Cheap Apartments for Rent in the Towne Lakes Neighborhood of Albertville, MN from $1,000 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Towne Lakes area of Albertville.

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The Dylan
$1,432 - $2,379
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,417 - $2,364
Required Monthly Fees
$15

Total Monthly Price
$1,432 - $2,379
Studio to 3 Bedroom Apartments Available Now

The Dylan

11910 Town Center drSaint Michael, MN 55376
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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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Cornerstone Village
1 to 3 Bedroom Apartments

Cornerstone Village

40 St Michael PkySaint Michael, MN 55376
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Countryside Cottages
1 to 2 Bedroom Apartments

Countryside Cottages

301-431 Hillcrest Dr SESaint Michael, MN 55376
  • Utilities Included
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Connex Apartments
1 to 3 Bedroom Apartments

Connex Apartments

200 Hillcrest Dr SESaint Michael, MN 55376

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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 ListingModel NameBed/BathPriced From
Pheasant Ridge Apartments3 Bedroom - N/A3BR,1BA$1,210
Cornerstone Village2 Bedroom2BR,2BA$1,328
Bedford Apartments2 BR/1 BA2BR,1BA$1,475
The DylanTranquil Den2BR,2BA$1,912
The Preserve at AlbertvilleD1 - Traverse3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Preserve at AlbertvilleD1 - Traverse3BR,2BA$2.04
Cornerstone Village2 Bedroom2BR,2BA$1.59
Pheasant Ridge Apartments3 Bedroom - N/A3BR,1BA$1.21
The DylanTranquil Den2BR,2BA$2.08
Bedford Apartments2 BR/1 BA2BR,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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.