719 Cedar Ave
Albert LeaMN56007
Cheap Homes for Rent in Albert Lea, MN from $600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Albert Lea.
107 Fletcher Dr
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1465 Allen Ave
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815 11th Ave SW
AustinMN55912
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.
508 11th Ave SW
AustinMN55912
132 Broadway
AustinMN55912
305 1st Ave SE
GenevaMN56035
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.
121 Main St S
Grand MeadowMN55936
1908A 3rd Ave NE
AustinMN55912
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AustinMN55912
1306 9th Ave SW
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 | $1,356 | $650 | $2,050 |
| Albert Lea 3 Bedroom Homes for Rent | $1,474 | $1,132 | $2,395 |
| Albert Lea 4 Bedroom Homes for Rent | $2,147 | $1,495 | $2,600 |
| Albert Lea 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
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 |
| The River Apartments & Townhomes | Studio Apartment | Studio,1BA | $729 |
Best Value Apartments for Rent in Albert Lea, MN and Nearby
As of August 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 |
| Meadow Lake of Clear Lake Apartments | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.03 |
| GRAY GABLES OF ALBERT LEA | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.01 |
| 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 |
| Irish Hospital Apartments | Unit 6 | 1BR,1BA | $1.36 |
| 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 62 Apartments for Rent in Albert Lea, MN with pricing that ranges from $405 to $2,650. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albert Lea ranging from $650 to $2,600.
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 $650 to $2,600 with an average monthly rent of $1,513.
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 $1,925, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,132 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,495 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.
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.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.