2-Bedroom Apartment Rent in Albert Lea, MN
Median asking rent for a 2-bedroom apartment in Albert Lea, Minnesota as of March 2026. That's +3% lower than the citywide median of $963 and +44% below the national 2-bedroom median of $1,655.
Income needed for a 2-bedroom in Albert Lea
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.
Rent by apartment size in Albert Lea
Compare Albert Lea's median rent across every apartment size.
Cheapest cities for a 2-bedroom in Minnesota
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Albert Lea (this page) | $930 |
| 2 | Winona | $950 |
| 3 | Moorhead | $1,040 |
| 4 | Owatonna | $1,040 |
| 5 | Austin | $1,050 |
| 6 | Bemidji | $1,090 |
| 7 | Waseca | $1,090 |
| 8 | Waite Park | $1,200 |
| 9 | Duluth | $1,236 |
| 10 | Mankato | $1,250 |
| 11 | Saint Cloud | $1,273 |
| 12 | Victoria | $1,273 |
| 13 | Rochester | $1,368 |
| 14 | Anoka | $1,401 |
| 15 | Northfield | $1,460 |
Most expensive cities for a 2-bedroom in Minnesota
| # | City | 2-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $2,280 |
| 2 | Maple Grove | $2,205 |
| 3 | Eden Prairie | $2,170 |
| 4 | Lakeville | $2,140 |
| 5 | Cottage Grove | $2,130 |
| 6 | Edina | $2,100 |
| 7 | Blaine | $2,085 |
| 8 | Brooklyn Park | $2,065 |
| 9 | Plymouth | $2,063 |
| 10 | Savage | $2,030 |
| 11 | Rosemount | $2,030 |
| 12 | Minnetonka | $2,000 |
| 13 | Wayzata | $1,924 |
| 14 | Saint Louis Park | $1,910 |
| 15 | Apple Valley | $1,910 |
Nearby cities — 2-bedroom rent
Most nearby cities have similar or higher 2-bedroom rents than Albert Lea.
| City | Distance | 2-Bedroom rent | vs Albert Lea |
|---|---|---|---|
| Austin, MN | 23.2 mi | $1,050 | +$120 (+13%) |
| Owatonna, MN | 28.3 mi | $1,040 | +$110 (+12%) |
| Waseca, MN | 30.6 mi | $1,090 | +$160 (+17%) |
| Mankato, MN | 55.5 mi | $1,250 | +$320 (+34%) |
| Northfield, MN | 56.8 mi | $1,460 | +$530 (+57%) |
| Rochester, MN | 65 mi | $1,368 | +$438 (+47%) |
| Lakeville, MN | 67.8 mi | $2,140 | +$1,210 (+130%) |
| Prior Lake, MN | 70.8 mi | $1,710 | +$780 (+84%) |
| Apple Valley, MN | 75 mi | $1,910 | +$980 (+105%) |
| Burnsville, MN | 75.5 mi | $1,835 | +$905 (+97%) |
| Savage, MN | 75.7 mi | $2,030 | +$1,100 (+118%) |
| Rosemount, MN | 76.3 mi | $2,030 | +$1,100 (+118%) |
2-Bedroom rent in Albert Lea — common questions
How much is a 2-bedroom apartment in Albert Lea?
As of March 2026, the median 2-bedroom apartment rent in Albert Lea, Minnesota is $930 per month. This is +3% below the citywide median of $963.
What income do you need to afford a 2-bedroom in Albert Lea?
Using the standard 30% rent-to-income rule, you would need an annual income of about $37,200 ($3,100/month gross), which works out to roughly $17.88/hour at a full-time job.
Is Albert Lea expensive for a 2-bedroom compared to the rest of the US?
Albert Lea's 2-bedroom median of $930 is +44% below the national 2-bedroom median of $1,655. It ranks in the 3th percentile of US cities tracked.
How does Albert Lea rank for 2-bedroom rent in Minnesota?
Among the 68 cities in Minnesota with 2-bedroom data, Albert Lea ranks #1 from cheapest to most expensive.
Are there cheaper 2-bedroom options near Albert Lea?
Most nearby cities have similar or higher 2-bedroom rents than Albert Lea.