Last updated on June 15, 2026

Average rent in
Albany, MN

Median rent

Median rent in Albany

$1,370/mo

Flat

vs previous year

The average rent in Albany is $1,370 per month as of June 2026. This is 30% below the national average rent, or $580 less per month.

$1.48

average price per square foot

Total rentals

Available rentals in Albany

9

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Albany rentals at each price point

85%64%43%21%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 and have remained the same since last year.

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 $1,370, whereas a house costs $1,600. 1-bedroom apartments in Albany run $1,265 on average, while 2-bedroom apartments are $1,495.

Listings

Studio

$1,190

-

-

1 bedroom

$1,240

-

-

2 bedroom

$1,500

1%

No Change

3 bedroom

$1,439

33%

No Change

4 bedroom

$2,200

-

-

Studio

Average rent

$1,190

1 bedroom

Average rent

$1,240

2 bedroom

Average rent

$1,500

Last 30 days

1%

3 bedroom

Average rent

$1,439

Last 30 days

33%

4 bedroom

Average rent

$2,200

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$1,370
decreased by30%

lower than the national median

Median rent price$1,425
decreased by27%

lower than the national median

Takeaway

The median rent for all rentals in Albany, MN is 4% 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 $1,370 per month as of June 13, 2026.

Is rent up or down in Albany?

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

How does Albany rent compare to the national average?

Rent in Albany is 30% below the national average, which means renters are paying approximately $580 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 $55,000/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