
Cheap Apartments for Rent in Alexandria, MN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Alexandria.


Total Monthly Price
605 30th Ave W, Unit #9
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.

751 5th St

314 Hidden Acres Dr NW

107 State St
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.

228 E Fir Ave
Alexandria, MN Local Guide

How much does it cost to rent an apartment in Alexandria?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alexandria Studio Apartments | $1,014 | $600 | $1,150 |
Alexandria 1 Bedroom Apartments | $1,286 | $750 | $1,855 |
Alexandria 2 Bedroom Apartments | $1,450 | $925 | $2,155 |
Alexandria 3 Bedroom Apartments | $1,694 | $1,329 | $1,850 |
Alexandria 4 Bedroom Apartments | $1,956 | $1,795 | $1,995 |
Browse Top Apartments in Alexandria
See all Apartments in AlexandriaExplore Alexandria
Alexandria, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Lincoln Apartments | Lincoln Apartments | 2BR,1BA | $995 |
Oak Knoll Complex | 2 Bed | 2BR,1BA | $1,025 |
Granite Manor/Runestone | Two bedroom/ Two bathroom | 2BR,2BA | $1,045 |
10th Avenue Apartments | 1873 - Studio/1BA | Studio,1BA | $1,095 |
Westfield Apartments | 2 Bed 1 Bath Bld 1&2 | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Rune | One Bedroom | 1BR,1BA | $1.93 |
Granite Manor/Runestone | Two bedroom/ 1 3/4 Bath | 2BR,1.5BA | $1.42 |
Westfield Apartments | 2 Bed 1 Bath Bld 1&2 | 2BR,1BA | $1.42 |
Oak Knoll Complex | 2 Bed | 2BR,1BA | $1.14 |
Lincoln Apartments | Lincoln Apartments | 2BR,1BA | $1.81 |
10th Avenue Apartments | 1873 - Studio/1BA | Studio ,1BA | $2.03 |
605 30th Ave W, Unit #9 | 605 30th Ave W | Studio ,1BA | $2.67 |
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Best Local Schools in Alexandria, MN
Alexandria Area High School
School data provided by Great Schools
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.