
Cheap Homes for Rent in the Palomino Hills Neighborhood of Apple Valley, MN from $1,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Palomino Hills area of Apple Valley.


14248 Hemlock Ct N

8466 144th St W
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.

7255 126th St W

7155 126th St W

12585 Gavotte Ave
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.

12710 Granger Ct
Palomino Hills, Apple Valley, MN Local Guide

How much does it cost to rent a home in Palomino Hills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Palomino Hills 2 Bedroom Homes for Rent | $1,827 | $1,599 | $2,095 |
| Palomino Hills 3 Bedroom Homes for Rent | $2,186 | $1,850 | $2,500 |
| Palomino Hills 4 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
| Palomino Hills 5 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Palomino Hills Neighborhood of Apple Valley, MN.
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Palomino Hills, Apple Valley, MN Local Guide
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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 The Woods of Burnsville Apartments priced from $1,103. Briar Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,109. Here are the most affordable Palomino Hills apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Woods of Burnsville Apartments | Spruce | Studio,1BA | $1,103 |
| Briar Oaks | 1 bedroom | 1BR,1BA | $1,109 |
| Berkshire of Burnsville | Oxford | Studio,1BA | $1,119 |
Best Value Apartments for Rent in Palomino Hills, MN
As of July 12, 2026 the best value apartment in the Palomino Hills area is the $1.64 price per square foot 2C - 2 Bedroom Model at Parkwood Heights Apartments in the in the Heart of the City neighborhood starting from $1,970. The second greatest value Palomino Hills apartment is the 2 Bedroom Deluxe Model at Cinnamon Ridge Apartments starting at $1,758 with a $1.49 price per square foot in the Terra Glenn 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. |
|---|---|---|---|
| Parkwood Heights Apartments | 2C - 2 Bedroom | 2BR,1.5BA | $1.64 |
| Cinnamon Ridge Apartments | 2 Bedroom Deluxe | 2BR,2BA | $1.49 |
| Parkwood Pond | Three Bedroom | 3BR,2BA | $1.52 |
| Oakleaf Townhomes | Afton | 2BR,1BA | $1.56 |
| Cedar Ridge Apartments | 2 BR | 2BR,1BA | $1.21 |
| Elevate on Parkway | B1: 2 Bed 2 Bath | 2BR,2BA | $1.37 |
| Connelly On Eleven | A2R - Closed or Open Den | 1BR,1BA | $1.56 |
| The Bluffs of Burnsville | 1 BR | 1BR,1BA | $1.46 |
| Briar Oaks | 1 bedroom | 1BR,1BA | $1.48 |
| CARRINGTON COURT | 1 Bedroom 1 Bath Waitlist Application | 1BR,1BA | $1.64 |
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.
Pet Friendly LifestylePalomino Hills, Apple Valley, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Palomino Hills
What type of rentals are currently available in Palomino Hills?
There are currently 47 Apartments for Rent in Palomino Hills, MN with pricing that ranges from $1,109 to $2,502. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palomino Hills ranging from $1,599 to $3,495.
What is the current price range for Rental Homes in Palomino Hills?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Palomino Hills ranges from $1,599 to $3,495 with an average monthly rent of $2,577.
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.
Helpful Local Expert Guides

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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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
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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.