
Cheap Apartments for Rent near Credit River, MN from $1,065 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Credit River.


The Felix

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Southwind Village

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The Oaks of Lakeville

Kestrel Village Apartments

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Creekside Commons Apartments

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Authentix Lakeville

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The Overlook at Crystal Lake
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.

Hearthwood Apartments

The Village at Five Hawks

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Arris Lakeville

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The Grainwood Senior Apartments

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Lakeville Woods

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Hidden Valley

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Northlake Lofts

Reside
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.

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SouthFork Townhomes Flats

Courtwood Village I

Marion Crossing

Spero Senior Living

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Lakeside Flats

Courtwood Village 2

Winfield Townhomes

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Rambush Estates
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.

16075 Joplin Ave

Provence

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Wildwood Lakeville - NOW OPEN!

9830 Upper 161st St W

7528 Parkridge Ln

16505 Timber Crest Dr SE

14534 Lockslie Trail

18340 Kerrville Trail
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.

361 Brutus Dr

824 MacBeth Cir
Credit River, MN Local Guide

Browse Top Apartments in Credit River
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Cheapest Available Credit River Apartments for Rent and Nearby
 The cheapest available apartment rental in Credit River, MN is a Studio unit found at Parkwood Apartments in the Downtown Prior Lake neighborhood priced from $1,065. The Felix in the Heart of the City neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,193. Here is today’s list of the most affordable Credit River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkwood Apartments | 1 and 2 bed | Studio, | $1,065 |
| The Felix | The Ventura | 1BR,1BA | $1,193 |
| Southwind Village | A1 | 1BR,1BA | $1,216 |
| Authentix Lakeville | 1 BR Horizon Overlook | 1BR,1BA | $1,398 |
| Arris Lakeville | Oak | Studio,1BA | $1,406 |
| The Overlook at Crystal Lake | S1 | Studio,1BA | $1,435 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1,450 |
| Lakeville Woods | Birch B | 1BR,1BA | $1,496 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1BA | $1,499 |
| Hidden Valley | Spruce | 1BR,1BA | $1,519 |
Best Value Apartments for Rent in Credit River, MN and Nearby
As of August 22, 2026 the best value apartment in the Credit River area is the $1.69 price per square foot The Highview - Single Family Home Model at Wildwood Lakeville - NOW OPEN! in the in the Timbercrest At Lakeville neighborhood starting from $4,508. The second greatest value Credit River apartment is the C1 Tamarack Model at The Crossing at Ritter Meadows starting at $2,725 with a $1.71 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for Credit River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wildwood Lakeville - NOW OPEN! | The Highview - Single Family Home | 4BR,2.5BA | $1.69 |
| The Crossing at Ritter Meadows | C1 Tamarack | 2BR,2.5BA | $1.71 |
| Winfield Townhomes | Style D | 3BR,2BA | $1.35 |
| Rambush Estates | 3 Bed, 2 Bath | 3BR,2BA | $1.55 |
| Provence | B4 | 2BR,2BA | $1.76 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.40 |
| Courtwood Village 2 | 2 Bed/ 2 Bath | 2BR,2BA | $1.74 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1.70 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1.68 |
| Lakeville Woods | Birch B | 1BR,1BA | $1.76 |
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.