
Cheap Apartments for Rent in Baxter, MN from $500 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Baxter.


Lofts on Novotny Apartment Homes

13575 Kenwood Dr N

Fawn Terrace

Grand Oaks Court Townhomes

5758-5794 Laverne Cir
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

815 5th Ave S

Oakcrest Manor Apartments

Bonneywoode Arms Apartments

715 Oak St

500 NW 4th St

324 N 8th St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Excelsior Court Apartments

Circle Pines Apartments

1819 Norwood St

Valley View Townhomes

College Drive

519 14th St S
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

608 Pleasant Ave S

305 1st Ave NE

17193 Lisa Ct

216 5th St SW

Mississippi Terrace

921 4th Ave NE
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.

228 Aspen Ave S

911 2nd Ave NE

1115 6th Ave NE
Baxter, MN Local Guide

How much does it cost to rent an apartment in Baxter?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Baxter Studio Apartments | $1,189 | $899 | $1,385 |
| Baxter 1 Bedroom Apartments | $1,321 | $727 | $2,495 |
| Baxter 2 Bedroom Apartments | $1,524 | $795 | $2,145 |
| Baxter 3 Bedroom Apartments | $1,888 | $1,270 | $2,320 |
Browse Top Apartments in Baxter
See all Apartments in BaxterExplore Baxter
Baxter, MN Local Guide
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Cheapest Available Baxter Apartments for Rent and Nearby
 The cheapest available apartment rental in Baxter, MN is a 2 Beds unit found at Circle Pines Apartments in the Downtown Brainerd neighborhood priced from $590. Oakcrest Manor Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $727. Here is today’s list of the most affordable Baxter apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Circle Pines Apartments | 2 Bedroom | 2BR,1BA | $590 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $795 |
| Mississippi Terrace | 1 Bedroom 1 Bathroom | 1BR,1BA | $961 |
| Pine Grove Estates | Two Bedroom/ One Bathroom | 2BR,1BA | $1,355 |
Best Value Apartments for Rent in Baxter, MN and Nearby
As of July 23, 2026 the best value apartment in the Baxter area is the $1.74 price per square foot 2 Bed Townhome 1 Level Model at Pine Grove Estates in the starting from $1,915. The second greatest value Baxter apartment is the 219 W Laurel St Model at 219 W Laurel St, Unit Laurel St. 4- plex starting at $2,100 with a $2.10 price per square foot in the Downtown Brainerd neighborhood. Here is today’s list of the best values for Baxter apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pine Grove Estates | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| 219 W Laurel St, Unit Laurel St. 4- plex | 219 W Laurel St | 2BR,1BA | $2.10 |
| Circle Pines Apartments | 2 Bedroom | 2BR,1BA | $0.78 |
| Mississippi Terrace | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.44 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Baxter, MN Rentals by Map
See the most popular apartments and homes in Baxter, MN
Frequently Asked Questions about Cheap Baxter Apartments
How much is rent for a Cheap One Bedroom Baxter Apartment?
The lowest price for a Cheap One Bedroom Baxter Apartment is $727 at Oakcrest Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Baxter Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Baxter is starting from $590 at Circle Pines Apartments.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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
Written by: Robin Stewart
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
Written by: Robin Stewart
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.