
Cheap Homes for Rent in Altura, MN from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Altura.


3607 10th Ln NW

1513 2nd St NE

1872 Deerhaven Ln NE
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.

819 6th Ave SE

2094 11th Ave SE

1915 Deerhaven Ln NE

1732 2nd Ave SE
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.

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

How much does it cost to rent a home in Altura?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Altura 2 Bedroom Homes for Rent | $1,533 | $1,095 | $2,200 |
| Altura 3 Bedroom Homes for Rent | $1,998 | $1,600 | $2,350 |
| Altura 4 Bedroom Homes for Rent | $2,777 | $2,050 | $4,900 |
Browse Top Homes for Rent in Altura
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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 |
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!
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Frequently Asked Questions about Altura
What type of rentals are currently available in Altura?
There are currently 49 Apartments for Rent in Altura, MN with pricing that ranges from $450 to $3,887. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Altura ranging from $1,050 to $4,900.
What is the current price range for Rental Homes in Altura?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Altura ranges from $1,050 to $4,900 with an average monthly rent of $1,859.
How much are larger Three and Four Bedroom Rentals in Altura?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Altura range from $895 to $3,887, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,575.
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.