Cheap Homes for Rent in Alexandria, MN from $700 (9 Rentals)

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

property at 124 Farwell St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

124 Farwell St

VerndaleMN56481
property at 119 2nd St

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

119 2nd St, Unit #3

119 2nd St
EvansvilleMN56326
property at 310 8th St N

$825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Townhome for Rent

Available Now

310 8th St N

KerkhovenMN56252

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 310 Hidden Acres Dr NW

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Townhome for Rent

Available Nov 16

property at 606 1st Ave N

$1,025

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Townhome for Rent

Available Now

606 1st Ave N, Unit 6

606 1st Ave N
PerhamMN56573
property at 100 7th St NE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

100 7th St NE

PerhamMN56573
property at 154 3rd Ave

$1,100

Total Monthly Price

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

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.

property at 407 E Soo St

$1,100

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Oct 15

407 E Soo St

Parkers PrairieMN56361

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
10th Avenue Apartments1873 - Studio/1BAStudio,1BA$850

Best Value Apartments for Rent in Alexandria, MN and Nearby

As of August 25, 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 2 bed 2 bath Bld 1&2 Model at Westfield Apartments starting at $1,420 with a $1.46 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
Westfield Apartments2 bed 2 bath Bld 1&22BR,2BA$1.46
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.1 INCOME RESTRICTED1BR,1BA$1.25
Lincoln ApartmentsLincoln Apartments2BR,1BA$1.81
Twenty08 ApartmentsA.1 TIFStudio ,1BA$1.66
Trailside Apartments - 55+ CommunityCOWDREY STUDIO - AVAILABLE FALL 2026!Studio ,1BA$1.95

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.

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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 57 Apartments for Rent in Alexandria, MN with pricing that ranges from $710 to $2,440. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $700 to $3,495.

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 $700 to $3,495 with an average monthly rent of $1,457.

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 $1,300 to $2,055, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,795.

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

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.

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

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.