
Cheap Homes for Rent in Cleveland, MN from $900 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Cleveland.


412 N Cedar St

325 E Washington St

240 E Rice St

815 N 4th 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.

1611 5th Ave

730 N Broad St

319 E Main St

960 N 3rd St

340 Webster Ave
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.

725 N 6th St

242 Belgrade Ave

306 Louva Ln

114 Lynn Ln

501 1st St W
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.

103 Locust St
Cleveland, MN Local Guide

How much does it cost to rent a home in Cleveland?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cleveland 2 Bedroom Homes for Rent | $1,672 | $1,475 | $2,010 |
| Cleveland 3 Bedroom Homes for Rent | $1,708 | $1,150 | $2,395 |
| Cleveland 4 Bedroom Homes for Rent | $2,159 | $1,324 | $2,995 |
| Cleveland 5 Bedroom Homes for Rent | $3,620 | $2,250 | $4,990 |
Browse Top Homes for Rent in Cleveland
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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 442 Belgrade Ave in the City Center Mankato neighborhood priced from $835. Le Sueur Apartments 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 |
|---|---|---|---|
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Hillcrest Apartments | 1BD/1BA | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
Best Value Apartments for Rent in Cleveland, MN and Nearby
As of June 12, 2026 the best value apartment in the Cleveland area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. The second greatest value Cleveland apartment is the Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 price per square foot in the University neighborhood. 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. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| Rock Ridge Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.40 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| The Edge Apartments | One Bedroom | 1BR,1BA | $1.39 |
| Village Court Apartments | 1 Bed, 1 Bath (renovated) | 1BR,1BA | $1.41 |
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!
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Frequently Asked Questions about Cleveland
What type of rentals are currently available in Cleveland?
There are currently 68 Apartments for Rent in Cleveland, MN with pricing that ranges from $685 to $2,794. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Cleveland ranging from $945 to $4,990.
What is the current price range for Rental Homes in Cleveland?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Cleveland ranges from $945 to $4,990 with an average monthly rent of $2,073.
How much are larger Three and Four Bedroom Rentals in Cleveland?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Cleveland range from $1,155 to $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,324 and Four Bedroom Apartments start at $1,780.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.