Cheap Homes for Rent in Cleveland, MN from $900 (16 Rentals)

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

property at 305 S Broadway St

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

1 Bedroom, 1 Bath Townhome for Rent

Available Now

305 S Broadway St

New UlmMN56073
property at 412 N Cedar St

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

412 N Cedar St

ChaskaMN55318
property at 325 E Washington St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

325 E Washington St

MankatoMN56001
property at 240 E Rice St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

240 E Rice St

OwatonnaMN55060
property at 815 N 4th St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 1 Bath Condo for Rent

Available Aug 11

815 N 4th St

MankatoMN56001

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.

property at 1611 5th Ave

$1,215

Total Monthly Price

Total Monthly Price

Base Rent
$1,215

Total Monthly Price
$1,215

1 Bedroom, 1 Bath Home for Rent

Available Now

1611 5th Ave

MankatoMN56001
property at 730 N Broad St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Condo for Rent

Available Sep 10

730 N Broad St

MankatoMN56001
property at 319 E Main St

$1,324

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,324

Total Monthly Price
$1,324

4 Bedroom, 2 Bath Home for Rent

Available Now

319 E Main St

MankatoMN56001
property at 960 N 3rd St

$1,315 - $1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 To 2 Bedroom Rentals

Available Aug 26

960 N 3rd St

St. PeterMN56082
property at 340 Webster Ave

$1,345 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

1 To 2 Bedroom Rentals

Available Aug 20

340 Webster Ave

North MankatoMN56003

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 725 N 6th St

$1,395

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

725 N 6th St

MankatoMN56001
property at 242 Belgrade Ave

$1,395 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 To 2 Bedroom Rentals

Available Sep 15

242 Belgrade Ave

North MankatoMN56003
property at 306 Louva Ln

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

306 Louva Ln

MankatoMN56001
property at 114 Lynn Ln

$1,440

Total Monthly Price

Total Monthly Price

Base Rent
$1,440

Total Monthly Price
$1,440

1 Bedroom, 1 Bath Home for Rent

Available Now

114 Lynn Ln

MankatoMN56001
property at 501 1st St W

$1,475

Total Monthly Price

Total Monthly Price

Base Rent
$1,475

Total Monthly Price
$1,475

2 Bedroom, 1 Bath Home for Rent

Available Now

501 1st St W

NorthfieldMN55057

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.

property at 103 Locust St

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

4 Bedroom, 1 Bath Condo for Rent

Available Jul 9

103 Locust St

MankatoMN56001

Cleveland, MN Local Guide

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 ListingModel NameBed/BathPriced From
442 Belgrade AveOne Bedroom1BR,1BA$835
Le Sueur Apartments1 Bedroom1BR,1BA$895
Hillcrest Apartments1BD/1BA1BR,1BA$895
Tiller+MainStudioStudio,1BA$900
Village Court Apartments1 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run TownhomesFox Run Townhomes2BR,2.5BA$1.13
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
Vista View Townhomes3 Bedroom Townhouse3BR,1.5BA$1.08
Autumn Wind TownhomesThree Bedroom3BR,1.5BA$1.27
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.00
Rock Ridge Apartments2 Bedroom 1 Bath2BR,1BA$1.14
Cedar Meadow Apartments3BR3BR,1BA$1.40
442 Belgrade AveOne Bedroom1BR,1BA$1.04
The Edge ApartmentsOne Bedroom1BR,1BA$1.39
Village Court Apartments1 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 Article
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Real 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 Article
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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Cleveland, MN Rentals by Map

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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.