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423 Adams Ave #5

Albert Lea, MN 56007 - Freeborn County

Apartment

1 bed

1 bath

650 sqft

Cats & dogs OK

Laundry on site

About 423 Adams Ave #5

Pets Allowed up to 50lbs. Fully remodeled large 2 bedroom, 1 bath with complete updates including new walls, paint, lights, HVAC, ceiling fans, flooring, kitchen and bathrooms. This lower level apartment features in building laundry, shared balcony and secured entry. Located close to downtown and within walking distance to numerous banks, restaurants, the public pool and post office. Water and garbage are included. Refrigerator, oven/range and microwave and in building coin-op washer/dryer provided. The owner focused on making this building the #1 place to rent in Albert Lea.

The security deposit is $1500. Applicants must pass a criminal and credit background check with no evictions. The background check fee is $35 per adult. Pets are Ok with a $250 additional security deposit and a $50/mo pet fee. Dogs must have updated vaccination records and must be licensed in the city of the property.

Pets must be vaccinated and licensed with the City of residence.

10 days on RentalSource

RentalSource last checked: 5 hours ago · Listing updated: November 12, 2026

Managed by Complete Property Managers · (507) 379-6519

Listing data quality - We review listings daily to detect outdated, duplicate, or misleading information.

Property Summary

Property Type:	Apartment
Rental Fee:	$995
Bedrooms:	1 bed
Bathrooms:	1 bath
Size:	650 sqft

Pets:	Cats & dogs
Laundry:	On site
Parking:	Inquire
Available:	December 4, 2026
ID:	84696908

Amenities

Laundry Facilities
Balcony/Patio
Ceiling Fan
Controlled Access
Microwave
Pool
Refrigerator

Leasing Information

Lease term: 12 months.

Fees

Security deposit $1,500 (mandatory, refundable, move-in).
Application fee $35 (mandatory, nonrefundable, pre-move-in).

Additional Details

This 1-bedroom, 1-bathroom apartment at 423 Adams Ave #5 in Albert Lea, MN 56007 rents for $995 a month. It has 650 square feet and is pet friendly. 423 Adams Ave #5 was advertised on November 5, 2026.

Affordability Calculator

Can I afford to live at 423 Adams Ave #5?

Bedrooms

1 bedroom

Rent-to-income ratio

30%

10% Recommended 50%

Move the slider to select the percentage of your monthly income you're comfortable spending on rent. Typically, it's advised to spend about 30% or less on housing.

Recommended income

$39,800 /year

With your chosen rent-to-income ratio, an annual income of $39,800 is recommended to comfortably afford this 1-bedroom rental priced at $995 per month.

For more information on rent affordability, visit our rent calculator or rent vs. buy calculator.

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