Cheap Apartments for Rent in Cambridge, MN from $700 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cambridge.

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.

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The Jefferson
Studio Apartments

The Jefferson

215 Birch St SCambridge, MN 55008

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.

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Hertiage Townhomes
1 to 2 Bedroom Apartments

Hertiage Townhomes

1624 Garland St SCambridge, MN 55008

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.

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Evergreen II Apartments
1 to 3 Bedroom Apartments

Evergreen II Apartments

403 8th Ave NEIsanti, MN 55040
  • Utilities Included
  • Smoke Free
Showing Results 1-16, Page 1 of 1

Cambridge, MN Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MN

Pricing Updated: 05/31/2026

Current apartment rentals in the Cambridge, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Isanti Northern Suburbs$1,755$1,11524

Cheapest Available Cambridge Apartments for Rent

 

The cheapest available apartment rental in Cambridge, MN is a 1 Bed unit found at Isanti Village Apartments in the Isanti Northern Suburbs neighborhood priced from $1,115. Roosevelt Flats in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,285. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Isanti Village ApartmentsOne Bedroom One Bathroom BLDG D1BR,1BA$1,115
Roosevelt Flats1 Bedroom 1 Bathroom1BR,1BA$1,285
The Emerald Apartments & TownhomesOne Bedroom One Bath1BR,1BA$1,310
The Preserve of Cambridge1 Bedroom 1 Bathroom1BR,1BA$1,315
The 601 Apartments1 Bedroom 1 Bathroom1BR,1BA$1,320

Best Value Apartments for Rent in Cambridge, MN

As of May 31, 2026 the best value apartment in the Cambridge area is the $1.60 price per square foot 2 Bedroom/2 Bath Apartment (Building B) Model at Park Brook Apartments in the in the Isanti Northern Suburbs neighborhood starting from $1,550. The second greatest value Cambridge apartment is the 1 Bedroom 1 Bathroom Model at Roosevelt Flats starting at $1,285 with a $1.61 price per square foot in the Isanti Northern Suburbs neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Park Brook Apartments2 Bedroom/2 Bath Apartment (Building B)2BR,2BA$1.60
Roosevelt Flats1 Bedroom 1 Bathroom1BR,1BA$1.61
The Preserve of Cambridge1 Bedroom 1 Bathroom1BR,1BA$1.69
The Emerald Apartments & TownhomesOne Bedroom One Bath1BR,1BA$1.76
The 601 Apartments1 Bedroom 1 Bathroom1BR,1BA$1.89
Isanti Village ApartmentsOne Bedroom One Bathroom BLDG D1BR,1BA$1.59
The Lodge at Oak LandingOne Bedroom One Bathroom1BR,1BA$2.01

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.

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Real 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.

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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.

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Best Local Schools in
Cambridge, MN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Cambridge Apartments

How much is rent for a Cheap One Bedroom Cambridge Apartment?

The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,115 at Isanti Village Apartments.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $1,450 at Park Brook 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

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.