Albert Lea, MN rental market
Last updated August 5, 2025
Rental market summary
The average rent for all bedrooms and all property types in Albert Lea, MN is $850.
$850
-$50
-$150
20
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $625 to $2,500.
Rent price | Number of rental properties |
---|---|
$600 | 2 |
$700 | 5 |
$800 | 7 |
$900 | 3 |
$1,100 | 1 |
$1,200 | 2 |
$1,300 | 2 |
$1,900 | 1 |
$2,000 | 1 |
$2,400 | 1 |
$2,500+ | 1 |
Average rent price over time
In the last year, rent has decreased by $150 compared to the previous year.
Last year (2024) | This year (2025) | |
---|---|---|
Jan | $995 | $900 |
Feb | $995 | $950 |
Mar | $950 | $900 |
Apr | $925 | $950 |
May | $1,000 | $920 |
Jun | $995 | $975 |
Jul | $1,000 | $900 |
Aug | $900 | $895 |
Sep | $950 | No data |
Oct | $950 | No data |
Nov | $943 | No data |
Dec | $925 | No 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.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Albert Lea, MN is 60% lower than the national average.
$850
$2,100
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Frequently asked questions
1. What is the average rent in Albert Lea, MN?
The average rent in Albert Lea, MN is $850.
2. How much does it cost to rent a house in Albert Lea, MN?
Houses in Albert Lea, MN rent between $625 - $2,500 with an average rent of $850.
3. 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 $150
4. 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
5. How many available rentals are there in Albert Lea, MN?
There are currently 20 rentals available in Albert Lea, MN.
6. How do rent prices in Albert Lea, MN compare with the national average?
The average rent in Albert Lea, MN is $850 — 59.52% lower the national average of $2,100.