Rent in Albany, MN
A 2-bedroom in Albany, MN (ZIP 56307) typically rents for about $915 a month, with a range of $915–$1,233. Owner-occupied homes in Stearns County pay about 1.00% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $884 | $884 | 1 |
| 1 bed | $583 | $583–$961 | 1 |
| 2 beds | $915 | $915–$1,233 | 1 |
| 3 beds | $1,656 | $1,656 | 1 |
| 4 beds | $1,225 | $1,225–$1,961 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Albany ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Albany, MN?
- About $915 a month: the median of the typical rents in 1 ZIP code, which range from $915–$1,233. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Albany, MN?
- About $583 a month: the median of the typical rents in 1 ZIP code, which range from $583–$961. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Albany, MN?
- About $1,656 a month: the median of the typical rents in 1 ZIP code, which range from $1,656. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Albany, MN?
- About $884 a month: the median of the typical rents in 1 ZIP code, which range from $884. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Albany, MN?
- About $1,225 a month: the median of the typical rents in 1 ZIP code, which range from $1,225–$1,961. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Albany, MN?
- Owner-occupied homes in Stearns County pay a typical 1.00% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Albany rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).