Cheap Homes for Rent in Cambridge, MN from $1,000 (15 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Cambridge, MN Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MN

Pricing Updated: 06/17/2025

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$2,227$84276

Cheapest Available Cambridge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cambridge, MN is a Studio unit found at Sunrise Court Apartments in the Isanti Northern Suburbs neighborhood priced from $842. Isanti Village I in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Sunrise Court ApartmentsStudioStudio,1BA$842
Isanti Village I1 bedroom 1 bath1BR,1BA$1,100
Northern Oaks Apartments2 Bedroom2BR,1BA$1,152
The EmeraldStudio1BR,1BA$1,193
The Lodge at Oak LandingStudio One BathroomStudio,1BA$1,225

Best Value Apartments for Rent in Cambridge, MN and Nearby

As of June 18, 2025 the best value apartment in the Cambridge area is the $1.42 price per square foot 3 Bed Plus Den Model at The Emerald Townhomes in the in the Isanti Northern Suburbs neighborhood starting from $2,445. The second greatest value Cambridge apartment is the 3 Bedroom (50%) Model at The Bridgewell Apartments starting at $1,590 with a $1.36 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 Emerald Townhomes3 Bed Plus Den3BR,2.5BA$1.42
The Bridgewell Apartments3 Bedroom (50%)3BR,1.75BA$1.36
The Preserve of Cambridge2 Bedroom 2 Bathroom2BR,2BA$1.50
Northern Oaks Apartments2 Bedroom2BR,1BA$1.54
Isanti Village I1 bedroom 1 bath1BR,1BA$1.57
The EmeraldStudio1BR,1BA$2.09
The Lodge at Oak LandingStudio One BathroomStudio ,1BA$2.17
Sunrise Court ApartmentsStudioStudio ,1BA$1.56

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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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 $842 to $3,249. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cambridge ranging from $1,095 to $4,000.

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 $1,095 to $4,000 with an average monthly rent of $2,586.

How much are larger Three and Four Bedroom Rentals in Cambridge?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Cambridge range from $1,300 to $2,599, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,465 and Four Bedroom Apartments start at $1,770.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.