Cheap Homes for Rent in Palomino Hills Neighborhood of Apple Valley, MN from $1,500 (4 Rentals)

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Search the lowest-cost Homes available for rent right now in the Palomino Hills area of Apple Valley.

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.

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

Best Value Apartments for Rent in Palomino Hills, MN

As of June 27, 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 The Sinclair Model at Twelve 501 Apartment Homes starting at $1,705 with a $1.61 price per square foot in the Heart of the City neighborhood. Here is today’s list of the best values for Palomino Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Legends of Apple ValleyThree Bedroom - A3BR,2BA$1.47
Twelve 501 Apartment HomesThe Sinclair2BR,2BA$1.61
Palomino East2 Bedroom 2 Bathroom2BR,2BA$1.70
Boulder RidgeThe Mica1BR,1BA$1.44
Oakleaf TownhomesAfton2BR,1BA$1.48
Cedar Ridge Apartments2 BR2BR,1BA$1.20
Applewoods Apartments2 Bedroom 1 Bathrom2BR,1BA$1.55
Elevate on Parkway2 Bed - 2 Bath (Renovated)2BR,2BA$1.58
The Woods of Burnsville ApartmentsSycamore1BR,1BA$1.56
CARRINGTON COURT1 Bedroom 1 Bath Waitlist Application1BR,1BA$1.66

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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 $1,005 to $4,145. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Palomino Hills ranging from $1,550 to $3,199.

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 $1,550 to $3,199 with an average monthly rent of $2,193.

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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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.

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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.

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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.