Cheap Homes for Rent in Cambridge, MN from $1,400 (13 Rentals)

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

property at 607 W Broadway Ave

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

607 W Broadway Ave

Forest LakeMN55025
property at 12215 Urbank St NE

$1,844

Total Monthly Price

Total Monthly Price

Base Rent
$1,844

Total Monthly Price
$1,844

2 Bedroom, 3 Bath Townhome for Rent

Available Now

12215 Urbank St NE

BlaineMN55449

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.

property at 12648 Pond View Rd

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 2 Bath Townhome for Rent

Available Now

12648 Pond View Rd

ZimmermanMN55398
property at 17127 Polk St NW

$1,995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

17127 Polk St NW

Elk RiverMN55330
property at 7224 147th Terrace NW

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 2 Bath Home for Rent

Available Now

property at 3901 9th Ln

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

4 Bedroom, 2 Bath Home for Rent

Available Now

3901 9th Ln

AnokaMN55303
property at 11514 Baltimore St NE

$2,045

Total Monthly Price

Total Monthly Price

Base Rent
$2,045

Total Monthly Price
$2,045

2 Bedroom, 2 Bath Home for Rent

Available Jul 1

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.

property at 1796 Calhoun Ct S

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 2 Bath Townhome for Rent

Available Jun 8

1796 Calhoun Ct S

CambridgeMN55008

Cambridge, MN Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MN

Pricing Updated: 06/05/2026

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$1,780$1,11527

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. The Emerald Apartments & Townhomes in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,241. 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
The Emerald Apartments & TownhomesStudio1BR,1BA$1,241
The Preserve of Cambridge1 Bedroom 1 Bathroom1BR,1BA$1,315
The 601 Apartments1 Bedroom 1 Bathroom1BR,1BA$1,320
The Lodge at Oak LandingOne Bedroom One Bathroom1BR,1BA$1,392

Best Value Apartments for Rent in Cambridge, MN

As of June 05, 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 2 Bedroom 1 Bathroom Model at The Preserve of Cambridge starting at $1,490 with a $1.71 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
The Preserve of Cambridge2 Bedroom 1 Bathroom2BR,1BA$1.71
Isanti Village ApartmentsOne Bedroom One Bathroom BLDG D1BR,1BA$1.59
The 601 Apartments1 Bedroom 1 Bathroom1BR,1BA$1.89
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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Quick 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.

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

Explore Cambridge, MN Rentals by Map

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Frequently Asked Questions about Cambridge

What type of rentals are currently available in Cambridge?

There are currently 35 Apartments for Rent in Cambridge, MN with pricing that ranges from $1,115 to $2,494. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $1,400 to $7,900.

What is the current price range for Rental Homes in Cambridge?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Cambridge ranges from $1,400 to $7,900 with an average monthly rent of $3,056.

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

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.