Cheap Homes for Rent in Alberta, MN from $300 (8 Rentals)

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

property at 308 S 3rd St

308 S 3rd St

MilanMN56262

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.

property at 312 S 3rd St

312 S 3rd St

MilanMN56262
property at 314 S 3rd St

314 S 3rd St

MilanMN56262
property at 228 E Fir Ave

228 E Fir Ave

Fergus FallsMN56537
property at 314 Hidden Acres Dr NW

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 $519. Prairie Park Fairmount Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $545. Here is today’s list of the most affordable Alberta apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Beardsley ApartmentsOne Bedroom1BR,1BA$519
Prairie Park Fairmount Apartments2 Beds, 1 bath2BR,1BA$545
Ridgeview Manor - Trail I and II2BR/1.0BA2BR,1BA$700

Best Value Apartments for Rent in Alberta, MN and Nearby

As of October 12, 2025 the best value apartment in the Alberta area is the $0.59 price per square foot 2BR/1.0BA Model at Wildwood Apartments in the starting from $895. The second greatest value Alberta apartment is the 2 Bed/1 Bath Model at Water Station Apartments starting at $885 with a $0.89 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.
Wildwood Apartments2BR/1.0BA2BR,1BA$0.59
Water Station Apartments2 Bed/1 Bath2BR,1BA$0.89
Prairie Park Fairmount Apartments3 Beds, 1 bath3BR,1BA$0.67
Ridgeview Manor - Trail I and II2BR/1.0BA2BR,1BA$0.74
Cardinal Estates2 Bedroom 1 Bathroom2BR,1BA$1.06
Beardsley ApartmentsOne Bedroom1BR,1BA$0.58
Spruce Place Apartments2 Bedroom | Laurel Place2BR,1BA$0.85
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.26
Cascade ApartmentsOne Bedroom1BR,1BA$1.33

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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 50 Apartments for Rent in Alberta, MN with pricing that ranges from $502 to $2,155. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alberta ranging from $275 to $4,850.

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 $4,850 with an average monthly rent of $2,161.

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 $650 to $1,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $2,100. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,270.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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.