Albany, MN rental market

What is the average rent in Albany, MN?

Choose another area

Last updated June 24, 2026

Rental market summary

The average rent for all bedrooms and all property types in Albany, MN is $1,500.

Average rent

$1,500

Month-over-month change

$0

Year-over-year change

+$590

Available rentals

2

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $1,500 to $1,500.

Loading
Rent frequencies
Rent priceNumber of rental properties
$1,4001
$1,500+1

Average rent price over time

In the last year, rent has increased by $590 compared to the previous year.

Loading
Average rent price over time
Last year (2025)This year (2026)
Jan$1,350$1,500
Feb$1,104$1,500
Mar$1,104No data
Apr$1,104No data
May$910No data
Jun$1,000No data
Jul$910No data
Aug$1,000No data
Sep$1,000No data
Nov$1,475No data

Market temperature

The Albany, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Albany, MN is 25% lower than the national average.

Albany, MNvs.

$1,500

$2,010

Rent in Albany, MN

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Post a rental listing

Easy-to-use tools let you list your property where millions of renters search each month. Plus, messaging and tenant screening are integrated into our listing platform to help you find and screen applicants faster.

Get startedLearn more

Frequently asked questions

1. What is the average rent in Albany, MN?

The average rent in Albany, MN is $1,500.

2. What is the average rent for a three-bedroom apartment in Albany, MN?

The average rent for a three-bedroom apartment in Albany, MN is $1,500 per month.

3. How much does it cost to rent a house in Albany, MN?

Houses in Albany, MN rent between $1,500 - $1,500 with an average rent of $1,500.

4. How has the rent in Albany, MN changed in the last year?

In the last year, the rent in Albany, MN increased by $590

5. How much has the rent in Albany, MN increased/decreased in the last month?

In the last month, the rent in Albany, MN did not change.

6. How many available rentals are there in Albany, MN?

There are currently 2 rentals available in Albany, MN.

7. How do rent prices in Albany, MN compare with the national average?

The average rent in Albany, MN is $1,500 — 25.37% lower the national average of $2,010.

Zip codes in Albany, MN

© 2026 Zillow Group, Inc. and its subsidiaries. All rights reserved.
Privacy NoticeAd Choices