Cheap Apartments for Rent in Albertville, MN from $500 (57 Rentals)

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The Bluffs
$1,120 - $1,523
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,105 - $1,508
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Bluffs

700 7th St EMonticello, MN 55362
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  • Customer Reviewed
  • 3D Tour

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.

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Dove Tree Apartments
Rent Specials
$1,195 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,695

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Dove Tree Apartments

1105 Lions Park DrElk River, MN 55330
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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The Dylan Apartments
Rent Specials
$1,381 - $2,442
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,366 - $2,427
Required Monthly Fees
$15

Total Monthly Price
$1,381 - $2,442
Studio to 3 Bedroom Apartments Available Now

The Dylan Apartments

11910 Town Center drSaint Michael, MN 55376
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Marywood Apartments
$1,385 - $1,440
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,340 - $1,395
Required Monthly Fees
$45

Total Monthly Price
$1,385 - $1,440
2 Bedroom Apartments Available May 15

Marywood Apartments

407 E 7th StMonticello, MN 55362
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  • 3D Tour
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Monticello Crossings
$1,431 - $1,846
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $1,835
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Monticello Crossings

2205 Meadow Oak AveMonticello, MN 55362
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  • Customer Reviewed
  • 3D Tour
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The Preserve at Commerce
$1,444 - $4,104
Total Monthly Price

Total Monthly Price

Base Rent
$1,440 - $4,100
Required Monthly Fees
$4

Total Monthly Price
$1,444 - $4,104
Studio to 3 Bedroom Apartments Available Now

The Preserve at Commerce

13600 Commerce BlvdRogers, MN 55374
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  • 3D Tour
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Quest Apartments
$1,477 - $2,390
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,462 - $2,375
Required Monthly Fees
$15

Total Monthly Price
$1,477 - $2,390
Studio to 3 Bedroom Apartments Available Now

Quest Apartments

13650 Marsh View AveRogers, MN 55374
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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.

property at 11877 Frankfort Pkwy NE

$1,515

Total Monthly Price

Total Monthly Price

Base Rent
$1,515

Total Monthly Price
$1,515

1 Bedroom, 1 Bath Home for Rent

Available Jun 3

11877 Frankfort Pkwy NE

Saint MichaelMN55376
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Evans Meadows
$1,719 - $4,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,715 - $4,296
Required Monthly Fees
$4

Total Monthly Price
$1,719 - $4,300
1 to 3 Bedroom Apartments Available Now

Evans Meadows

341 Evans Ave NWElk River, MN 55330
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  • Customer Reviewed
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Granite Shores
Rent Specials
$1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,805
Required Monthly Fees
$45

Total Monthly Price
$1,850
1 Bedroom Apartments Available Jul 10

Granite Shores

633 Main StElk River, MN 55330
Family Friendly
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property at 11177 77th St NE

$2,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

11177 77th St NE

OtsegoMN55301
property at 11833 Frankfort Pkwy NE

$2,270 - $2,625

Total Monthly Price

Total Monthly Price

Base Rent
$2,270

Total Monthly Price
$2,270

2 To 3 Bedroom Rentals

Available Now

11833 Frankfort Pkwy NE

Saint MichaelMN55376
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Pineview Apartments
1 to 2 Bedroom Apartments

Pineview Apartments

23 3rd St NWElk River, MN 55330
  • Utilities Included

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.

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Sugar Maples
1 to 3 Bedroom Apartments

Sugar Maples

21505-21515 Maple AveRogers, MN 55374
  • Utilities Included
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Jackson Place
1 to 2 Bedroom Apartments

Jackson Place

316 Jackson Ave NWElk River, MN 55330
  • Utilities Included
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Marketplace Crossing
1 to 3 Bedroom Apartments

Marketplace Crossing

16940 Marketplace DrBig Lake, MN 55309
  • Utilities Included
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Countryside Cottages
1 to 2 Bedroom Apartments

Countryside Cottages

301-431 Hillcrest Dr SESaint Michael, MN 55376
  • Utilities Included
property at 8627 Woodlawn Dr

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Condo for Rent

Available Now

8627 Woodlawn Dr

RockfordMN55373
property at 1411 2nd Ave S

$1,685

Total Monthly Price

Total Monthly Price

Base Rent
$1,685

Total Monthly Price
$1,685

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

1411 2nd Ave S

BuffaloMN55313
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Cornerstone Village
1 to 3 Bedroom Apartments

Cornerstone Village

40 St Michael PkySaint Michael, MN 55376
property at 12654 Pond View Rd

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

3 Bedroom, 2 Bath Home for Rent

Available May 1

12654 Pond View Rd

ZimmermanMN55398
property at 591 William St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 3 Bath Home for Rent

Available Now

591 William St

Big LakeMN55309

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.

Albertville, MN Local Guide

Cheapest Neighborhoods for Apartments in Albertville, MN

Pricing Updated: 04/27/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Towne Lakes$2,396$1,07524

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 $1,058. Here is today’s list of the most affordable Albertville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Elk River Lodge and ApartmentsStudioStudio,1BA$845
River Garden Apartments1 Bedroom1BR,1BA$1,058
Jackson Hills ApartmentsThe Bunker - CONTACT FOR AVAILABILITYStudio,1BA$1,189
The Delta ApartmentsStudioStudio,1BA$1,245
Clear SkySunrise2BR,1BA$1,270
The Bluffs2 Bedroom Deluxe2BR,1BA$1,314
Deephaven Apartments1 Bedroom 1 Bathroom1BR,1BA$1,330
The Dylan ApartmentsHarmony StudioStudio,1BA$1,381
Lions Park ApartmentsTwo Bedroom/ One Bath2BR,1BA$1,395
Dove Tree Apartments2 Bedroom 1 Bath B2BR,1BA$1,395

Best Value Apartments for Rent in Albertville, MN and Nearby

As of April 27, 2026 the best value apartment in the Albertville area is the $1.68 price per square foot 3 BR/2 BA fmr Model at Bedford Apartments in the in the Meadow Pond neighborhood starting from $1,830. The second greatest value Albertville apartment is the 2 Bedroom Model at Cornerstone Village starting at $1,709 with a $1.59 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Bedford Apartments3 BR/2 BA fmr3BR,2BA$1.68
Cornerstone Village2 Bedroom2BR,2BA$1.59
Ashbury Residential SuitesThe Snowy Owl2BR,1BA$1.60
Lions Park ApartmentsTwo Bedroom/ One Bath2BR,1BA$1.45
Station Street Apartments2 Bedroom/1 Bath Apartment2BR,1BA$1.59
The Bluffs2 Bedroom2BR,1BA$1.45
Clear SkySunrise2BR,1BA$1.37
Dove Tree Apartments2 Bedroom 1 Bath B2BR,1BA$1.57
Deephaven Apartments1 Bedroom 1 Bathroom1BR,1BA$1.58
River Garden Apartments1 Bedroom1BR,1BA$1.41

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.

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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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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.

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Cash 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.

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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!

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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 $1,395.

What is the price of a cheap apartment in Albertville?

The cheapest apartment in Albertville is River Garden Apartments which is listed at $1,058, while the average apartment in Albertville costs $2,396.

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 6 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 $348 which is $2,048 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

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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.

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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.