
Cheap Apartments for Rent in Altura, MN from $400 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Altura.


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Key Broadway Apartments

RIVERS EDGE RESIDENCES

Fairway Woods Apartments

Lakeview Manor Apartments

Clover Patch Apartments

Country Valley

Golfview Crossing Apartments

Eastwood Manor
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.

Madison Place

River Glen

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Olympik Village Apartments

Scenic View Townhomes

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Civic Square Apartments

Homestead Village Townhomes

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Meadow Park Apartments

EastGate Apartments

Bryk on Broadway
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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The Exchange

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Silver Lake Crossing

Washington Crossing

Northern Valley Apartments

Eastwood Ridge

TwentyFirst Ave

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The Manor at Med City

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The Riverview

Avani Living
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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Riverwalk Rochester

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The Rosewater

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Flats on 4th

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The Quarters

1017 21st St SE

Colonial Apartments

Chester Estates

The Beacon

1503 4th Ave SE
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.

28 6th Ave SE

3607 10th Ln NW

1513 2nd St NE

1872 Deerhaven Ln NE

819 6th Ave SE

2094 11th Ave SE

1st Avenue Flats

1915 Deerhaven Ln NE

1732 2nd Ave SE
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.

Lofts at Mayo Park

Benaiah on Broadway

1418-3-1/2 3 1/2 St SE
Altura, MN Local Guide

How much does it cost to rent an apartment in Altura?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altura Studio Apartments | $1,304 | $525 | $1,595 |
| Altura 1 Bedroom Apartments | $1,518 | $450 | $2,705 |
| Altura 2 Bedroom Apartments | $1,844 | $825 | $3,300 |
| Altura 3 Bedroom Apartments | $1,852 | $895 | $3,887 |
| Altura 4 Bedroom Apartments | $1,616 | $1,575 | $1,950 |
Browse Top Apartments in Altura
See all Apartments in AlturaExplore Altura
Altura, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIVERS EDGE RESIDENCES | 1 BED 1 BATH | 1BR,1BA | $775 |
| Lakeview Manor Apartments | Studio | Studio,1BA | $800 |
| Clover Patch Apartments | One Bedroom | 1BR,1BA | $815 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $979 |
| Golfview Crossing Apartments | Two Bedroom | 2BR,1BA | $999 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,125 |
| Meadow Park Apartments | Modern One Bedroom | 1BR,1BA | $1,150 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1,170 |
| The Exchange | 0BR/1.0BA | Studio,1BA | $1,225 |
| Washington Crossing | 2 Bedroom | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Altura, MN and Nearby
As of June 21, 2026 the best value apartment in the Altura area is the $1.19 price per square foot 3 x 2 Model at River Glen in the in the North Rochester neighborhood starting from $1,665. The second greatest value Altura apartment is the 2 Beds, 1 bath Model at Madison Place starting at $1,800 with a $1.29 price per square foot . Here is today’s list of the best values for Altura apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Glen | 3 x 2 | 3BR,2BA | $1.19 |
| Madison Place | 2 Beds, 1 bath | 2BR,1BA | $1.29 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $1.27 |
| Washington Crossing | 2 Bedroom | 2BR,1BA | $1.15 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.32 |
| Golfview Crossing Apartments | Two Bedroom | 2BR,1BA | $1.12 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.34 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.27 |
| RIVERS EDGE RESIDENCES | 1 BED 1 BATH | 1BR,1BA | $1.14 |
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 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 Altura, MN Rentals by Map
See the most popular apartments and homes in Altura, MN
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 Fairway Woods Apartments and starts from $1,200.
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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.