Cheap Apartments for Rent in Cambridge, MN from $975 (15 Rentals)

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

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.

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The Jefferson
Studio Apartments

The Jefferson

215 Birch St SCambridge, MN 55008

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.

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Heritage Townhomes
1 to 2 Bedroom Apartments

Heritage Townhomes

1624 Garland St SCambridge, MN 55008
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Evergreen II Apartments
1 to 3 Bedroom Apartments

Evergreen II Apartments

403 8th Ave NEIsanti, MN 55040
  • Utilities Included
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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.

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Cambridge, MN Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MN

Pricing Updated: 09/01/2026

Current apartment rentals in the Cambridge, MN area range in price from $975 to $2,494 with an overall median price of $1,433. Here is today’s list neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Isanti Northern Suburbs$1,433$97549

Cheapest Available Cambridge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cambridge, MN is a 1 Bed unit found at Heritage Crossing Apartments in the Isanti Northern Suburbs neighborhood priced from $1,165. Evergreen Apartment Homes in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,196. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Heritage Crossing ApartmentsOne Bedroom One Bathroom BLDG B1BR,1BA$1,165
Evergreen Apartment HomesB12BR,1BA$1,196
The Emerald Apartments & TownhomesStudio1BR,1BA$1,241
The Preserve of Cambridge1 Bedroom 1 Bathroom1BR,1BA$1,315
Park Brook ApartmentsOne Bedroom with Pantry1BR,1BA$1,325

Best Value Apartments for Rent in Cambridge, MN and Nearby

As of September 01, 2026 the best value apartment in the Cambridge area is the $1.40 price per square foot 2 Bedroom (50%) Model at The Bridgewell Apartments in the in the Isanti Northern Suburbs neighborhood starting from $1,380. The second greatest value Cambridge apartment is the 2 Bedroom 1 Bathroom Model at The 601 Apartments starting at $1,530 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.
The Bridgewell Apartments2 Bedroom (50%)2BR,1BA$1.40
The 601 Apartments2 Bedroom 1 Bathroom2BR,1BA$1.61
Evergreen Apartment HomesB12BR,1BA$1.41
The Preserve of Cambridge1 Bedroom 1 Bathroom1BR,1BA$1.69
Park Brook ApartmentsOne Bedroom with Pantry1BR,1BA$1.74
Heritage Crossing ApartmentsOne Bedroom One Bathroom BLDG B1BR,1BA$1.66
The Lodge at Oak LandingOne Bedroom One Bathroom1BR,1BA$2.01
The Emerald Apartments & TownhomesStudio1BR,1BA$2.18

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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Cambridge, MN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
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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 $1,165 at Heritage Crossing 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 $1,196 at Evergreen Apartment Homes.

What is the most affordable Cambridge Three Bedroom Apartment?

The best deal on a cheap Cambridge Three Bedroom Apartment rental is at Evergreen Apartment Homes and starts from $1,541.

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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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.