StayRentalsStayRentals

Affordable apartments in Albert Lea, Minnesota

7 income-restricted buildings tracked here, drawn from HUD's LIHTC, Section 8, Section 202, and Section 811 datasets. Map, eligibility tiers, and Fair Market Rent below.

1 section 81 section 2025 lihtc

Buildings

Senior Court-Senior Tower

Section 8
915 Maplehill Drive, Albert Lea, MN, 56007
Income-restricted units
113 of 152
Year placed in service
Not reported

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

Senior Court-Senior Tower

Section 202
915 Maplehill Drive, Albert Lea, MN, 56007
Income-restricted units
113 of 152
Year placed in service
Not reported

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

TRAILSIDE APARTMENTS

LIHTC
MULTIPLE BUILDING ADDRESSES, ALBERT LEA, MN, 56007
Income-restricted units
108 of 110
Year placed in service
2007
Bedroom mix
55 1BR · 43 2BR · 12 3BR

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

NORTHBRIDGE APTS

LIHTC
802 TROY RD, ALBERT LEA, MN, 56007
Income-restricted units
48 of 48
Year placed in service
1990

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

GRAY GABLES APARTMENTS

LIHTC
MULTIPLE BUILDING ADDRESSES, ALBERT LEA, MN, 56007
Income-restricted units
44 of 45
Year placed in service
1996
Bedroom mix
8 1BR · 26 2BR · 14 3BR

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

THE LOFTS AT LEA CENTER

LIHTC
139 WILLIAMS E, ALBERT LEA, MN, 56007
Income-restricted units
37 of 37
Year placed in service
2006
Bedroom mix
22 1BR · 15 2BR

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

PICKEREL PARK TOWNHOMES

LIHTC
MULTIPLE BUILDING ADDRESSES, ALBERT LEA, MN, 56007
Income-restricted units
23 of 24
Year placed in service
2001
Bedroom mix
12 2BR · 12 3BR

Estimated total housing cost: $814 rent + $117 utilities = $931/mo

Contact property management for current availability. Waitlists may apply.

Map

Each pin is one income-restricted building. Color-coded by program. Click a pin for details.

Loading map…

Energy costs in Minnesota

Residential electricity in Minnesota runs about 15.95¢/kWh, with a typical monthly residential electric bill near $117. Natural gas runs about $12.68/Mcf. Add this to rent when you compare buildings; it can shift total monthly housing cost by 10–20%.

Source: U.S. Energy Information Administration, retail-sales (electricity) and natural gas residential pricing series, 12-month rolling average.

Check your affordability tier

Enter your annual household income, household size, and zip code. We’ll show which HUD AMI tier you qualify for and what Fair Market Rent looks like in your area.

Fair Market Rent for Albert Lea, MN

Metro-level
BedroomsLocal FMRNational median
Studio$692n/a
1 bedroom$773n/a
2 bedroom$814$1,502
3 bedroom$1,058n/a
4 bedroom$1,221n/a

Fair Market Rent is HUD’s annual benchmark for the cost of rental housing in a given area. Source label: median_rent_proxy.

HUD income limits : Freeborn County, MN

FY2025. Area median income: $94,200.

Household size30% AMI50% AMI80% AMI
1 person$20,000$33,350$53,350
2 people$22,850$38,100$60,950
3 people$26,650$42,850$68,550
4 people$32,150$47,600$76,150
5 people$37,650$51,450$82,250
6 people$43,150$55,250$88,350
7 people$48,650$59,050$94,450
8 people$54,150$62,850$100,550

HUD calculates income limits per household size relative to the area’s median family income. Properties may serve renters in any combination of these tiers; eligibility is determined per program.

Affordable rentals in nearby Minnesota cities

See all affordable-rental cities in Minnesota

About this listing. Buildings shown serve income-restricted households across HUD program tiers. We do not show vacancy or pricing for individual units. Always contact the property directly for current availability; many income-restricted buildings maintain waitlists measured in months or years.

See also: Albert Lea cost-of-living and Fair Market Rent overview