
Cheap Apartments for Rent in Alberta, MN from $300 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Alberta.


97 7th Ave S

902 1st St S

500 1st Ave S

Beardsley Apartments

Riverside Apartments

North Valley Apartments

Eastside Acres

Westfield Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Total Monthly Price
Nature's Edge Apartments

Colonial Village Apartments

McKay Apartments

Water Station Apartments

Twenty08 Apartments

Broadway Apartments

East Side Stories Apartments

Cascade Apartments

Spruce Place Apartments
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.

Clinton Community Housing

Page House

Osakis Community Manor

Silverleaf Apartments

Goldenwood

KMA - Highland Terrace Apartments

806 W 5th St

Prairie Park Fairmount Apartments

Heritage Apartments- Morris
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.

Carolina Village

Willow Square

Aspen Green II

539 Pacific Ave SW

Home Rite Apartments

Ridgeview Manor - Trail I and II

1628 8th St N

Wildwood Apartments

318 S 3rd St
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.

316 S 3rd St

308 S 3rd St

213 W Vernon Ave

1504 & 1508 Jefferson St

1612 8th St N

1624 8th St N

Lamplighter Apartments

Cardinal Estates

702 8th Ave N
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.
Alberta, MN Local Guide

How much does it cost to rent an apartment in Alberta?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alberta Studio Apartments | $964 | $695 | $1,195 |
| Alberta 1 Bedroom Apartments | $1,259 | $600 | $1,915 |
| Alberta 2 Bedroom Apartments | $1,496 | $700 | $2,819 |
| Alberta 3 Bedroom Apartments | $1,503 | $1,145 | $1,950 |
| Alberta 4 Bedroom Apartments | $1,270 | $1,270 | $1,270 |
Browse Top Apartments in Alberta
See all Apartments in AlbertaExplore Alberta
Alberta, MN Local Guide
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Cheapest Available Alberta Apartments for Rent and Nearby
 The cheapest available apartment rental in Alberta, MN is a Studio unit found at Riverside Apartments priced from $695. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Alberta apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $840 |
| East Side Stories Apartments | 408 1 bed | 1BR,1BA | $895 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $898 |
| 10th Avenue Apartments | 1964 - Studio | Studio,1BA | $921 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $935 |
Best Value Apartments for Rent in Alberta, MN and Nearby
As of April 28, 2026 the best value apartment in the Alberta area is the $1.35 price per square foot C.3 Model at Central Lakes in the starting from $1,493. The second greatest value Alberta apartment is the 2 Bedroom 2 Bathroom Model at East Point Village Apartments starting at $1,255 with a $1.35 price per square foot . Here is today’s list of the best values for Alberta apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Central Lakes | C.3 | 2BR,2BA | $1.35 |
| East Point Village Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.35 |
| Thunder Hawk Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.40 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Lakewood Apartments | 2 BD/1 BA | 2BR,1BA | $1.41 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| Westfield Apartments | 1 Bed 1 Bath Bld 1&2 | 1BR,1BA | $1.49 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| East Side Stories Apartments | 408 1 bed | 1BR,1BA | $1.38 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alberta, MN Rentals by Map
See the most popular apartments and homes in Alberta, MN
Frequently Asked Questions about Cheap Alberta Apartments
What is the Cheapest Studio apartment in Alberta?
Currently the most affordable Cheap Studio Apartment in Alberta is at Riverside Apartments listed at $695.
How much is rent for a Cheap One Bedroom Alberta Apartment?
The lowest price for a Cheap One Bedroom Alberta Apartment is $761 at Eastside Acres.
What is the lowest price for a Cheap Two Bedroom Alberta Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alberta is starting from $935 at Runestone Grand Apartments.
What is the most affordable Alberta Three Bedroom Apartment?
The best deal on a cheap Alberta Three Bedroom Apartment rental is at Bridgewater Estates and starts from $1,540.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.