Rentometer, Inc. | Data as of 12/04/2025
Albert Lea’s rental market offers a balanced mix of single‑family homes and modern apartments, catering to a diverse range of renters seeking the comfort of the Midwest. Prospective tenants will find that one‑bedroom apartments typically rent in the $1070s, while two‑bedroom units trend toward the $1300 range, reflecting the city’s affordable yet quality‑focused housing landscape. Whether you’re looking for a quiet suburban house or a conveniently located apartment, the local market provides options that suit families, young professionals, and retirees alike, all within a welcoming community environment.
The city’s neighborhoods each bring their own charm: the historic downtown district boasts walkable streets, boutique shops, and the scenic Albert Lea River, while the Eastside area offers newer developments close to schools and parks such as Island Lake County Park. Proximity to attractions like the Freeborn County Historical Museum and the vibrant local arts scene adds to the appeal for renters seeking both leisure and convenience. Albert Lea rentals combine competitive pricing with a high quality of life, making the area an attractive destination for anyone looking to call this friendly Minnesota city home.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,071 | $1,195 | $625 - $1,415 | $745 - $1,375 |
| Apartment | 2 Bedroom | $1,313 | $1,490 | $845 - $1,900 | $850 - $1,745 |
In the current period, the average rent in Albert Lea was
$1,009 for 1 Bedroom, and
$1,263 for 2 Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.