Cheap Homes for Rent in Alberta, MN from $300 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in Alberta.

property at 97 7th Ave S

$275

Total Monthly Price

Total Monthly Price

Base Rent
$275

Total Monthly Price
$275

1 Bedroom, 1 Bath Home for Rent

Available Now

97 7th Ave S

WahpetonND58075
property at 511 Main Ave N

$275

Total Monthly Price

Total Monthly Price

Base Rent
$275

Total Monthly Price
$275

2 Bedroom, 1 Bath Home for Rent

Available Now

511 Main Ave N

HankinsonND58041
property at 902 1st St S

$300

Total Monthly Price

Total Monthly Price

Base Rent
$300

Total Monthly Price
$300

2 Bedroom, 1 Bath Home for Rent

Available Now

902 1st St S

WahpetonND58075
property at 500 1st Ave S

$460

Total Monthly Price

Total Monthly Price

Base Rent
$460

Total Monthly Price
$460

1 Bedroom, 1 Bath Home for Rent

Available Now

500 1st Ave S

FairmountND58030
property at 1624 8th St N

$695 - $795

1 To 2 Bedroom Rentals

Available Now

1624 8th St N

WahpetonND58075

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.

property at 318 S 3rd St

$730

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

318 S 3rd St

MilanMN56262
property at 316 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262
property at 308 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730

Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

308 S 3rd St

MilanMN56262

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.

Alberta, MN Local Guide

Cheapest Available Alberta Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alberta, MN is a 1 Bed unit found at Beardsley Apartments priced from $600. Riverside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $695. Here is today’s list of the most affordable Alberta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$600
Riverside Apartments911 studiosStudio,1BA$695
North Valley ApartmentsEfficiencyStudio,1BA$700

Best Value Apartments for Rent in Alberta, MN and Nearby

As of May 28, 2026 the best value apartment in the Alberta area is the $1.19 price per square foot 2 Beds, 1 Baths Model at Campus View Historic Apartments in the starting from $1,375. The second greatest value Alberta apartment is the C.3 Model at Central Lakes starting at $1,493 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Campus View Historic Apartments2 Beds, 1 Baths2BR,1BA$1.19
Central LakesC.32BR,2BA$1.35
Beardsley ApartmentsOne Bedroom1BR,1BA$0.67
Spruce Place Apartments2 Bedroom | Laurel Place2BR,1BA$1.01
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
East Side Stories Apartments2 bed2BR,1BA$1.17
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.30
Cascade ApartmentsOne Bedroom1BR,1BA$1.33
Westfield Apartments1 bedroom1BR,1BA$1.23
Wildwood Apartments2BR/1.0BA2BR,1BA$1.44

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.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Alberta, MN Rentals by Map

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Frequently Asked Questions about Alberta

What type of rentals are currently available in Alberta?

There are currently 63 Apartments for Rent in Alberta, MN with pricing that ranges from $600 to $2,819. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alberta ranging from $275 to $4,000.

What is the current price range for Rental Homes in Alberta?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alberta ranges from $275 to $4,000 with an average monthly rent of $1,981.

How much are larger Three and Four Bedroom Rentals in Alberta?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alberta range from $1,145 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,290 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,270.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.