107 Fletcher Dr
Clear LakeIA50428
Cheap Homes for Rent in Albert Lea, MN from $700 (11 Rentals)
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1003 12th Ave NE
AustinMN55912
702 E Main St
Albert LeaMN56007
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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.
413 Main St N
Grand MeadowMN55936
815 11th Ave SW
AustinMN55912
106 11th St NE
AustinMN55912
121 Main St S
Grand MeadowMN55936
10248 Bixby Pl
Blooming PrairieMN55917
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.
210 16th Ave NE
AustinMN55912
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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 | $1,384 | $725 | $2,050 |
| Albert Lea 3 Bedroom Homes for Rent | $1,458 | $1,050 | $3,000 |
| Albert Lea 4 Bedroom Homes for Rent | $2,218 | $1,575 | $2,500 |
| Albert Lea 5 Bedroom Homes for Rent | $1,650 | $1,650 | $1,650 |
| Albert Lea 6 Bedroom Homes for Rent | $1,995 | $1,995 | $1,995 |
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
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Cheapest Available Albert Lea Apartments for Rent and Nearby
The cheapest available apartment rental in Albert Lea, MN is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. 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 | Studio,1BA | $405 |
| Key Apartments | Efficiency | Studio,1BA | $450 |
| City Center Kent Apartments | Studio | 1BR,1BA | $495 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $700 |
Best Value Apartments for Rent in Albert Lea, MN and Nearby
As of October 13, 2025 the best value apartment in the Albert Lea area is the $0.82 price per square foot 510 W Main St Model at 510 W Main St, Unit 512 in the starting from $1,150. 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. |
|---|---|---|---|
| 510 W Main St, Unit 512 | 510 W Main St | 2BR,1BA | $0.82 |
| Pebble Creek Apartments | 3 Bedroom 1.5 Bathrooms | 3BR,1.5BA | $1.03 |
| Northern Place Apartments | 3 Beds, 2 baths | 3BR,2BA | $1.03 |
| Dodger 56, LLC | 2 Bedroom 2 Bath | 2BR,2BA | $1.25 |
| Lincoln Apartments LLC | Apt. 29 | 2BR,1BA | $1.26 |
| GRAY GABLES OF ALBERT LEA | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.07 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $0.74 |
| Shalom Tower II | Tower II - One Bedroom | 1BR,1BA | $0.70 |
| CityView Apartments | 1 bedroom | 1BR,1BA | $0.98 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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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 64 Apartments for Rent in Albert Lea, MN with pricing that ranges from $405 to $2,690. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albert Lea ranging from $725 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 $725 to $3,000 with an average monthly rent of $1,517.
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 $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,575 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.
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.