Last updated on September 14, 2026

Average rent in
Albany, MN

Median rent

Median rent in Albany

$1,251/mo

The average rent in Albany is $1,251 per month as of September 2026. This is 34% below the national average rent, or $649 less per month.

$1.14

average price per square foot

Total rentals

Available rentals in Albany

10

for rent on Zumper.com as of September 2026

Rent price distribution

Share of Albany rentals at each price point

70%53%35%18%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

This report has limited data.Due a shortage of data for this selected bedroom and/or property type in Albany, MN, in the last 30 days, rent estimates may not represent the actual market.

Rent trends in Albany, MN

Average rent prices in Albany have remained the same over the last month.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Albany, MN

Rent prices in Albany vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Albany is $1,300, whereas a house costs $2,425. 1-bedroom apartments in Albany run $1,265 on average, while 2-bedroom apartments are $1,300.

Listings

Studio

$1,025

-

-

1 bedroom

$1,230

-

-

2 bedroom

$1,410

No Change

-

3 bedroom

$1,695

33%

-

4 bedroom

$2,590

-

-

Studio

Average rent

$1,025

1 bedroom

Average rent

$1,230

2 bedroom

Average rent

$1,410

3 bedroom

Average rent

$1,695

Last 30 days

33%

4 bedroom

Average rent

$2,590

The table above reflects average rent prices in Albany, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Albany, MN compare to other cities?

Compare median rent prices in Albany and Annandale by all bedroom counts and property types.

Albany

Median rent price$1,251
decreased by34%

lower than the national median

Median rent price$1,615
decreased by15%

lower than the national median

Takeaway

The median rent for all rentals in Albany, MN is 23% lower than the median rent in Annandale, MN.

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Frequently asked questions for Albany, MN

Quick answers to common questions about the Albany rental market.

How much is rent in Albany?

The average rent in Albany is $1,251 per month as of September 12, 2026.

Is rent up or down in Albany?

Average rent prices in Albany have remained the same over the last month.

How does Albany rent compare to the national average?

Rent in Albany is 34% below the national average, which means renters are paying approximately $649 less per month.

What salary do I need to afford rent in Albany?

To comfortably afford rent in Albany, you'd need to earn approximately $50,000/year, based on spending no more than 30% of your income on rent.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Albany