Cheap Apartments for Rent in Altura, MN from $400 (11 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Altura, MN Local Guide

Cheapest Available Altura Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altura, MN is a Studio unit found at Key Randall Apartments priced from $525. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Altura apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Key Randall ApartmentsStudio, 1 bathStudio,1BA$525
Lakeview Manor ApartmentsStudioStudio,1BA$725
River's EdgeOne Bedroom1BR,1BA$750
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$800
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$899

Best Value Apartments for Rent in Altura, MN and Nearby

As of June 08, 2025 the best value apartment in the Altura area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Altura apartment is the 2 Bed, 2.5 Bath, Plus Den Model at Falcon Heights Townhomes starting at $2,200 with a $1.57 price per square foot in the East Rochester neighborhood. Here is today’s list of the best values for Altura apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Falcon Heights Townhomes2 Bed, 2.5 Bath, Plus Den2BR,2.5BA$1.57
The Riverview3bed/2bathroom3BR,2BA$1.31
Olympik Village ApartmentsApollo3BR,2BA$1.12
Homestead Village Townhomes3 Bedroom 2 Bathroom3BR,2BA$1.43
1st Avenue Flats2 Bedroom2BR,2BA$1.47
TwentyFirst Ave3 Bedrooms 1 Bathroom3BR,1BA$1.46
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
River's EdgeOne Bedroom1BR,1BA$1.11
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$1.34

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

Explore Altura, MN Rentals by Map

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Getting Around Altura, MN

Walk Score®

14 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

20 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Altura Apartments

What is the Cheapest Studio apartment in Altura?

Currently the most affordable Cheap Studio Apartment in Altura is at Key Randall Apartments listed at $525.

How much is rent for a Cheap One Bedroom Altura Apartment?

The lowest price for a Cheap One Bedroom Altura Apartment is $750 at River's Edge.

What is the lowest price for a Cheap Two Bedroom Altura Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Altura is starting from $850 at River's Edge.

What is the most affordable Altura Three Bedroom Apartment?

The best deal on a cheap Altura Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.