Albert Lea, MN rental market

What is the average rent in Albert Lea, MN?

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Last updated April 30, 2026

Rental market summary

The average rent for all bedrooms and all property types in Albert Lea, MN is $900.

Average rent

$900

Month-over-month change

-$50

Year-over-year change

-$20

Available rentals

25

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $550 to $1,900.

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Rent frequencies
Rent priceNumber of rental properties
$6003
$7002
$8009
$9007
$1,0001
$1,1003
$1,2001
$1,4002
$1,5001
$1,8001
$1,900+1

Average rent price over time

In the last year, rent has decreased by $20 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$900$900
Feb$950$895
Mar$900$900
Apr$950$950
May$920No data
Jun$975No data
Jul$900No data
Aug$895No data
Sep$860No data
Oct$875No data
Nov$900No data
Dec$895No data

Market temperature

The Albert Lea, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Albert Lea, MN is 55% lower than the national average.

Albert Lea, MNvs.

$900

$2,000

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Rent trends near Albert Lea, MN

Frequently asked questions

1. What is the average rent in Albert Lea, MN?

The average rent in Albert Lea, MN is $900.

2. What is the average rent for a studio apartment in Albert Lea, MN?

The average rent for a studio apartment in Albert Lea, MN is $900 per month.

3. What is the average rent for a one-bedroom apartment in Albert Lea, MN?

The average rent for a one-bedroom apartment in Albert Lea, MN is $825 per month.

4. What is the average rent for a two-bedroom apartment in Albert Lea, MN?

The average rent for a two-bedroom apartment in Albert Lea, MN is $880 per month.

5. What is the average rent for a three-bedroom apartment in Albert Lea, MN?

The average rent for a three-bedroom apartment in Albert Lea, MN is $1,195 per month.

6. What is the average rent for a four-bedroom apartment in Albert Lea, MN?

The average rent for a four-bedroom apartment in Albert Lea, MN is $1,500 per month.

7. How much does it cost to rent a house in Albert Lea, MN?

Houses in Albert Lea, MN rent between $550 - $1,900 with an average rent of $900.

8. How has the rent in Albert Lea, MN changed in the last year?

In the last year, the rent in Albert Lea, MN decreased by $20

9. How much has the rent in Albert Lea, MN increased/decreased in the last month?

In the last month, the rent in Albert Lea, MN decreased by $50

10. How many available rentals are there in Albert Lea, MN?

There are currently 25 rentals available in Albert Lea, MN.

11. How do rent prices in Albert Lea, MN compare with the national average?

The average rent in Albert Lea, MN is $900 — 55% lower the national average of $2,000.

Nearby areas

Zip codes in Albert Lea, MN

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