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Apartments in 56007

1 - 8 of 8 Results
16
Call for Pricing
Trailside Apartments
4.6
204 E Front St Albert Lea, MN
1 - 2 BR | Available Now
Contact
Heat Included
Dog Friendly
Cat Friendly
Senior Community
Income Restricted
21
Call for Pricing
Trailside Townhomes
4.6
204 E Front St Albert Lea, MN
1 - 3 BR | Available Now
Contact
Townhome
Income Restricted
Section 8
Air Conditioning
Dishwasher
6
$665
Northbridge Apartments
3.2
802 Troy Rd Albert Lea, MN
2 BR | Available Now
Contact
Heat Included
Income Restricted
Section 8
Air Conditioning
17
$800 - 2,325
Northwest Development Group, Llc (skye)
1619 W Main St Albert Lea, MN
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
13
$900
2 Bedroom 1 Bath House
317 E 8Th St Albert Lea, MN
2 BR | May. 10, 2024
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
8
$1,050
2 Bedroom 1.5 Bath House
603 Cherry Ave Albert Lea, MN
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
9
$1,200
814 S 1st Ave
Albert Lea, MN
3 BR | Jun. 7, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
8
$1,200
201 E 7th St
Albert Lea, MN
2 BR | Available Now
Contact
Dog Friendly
House
1 - 8 of 8 Results
  1. Home
  2. Albert Lea
  3. 56007

How much does it cost to rent an apartment in 56007?

56007 apartments
Bed Type Average Rent Range
Studio $800 $800 - $1,320
1BR $890 $830 - $900
2BR $1,400 $930 - $2,260
Frequently Asked Questions

How many apartments are available in 56007 on Rentable.co?

Rentable.co has 8 apartments available for rent in 56007.

What is the average rent for an apartment in 56007?

The average rent for an apartment in 56007 is around $900 per month.

What is the average rent for a one-bedroom apartment in 56007?

The average rent for a one-bedroom apartment in 56007 is around $890 per month.

What is the average rent for a two-bedroom apartment in 56007?

The average rent for a two-bedroom apartment in 56007 is around $1,395 per month.

What is the average rent for a studio apartment in 56007?

The average rent for a studio apartment in 56007 is around $800 per month.

Find an Apartment in 56007
Looking for apartments for rent in 56007, Albert Lea, MN? You're in luck! Rentable currently has 56 units available in this area. The average rent for apartments in 56007 is estimated to be $900, and you can find studio units starting at just $800.

If you're interested in apartments near 56007, take a look at Rentable's listings and find the perfect place to call home. With a range of options available, you're sure to find an apartment that fits your needs and budget.

Albert Lea:
May Rent Report

Welcome to the May 2024 Albert Lea Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Albert Lea rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Albert Lea and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Albert Lea average rent prices in the chart below.

Monthly Rent Report

$1,350
$1,010
$680
$340
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Albert Lea Rent Prices Decrease From April to May

Albert Lea rent prices decreased over the last month. From April to May, the city experienced a -8.69% decrease for the price of a one-bedroom apartment. The rent price for a Albert Lea one-bedroom apartments currently stands at $1,167.0.

When we take a look at the two-bedroom comparison from April to May, Albert Lea experienced a 29.24% increase for the price of a two-bedroom apartment. The rent price for a Albert Lea two-bedroom apartments currently stands at $1,074.0.

May Prices: Albert Lea vs. Surrounding Areas

Rent Prices in Albert Lea and Surrounding Areas

Rent prices have decreased in Albert Lea over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Albert Lea suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Albert Lea suburbs

  • Rents did not decrease in any of the Albert Lea suburbs.

May 2024 Pricing Trends: Albert Lea vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Albert Lea Rent Prices More Affordable Than Major Cities

Rent growth in Albert Lea over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Albert Lea average rent prices appear to be relatively affordable for local residents.

The price for a Albert Lea one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Albert Lea and surrounding area rent prices, take a look at the complete data set below.

Data set for Albert Lea and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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