Studio Apartment Rent in Albert Lea, MN
Median asking rent for a studio apartment in Albert Lea, Minnesota as of March 2026. That's +34% lower than the citywide median of $963 and +50% below the national studio median of $1,290.
Income needed for a studio 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 studio 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 studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Albert Lea (this page) | $640 |
| 2 | Winona | $700 |
| 3 | Moorhead | $710 |
| 4 | Austin | $720 |
| 5 | Owatonna | $730 |
| 6 | Bemidji | $800 |
| 7 | Waseca | $830 |
| 8 | Duluth | $848 |
| 9 | Waite Park | $890 |
| 10 | Saint Cloud | $940 |
| 11 | Rochester | $1,010 |
| 12 | Mankato | $1,030 |
| 13 | Anoka | $1,050 |
| 14 | Buffalo | $1,060 |
| 15 | Northfield | $1,060 |
Most expensive cities for a studio in Minnesota
| # | City | Studio rent |
|---|---|---|
| 1 | Woodbury | $1,650 |
| 2 | Maple Grove | $1,600 |
| 3 | Eden Prairie | $1,570 |
| 4 | Lakeville | $1,550 |
| 5 | Cottage Grove | $1,540 |
| 6 | Edina | $1,520 |
| 7 | Blaine | $1,510 |
| 8 | Plymouth | $1,495 |
| 9 | Brooklyn Park | $1,495 |
| 10 | Savage | $1,470 |
| 11 | Rosemount | $1,470 |
| 12 | Minnetonka | $1,450 |
| 13 | Robbinsdale | $1,427 |
| 14 | Saint Louis Park | $1,385 |
| 15 | Vadnais Heights | $1,380 |
Nearby cities — studio rent
Most nearby cities have similar or higher studio rents than Albert Lea.
| City | Distance | Studio rent | vs Albert Lea |
|---|---|---|---|
| Austin, MN | 23.2 mi | $720 | +$80 (+13%) |
| Owatonna, MN | 28.3 mi | $730 | +$90 (+14%) |
| Waseca, MN | 30.6 mi | $830 | +$190 (+30%) |
| Mankato, MN | 55.5 mi | $1,030 | +$390 (+61%) |
| Northfield, MN | 56.8 mi | $1,060 | +$420 (+66%) |
| Rochester, MN | 65 mi | $1,010 | +$370 (+58%) |
| Lakeville, MN | 67.8 mi | $1,550 | +$910 (+142%) |
| Prior Lake, MN | 70.8 mi | $1,240 | +$600 (+94%) |
| Apple Valley, MN | 75 mi | $1,380 | +$740 (+116%) |
| Burnsville, MN | 75.5 mi | $1,330 | +$690 (+108%) |
| Savage, MN | 75.7 mi | $1,470 | +$830 (+130%) |
| Rosemount, MN | 76.3 mi | $1,470 | +$830 (+130%) |
Studio rent in Albert Lea — common questions
How much is a studio apartment in Albert Lea?
As of March 2026, the median studio apartment rent in Albert Lea, Minnesota is $640 per month. This is +34% below the citywide median of $963.
What income do you need to afford a studio in Albert Lea?
Using the standard 30% rent-to-income rule, you would need an annual income of about $25,600 ($2,133/month gross), which works out to roughly $12.31/hour at a full-time job.
Is Albert Lea expensive for a studio compared to the rest of the US?
Albert Lea's studio median of $640 is +50% below the national studio median of $1,290. It ranks in the 1th percentile of US cities tracked.
How does Albert Lea rank for studio rent in Minnesota?
Among the 66 cities in Minnesota with studio data, Albert Lea ranks #1 from cheapest to most expensive.
Are there cheaper studio options near Albert Lea?
Most nearby cities have similar or higher studio rents than Albert Lea.