Cheap Homes for Rent in Alexandria, MN from $900 (8 Rentals)

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

property at 1628 Patterson Loop

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

1628 Patterson Loop

Fergus FallsMN56537
property at 2476 76th St SW

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

2476 76th St SW

Pequot LakesMN56472
property at 221 E James St

$1,095

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

221 E James St

PaynesvilleMN56362
property at 710 18th St S

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

710 18th St S

BensonMN56215

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 708 18th St S

$1,200 - $1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,700

Total Monthly Price
$1,200 - $1,700

2 To 3 Bedroom Homes for Rent

Available Jun 1

708 18th St S

BensonMN56215
property at 402 8th St N

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

402 8th St N

KerkhovenMN56252
property at 911 2nd Ave NE

$1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,235

Total Monthly Price
$1,235

3 Bedroom, 1 Bath Home for Rent

Available Now

911 2nd Ave NE

StaplesMN56479
property at 509 E Vernon Ave

$1,290

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,290

Total Monthly Price
$1,290

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

509 E Vernon Ave

Fergus FallsMN56537

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.

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 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Valley ApartmentsEfficiencyStudio,1BA$700
Twenty08 ApartmentsB.4 TIF1BR,1BA$900
10th Avenue Apartments1964 - StudioStudio,1BA$921

Best Value Apartments for Rent in Alexandria, MN and Nearby

As of May 27, 2026 the best value apartment in the Alexandria area is the $1.35 price per square foot C.3 Model at Central Lakes in the starting from $1,493. The second greatest value Alexandria apartment is the 1880 2 bed Model at The Overlook Apartments starting at $1,450 with a $1.62 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.
Central LakesC.32BR,2BA$1.35
The Overlook Apartments1880 2 bed2BR,1BA$1.62
3752 Vonderheide Dr SW, Unit Apartment3752 Vonderheide Dr SW1BR,1BA$0.53
East Side Stories Apartments2 bed2BR,1BA$1.17
Bridgewater Estates1 Bedroom 1 Bathroom1BR,1BA$1.68
Lakewood Apartments1 BD/1 BA1BR,1BA$1.53
Lincoln ApartmentsLincoln Apartments2BR,1BA$1.81
Ridgeview Apartments1873 Alcove BStudio ,1BA$2.21
Twenty08 ApartmentsA.1Studio ,1BA$2.12
10th Avenue Apartments1880 - Studio/1BAStudio ,1BA$2.17

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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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.

Read Article
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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Alexandria

What type of rentals are currently available in Alexandria?

There are currently 58 Apartments for Rent in Alexandria, MN with pricing that ranges from $460 to $2,819. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $950 to $4,000.

What is the current price range for Rental Homes in Alexandria?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alexandria ranges from $950 to $4,000 with an average monthly rent of $1,557.

How much are larger Three and Four Bedroom Rentals in Alexandria?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alexandria range from $1,394 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,235 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,850.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.