Cheap Apartments for Rent in Alvarado, MN from $500 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Alvarado.

Ridgewood Apartments

Dakota at 55th

Valley Park Apartments
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.

Southern Manor Apartments

Heritage Highlands

568 4th St SE

Heritage Terrace Townhomes

Forest Park Apartments

1502 12th Ave S

Heritage Highland II Townhomes

Kensington Place Apartments
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.

Wellington Townhomes

Franklin on 4th

Southwind Apartments

CARRINGTON COURT

Northwood Park Townhomes

Sonoma Apartments, LLC

101 Willow St

Columbia Square South *RENOVATED APARTMENTS!*
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.

Emerald Square**FULLY RENOVATED APARTMENTS!**

202 7th Ave S

1011 Park Dr

Warehouse & Freighthouse Apartments
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.
Alvarado, MN Local Guide

How much does it cost to rent an apartment in Alvarado?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Alvarado Studio Apartments | $745 | $200 | $1,175 |
Alvarado 1 Bedroom Apartments | $1,217 | $654 | $2,639 |
Alvarado 2 Bedroom Apartments | $1,673 | $685 | $2,800 |
Alvarado 3 Bedroom Apartments | $1,820 | $575 | $3,100 |
Alvarado 4 Bedroom Apartments | $2,448 | $1,525 | $3,866 |
Browse Top Apartments in Alvarado
See all Apartments in AlvaradoExplore Alvarado
Alvarado, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Alvarado Apartments for Rent and Nearby
 The cheapest available apartment rental in Alvarado, MN is a Studio unit found at The Boden priced from $200. Forest Park Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $951. Here is today’s list of the most affordable Alvarado apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Boden | Sold Out | Studio,1BA | $200 |
Forest Park Apartments | 2 Bedroom C | 2BR,1BA | $951 |
Heritage Highland II Townhomes | 3 bedroom | 3BR,1BA | $992 |
Block V | 3BR/1BA | 3BR,1BA | $1,000 |
Northwood Park Townhomes | 2 Bedroom Townhomes | 2BR,1BA | $1,065 |
Southwind Apartments | 2 Bedroom C | 2BR,2BA | $1,182 |
The Legacy Apartments | B6 | 2BR,2BA | $1,340 |
CARRINGTON COURT | 2 Bed Flat | 2BR,2BA | $1,350 |
Blackmore Flats I - Bldg 1 | 2A | 2BR,2BA | $1,575 |
McEnroe Place Apartments | 3 Bed 2 Bath | 1248 sqft | 3BR,2BA | $1,677 |
Best Value Apartments for Rent in Alvarado, MN and Nearby
As of September 09, 2025 the best value apartment in the Alvarado area is the $0.70 price per square foot 2 Bedroom Townhomes Model at Northwood Park Townhomes in the starting from $1,065. The second greatest value Alvarado apartment is the 4BR/1BA Model at Block V starting at $1,525 with a $1.09 price per square foot in the Downtown Grand Forks neighborhood. Here is today’s list of the best values for Alvarado apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Northwood Park Townhomes | 2 Bedroom Townhomes | 2BR,1BA | $0.70 |
Block V | 4BR/1BA | 4BR,1BA | $1.09 |
Heritage Highland II Townhomes | 3 bedroom | 3BR,1.5BA | $0.72 |
The Beacon CLO | Hatty 2B/2B | 2BR,2BA | $1.40 |
CARRINGTON COURT | 2 Bed Flat | 2BR,2BA | $1.05 |
McEnroe Place Apartments | 3 Bed 2 Bath | 1130 sqft | 3BR,2BA | $1.49 |
The Legacy Apartments | B6 | 2BR,2BA | $1.25 |
Southwind Apartments | 2 Bedroom C | 2BR,2BA | $1.17 |
Forest Park Apartments | 2 Bedroom C | 2BR,1BA | $1.02 |
The Verge Grand Forks | 2BR/2BA | 2BR,2BA | $0.81 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Alvarado, MN Rentals by Map
See the most popular apartments and homes in Alvarado, MN
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 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 $646 at Dakota at 55th.
What is the most affordable Alvarado Three Bedroom Apartment?
The best deal on a cheap Alvarado Three Bedroom Apartment rental is at Heritage Highland II Townhomes and starts from $992.
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.