
Cheap Homes for Rent in Canyon, MN from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Canyon.


1017 Tower Ave

414 6th St S

617 E 8th St
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.

209 E 4th St

1221 Commonwealth Ave

2024 E 6th St

923 E Central Entrance
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.
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 | $2,083 | $1,000 | $3,995 |
Canyon 3 Bedroom Homes for Rent | $2,131 | $1,695 | $3,150 |
Canyon 4 Bedroom Homes for Rent | $2,420 | $673 | $3,350 |
Canyon 5 Bedroom Homes for Rent | $2,395 | $2,395 | $2,395 |
Browse Top Homes for Rent in Canyon
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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 1 Bed unit found at 20 W 3rd St in the Observation Hill neighborhood priced from $850. 521 W 2nd Street - Leijona in the Duluth Heights neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Canyon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
20 W 3rd St | G | 1BR,1BA | $850 |
521 W 2nd Street - Leijona | 0BR/1.0BA | Studio,1BA | $950 |
14th Street Apartments | Studio | Studio,1BA | $975 |
Best Value Apartments for Rent in Canyon, MN and Nearby
As of June 25, 2025 the best value apartment in the Canyon area is the $1.23 price per square foot 2 Bed Model at Tropicana Apartments in the in the East End neighborhood starting from $1,600. The second greatest value Canyon apartment is the 2 Bedroom- 1 Bath In Unit Laundry & Storage Unit Model at Ridgewood Apartments starting at $1,850 with a $1.55 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. |
---|---|---|---|
Tropicana Apartments | 2 Bed | 2BR,2BA | $1.23 |
Ridgewood Apartments | 2 Bedroom- 1 Bath In Unit Laundry & Storage Unit | 2BR,1BA | $1.55 |
Aery | Two Bedroom | 2BR,2BA | $1.92 |
Summit Ridge Luxury Apartments | Park Point | 3BR,2BA | $0.64 |
Brewery Creek Apartments | 2 Bedroom with Den | 2BR,1BA | $0.92 |
Village Place Apartments | 2 Bedroom Market Rate | 2BR,1BA | $1.30 |
Village at Matterhorn | 2 Bedroom Income Restricted | 2BR,1BA | $1.06 |
Highland Village Apartments | 1BR KNOLL | 1BR,1BA | $1.59 |
20 W 3rd St | G | 1BR,1BA | $1.13 |
14th Street Apartments | Studio | Studio ,1BA | $1.86 |
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Frequently Asked Questions about Canyon
What type of rentals are currently available in Canyon?
There are currently 35 Apartments for Rent in Canyon, MN with pricing that ranges from $765 to $3,371. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon ranging from $673 to $3,995.
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 $673 to $3,995 with an average monthly rent of $1,909.
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.

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.

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.

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.

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.