South Pointe II Apartments
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.

Flats on 21

The River Apartments & Townhomes

Key Apartments

Aire

Pilgrim Place Senior Housing (62+)

121 Main St S
Genius Ideas and Studio Layout Tips That Maximize Every Square Inch
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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 | $1,097 | $500 | $1,339 |
| Albert Lea 1 Bedroom Apartments | $1,289 | $525 | $1,719 |
| Albert Lea 2 Bedroom Apartments | $1,514 | $750 | $2,830 |
| Albert Lea 3 Bedroom Apartments | $1,665 | $935 | $2,509 |
| 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 $1,195. 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 | $1,195 |
| Mill on Main I & II | MII - Goose | 555 Sq Ft | $1,239 |
| Pilgrim Place Senior Housing (62+) | Studio - Rent Based on Income | 412 Sq Ft | $992 |
| Key Apartments | Efficiency | 300 Sq Ft | $500 |
Cheapest Available Albert Lea and Nearby Studio Apartments
As of July 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 - Rent Based on Income Model at Pilgrim Place Senior Housing (62+) starting at $992 . The average price for all Studio apartments in Albert Lea is currently $1,097. Here is today’s list of the cheapest available Studio options in Albert Lea:
| Apartment Listing | Model Name | Priced From |
|---|---|---|
| Key Apartments | Efficiency | $500 |
| Pilgrim Place Senior Housing (62+) | Studio - Rent Based on Income | $992 |
| West Lake Meadows | Studio | $1,175 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | $1,195 |
| Mill on Main I & II | MI - Kaufman | $1,239 |
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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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 $1,097.
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 $1,195 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 650 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

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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.

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.

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.

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.