Cheap Apartments for Rent in Alvarado, MN from $400 (42 Rentals)

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

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 1203 Greenhill Dr

$955

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$955
Total Monthly Price
$955

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 1

1203 Greenhill Dr

Thief River FallsMN56701

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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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.

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property at 814 1st Ave NE

$1,420

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,420
Total Monthly Price
$1,420

3 Bedroom, 1 Bath Home for Rent

Available May 15

814 1st Ave NE

East Grand ForksMN56721

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.

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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Country View
2 to 3 Bedroom Apartments

Country View

1810 5th Ave NEEast Grand Forks, MN 56721
Showing Results 1-42, Page 1 of 1

Alvarado, MN Local Guide

Cheapest Available Alvarado Apartments for Rent and Nearby

 

The cheapest available apartment rental in Alvarado, MN is a 1 Bed unit found at Forest Park Apartments priced from $838. Green Acres has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Alvarado apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Forest Park Apartments1 Bedroom B1BR,1BA$838
Green AcresCharming 2BR Apartment with Fresh Paint!2BR,1BA$850
Block V1BR/1BA1BR,1BA$875
Southwind Apartments2 Bedroom A2BR,2BA$1,068
The Gallery Apartments2 Bed 1 Bath | 1075 sqft2BR,1BA$1,123
Blackmore Flats1DStudio,1BA$1,225
McEnroe Place Apartments2 Bed 2 Bath | 930 sqft2BR,2BA$1,425
Franklin on 4th1.5A1BR,1BA$1,445
Northern Heights Apartments2 Bed/2 Bath | 1,067 - 1137 SF2BR,2BA$1,455
Mallview Apartments2A2BR,1BA$1,465

Best Value Apartments for Rent in Alvarado, MN and Nearby

As of April 28, 2026 the best value apartment in the Alvarado area is the $1.66 price per square foot 2 Bed 2 Bath - High Ceiling Model at EMPIRE in the starting from $2,800. The second greatest value Alvarado apartment is the H2 Model at Boulder Apartments, LLC starting at $1,800 with a $1.13 price per square foot . Here is today’s list of the best values for Alvarado apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
EMPIRE2 Bed 2 Bath - High Ceiling2BR,2BA$1.66
Boulder Apartments, LLCH22BR,2BA$1.13
Block V4BR/1BA4BR,1BA$1.43
Northern Heights Apartments2 Bed/2 Bath | 1,067 - 1137 SF2BR,2BA$1.29
The Gallery Apartments2 Bed 1 Bath | 1075 sqft2BR,1BA$1.04
Southwind Apartments2 Bedroom A2BR,2BA$1.09
Green AcresCharming 2BR Apartment with Fresh Paint!2BR,1BA$0.88
Mallview Apartments2A2BR,1BA$1.53
McEnroe Place Apartments2 Bed 2 Bath | 930 sqft2BR,2BA$1.53
Forest Park Apartments1 Bedroom B1BR,1BA$1.12

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick 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.

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

Explore Alvarado, MN Rentals by Map

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See the most popular apartments and homes in Alvarado, MN

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Frequently Asked Questions about Cheap Alvarado Apartments

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

The lowest price for a Cheap One Bedroom Alvarado Apartment is $838 at Forest Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Alvarado is starting from $850 at Green Acres.

What is the most affordable Alvarado Three Bedroom Apartment?

The best deal on a cheap Alvarado Three Bedroom Apartment rental is at Block V and starts from $1,650.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.