105 Main St
HanlontownIA50444
Cheap Homes for Rent in Albert Lea, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Albert Lea.
810 9th Ave SW
AustinMN55912
109 Grand Ave E
Grand MeadowMN55936
709 13th St NE
AustinMN55912
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.
524 N Grant St
Blue EarthMN56013
913 Abbott St, Unit 202
913 Abbott St
Albert LeaMN56007
36 Elm St
EastonMN56025
121 Main St S
Grand MeadowMN55936
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.
621 Oak St
OsageIA50461
Showing Results 1-9, 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 | $1,449 | $800 | $2,050 |
| Albert Lea 3 Bedroom Homes for Rent | $1,671 | $1,000 | $3,000 |
| Albert Lea 4 Bedroom Homes for Rent | $1,812 | $1,495 | $2,500 |
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
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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 |
Best Value Apartments for Rent in Albert Lea, MN and Nearby
As of January 14, 2026 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 |
| 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 | $0.73 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.21 |
| 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 ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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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 65 Apartments for Rent in Albert Lea, MN with pricing that ranges from $405 to $3,069. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Albert Lea ranging from $800 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 $800 to $3,000 with an average monthly rent of $1,411.
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 $3,041, 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 $1,495 and Four Bedroom Apartments start at $937.
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
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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!