Cheap Homes for Rent in Cambridge, MN from $1,300 (12 Rentals)

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

property at 8956 Griggs Ave

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Townhome for Rent

Available Now

8956 Griggs Ave

Circle PinesMN55014
property at 12654 Pond View Rd

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

3 Bedroom, 2 Bath Home for Rent

Available May 1

12654 Pond View Rd

ZimmermanMN55398
property at 591 William St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 3 Bath Home for Rent

Available Now

591 William St

Big LakeMN55309

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 22167 156th St NW

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

3 Bedroom, 1 Bath Home for Rent

Available May 1

22167 156th St NW

Elk RiverMN55330
property at 11418 5th Pl NE

$1,950

Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

3 Bedroom, 2 Bath Home for Rent

Available Now

11418 5th Pl NE

BlaineMN55434
property at 125 113th Square NE

$1,990

Total Monthly Price

Total Monthly Price

Base Rent
$1,990

Total Monthly Price
$1,990

3 Bedroom, 2 Bath Home for Rent

Available Now

125 113th Square NE

BlaineMN55434
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 May 1

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

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.

Cambridge, MN Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MN

Pricing Updated: 04/21/2026

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$1,11530

Cheapest Available Cambridge Apartments for Rent and Nearby

 

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 Lodge at Oak LandingStudio 1 bathroom plus denStudio,1BA$1,326

Best Value Apartments for Rent in Cambridge, MN and Nearby

As of April 21, 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 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.
Park Brook Apartments2 Bedroom/2 Bath Apartment (Building B)2BR,2BA$1.60
The 601 Apartments2 Bedroom 1 Bathroom2BR,1BA$1.61
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
Isanti Village ApartmentsOne Bedroom One Bathroom BLDG C1BR,1BA$1.66
The Lodge at Oak LandingOne Bedroom One Bathroom1BR,1BA$1.95

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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!

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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 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $1,375 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 $1,375 to $7,900 with an average monthly rent of $3,147.

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

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.