Cheap Apartments for Rent near Altura, MN from $400 (41 Rentals)

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

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Key Randall Apartments
$580 - $625
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$580 - $625
Total Monthly Price
$580 - $625
Studio Apartments Contact Us For Availability

Key Randall Apartments

1258 Randall StWinona, MN 55987
  • Verified
  • Customer Reviewed
  • Utilities Included

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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Olympik Village Apartments
$1,065 - $1,195
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$980 - $1,110
Required Monthly Fees
$85
Total Monthly Price
$1,065 - $1,195
1 to 3 Bedroom Apartments Available Now

Olympik Village Apartments

402 31st StRochester, MN 55906
Affordability
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  • Customer Reviewed
  • 3D Tour

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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The Exchange
$1,175
Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Required Monthly Fees
$75
Total Monthly Price
$1,175
Studio Apartments Available Now

The Exchange

51 E 4th StWinona, MN 55987
Furnished
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  • Utilities Included
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Silver Lake Crossing
Rent Specials
$1,250 - $2,750
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,750
Total Monthly Price
$1,250 - $2,750
Studio to 2 Bedroom Apartments Available Now

Silver Lake Crossing

28 7th St NERochester, MN 55906
Eco-Friendly
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  • Customer Reviewed
  • Utilities Included

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 Riverview
Rent Specials
$1,345 - $1,595
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,595
Total Monthly Price
$1,345 - $1,595
1 to 2 Bedroom Apartments Available Now

The Riverview

211 1st St NERochester, MN 55906
Affordability
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  • Utilities Included
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The Manor at Med City
$1,360 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$135
Total Monthly Price
$1,360 - $1,765
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
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  • Utilities Included
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The Rosewater
Rent Specials
$1,395 - $2,659
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $2,569
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Rosewater

1155 Felty Ave SERochester, MN 55904
Corporate Housing
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1017 21st St SE
2 Bedroom Apartments

1017 21st St SE

1017 21st St SERochester, MN 55904
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
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Colonial Apartments
1 to 2 Bedroom Apartments

Colonial Apartments

417-423 27th St NERochester, MN 55906
  • Utilities Included

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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property at 28 6th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Now

28 6th Ave SE

RochesterMN55904
property at 1872 Deerhaven Ln NE

$1,145

Total Monthly Price

Total Monthly Price

Base Rent
$1,145
Total Monthly Price
$1,145

1 Bedroom, 1 Bath Home for Rent

Available Aug 10

1872 Deerhaven Ln NE

RochesterMN55906
property at 3613 10th Ln NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Aug 14

3613 10th Ln NW

RochesterMN55901
property at 2094 11th Ave SE

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2094 11th Ave SE

RochesterMN55904
property at 32 11th St NW

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Townhome for Rent

Available Now

32 11th St NW

RochesterMN55901
property at 220 Broadway Ave S

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395
Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

220 Broadway Ave S

RochesterMN55904

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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property at 101 8th Ave SE

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Sep 4

101 8th Ave SE

RochesterMN55904
Showing Results 1-41, Page 1 of 1

Altura, MN Local Guide

Cheapest Available Altura Apartments for Rent and Nearby

 

The cheapest available apartment rental in Altura, MN is a 1 Bed unit found at RIVERS EDGE RESIDENCES priced from $775. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Altura apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RIVERS EDGE RESIDENCES1 BED 1 BATH1BR,1BA$775
Lakeview Manor ApartmentsStudioStudio,1BA$800
Clover Patch ApartmentsOne Bedroom1BR,1BA$815
Sutton Place1 bed 1 bath1BR,1BA$925
Fairway Woods ApartmentsOne Bedroom1BR,1BA$979
Chester Estates2 Bed2BR,1BA$985
The BeaconStudioStudio,1BA$995
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$1,045
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1,049
Olympik Village ApartmentsZeus1BR,1BA$1,065

Best Value Apartments for Rent in Altura, MN and Nearby

As of August 08, 2026 the best value apartment in the Altura area is the $1.29 price per square foot 2 Beds, 1 bath Model at Madison Place in the starting from $1,800. The second greatest value Altura apartment is the Three Bedroom/ One Bathroom Model at Scenic View Townhomes starting at $1,236 with a $0.95 price per square foot . 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.
Madison Place2 Beds, 1 bath2BR,1BA$1.29
Scenic View TownhomesThree Bedroom/ One Bathroom3BR,1.5BA$0.95
1st Avenue Flats2 Bedroom2BR,2BA$1.45
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1.18
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Chester Estates2 Bed2BR,1BA$1.23
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.27
RIVERS EDGE RESIDENCES1 BED 1 BATH1BR,1BA$1.14
Sutton Place1 bed 1 bath1BR,1BA$1.41
Clover Patch ApartmentsOne Bedroom1BR,1BA$1.52

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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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!

Explore Altura, MN Rentals by Map

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See the most popular apartments and homes in Altura, MN

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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 Lakeview Manor Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Altura Apartment is $775 at RIVERS EDGE RESIDENCES.

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 $825 at RIVERS EDGE RESIDENCES.

What is the most affordable Altura Three Bedroom Apartment?

The best deal on a cheap Altura Three Bedroom Apartment rental is at Scenic View Townhomes and starts from $1,236.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.