Cheap Apartments for Rent in Alexandria, MN from $500 (11 Rentals)

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1504 & 1508 Jefferson St
1 to 2 Bedroom Apartments

1504 & 1508 Jefferson St

1504-1508 Jefferson StAlexandria, MN 56308
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Park South Apartments
1 to 2 Bedroom Apartments

Park South Apartments

1813 Aga DrAlexandria, MN 56308
  • Utilities Included
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CourtYard Apartments
Studio to 2 Bedroom Apartments

CourtYard Apartments

1420 Jefferson StAlexandria, MN 56308
  • Utilities Included
property at 314 Hidden Acres Dr NW

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.

Alexandria, MN Local Guide

Cheapest Available Alexandria Apartments for Rent

 

The cheapest available apartment rental in Alexandria, MN is a 2 Beds unit found at Lincoln Apartments priced from $995. Oak Knoll Complex has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lincoln ApartmentsLincoln Apartments2BR,1BA$995
Oak Knoll Complex2 Bed2BR,1BA$1,025
Granite Manor/RunestoneTwo bedroom/ Two bathroom2BR,2BA$1,045
10th Avenue Apartments1873 - Studio/1BAStudio,1BA$1,095
Westfield Apartments2 Bed 1 Bath Bld 1&22BR,1BA$1,355

Best Value Apartments for Rent in Alexandria, MN

As of September 14, 2025 the best value apartment in the Alexandria area is the $1.93 price per square foot One Bedroom Model at The Rune in the starting from $2,023. The second greatest value Alexandria apartment is the Two bedroom/ 1 3/4 Bath Model at Granite Manor/Runestone starting at $1,385 with a $1.42 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.
The RuneOne Bedroom1BR,1BA$1.93
Granite Manor/RunestoneTwo bedroom/ 1 3/4 Bath2BR,1.5BA$1.42
Westfield Apartments2 Bed 1 Bath Bld 1&22BR,1BA$1.42
Oak Knoll Complex2 Bed2BR,1BA$1.14
Lincoln ApartmentsLincoln Apartments2BR,1BA$1.81
10th Avenue Apartments1873 - Studio/1BAStudio ,1BA$2.03
605 30th Ave W, Unit #9605 30th Ave WStudio ,1BA$2.67

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

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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 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 Lincoln Apartments.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.