Average Rent in Albert Lea, MN

Apartments & Houses by Size

Rentometer, Inc. | Data as of 08/19/2026

See what properties are renting for on your street

Go beyond area averages and get accurate rent estimates for any address.

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.

Go beyond averages. Get answers for your property.

  • See what nearby properties rent for

    Real rental listings and comps at the street level

  • Get an instant rent estimate

    Enter any address for an accurate estimate in seconds

  • Generate a Pro Report

    Branded PDF reports for clients, lenders, or owners

  • Analyze areas with confidence

    Compare neighborhoods and trends with powerful data

Albert Lea Rent by Property Type & Bedroom Count

Averages, medians, and ranges across recent rental listings

Property Type Bedrooms Average Median Min – Max 25th – 75th
Apartment Studio $575 $550 $550 – $625 $550 – $625
Apartment 1 Bedroom $799 $790 $625 – $1,045 $635 – $900
Apartment 2 Bedroom $1,151 $1,300 $750 – $1,500 $865 – $1,400

Current rent in Albert Lea (all property types): Studio $575, 1 Bedroom $799, 2 Bedroom $1,113.

See what properties are renting for on your street

Enter an address to instantly view nearby rental comps and get an accurate rent estimate.

  • Real rental listings
  • Street-level data
  • Instant results

Need a professional rent report?

Create branded reports with comps, statistics, and insights.

  • Comparable rental listings
  • Market statistics & trends
  • Branded PDF reports
  • Perfect for clients, lenders & owners

About this data

Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.

If you cite, share, or republish data from this report, please credit Rentometer.

About this data