Cheap Apartments for Rent in Alexandria, MN from $700 (47 Rentals)

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North Valley Apartments
$700 - $1,100

Total Monthly Price

Base Rent$700 - $1,100

Total Monthly Price$700 - $1,100
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

North Valley Apartments

910 34th Ave WAlexandria, MN 56308
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  • Customer Reviewed
  • Utilities Included
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Central Lakes
$710 - $1,835

Total Monthly Price

Base Rent$710 - $1,835

Total Monthly Price$710 - $1,835
Studio to 3 Bedroom Apartments Available Now

Central Lakes

2106 Runestone AveAlexandria, MN 56308
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 606 Broadway St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

606 Broadway St

AlexandriaMN56308
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McKay Apartments
$775 - $1,100

Total Monthly Price

Base Rent$775 - $1,100

Total Monthly Price$775 - $1,100
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

McKay Apartments

404 S Mckay AveAlexandria, MN 56308
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  • Utilities Included
  • Smoke Free
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605 30th Ave W, Unit #8
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
12 Month Lease Term
Studio Apartment Available Now

605 30th Ave W, Unit #8

605 30th Ave WAlexandria, MN 56308
Furnished
  • Smoke Free
property at 221 6th Ave E
$815

Total Monthly Price

Base Rent$815

Total Monthly Price$815
Studio, 1 Bath Home for Rent
Available Sep 15

221 6th Ave E

AlexandriaMN56308

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property at 305 4th Ave E
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
1 Bedroom, 1 Bath Home for Rent
Available Nov 15

305 4th Ave E

AlexandriaMN56308
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Westfield Apartments
Rent Specials
$905 - $1,420

Total Monthly Price

Base Rent$905 - $1,420

Total Monthly Price$905 - $1,420
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

Westfield Apartments

1414 41st Ave WAlexandria, MN 56308
Pet Friendly
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  • Utilities Included
  • 3D Tour
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Granite Manor/Runestone
$953 - $1,763

Total Monthly Price

Base Rent$945 - $1,755
Required Monthly Fees$8

Total Monthly Price$953 - $1,763
12 Month Lease Term
Studio to 3 Bedroom Apartments Available Now

Granite Manor/Runestone

4727 Arbor Crossing SEAlexandria, MN 56308
Pet Friendly
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  • 3D Tour
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Pheasant Run
$969 - $1,394

Total Monthly Price

Base Rent$950 - $1,375
Required Monthly Fees$19

Total Monthly Price$969 - $1,394
1 to 3 Bedroom Apartments Available May 16, 2099

Pheasant Run

825 34th Ave EAlexandria, MN 56308
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  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Broadway Garden Estates
$1,135 - $2,420

Total Monthly Price

Base Rent$1,135 - $2,420

Total Monthly Price$1,135 - $2,420
1 to 2 Bedroom Apartments Available Now

Broadway Garden Estates

3511 S Broadway StAlexandria, MN 56308
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
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Park and 3rd Lofts
$1,150 - $1,895

Total Monthly Price

Base Rent$1,150 - $1,895

Total Monthly Price$1,150 - $1,895
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Nov 1

Park and 3rd Lofts

917 4th Ave EAlexandria, MN 56308
Furnished
  • Verified
  • Utilities Included
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1504 & 1508 Jefferson St
1 to 2 Bedroom Apartments

1504 & 1508 Jefferson St

1504-1508 Jefferson StAlexandria, MN 56308
Student Housing
  • Utilities Included
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CourtYard Apartments
Studio to 2 Bedroom Apartments

CourtYard Apartments

1420 Jefferson StAlexandria, MN 56308
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Oak Knoll Complex
2 Bedroom Apartments

Oak Knoll Complex

505-509 McKay AveAlexandria, MN 56308
  • Utilities Included
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RuneStone Apartments
Studio to 3 Bedroom Apartments

RuneStone Apartments

4541 Arbor Crossing SEAlexandria, MN 56308
  • Utilities Included
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Rosewood Apartments
Studio to 3 Bedroom Apartments

Rosewood Apartments

1964 10th Ave EAlexandria, MN 56308
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Ridgeview Apartments
Studio to 3 Bedroom Apartments

Ridgeview Apartments

1873 10th Ave EAlexandria, MN 56308
  • Smoke Free
property at 310 Hidden Acres Dr NW
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Nov 16
Cost Per Sq.Ft.
  • Smoke Free
property at 312 Hidden Acres Dr NW
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Dec 1
Cost Per Sq.Ft.
  • Smoke Free
property at 606 1st Ave N
$1,025

Total Monthly Price

Base Rent$1,025

Total Monthly Price$1,025
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

606 1st Ave N

PerhamMN56573
  • Smoke Free

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property at 100 7th St NE
$1,025 - $1,050

Total Monthly Price

Base Rent$1,025 - $1,050

Total Monthly Price$1,025 - $1,050
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

100 7th St NE

PerhamMN56573
  • Smoke Free
property at 407 E Soo St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Oct 31

407 E Soo St

Parkers PrairieMN56361
property at 310 8th St N
$825

Total Monthly Price

Base Rent$825

Total Monthly Price$825
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

310 8th St N

KerkhovenMN56252
property at 6445 132nd Ave NE
$988

Total Monthly Price

Base Rent$988

Total Monthly Price$988
12 Month Lease Term
1 Bedroom, 1 Bath Townhome for Rent
Available Oct 1
Cost Per Sq.Ft.

6445 132nd Ave NE

SpicerMN56288
property at 154 3rd Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Townhome for Rent
Available Now

154 3rd Ave

SpicerMN56288
property at 409 Atlantic Ave
$1,115

Total Monthly Price

Base Rent$1,115

Total Monthly Price$1,115
2 Bedroom, 1 Bath Home for Rent
Available Oct 1

409 Atlantic Ave

MorrisMN56267
property at 109 Velkommen St NE
$1,135

Total Monthly Price

Base Rent$1,135

Total Monthly Price$1,135
2 Bedroom, 1 Bath Home for Rent
Available Now

109 Velkommen St NE

StaplesMN56479
property at 1513 Jefferson St S
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
3 Bedroom, 1 Bath Townhome for Rent
Available Now

1513 Jefferson St S

WadenaMN56482

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property at 625 Iowa Ave NE
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
3 Bedroom, 1 Bath Home for Rent
Available Now

625 Iowa Ave NE

StaplesMN56479
property at 637 W Laurel St
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Home for Rent
Available Now

637 W Laurel St

Fergus FallsMN56537

Alexandria, MN Local Guide

Cheapest Available Alexandria Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alexandria, MN is a Studio unit found at North Valley Apartments priced from $700. Twenty08 Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Valley ApartmentsEfficiencyStudio,1BA$700
Twenty08 ApartmentsA.1 TIFStudio,1BA$820
Central LakesB.1 INCOME RESTRICTED1BR,1BA$893
Trailside Apartments - 55+ CommunityCOWDREY STUDIO - AVAILABLE FALL 2026!Studio,1BA$923
Lakewood Apartments1 BD/1 BA1BR,1BA$945
McKay Apartments2 Bed/1 Bath2BR,1BA$995
Lincoln ApartmentsLincoln Apartments2BR,1BA$995
10th Avenue Apartments1964 - 3 BD/2 BA3BR,2BA$1,095
Broadway Garden Estates1 bedroom 1 bathroom1BR,1BA$1,135

Best Value Apartments for Rent in Alexandria, MN and Nearby

As of September 11, 2026 the best value apartment in the Alexandria area is the $1.34 price per square foot 3 Bedrooms, 2 full, 4541 Arbor Xing SE Model at Granite Manor/Runestone in the starting from $1,763. The second greatest value Alexandria apartment is the 1964 3 bed Model at Rosewood Apartments starting at $1,650 with a $1.50 price per square foot . Here is today’s list of the best values for Alexandria apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Granite Manor/Runestone3 Bedrooms, 2 full, 4541 Arbor Xing SE3BR,2BA$1.34
Rosewood Apartments1964 3 bed3BR,2BA$1.50
Westfield Apartments2 Bed 1 Bath Bld 1&22BR,1BA$1.41
Broadway Garden Estates1 bedroom 1 bathroom1BR,1BA$1.19
The Legacy of Alexandria1 Bedroom 1 Bathroom1BR,1BA$1.53
Bridgewater Estates1 Bedroom 1 Bathroom1BR,1BA$1.68
McKay Apartments2 Bed/1 Bath2BR,1BA$1.38
Central LakesB.11BR,1BA$1.73
Lakewood Apartments1 BD/1 BA1BR,1BA$1.45
Twenty08 ApartmentsA.1 TIFStudio ,1BA$1.66

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Alexandria Apartments

What is the Cheapest Studio apartment in Alexandria?

Currently the most affordable Cheap Studio Apartment in Alexandria is at North Valley Apartments listed at $700.

How much is rent for a Cheap One Bedroom Alexandria Apartment?

The lowest price for a Cheap One Bedroom Alexandria Apartment is $893 at Central Lakes.

What is the lowest price for a Cheap Two Bedroom Alexandria Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Alexandria is starting from $995 at McKay Apartments.

What is the most affordable Alexandria Three Bedroom Apartment?

The best deal on a cheap Alexandria Three Bedroom Apartment rental is at 10th Avenue Apartments and starts from $1,095.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.