Cheap Apartments for Rent in Alexandria, MN from $500 (10 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Alexandria.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
CourtYard Apartments
2 Bedroom Apartments

CourtYard Apartments

1420 Jefferson StAlexandria, MN 56308
  • Utilities Included

Alexandria, MN Local Guide

Cheapest Available Alexandria Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alexandria, MN is a 2 Beds unit found at 10th Avenue Apartments priced from $850. Lincoln Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
10th Avenue Apartments1964 - Studio/1 BA2BR,1BA$850
Lincoln ApartmentsLincoln Apartments2BR,1BA$995
Oak Knoll Complex2 Bed2BR,1BA$1,025

Best Value Apartments for Rent in Alexandria, MN and Nearby

As of June 26, 2025 the best value apartment in the Alexandria area is the $0.74 price per square foot 747 Wild West Ln SW Model at 747 Wild West Ln SW, Unit 1 in the starting from $2,000. The second greatest value Alexandria apartment is the 2 bedroom 1.75 bathroom plus den Model at Broadway Garden Estates starting at $2,155 with a $1.43 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.
747 Wild West Ln SW, Unit 1747 Wild West Ln SW5BR,1BA$0.74
Broadway Garden Estates2 bedroom 1.75 bathroom plus den2BR,1.75BA$1.43
Pheasant Run Apartments3B2B - CONTACT FOR AVAILABILITY3BR,2BA$1.10
The RuneOne Bedroom1BR,1BA$1.93
Granite Manor/RunestoneTwo bedroom/ 1 3/4 Bath2BR,1.5BA$1.41
Westfield Apartments2 bed 2 bath2BR,2BA$1.41
Oak Knoll Complex2 Bed2BR,1BA$1.14
10th Avenue Apartments1873 - 2BD/1BA2BR,1BA$2.30
Lincoln ApartmentsLincoln Apartments2BR,1BA$1.81
605 30th Ave W, Unit #10605 30th Ave WStudio ,1BA$2.67

Quick Rent Budget Calculator

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.

decorative image of people with a giant lease agreement

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

Explore Alexandria, MN Rentals by Map

View MapAlexandria, MN Apartments MapView MapAlexandria, MN Rental Homes Map

Getting Around Alexandria, MN

Walk Score®

30 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 10th Avenue Apartments listed at $850.

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

The lowest price for a Cheap One Bedroom Alexandria Apartment is $910 at 10th Avenue Apartments.

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 $850 at 10th Avenue Apartments.

What is the most affordable Alexandria Three Bedroom Apartment?

The best deal on a cheap Alexandria Three Bedroom Apartment rental is at Pheasant Run Apartments and starts from $1,325.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.