Apartments for Rent in Albert Lea, MN Under $1,500 (85 Rentals)

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property at 821 Minnesota Ave

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Now

821 Minnesota Ave

Albert LeaMN56007
property at 529 Euclid Ave

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Sep 15

529 Euclid Ave

Albert LeaMN56007
property at 701 Water St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

701 Water St

Albert LeaMN56007
property at 930 S Broadway Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

930 S Broadway Ave

Albert LeaMN56007

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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property at 1302 Madison Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

1302 Madison Ave

Albert LeaMN56007
property at 836 S Newton Ave

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925
Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

836 S Newton Ave

Albert LeaMN56007
property at 424 Bridge Ave

$850 - $995

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 To 2 Bedroom Rentals

Available Now

424 Bridge Ave

Albert LeaMN56007
property at 127 Elizabeth Ave

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725
Total Monthly Price
$725

1 Bedroom, 1 Bath Home for Rent

Available Sep 10

127 Elizabeth Ave

Albert LeaMN56007
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221 Main St.
1 Bedroom Apartments

221 Main St.

221 E Main StAlbert Lea, MN 56007
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Fountain Lake Estates
Studio to 2 Bedroom Apartments

Fountain Lake Estates

1702-1708 Sunset StAlbert Lea, MN 56007
  • Utilities Included

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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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
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Radel Court
$1,375
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,375
Total Monthly Price
$1,375
2 Bedroom Apartments Available Now

Radel Court

520 6th St SEllendale, MN 56026
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  • Utilities Included
  • Smoke Free
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Mill on Main I & II
Rent Specials
$1,239 - $2,459
Total Monthly Price

Total Monthly Price

Base Rent
$1,239 - $2,459
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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Coopers Court
Rent Specials
$1,224 - $1,354
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,335
Required Monthly Fees
$19
Total Monthly Price
$1,224 - $1,354
1 to 3 Bedroom Apartments Available Now

Coopers Court

614 W Bridge StOwatonna, MN 55060
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  • 3D Tour
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West Lake Meadows
$1,175 - $1,645
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $1,645
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

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.

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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 Available Now

The Pearl

130 E Pearl StOwatonna, MN 55060
Luxury
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  • Customer Reviewed
  • Utilities Included
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Parkview Place
Rent Specials
$1,110 - $1,460
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,345
Required Monthly Fees
$115
Total Monthly Price
$1,110 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
  • Verified
  • Utilities Included
  • 3D Tour

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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Aire
$1,020 - $1,560
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For Availability

Aire

525 Hillcrest Ave SEOwatonna, MN 55060
Family Friendly
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  • Utilities Included
  • Smoke Free
Showing Results 1-50, Page 1 of 2

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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Best Local Schools in
Albert Lea, MN

School data provided by Great Schools

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

Explore Albert Lea, MN Rentals by Map

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See the most popular apartments and homes in Albert Lea, MN

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Frequently Asked Questions about Albert Lea

How much are Studio apartments in Albert Lea?

There are currently 16 Studio Apartments in Albert Lea with rent ranges from $500 to $1,339 with an average price of $1,121.

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 $525 to $1,719 with an average monthly rent of $1,283.

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 $1,496.

How expensive are Albert Lea Three Bedroom Apartments?

There are currently 15 Three Bedroom Apartments listings available in Albert Lea on ApartmentHomeLiving.com. The pricing ranges from $935 to $2,459 - averaging $1,503 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 Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.