Cheap Apartments for Rent in Albany, MN from $700 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in Albany.

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Pioneer Pointe
2 Bedroom Apartments

Pioneer Pointe

319 11th Ave SCold Spring, MN 56320
  • Utilities Included

Albany, MN Local Guide

Cheapest Available Albany Apartments for Rent and Nearby

 

The cheapest available apartment rental in Albany, MN is a 1 Bed unit found at Oak Ridge Manor Senior 62+ Apartments priced from $718. Bright River Estates in the Pantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $745. Here is today’s list of the most affordable Albany apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$718
Bright River Estates1B1B - CONTACT FOR AVAILABILITY1BR,1BA$745
Westchester LLC1B1B - CONTACT FOR AVAILABILITY1BR,1BA$750
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$795
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$880
Cypress Court ApartmentsS5Studio,1BA$1,020
The Oaks on 20th1 Bedroom/1 Bath Apartment1BR,1BA$1,050
Countryside TownhomesUnit A3BR,2BA$1,104
Savanna ApartmentsE2BR,2BA$1,150
Parkbury Villa2 Bed/ 1 Bath2BR,1BA$1,170

Best Value Apartments for Rent in Albany, MN and Nearby

As of April 25, 2025 the best value apartment in the Albany area is the $1.30 price per square foot Willow 2 BD - 2.5 BA (R) Model at Rivers Bend Cottage Homes in the starting from $2,375. The second greatest value Albany apartment is the Unit A Model at Countryside Townhomes starting at $1,104 with a $0.80 price per square foot . Here is today’s list of the best values for Albany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rivers Bend Cottage HomesWillow 2 BD - 2.5 BA (R)2BR,2.5BA$1.30
Countryside TownhomesUnit A3BR,2BA$0.80
Wobegon CrossingsHemlock3BR,2BA$1.38
Parkbury Villa2 Bed/ 1 Bath2BR,1BA$1.17
Savanna ApartmentsE2BR,2BA$1.17
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Oak Ridge Manor Senior 62+ ApartmentsOne Bedroom1BR,1BA$0.96
Bright River Estates1B1B - A - CONTACT FOR AVAILABILITY1BR,1BA$1.27
Westchester LLC1B1B - CONTACT FOR AVAILABILITY1BR,1BA$1.20
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$1.30

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Explore Albany, MN Rentals by Map

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Getting Around Albany, MN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Albany Apartments

How much is rent for a Cheap One Bedroom Albany Apartment?

The lowest price for a Cheap One Bedroom Albany Apartment is $718 at Oak Ridge Manor Senior 62+ Apartments.

What is the lowest price for a Cheap Two Bedroom Albany Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Albany is starting from $780 at Westchester LLC.

What is the most affordable Albany Three Bedroom Apartment?

The best deal on a cheap Albany Three Bedroom Apartment rental is at Westwood Village and starts from $1,015.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.