
Cheap Apartments for Rent in the Palomino Hills Neighborhood of Apple Valley, MN from $800 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Palomino Hills area of Apple Valley.


Cedar Valley 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.

Parkwood Pointe Apartments

Connelly On Eleven

The Woods of Burnsville Apartments

Willow Pond

Villas at Pleasant Ave II - 55+

CARRINGTON COURT

Berkshire of Burnsville

Elevate on Parkway
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.
Palomino Hills, Apple Valley, MN Local Guide

How much does it cost to rent an apartment in Palomino Hills?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Palomino Hills Studio Apartments | $1,314 | $1,095 | $2,635 |
Palomino Hills 1 Bedroom Apartments | $1,742 | $1,005 | $4,790 |
Palomino Hills 2 Bedroom Apartments | $1,932 | $1,250 | $6,655 |
Palomino Hills 3 Bedroom Apartments | $2,262 | $1,599 | $4,195 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the Palomino Hills Neighborhood of Apple Valley, MN.
See all Apartments in Apple ValleyExplore Apple Valley
Palomino Hills, Apple Valley, MN Local Guide
- Nearby Apple Valley neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Palomino Hills Apartments for Rent
 The cheapest available apartment rental in the Palomino Hills area of Minneapolis, MN is a Studio unit found at Willow Pond priced from $1,120. Cedar Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,120. Here are the most affordable Palomino Hills apartments for rent in Minneapolis, MN:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Willow Pond | Lilac | Studio,1BA | $1,120 |
Cedar Valley Apartments | 0BR/1.0BA | Studio,1BA | $1,120 |
Villas at Pleasant Ave II - 55+ | Hockey - 1 Bedroom 50% | 1BR,1BA | $1,125 |
The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1,177 |
CARRINGTON COURT | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Palomino Hills, MN
As of June 13, 2025 the best value apartment in the Palomino Hills area is the $1.47 price per square foot Three Bedroom - A Model at The Legends of Apple Valley in the in the Cobblestone Legacy neighborhood starting from $1,974. The second greatest value Palomino Hills apartment is the 3 BR 1.5 B Model at Cedar Ridge Apartments starting at $1,500 with a $1.34 price per square foot in the Steeplechase of Eagan neighborhood. Here is today’s list of the best values for Palomino Hills apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Legends of Apple Valley | Three Bedroom - A | 3BR,2BA | $1.47 |
Cedar Ridge Apartments | 3 BR 1.5 B | 3BR,1.5BA | $1.34 |
Twelve 501 Apartment Homes | The Marion | 2BR,2BA | $1.59 |
Parkwood Pond | Three Bedroom | 3BR,2BA | $1.52 |
Boulder Ridge | The Mica | 1BR,1BA | $1.34 |
Avana West Park | B2 | 2BR,1BA | $1.40 |
Applewoods Apartments | 2 Bedroom 1 Bathrom | 2BR,1BA | $1.55 |
Elevate on Parkway | 2 Bed - 2 Bath (Renovated) | 2BR,2BA | $1.59 |
The Woods of Burnsville Apartments | Sycamore | 1BR,1BA | $1.52 |
CARRINGTON COURT | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.66 |
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.
Pet Friendly LifestylePalomino Hills, Apple Valley, MN
Ranked #3
Among neighborhoods in Apple Valley, MN for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Apple Valley. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Palomino Hills Apartments
What is a cheap apartment in Palomino Hills?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Palomino Hills is under $1,460.
What is the price of a cheap apartment in Palomino Hills?
The cheapest apartment in Palomino Hills is Villas at Pleasant Ave II - 55+ which is listed at $1,125, while the average apartment in Palomino Hills costs $3,235.
What types of apartments are the cheapest in Palomino Hills?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 56 regular apartments in Palomino Hills that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Palomino Hills?
Cheap apartments in Palomino Hills have an average cost of $320 which is $2,915 cheaper than the average rent for all rentals in Palomino Hills.
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.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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.

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.

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.