Cheap Apartments for Rent in Altura, MN from $400 (48 Rentals)

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Key Randall Apartments
$525 - $575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$525 - $575

Total Monthly Price
$525 - $575
Studio Apartments Contact Us For Availability

Key Randall Apartments

1258 Randall StWinona, MN 55987
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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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Olympik Village Apartments
$1,085 - $1,415
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,005 - $1,335
Required Monthly Fees
$80

Total Monthly Price
$1,085 - $1,415
1 to 3 Bedroom Apartments Available Now

Olympik Village Apartments

402 31st StRochester, MN 55906
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Meadow Park Apartments
Rent Specials
$1,125 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,045 - $1,320
Required Monthly Fees
$80

Total Monthly Price
$1,125 - $1,400
1 to 3 Bedroom Apartments Available Now

Meadow Park Apartments

412 14th St SERochester, MN 55904
Affordability
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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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The Exchange
$1,225 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $1,250
Required Monthly Fees
$75

Total Monthly Price
$1,225 - $1,325
Studio Apartments Available Now

The Exchange

51 E 4th StWinona, MN 55987
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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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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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The Riverview
Rent Specials
$1,425 - $1,775
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $1,695
Required Monthly Fees
$80

Total Monthly Price
$1,425 - $1,775
1 to 3 Bedroom Apartments Available Jul 1

The Riverview

211 1st St NERochester, MN 55906
Transit Friendly
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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
Rent Specials
$1,487 - $3,887
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $3,795
Required Monthly Fees
$92

Total Monthly Price
$1,487 - $3,887
1 to 3 Bedroom Apartments Available Now

Riverwalk Rochester

449 E Center StRochester, MN 55904
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  • Utilities Included
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The Rosewater
Rent Specials
$1,496 - $2,347
Total Monthly Price

Total Monthly Price

Base Rent
$1,406 - $2,257
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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Flats on 4th
Rent Specials
$1,525 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $3,300

Total Monthly Price
$1,525 - $3,300
Studio to 2 Bedroom Apartments Available Now

Flats on 4th

412 SE 3rd AveRochester, MN 55904
Family Friendly
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The Quarters
Rent Specials
$1,575
Total Monthly Price

Total Monthly Price

Base Rent
$1,495
Required Monthly Fees
$80

Total Monthly Price
$1,575
4 Bedroom Apartments Available Now

The Quarters

826 21st Ave SERochester, MN 55904
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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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Colonial Apartments
1 to 2 Bedroom Apartments

Colonial Apartments

417-423 27th St NERochester, MN 55906
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
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The Beacon
Studio Apartments

The Beacon

431 3rd Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included
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1503 4th Ave SE
1 to 2 Bedroom Apartments

1503 4th Ave SE

1503 4th Ave SERochester, MN 55904

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.

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 3607 10th Ln NW

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Condo for Rent

Available Now

3607 10th Ln NW

RochesterMN55901
property at 1513 2nd St NE

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Home for Rent

Available Now

1513 2nd St NE

RochesterMN55906
property at 1872 Deerhaven Ln NE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 Bedroom, 1 Bath Home for Rent

Available Aug 10

1872 Deerhaven Ln NE

RochesterMN55906
property at 819 6th 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 Jul 24

819 6th Ave SE

RochesterMN55904
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
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1st Avenue Flats
1 to 2 Bedroom Apartments

1st Avenue Flats

400 1st Ave NWRochester, MN 55901
property at 1915 Deerhaven Ln NE

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Aug 10

1915 Deerhaven Ln NE

RochesterMN55906
property at 1732 2nd Ave SE

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Now

1732 2nd Ave SE

RochesterMN55904

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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Lofts at Mayo Park
1 to 2 Bedroom Apartments

Lofts at Mayo Park

123 6th Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included
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Benaiah on Broadway
Studio to 2 Bedroom Apartments

Benaiah on Broadway

810 Broadway Ave NRochester, MN 55906
Corporate Housing
property at 1418-3-1/2 3 1/2 St SE

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1.5 Bath Home for Rent

Available Jul 24

1418-3-1/2 3 1/2 St SE

RochesterMN55904

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
Fairway Woods ApartmentsOne Bedroom1BR,1BA$979
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$999
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125
Meadow Park ApartmentsModern One Bedroom1BR,1BA$1,150
Olympik Village ApartmentsAres2BR,1BA$1,170
The Exchange0BR/1.0BAStudio,1BA$1,225
Washington Crossing2 Bedroom2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
River Glen3 x 23BR,2BA$1.19
Madison Place2 Beds, 1 bath2BR,1BA$1.29
The Quarters4 Bedroom A4BR,2BA$1.27
Washington Crossing2 Bedroom2BR,1BA$1.15
1st Avenue Flats2 Bedroom2BR,2BA$1.32
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1.12
Olympik Village ApartmentsAres2BR,1BA$1.34
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.27
RIVERS EDGE RESIDENCES1 BED 1 BATH1BR,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.

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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!

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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 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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

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