Apartments for Rent in Albert Lea, MN Under $1,500 (74 Rentals)

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property at 913 Abbott St

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

913 Abbott St, Unit 202

913 Abbott St
Albert LeaMN56007
property at 930 S Broadway Ave

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Condo for Rent

Available Jun 5

930 S Broadway Ave

Albert LeaMN56007
property at 702 E Main St

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

Studio, 1 Bath Home for Rent

Available Now

702 E Main St

Albert LeaMN56007
property at 207 E 4th St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

Studio, 1 Bath Condo for Rent

Available Now

207 E 4th St

Albert LeaMN56007

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 209 S Pearl St

$550 - $750

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

Studio To 2 Bedroom Rentals

Available Now

209 S Pearl St

Albert LeaMN56007
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Fountain Lake Estates
Studio to 2 Bedroom Apartments

Fountain Lake Estates

1702-1708 Sunset StAlbert Lea, MN 56007
  • Utilities Included
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Hilltop Manor Apartments
1 to 3 Bedroom Apartments

Hilltop Manor Apartments

826 S 4th AveAlbert Lea, MN 56007
Senior Living
  • Utilities Included
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Northstar Apartments
1 to 2 Bedroom Apartments

Northstar Apartments

820 S 4th AveAlbert Lea, MN 56007
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Coopers Court
Rent Specials
$1,224 - $1,654
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,635
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jun 1

Coopers Court

614 W Bridge StOwatonna, MN 55060
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  • 3D Tour
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Mill on Main I & II
Rent Specials
$1,219 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $2,509

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mill on Main I & II

704 1st Dr NWAustin, MN 55912
Transit Friendly
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  • Customer Reviewed
  • 3D Tour
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Parkview Place
$1,160
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,045
Required Monthly Fees
$115

Total Monthly Price
$1,160
1 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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  • Utilities Included
  • 3D Tour
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The Pearl
$1,140 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,650
Required Monthly Fees
$40

Total Monthly Price
$1,140 - $1,690
1 to 2 Bedroom Apartments Contact Us For Availability

The Pearl

130 E Pearl StOwatonna, MN 55060
Luxury
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  • Customer Reviewed
  • Utilities Included
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West Lake Meadows
Rent Specials
$1,125 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,595

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

West Lake Meadows

1575 24th Ave NWOwatonna, MN 55060
Corporate Housing
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  • Utilities Included
  • 3D Tour
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Radel Court
Rent Specials
$995 - $1,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,395

Total Monthly Price
$995 - $1,395
1 to 2 Bedroom Apartments Available Now

Radel Court

520 6th St SEllendale, MN 56026
  • Verified
  • Utilities Included
  • Smoke Free

Albert Lea, MN Local Guide

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

Explore Albert Lea, MN Rentals by Map

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Frequently Asked Questions about Albert Lea

How much are Studio apartments in Albert Lea?

There are currently 18 Studio Apartments in Albert Lea with rent ranges from $500 to $1,389 with an average price of $1,074.

What is the current price range for One Bedroom Albert Lea Apartments for rent?

Today's rental pricing for One Bedroom Apartments in Albert Lea ranges from $405 to $1,719 with an average monthly rent of $1,234.

What does renting a Two Bedroom Apartment in Albert Lea cost?

The monthly rent prices of Two Bedroom Apartments currently available in Albert Lea range from $800 to $2,830. Today's average rental price for Two Bedrooms here is $1,508.

How expensive are Albert Lea Three Bedroom Apartments?

There are currently 14 Three Bedroom Apartments listings available in Albert Lea on ApartmentHomeLiving.com. The pricing ranges from $935 to $2,509 - averaging $1,528 for the location.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.