
Cheap Apartments for Rent near Alpha, MN from $427 (78 Rentals)
Search the lowest-cost Apartments available for rent right now in Alpha.


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512 Vernon Ave

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501 W 1st St S

101 Park St N, Unit upper

15 N Lawler St, Unit 1

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Eytcheson Estates Sherburn

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Eytcheson Estates Welcome

Tallgrass Village

Park View Apartments

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Sunshine Apartments
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.

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114 W 14th St

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1212 Heckman Ct

Windcrest Village I & II

Deer Creek Apartments

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Downtown Estates

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Okabena Tower 62+

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Hartshorn Manor

233 N 2nd Ave E

312 1st Ave SW

The Shores at Spirit Lake
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.

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Nobles Square Apartments

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Ashley Estates

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Valley View Apartments

401 N Elm St

Cypress Pointe Apartments

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Hoover Estates

Cypress Pointe Emmetsburg

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Halter Vista Apartments

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Trimont Square Apartments

The Banks Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Prairie Trail Village

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River Bluff Apartments

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Glenwood Terrace

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Key City Group, LLC (BT)

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South Shore Apartments

1204 Hill Ave

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Commerce Apartments

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Sleepy Eye Apartments Homes

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Highland Hills Apartments

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Southwood Flats
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.

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LAKESIDE APTS OF WINDOM

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Village Court Apartments

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The Grove at Mankato

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Gray Hawk Apartments

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Cherry Square

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The Edge Apartments

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Cedar Meadow Apartments

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Windom Landing

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520 6th St

Sunrise Manor
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.
Alpha, MN Local Guide

How much does it cost to rent an apartment in Alpha?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alpha Studio Apartments | $831 | $725 | $1,150 |
| Alpha 1 Bedroom Apartments | $1,121 | $595 | $2,155 |
| Alpha 2 Bedroom Apartments | $1,311 | $695 | $2,155 |
| Alpha 3 Bedroom Apartments | $1,578 | $1,099 | $2,415 |
| Alpha 4 Bedroom Apartments | $1,193 | $1,100 | $1,980 |
Browse Top Apartments in Alpha
See all Apartments in AlphaExplore Alpha
Alpha, MN Local Guide
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Cheapest Available Alpha Apartments for Rent and Nearby
 The cheapest available apartment rental in Alpha, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. College Station in the University neighborhood has the second lowest priced unit, which is a 5 Beds apartment currently listed from $427. Here is today’s list of the most affordable Alpha apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR, 1BA | $425 |
| College Station | 5 Bedroom 2 bath | 5BR, 2BA | $427 |
| 512 Vernon Ave | One Bedroom | 1BR, 1BA | $595 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR, 1BA | $600 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR, 1BA | $701 |
| Park View Apartments | 1 Bed/ 1 Bath | 1BR, 1BA | $725 |
| Sunshine Apartments | 1 Bedroom and 1 bathroom | 1BR, 1BA | $725 |
| Tallgrass Village | Studio Apartment | Studio, 1BA | $725 |
| 1212 Heckman Ct | Studio | Studio, 1BA | $750 |
| Downtown Estates | 1 Bed, 1 bath | 1BR, 1BA | $795 |
Best Value Apartments for Rent in Alpha, MN and Nearby
As of September 17, 2026 the best value apartment in the Alpha area is the $0.76 price per square foot 4bed/2bath Model at Windom Landing starting from $1,100. The second greatest value Alpha apartment is the 5 Bedroom 2 bath Model at College Station in the University neighborhood starting at $427 with a $0.32 price per square foot. Here is today’s list of the best values for Alpha apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4bed/2bath | 4BR, 2BA | $0.76 |
| College Station | 5 Bedroom 2 bath | 5BR, 2BA | $0.32 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR, 1BA | $1.04 |
| Halter Vista Apartments | 2 Beds, 1 bath | 2BR, 1BA | $1.03 |
| 1212 Heckman Ct | Studio | Studio, 1BA | $0.83 |
| 512 Vernon Ave | Two Bedroom | 2BR, 1BA | $0.87 |
| Downtown Estates | 1 Bed, 1 bath | 1BR, 1BA | $0.99 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR, 2BA | $0.73 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR, 1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR, 1BA | $0.84 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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 ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alpha, MN Rentals by Map
See the most popular apartments and homes in Alpha, MN
Frequently Asked Questions about Cheap Alpha Apartments
What is the Cheapest Studio apartment in Alpha?
Currently the most affordable Cheap Studio Apartment in Alpha is at Tallgrass Village listed at $725.
How much is rent for a Cheap One Bedroom Alpha Apartment?
The lowest price for a Cheap One Bedroom Alpha Apartment is $425 at Burt 18-Unit (Countryside Properties).
What is the lowest price for a Cheap Two Bedroom Alpha Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Alpha is starting from $600 at 501 W 1st St S.
What is the most affordable Alpha Three Bedroom Apartment?
The best deal on a cheap Alpha Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,099.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.