
Cheap Apartments for Rent near Cleveland, MN from $400 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Cleveland.


Maplewood Apartments

Total Monthly Price
Highland Hills Apartments

Fairview Apartments

Glenwood Terrace

Le Sueur Apartments

Total Monthly Price
Village Court Apartments

Total Monthly Price
The Grove at Mankato

Huntington Hills Apartments & Townhomes

Tiller Place
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Southwood Flats

Belle Court

Le Sueur Meadows

Total Monthly Price
The Edge Apartments

Key City Group, LLC (BT)

Philipp Square Senior Apartments 55+

Total Monthly Price
River Bluff Apartments

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Augusta Park Estates

Riverfront Court

Vista View Townhomes
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Skyway Properties LLC

Total Monthly Price
STP Group, LLC (ROK)

Tiller+Main

Total Monthly Price
Traverse Green

Cedar Meadow Apartments

Total Monthly Price
Legacy Park Estates

Dublin Road Townhomes

The Forde

Welco West

Capital Lofts
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
Woodside Apartments

Cardinal Creek Apartments

Lewis Lofts

Northview Apartments

Liberty Park Apartments Senior Community-62+

Hillcrest Apartments

Knollcrest

Rock Ridge Apartments

561 S Elk St

107 S 5th St
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.

Rita Road

325.5 McKinley Ave

Pfau Reed Apartments

815 N 4th St

1611 5th Ave

1109 1st Ave NW

Creekside Townhomes

1738-1740 Colette Dr

Northgate Townhomes

Dublin Heights
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.
Cleveland, MN Local Guide

How much does it cost to rent an apartment in Cleveland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cleveland Studio Apartments | $1,208 | $1,120 | $1,315 |
| Cleveland 1 Bedroom Apartments | $1,253 | $830 | $2,155 |
| Cleveland 2 Bedroom Apartments | $1,362 | $960 | $2,150 |
| Cleveland 3 Bedroom Apartments | $1,551 | $1,015 | $2,415 |
| Cleveland 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Browse Top Apartments in Cleveland
See all Apartments in ClevelandExplore Cleveland
Cleveland, MN Local Guide
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Cheapest Available Cleveland Apartments for Rent and Nearby
 The cheapest available apartment rental in Cleveland, MN is a 1 Bed unit found at Highland Hills Apartments in the University neighborhood priced from $855. Le Sueur Apartments in the Le Sueur County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Cleveland apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Maplewood Place | 1BR,1BA | $855 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Maplewood Apartments | 2 Beds, 1 bath | 2BR,1BA | $960 |
| Huntington Hills Apartments & Townhomes | 1BR Apartment | 1BR,1BA | $1,000 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,004 |
| Belle Court | Unit A111 | 1BR,1BA | $1,025 |
| Le Sueur Meadows | Two Bedroom | 2BR,1BA | $1,030 |
| The Edge Apartments | One Bedroom | 1BR,1BA | $1,080 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1,095 |
Best Value Apartments for Rent in Cleveland, MN and Nearby
As of August 20, 2026 the best value apartment in the Cleveland area is the $1.19 price per square foot 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value Cleveland apartment is the 3 Bedroom Townhouse Model at Vista View Townhomes starting at $1,297 with a $1.08 price per square foot . Here is today’s list of the best values for Cleveland apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.19 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Rock Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.13 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| Le Sueur Meadows | Three Bedroom | 3BR,1BA | $1.25 |
| Maplewood Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.02 |
| Welco West | 2 Bedroom | 2BR,1BA | $1.26 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.30 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1.23 |
| The Edge Apartments | One Bedroom | 1BR,1BA | $1.39 |
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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Cleveland, MN Rentals by Map
See the most popular apartments and homes in Cleveland, MN
Frequently Asked Questions about Cheap Cleveland Apartments
How much is rent for a Cheap One Bedroom Cleveland Apartment?
The lowest price for a Cheap One Bedroom Cleveland Apartment is $855 at Highland Hills Apartments.
What is the lowest price for a Cheap Two Bedroom Cleveland Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Cleveland is starting from $960 at Maplewood Apartments.
What is the most affordable Cleveland Three Bedroom Apartment?
The best deal on a cheap Cleveland Three Bedroom Apartment rental is at Maplewood Apartments and starts from $1,015.
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.