302 Franke St
JoiceIA50446
Cheap Homes for Rent in Albert Lea, MN from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Albert Lea.
207 E 4th St
Albert LeaMN56007
101 N Mill St
Lake MillsIA50450
1008 1st Pl NE
AustinMN55912
702 E Main St
Albert LeaMN56007
close
View Me
610 3rd Ave NW
Dodge CenterMN55927
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.
810 9th Ave SW
AustinMN55912
413 Main St N
Grand MeadowMN55936
821 Jefferson Ave
Albert LeaMN56007
709 13th St NE
AustinMN55912
524 N Grant St
Blue EarthMN56013
520 N Grant St
Blue EarthMN56013
258 S Pearl St
Albert LeaMN56007
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.
Showing Results 1-14, 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 a home in Albert Lea?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albert Lea 2 Bedroom Homes for Rent | $1,409 | $895 | $2,050 |
| Albert Lea 3 Bedroom Homes for Rent | $1,608 | $1,000 | $3,000 |
| Albert Lea 4 Bedroom Homes for Rent | $2,190 | $1,500 | $2,500 |
| Albert Lea 6 Bedroom Homes for Rent | $1,795 | $1,795 | $1,795 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Albert Lea
Explore Albert Lea
Albert Lea, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 November 27, 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 | $1.25 |
| 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.
Read Article
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.
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.
Let everyone know!
Do you know the Albert Lea area?
If you’re an expert on all things Albert Lea, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
Frequently Asked Questions about Albert Lea
What type of rentals are currently available in Albert Lea?
There are currently 66 Apartments for Rent in Albert Lea, MN with pricing that ranges from $405 to $3,315. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albert Lea ranging from $550 to $3,000.
What is the current price range for Rental Homes in Albert Lea?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Albert Lea ranges from $550 to $3,000 with an average monthly rent of $1,449.
How much are larger Three and Four Bedroom Rentals in Albert Lea?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Albert Lea range from $935 to $3,315, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $937.
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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.