Cheap Homes for Rent in Alexandria, MN from $600 (8 Rentals)

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

property at 703 W Main St

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom, 1 Bath Condo for Rent

Available Now

703 W Main St

PaynesvilleMN56362
property at 409 Atlantic Ave

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

409 Atlantic Ave

MorrisMN56267
property at 516 15th St N

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

516 15th St N

BensonMN56215
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

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property at 114 Lake Ave S

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Condo for Rent

Available Now

114 Lake Ave S

SpicerMN56288
property at 729 W Cavour Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Feb 1, 2026

729 W Cavour Ave

Fergus FallsMN56537
property at 911 2nd Ave NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Apr 9, 2026

911 2nd Ave NE

StaplesMN56479
property at 13110 42nd Ave SW

$1,200

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

13110 42nd Ave SW

PillagerMN56473

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 and Nearby

 

The cheapest available apartment rental in Alexandria, MN is a Studio unit found at McKay Apartments priced from $775. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $835. Here is today’s list of the most affordable Alexandria apartments for rent:

Apartment ListingModel NameBed/BathPriced From
McKay ApartmentsStudio, 1 bathStudio,1BA$775
North Valley ApartmentsStudio, 1 bathStudio,1BA$835
Hillside ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in Alexandria, MN and Nearby

As of December 27, 2025 the best value apartment in the Alexandria area is the $1.12 price per square foot 3B2B Model at Pheasant Run Apartments in the starting from $1,344. The second greatest value Alexandria apartment is the 2 Bedroom Model at Condamera Apartments starting at $1,050 with a $1.06 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.
Pheasant Run Apartments3B2B3BR,2BA$1.12
Condamera Apartments2 Bedroom2BR,1BA$1.06
Rosewood Apartments1964 2 bed2BR,1BA$1.66
Lakewood Terrace2 bed/ 1 bath2BR,1BA$1.50
Granite Manor/RunestoneOne bedroom/ One bathroom1BR,1BA$1.63
10th Avenue Apartments1873 - 1BD/1BA1BR,1BA$1.92
The Overlook Apartments1 BD/1 BA1BR,1BA$1.92
Lincoln ApartmentsLincoln Apartments2BR,1BA$1.81
Central LakesA.1Studio ,1BA$2.09
Hillside ApartmentsStudioStudio ,1BA$2.40

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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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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 49 Apartments for Rent in Alexandria, MN with pricing that ranges from $775 to $2,155. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alexandria ranging from $650 to $3,300.

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 $650 to $3,300 with an average monthly rent of $1,794.

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 $1,280 to $1,810, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,695 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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!