
Cheap Apartments for Rent in the Towne Lakes Neighborhood of Albertville, MN from $1,000 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Towne Lakes area of Albertville.


Bedford Apartments

Westwind Apartments

Total Monthly Price
The Dylan

Village at Town Center - St. Michael
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.

Town Center Townhomes

Cornerstone Village

Countryside Cottages

Connex Apartments

St. Michael Senior Living
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.

4180-4270 Orleans Dr NE
Towne Lakes, Albertville, MN Local Guide

How much does it cost to rent an apartment in Towne Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Towne Lakes Studio Apartments | $1,381 | $1,330 | $1,432 |
| Towne Lakes 1 Bedroom Apartments | $1,540 | $1,075 | $1,959 |
| Towne Lakes 2 Bedroom Apartments | $1,717 | $1,200 | $2,270 |
| Towne Lakes 3 Bedroom Apartments | $1,981 | $1,525 | $2,595 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Towne Lakes Neighborhood of Albertville, MN.
See all Apartments in AlbertvilleExplore Albertville
Cheapest Available Towne Lakes Apartments for Rent
 The cheapest available apartment rental in the Towne Lakes area of Albertville, MN is a 3 Beds unit found at Pheasant Ridge Apartments priced from $1,210. Cornerstone Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,328. Here are the most affordable Towne Lakes apartments for rent in Albertville, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pheasant Ridge Apartments | 3 Bedroom - N/A | 3BR,1BA | $1,210 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1,328 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1,475 |
| The Dylan | Tranquil Den | 2BR,2BA | $1,912 |
| The Preserve at Albertville | D1 - Traverse | 3BR,2BA | $2,962 |
Best Value Apartments for Rent in Towne Lakes, MN
As of June 11, 2026 the best value apartment in the Towne Lakes area is the $2.04 price per square foot D1 - Traverse Model at The Preserve at Albertville in the in the Meadow Pond neighborhood starting from $2,962. The second greatest value Towne Lakes 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 Towne Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Preserve at Albertville | D1 - Traverse | 3BR,2BA | $2.04 |
| Cornerstone Village | 2 Bedroom | 2BR,2BA | $1.59 |
| Pheasant Ridge Apartments | 3 Bedroom - N/A | 3BR,1BA | $1.21 |
| The Dylan | Tranquil Den | 2BR,2BA | $2.08 |
| Bedford Apartments | 2 BR/1 BA | 2BR,1BA | $1.67 |
Frequently Asked Questions about Cheap Towne Lakes Apartments
What types of apartments are the cheapest in Towne Lakes?
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 5 regular apartments in Towne Lakes 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 Towne Lakes?
Cheap apartments in Towne Lakes have an average cost of $647 which is $1,263 cheaper than the average rent for all rentals in Towne Lakes.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.