Bedroom count

Property type

Last updated on May 1, 2026

Average rent in
Albany, MN

Last updated on May 1, 2026

Last updated on May 1, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Albany, MN is $1,325. This is -32%, or $624, lower than the national average.

$1.56

average price per square foot

Median rent

$1,325

increased by46%
over the previous yearvs previous year

Total rentals

9

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Albany, MN is $1,325. This is -32%, or $624, lower than the national average.

$1.56

average price per square foot

Rent ranges

8%
54%
23%
8%
8%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

Households

76%
24%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

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 price trends in
Albany, MN

Rent price trends

Rent prices for all bedroom counts and property types in Albany, MN have remained the same in the last month and have increased by 46% in the last year.

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

Rent comparables in
Albany, MN

The monthly rent for an apartment in Albany, MN is $1,495. A 1-bedroom apartment in Albany, MN costs about $1,265 on average, while a 2-bedroom apartment is $1,135. Houses for rent in Albany, MN are about the same, with an average monthly cost of $1,500.

Comparables

1 bedroom

$1,270

-

-

2 bedroom

$1,499

1%

54%

3 bedroom

$1,439

33%

-

4 bedroom

$1,400

-

-

Studio

$1,080

-

-

Studio

Average rent

$1,080

1 bedroom

Average rent

$1,270

2 bedroom

Average rent

$1,499

Last 30 days

1%

Last year

54%

3 bedroom

Average rent

$1,439

Last 30 days

33%

4 bedroom

Average rent

$1,400

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.

Compare rent prices in Albany, MN to other cities

Median rent prices in Albany, MN for all bedroom counts and property types compared to Annandale, MN.

Albany

Median rent price$1,325
decreased by32%

lower than the national median

Median rent price$1,508
decreased by23%

lower than the national median

Takeaway

The median rent for all rentals in Albany, MN is 12% lower than the median rent in Annandale, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

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

Average rent in
Nearby cities

Explore rent trends in other markets

Annandale

$1,508

increased by18%

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Cold Spring

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decreased by17%

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$1,185

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Litchfield

$1,099

increased by27%

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Maple Lake

$1,425

increased by44%

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Melrose

$1,392

decreased by15%

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Milaca

$1,006

increased by6%

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Norwood Young America

$1,495

N/A

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$1,145

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Paynesville

$1,162

increased by85%

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Spicer

$1,150

increased by18%

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Winsted

$1,425

increased by42%

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Apartments for rent in Albany