Bedroom count
Property type
Last updated on July 31, 2026
Average rent in
Albany, MN
Average rent in
Last updated on July 31, 2026
Bedroom count
Property type
Median rent
Median rent in Albany
$947/mo
vs previous year
The average rent in Albany is $947 per month as of July 2026. This is 51% below the national average rent, or $982 less per month.
average price per square foot
Total rentals
Available rentals in Albany
9
for rent on Zumper.com as of July 2026
Rent price distribution
Share of Albany rentals at each price point
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 $1,285, whereas a house costs $2,312. 1-bedroom apartments in Albany run $1,265 on average, while 2-bedroom apartments are $1,300.
Listings | ||||
|---|---|---|---|---|
Studio | $1,020 | - | - | |
1 bedroom | $1,240 | - | - | |
2 bedroom | $1,500 | No Change | No Change | |
3 bedroom | $1,725 |  33% | - | |
4 bedroom | $2,700 | - | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Albany, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,285 | No Change | No Change | |
Houses | $2,312 | - | No Change |
Studio
Average rent
$1,020
1 bedroom
Average rent
$1,240
2 bedroom
Average rent
$1,500
3 bedroom
Average rent
$1,725
Last 30 days
33%
4 bedroom
Average rent
$2,700
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Albany, MN.
Apartments
Average rent
$1,285
Houses
Average rent
$2,312
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
51%lower than the national median
22%lower than the national median
Takeaway
The median rent for all rentals in Albany, MN is 37% lower than the median rent in Annandale, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,508
19%$1,475
19%$1,345
4%$972
4%$1,587
$1,560
61%$1,045
$2,095
60%$2,395
$1,395
$1,099
8%$1,419
15%Stay up to date with rental market insights
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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 $947 per month as of July 25, 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 51% below the national average, which means renters are paying approximately $982 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 $38,000/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).