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Rental Market Trends in Albertville, MN

What is the average rent in Albertville, MN?

$1,252/month

Average Rent

696 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of June 2025, the average rent in Albertville, MN is $1,252 per month. This is 23% lower than the national average rent of $1,628/month, making renting in Albertville more affordable than most cities in the US. When you rent an apartment in Albertville, you can expect to pay about $1,195 per month for a studio, $1,252 for a one-bedroom apartment, and around $1,635 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,675 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,195/month
501 Sq Ft
One Bedroom
$1,252/month
696 Sq Ft
Two Bedroom
$1,635/month
1,008 Sq Ft
Three Bedroom
$2,675/month
1,704 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,967/month
2,037 Sq Ft
Four Bedroom
$3,061/month
2,696 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Albertville, MN?

In the past year, rent has increased by 1.7%, which averages out to $22 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Albertville, MN
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Albertville, MN
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
25% $1,501 - $2,000/month
25% Above $2,000/month

What salary do I need to live comfortably in Albertville, MN?

Because the average rent in Albertville is $1,252, you’ll want to make about $4,173 per month or $50,076 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Albertville, MN

61 Available Apartments for Rent

Search for Nearby Apartments

How does Albertville, MN compare to other nearby cities and neighborhoods?

Use the tool below to compare Albertville, MN to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Apartment Averages

Nearby City Rent Trends

  • Otsego Average Rent
  • Saint Michael Average Rent
  • Rogers Average Rent
  • Elk River Average Rent
  • Monticello Average Rent

Apartment communities in Albertville we think you'll love

The Dylan Apartments - St. Michael's Newes...

The Dylan Apartments - St. Michael's Newes...

11910 Town Center dr,
Saint Michael, MN 55376

Studio - 2 Beds | $1,435 - $1,984

Village at Town Center - St. Michael

Village at Town Center - St. Michael

11811 Frankfort Pky NE,
Saint Michael, MN 55376

1 Bed | $1,395 - $1,545

Kingston Crossings

Kingston Crossings

5400 Kingston Ln NE,
Albertville, MN 55301

1-3 Beds | $1,445 - $2,395

Albertville Meadows

Albertville Meadows

10732 County Road 37 NE,
Albertville, MN 55301

1-3 Beds | Call for Rent

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United States Minnesota Albertville Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity