Cheap Apartments for Rent in Alvarado, MN from $500 (24 Rentals)

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

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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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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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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Showing Results 1-24, 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 Valley Park Apartments priced from $570. Block V in the Downtown Grand Forks neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Alvarado apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Valley Park Apartments1 Bedroom A1BR,1BA$570
Block VSTUDIO/1BAStudio,1BA$775
715 N 40th St1 Bed Model A1BR,1BA$825
Heritage Highlands2 Bedroom + 1 Bathroom2BR,1BA$924
Forest Park Apartments3 Bedroom 1 Bathroom A3BR,1BA$987

Best Value Apartments for Rent in Alvarado, MN and Nearby

As of June 29, 2025 the best value apartment in the Alvarado area is the $1.50 price per square foot 2B/2B Condo D Model at The Beacon CLO in the in the Downtown Grand Forks neighborhood starting from $3,000. The second greatest value Alvarado apartment is the 2 Bed 2 Bath - High Ceiling Model at EMPIRE starting at $2,800 with a $1.76 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.
The Beacon CLO2B/2B Condo D2BR,2BA$1.50
EMPIRE2 Bed 2 Bath - High Ceiling2BR,2BA$1.76
McEnroe Place Apartments3 Bed 2 Bath | 1248 sqft3BR,2BA$1.39
Forest Park Apartments3 Bedroom 1 Bathroom A3BR,1BA$0.91
The Verge Grand Forks2BR/2BA2BR,2BA$0.81
Block VSTUDIO/1BAStudio ,1BA$0.97
715 N 40th St1 Bed Model A1BR,1BA$1.04
Heritage Highlands2 Bedroom + 1 Bathroom2BR,1BA$1.22
Blackmore Flats1 Bed & 1 Bath - 1B1BR,1BA$1.92
Valley Park Apartments1 Bedroom A1BR,1BA$1.43

Quick Rent Budget Calculator

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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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Getting Around Alvarado, MN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

26 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Alvarado Apartments

What is the Cheapest Studio apartment in Alvarado?

Currently the most affordable Cheap Studio Apartment in Alvarado is at Block V listed at $775.

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

The lowest price for a Cheap One Bedroom Alvarado Apartment is $570 at Valley 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 $895 at 715 N 40th St.

What is the most affordable Alvarado Three Bedroom Apartment?

The best deal on a cheap Alvarado Three Bedroom Apartment rental is at Forest Park Apartments and starts from $987.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.