Albert Lea, MN rental market

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Last updated August 5, 2025

Rental market summary

The average rent for all bedrooms and all property types in Albert Lea, MN is $850.

Average rent

$850

Month-over-month change

-$50

Year-over-year change

-$150

Available rentals

20

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $625 to $2,500.

Rent frequencies
Rent priceNumber of rental properties
$6002
$7005
$8007
$9003
$1,1001
$1,2002
$1,3002
$1,9001
$2,0001
$2,4001
$2,500+1

Average rent price over time

In the last year, rent has decreased by $150 compared to the previous year.

Average rent price over time
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$950No data
Oct$950No data
Nov$943No data
Dec$925No 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 60% lower than the national average.

Albert Lea, MNvs.

$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.

Zip codes in Albert Lea, MN