1. Home

Albert Lea, MN Houses For Rent

Beds

49 Properties

Average Rent in Albert Lea, MN

Avg. RentAnnual Change
Albert Lea 1 Bed - $750+70%
Albert Lea 2 Beds - $850+40%
Last updated 6/22/2024

Search by Property Type

Local Guide

See what Albert Lea, MN has to offer.

Local Reviews

It is very close to my work. I am very close to all kinds of restaurants and things to do. We have parks and water places to go to, there is just so much to do here but I want to explore in the summer months

Walk to all. CITY lifestyle high rise, but sidewalk cafes, like smaller town.near art galleries, entertainment and theatre all walkable

It'q quiet, clean, neighbors know each other and look out for each other. Nothing unique since that is how America is supposed to be, at least it's the way things were when America hadn't lost its mind.

Neighborhood is close to many restaurants and the Bay to Gulf of Mexico. I would recommend the neighborhood to others as a great place to live.

The majority of the residents where I live are elderly, friendly, self-sufficient people who are readily available with a smile and a friendly greeting. The locale is perfect whereby I am able to walk to restaurants (with varied ethnic cuisines), bars and shops and if I don't feel like walking the county bus line is only feet away and runs all day long.

There's a little park nearby with two nice sized ball fields and a volleyball place which is nice to hang out at.

Demographics

Education

High School

49%

Associate's

35%

Bachelor's

12%

Master's

3%

Doctorate

0%

Family Size

2 people

51%

3 people

19%

4 people

18%

5 people

7%

6+ people

5%

Household Income

0-50k

54%

50-100k

32%

100-150k

10%

150-200k

3%

200k+

1%

Age

0-10

13%

10-20

11%

20-45

29%

45-65

25%

65+

22%

Affordability

Percentage: 4/54/5

Renters gave this area a 4 out of 5 for affordability

Last updated 6/22/2024

*The rent information included in this summary is based on a median calculation of multifamily rental property inventory on Apartment Guide and Rent.com over the past 12-months and is for illustrative purposes only. This information does not constitute a pricing guarantee or financial advice related to the rental market.

Rent Trends

Average rent in Albert Lea, MN

In Albert Lea, MN, as of 2024, the average rent for apartments ranges from $750 to $850. For those seeking a 1-bedroom apartments, the average rent is $750. And for a 2-bedroom apartment, renters can expect to pay an average of $850.

Annual Rent Change Over the Past 12 Months

1 Bed

+70%

Changed from $441 to $750
2 Beds

+40%

Changed from $607 to $850
Last updated 6/22/2024

Rent Ranges

Apartment PricesProportion
19%
69%
13%
0%
0%

Compare Other Cities

CityStudio Avg RentAnnual Change
Austin$890+12%
Mankato$850--
City1 Bed Avg RentAnnual Change
Mankato$1,474+23%
Austin$1,326+6%
Stewartville$1,2000%
Mason City$1,1050%
North Mankato$974+9%
Owatonna$780-19%
Blooming Prairie$750--
City2 Beds Avg RentAnnual Change
Mankato$1,974+58%
Austin$1,540-4%
Stewartville$1,219-26%
Mason City$1,180-33%
Byron$1,150--
North Mankato$1,074+14%
Owatonna$945-21%

Transportation

Commute Time

0-15 Mins

60%

15-30 Mins

23%

30-40 Mins

8%

40-60 Mins

5%

60+ Mins

5%

Transportation Scores

Percentage: 2929

Walk Score®

Walkable

No

Say 3 of 5 renters

Has Sidewalks

No

Say 3 of 5 renters

Percentage: 4646

Bike Score®

Bike Friendly

No

Say 3 of 5 renters

Area Features

Busy Streets

No

Say 4 of 5 renters

Noise Late At Night

No

Say 4 of 5 renters

Area Has Litter

No

Say 4 of 5 renters

Mostly Older Buildings

No

Say 3 of 5 renters

Near Grocery Stores

Yes

Say 3 of 5 renters

Pet Friendly

Yes

Say 3 of 5 renters

Quiet Area

Yes

Say 3 of 5 renters

Good Place To Raise A Family

Yes

Say 3 of 5 renters

Safe For Families

Yes

Say 3 of 5 renters

Area Has Kids Play Outside

No

Say 3 of 5 renters

Near Downtown

No

Say 3 of 5 renters

Near Highways

No

Say 3 of 5 renters

Area Has Potholes

Yes

Say 3 of 5 renters

Well Lit

No

Say 3 of 5 renters

Mostly Newer Buildings

No

Say 4 of 5 renters

Nearby Parks

No

Say 4 of 5 renters

Near Schools

No

Say 4 of 5 renters

Nice Views

No

Say 4 of 5 renters

Tree Lined Streets

No

Say 4 of 5 renters

Maintained Yards

No

Say 4 of 5 renters

Schools

Percentage: 3/53/5

School Score

How satisfied do renters feel with the schools in this area.

Top Schools in Albert Lea

Information provided by GreatSchools. To verify school enrollment eligibility, contact the school district directly.

Find Houses in Nearby Cities

City1 Bed Price2 Beds Price
Austin, MN 19.7 miles$1,326$1,540
Clarks Grove, MN 8.2 miles------
Blooming Prairie, MN 21.9 miles$750---
Wells, MN 19.2 miles------
New Richland, MN 18.1 miles------
Minnesota Lake, MN 26.7 miles------
Northwood, IA 15.9 miles------
Ellendale, MN 15.9 miles------
Freeborn, MN 12.7 miles------
Hayward, MN 6.2 miles------