Cheap Homes for Rent in Canyon, MN from $1,200 (8 Rentals)

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

property at 923 E Central Entrance

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

Studio, 1 Bath Condo for Rent

Available Now

property at 921 E 8th St

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 Bedroom, 1 Bath Home for Rent

Available Mar 2, 2026

921 E 8th St

DuluthMN55805

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 2324 W 7th St

$1,425

Total Monthly Price

Total Monthly Price

Base Rent
$1,425

Total Monthly Price
$1,425

2 Bedroom, 1 Bath Home for Rent

Available Now

2324 W 7th St

DuluthMN55806
property at 521 Jackson St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 2 Bath Home for Rent

Available Now

521 Jackson St

EvelethMN55734
property at 908 W 4th St

$1,550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

Studio, 1 Bath Home for Rent

Available Now

908 W 4th St

EvelethMN55734
property at 209 E 3rd St

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

1 Bedroom Rentals

Available Now

209 E 3rd St

DuluthMN55805

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.

Canyon, MN Local Guide

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. Mount Royal Manor in the Congdon neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,075. Here is today’s list of the most affordable Canyon apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CityView FlatsStudioStudio,1BA$1,000
Mount Royal ManorEfficiency / 1 Bathroom - (5th and 6th Floor)Studio,1BA$1,075
521 W 2nd Street - Leijona0BR/1.0BAStudio,1BA$1,095

Best Value Apartments for Rent in Canyon, MN and Nearby

As of December 27, 2025 the best value apartment in the Canyon area is the $1.33 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 Park Point Model at Summit Ridge Luxury Apartments starting at $706 with a $0.64 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Tropicana Apartments2 Bed2BR,2BA$1.33
Summit Ridge Luxury ApartmentsPark Point3BR,2BA$0.64
Deerfield Townhomes2 Bed 1.5 Bath2BR,1.5BA$1.65
Village at Matterhorn2 Bedroom Market Rate2BR,1BA$1.22
Ridgewood Apartments1 Bedroom 1 Bath1BR,1BA$1.69
Mount Royal Apartment2 Bedrooms, 1 Bathroom2BR,1BA$1.74
Village Place Apartments1 Bedroom Market Rate1BR,1BA$1.38
Villa Hills2 Bed 1 Bath, First Floor2BR,1BA$1.73
Highland Village Apartments1 Bedroom1BR,1BA$1.60
14th Street Apartments1 Bedroom1BR,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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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 35 Apartments for Rent in Canyon, MN with pricing that ranges from $785 to $3,899. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Canyon ranging from $1,250 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 $1,250 to $3,995 with an average monthly rent of $2,206.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Canyon range from $1,525 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,995. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,850.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!