Apartments in 56007

1 - 8 of 8 Results
21
$745
204 E Front St Albert Lea, MN
2 BR | Available Now
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Townhome
Income Restricted
Section 8
Air Conditioning
Dishwasher
1
$1,249
705 E 18Th St. Albert Lea, MN
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
17
$800 - 2,325
1619 W Main St Albert Lea, MN
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Dishwasher
1
$1,100
1035 Virginia Pl Albert Lea, MN
2 BR | Feb. 10, 2025
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Dog Friendly
Cat Friendly
House
Dishwasher
10
$1,100
Albert Lea, MN
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
1
$995
507 Giles Pl Albert Lea, MN
2 BR | Available Now
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Dog Friendly
House
1
$575
710 S Washington Ave Albert Lea, MN
1 BR | Available Now
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Storage
0
$540
Albert Lea, MN
Studio | Available Now
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Dog Friendly
Cat Friendly
1 - 8 of 8 Results
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How much does it cost to rent an apartment in 56007?

56007 apartments
Bed Type Average Rent Range
Studio $540 $540 - $540
1BR $1,000 $740 - $2,000
2BR $1,790 $780 - $2,280
3BR $1,250 $1,250 - $1,250
Find an Apartment in 56007
Looking for apartments for rent in 56007, Albert Lea, MN? You're in luck! Rentable currently has 44 units available in this area. The average rent for apartments in 56007 is estimated to be $1,250, and you can find studio units starting at just $540.

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:
December Rent Report

Welcome to the December 2024 Albert Lea Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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

$1,850
$1,390
$930
$460
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Albert Lea Rent Prices Increase From November to December

Albert Lea rent prices increased over the last month. From November to December, the city experienced a 2.3% increase for the price of a one-bedroom apartment. The rent price for a Albert Lea one-bedroom apartments currently stands at $891.0.

When we take a look at the two-bedroom comparison from November to December, Albert Lea experienced a 0.0% decrease for the price of a two-bedroom apartment. The rent price for a Albert Lea two-bedroom apartments currently stands at $1,785.0.

December Prices: Albert Lea vs. Surrounding Areas

Rent Prices in Albert Lea and Surrounding Areas

Rent prices have increased 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.

December 2024 Pricing Trends: Albert Lea vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$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 on the rise. 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 December 1 BR M/M % Change 2 BR December 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.