
Cheap Apartments for Rent in Albertville, MN from $500 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in Albertville.


Bedford Apartments

Pheasant Ridge Apartments

Cottages of Albertville Senior Townhomes

Clear Sky

Elk River Lodge and Apartments

Pineview 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.

Goldenrod Glen

River Garden Apartments

Elk Crossing Apartments

Total Monthly Price
The Bluffs

Ridgewood Manor Partnership

Total Monthly Price
Jackson Hills Apartments

The Delta Apartments
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.

Village at Town Center - St. Michael

11833 Frankfort Pkwy NE

Northern Star Apartments

Marywood Apartments

Sugar Maples

Jackson Place

Marketplace Crossing
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.
Albertville, MN Local Guide

How much does it cost to rent an apartment in Albertville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Albertville Studio Apartments | $1,359 | $845 | $1,508 |
| Albertville 1 Bedroom Apartments | $1,478 | $556 | $1,900 |
| Albertville 2 Bedroom Apartments | $1,714 | $848 | $2,295 |
| Albertville 3 Bedroom Apartments | $1,964 | $818 | $2,750 |
| Albertville 4 Bedroom Apartments | $1,987 | $1,987 | $1,987 |
Browse Top Apartments in Albertville
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Albertville, MN Local Guide
- Albertville Neighborhoods
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Cheapest Neighborhoods for Apartments in Albertville, MN
Pricing Updated: 01/25/2026Current apartment rentals in the Albertville, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Albertville Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Towne Lakes | $1,870 | $1,075 | 26 |
Cheapest Available Albertville Apartments for Rent and Nearby
 The cheapest available apartment rental in Albertville, MN is a Studio unit found at Elk River Lodge and Apartments in the Twin Lakes Estates neighborhood priced from $845. River Garden Apartments in the Twin Lakes Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $948. Here is today’s list of the most affordable Albertville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elk River Lodge and Apartments | Studio | Studio,1BA | $845 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $948 |
| The Bluffs | 1 Bedroom - Jefferson | 1BR,1BA | $1,120 |
| Jackson Hills Apartments | The Bunker - CONTACT FOR AVAILABILITY | Studio,1BA | $1,189 |
| The Delta Apartments | Studio | Studio,1BA | $1,245 |
Best Value Apartments for Rent in Albertville, MN and Nearby
As of January 25, 2026 the best value apartment in the Albertville area is the $1.52 price per square foot Townhomes at Preserve Model at Townhomes at Preserve in the in the Brockton Meadows neighborhood starting from $2,915. The second greatest value Albertville apartment is the 3 BR/1 BA fmr Model at Bedford Apartments starting at $1,710 with a $1.64 price per square foot in the Meadow Pond neighborhood. Here is today’s list of the best values for Albertville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Townhomes at Preserve | Townhomes at Preserve | 3BR,2.5BA | $1.52 |
| Bedford Apartments | 3 BR/1 BA fmr | 3BR,1BA | $1.64 |
| Northern Star Apartments | 2A | 2BR,2BA | $1.49 |
| The Bluffs | 2 Bedroom + Den | 2BR,1BA | $1.52 |
| Lions Park Apartments | Two Bedroom/ One Bath | 2BR,1BA | $1.45 |
| Station Street Apartments | 2 Bedroom/1 Bath Apartment | 2BR,1BA | $1.58 |
| Goldenrod Glen | 2 Bedroom, Income Restrictions | 2BR,1BA | $1.44 |
| Marywood Apartments | Two Bed/One Bath | 2BR,1BA | $1.51 |
| Deephaven Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.58 |
| River Garden Apartments | 1 Bedroom | 1BR,1BA | $1.26 |
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 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 Albertville, MN Rentals by Map
See the most popular apartments and homes in Albertville, MN
Frequently Asked Questions about Cheap Albertville Apartments
What is a cheap apartment in Albertville?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Albertville is under $1,369.
What is the price of a cheap apartment in Albertville?
The cheapest apartment in Albertville is River Garden Apartments which is listed at $948, while the average apartment in Albertville costs $1,870.
What types of apartments are the cheapest in Albertville?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 7 regular apartments in Albertville that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Albertville?
Cheap apartments in Albertville have an average cost of $595 which is $1,275 cheaper than the average rent for all rentals in Albertville.
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

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.

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.