
Cheap Homes for Rent near Canyon, MN from $750 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Canyon.


612 Adams Ave
Rent According to Income: A Look at Income-Restricted Rentals
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1209 Commonwealth Ave

313 N 21st Ave W
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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4329-4331 E Superior St
Canyon, MN Local Guide

How much does it cost to rent a home in Canyon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Canyon 2 Bedroom Homes for Rent | $1,497 | $850 | $1,995 |
| Canyon 3 Bedroom Homes for Rent | $1,984 | $1,395 | $3,500 |
| Canyon 4 Bedroom Homes for Rent | $2,565 | $1,945 | $3,750 |
| Canyon 5 Bedroom Homes for Rent | $2,105 | $2,105 | $2,105 |
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Canyon, MN Local Guide
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Cheapest Available Canyon Apartments for Rent and Nearby
 The cheapest available apartment rental in Canyon, MN is a Studio unit found at CityView Flats in the Observation Hill neighborhood priced from $1,000. Leijona Apartments in the Duluth Heights 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 Canyon apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CityView Flats | Studio | Studio,1BA | $1,000 |
| Leijona Apartments | 1BR/1.0BA | 1BR,1BA | $1,100 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Canyon, MN and Nearby
As of August 23, 2026 the best value apartment in the Canyon area is the $1.23 price per square foot 2bd 2bth Model at Maple Glen Estates in the in the Duluth Heights neighborhood starting from $1,600. The second greatest value Canyon apartment is the F Model at Capstone Apartments starting at $2,312 with a $1.88 price per square foot in the Duluth Heights neighborhood. Here is today’s list of the best values for Canyon apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Maple Glen Estates | 2bd 2bth | 2BR,2BA | $1.23 |
| Capstone Apartments | F | 2BR,2BA | $1.88 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1.29 |
| Leijona Apartments | 1BR/1.0BA | 1BR,1BA | $1.41 |
| Miller Hill Manor | 1 Bedroom-Corner Unit Dine in Kitchen | 1BR,1BA | $1.99 |
| Highland Village Apartments | 1/1, 765 SF | 1BR,1BA | $1.83 |
| Wahldorf | 2 bedroom | 2BR,1BA | $1.73 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1.47 |
| Mount Royal Manor | 2 Bedroom / 1 Bathroom - (Ground, 1st and 2nd F... | 2BR,1BA | $2.05 |
| 14th Street Apartments | 1 Bedroom | 1BR,1BA | $1.77 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Canyon
What type of rentals are currently available in Canyon?
There are currently 39 Apartments for Rent in Canyon, MN with pricing that ranges from $785 to $3,495. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon ranging from $750 to $3,750.
What is the current price range for Rental Homes in Canyon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Canyon ranges from $750 to $3,750 with an average monthly rent of $1,905.
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

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.

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.

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.

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.