Cheap Apartments for Rent near Alpha, MN from $427 (76 Rentals)

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Search the lowest-cost Apartments available for rent right now in Alpha.

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Highland Hills Apartments
Rent Specials
$295 - $1,980

Total Monthly Price

Base Rent$295 - $1,980
Total Monthly Price$295 - $1,980
12 Month Lease Term
2 to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
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property at 101 Park St N
$700

Total Monthly Price

Base Rent$700
Total Monthly Price$700
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

101 Park St N, Unit upper

101 Park St N
Minnesota LakeMN56068
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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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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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Hoover Estates
$910 - $1,210

Total Monthly Price

Base Rent$895 - $1,195
Required Monthly Fees$15
Total Monthly Price$910 - $1,210
1 to 3 Bedroom Apartments Available Now

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
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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.

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The Grove at Mankato
Rent Specials
$970 - $1,829

Total Monthly Price

Base Rent$940 - $1,799
Required Monthly Fees$30
Total Monthly Price$970 - $1,829
11 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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River Bluff Apartments
Rent Specials
$980 - $1,517

Total Monthly Price

Base Rent$950 - $1,487
Required Monthly Fees$30
Total Monthly Price$980 - $1,517
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

River Bluff Apartments

405 N 5th StMankato, MN 56001
Outdoors
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property at 1204 Hill Ave
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1204 Hill Ave

Spirit LakeIA51360
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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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Village Court Apartments
$1,028 - $1,128

Total Monthly Price

Base Rent$1,028 - $1,128
Total Monthly Price$1,028 - $1,128
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Village Court Apartments

1620 Village CtNorth Mankato, MN 56003
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The Edge Apartments
Rent Specials
$1,080 - $1,330

Total Monthly Price

Base Rent$1,050 - $1,300
Required Monthly Fees$30
Total Monthly Price$1,080 - $1,330
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
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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.

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Alpha, MN Local Guide

Cheapest Available Alpha Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alpha, MN is a 5 Beds unit found at Highland Hills Apartments in the University neighborhood priced from $295. Burt 18-Unit (Countryside Properties) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here is today’s list of the most affordable Alpha apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsHighland East B5BR,2BA$295
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$425
College Station5 Bedroom 2 bath5BR,2BA$427
512 Vernon AveOne Bedroom1BR,1BA$595
501 W 1st St S2 BED/1 BATH2BR,1BA$600
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Tallgrass VillageStudio ApartmentStudio,1BA$735
1212 Heckman CtStudioStudio,1BA$750
Windcrest Village I & IIStudio ApartmentStudio,1BA$790

Best Value Apartments for Rent in Alpha, MN and Nearby

As of September 03, 2026 the best value apartment in the Alpha area is the $0.76 price per square foot 4bed/2bath Model at Windom Landing in the starting from $1,100. The second greatest value Alpha apartment is the 5 Bedroom 2 bath Model at College Station starting at $427 with a $0.32 price per square foot in the University neighborhood. Here is today’s list of the best values for Alpha apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windom Landing4bed/2bath4BR,2BA$0.76
College Station5 Bedroom 2 bath5BR,2BA$0.32
219 6th St SWThree Bedroom3BR,2BA$1.06
1212 Heckman CtStudioStudio ,1BA$0.83
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$1.04
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
512 Vernon AveTwo Bedroom2BR,1BA$0.87
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.73
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
501 W 1st St S1 BED/1 BATH1BR,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.

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Navigating 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.

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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 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 $735.

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

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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.

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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.

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.

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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.