Cheap Apartments for Rent in Delano, MN from $500 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in Delano.

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Honeytree III
1 to 2 Bedroom Apartments

Honeytree III

307 Honeytree DrDelano, MN 55328
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Ridge Manor
1 to 2 Bedroom Apartments

Ridge Manor

129 5th St SDelano, MN 55328
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Rock Meadows
1 to 2 Bedroom Apartments

Rock Meadows

300 Honeytree DrDelano, MN 55328

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.

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.

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The Dylan Apartments
Rent Specials
$1,381 - $2,442
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,366 - $2,427
Required Monthly Fees
$15

Total Monthly Price
$1,381 - $2,442
Studio to 3 Bedroom Apartments Available Now

The Dylan Apartments

11910 Town Center drSaint Michael, MN 55376
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The Otto
Rent Specials
$1,433 - $2,401
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,393
Required Monthly Fees
$8

Total Monthly Price
$1,433 - $2,401
Studio to 2 Bedroom Apartments Available Now

The Otto

601 Industrial Blvd WWaconia, MN 55387
Luxury
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  • Customer Reviewed
  • 3D Tour
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The Uptown Apartments
$1,444 - $2,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $2,200
Required Monthly Fees
$60

Total Monthly Price
$1,444 - $2,260
1 to 2 Bedroom Apartments Available Now

The Uptown Apartments

233 S Olive StWaconia, MN 55387
Senior Living
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Oakwood
Rent Specials
$1,489 - $3,564
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $3,560
Required Monthly Fees
$4

Total Monthly Price
$1,489 - $3,564
1 to 2 Bedroom Apartments Available Now

Oakwood

17600 14th Ave NPlymouth, MN 55447
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Wilford
$1,563 - $3,473
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,490 - $3,400
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Wilford

140 S Elm StWaconia, MN 55387
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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.

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Victoria Flats
$1,603 - $2,603
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $2,595
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Victoria Flats

1699 Steiger Lake LnVictoria, MN 55386
Luxury
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  • Customer Reviewed
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Juniper
Rent Specials
$1,610 - $3,289
Total Monthly Price

Total Monthly Price

Base Rent
$1,595 - $3,274
Required Monthly Fees
$15

Total Monthly Price
$1,610 - $3,289
1 to 3 Bedroom Apartments Available Now

Juniper

4701 Kings Point RoadMinnetrista, MN 55331
Furnished
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Rush Creek Apartments
Rent Specials
$1,644 - $2,564
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,640 - $2,560
Required Monthly Fees
$4

Total Monthly Price
$1,644 - $2,564
Studio to 3 Bedroom Apartments Available May 3

Rush Creek Apartments

7148 Brockton Ln NMaple Grove, MN 55311
Corporate Housing
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Rowe
Rent Specials
$1,764 - $3,762
Total Monthly Price

Total Monthly Price

Base Rent
$1,695 - $3,693
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Rowe

7980 Rose StVictoria, MN 55386
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AbleLight Village
$1,855 - $2,355
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $2,305
Required Monthly Fees
$50

Total Monthly Price
$1,855 - $2,355
1 to 2 Bedroom Apartments Available Now

AbleLight Village

1519 82nd StVictoria, MN 55386
Senior Living
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  • Customer Reviewed
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
Senior Living
  • Utilities Included
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included
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9080 County Road 50
Studio to 2 Bedroom Apartments

9080 County Road 50

9080 County Road 50Rockford, MN 55373
  • Utilities Included
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Deer Run Apartments
2 to 3 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
  • Utilities Included
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included
property at 604 White St SW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

604 White St SW

WatertownMN55388
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3rd Ave Apartments
1 Bedroom Apartments

3rd Ave Apartments

1009 3rd Ave NEBuffalo, MN 55313
  • Utilities Included
property at 64 E 13th St

$1,640

Total Monthly Price

Total Monthly Price

Base Rent
$1,640

Total Monthly Price
$1,640

2 Bedroom, 1 Bath Townhome for Rent

Available Now

64 E 13th St

WaconiaMN55387

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Delano, MN Local Guide

Cheapest Neighborhoods for Apartments in Delano, MN

Pricing Updated: 04/28/2026

Current apartment rentals in the Delano, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Delano Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Highland Ridge$1,460$1,1294

Cheapest Available Delano Apartments for Rent and Nearby

 

The cheapest available apartment rental in Delano, MN is a 2 Beds unit found at Shoreline Place in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,059. Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,120. Here is today’s list of the most affordable Delano apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1,120
Plymouth ColonyOne Bed Standard1BR,1BA$1,170
Shorewood Place Apartments1 Bedroom1BR,1BA$1,195
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1,199
Village Place Apartments of BuffaloOne Bedroom1BR,1BA$1,200
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1,200
Evergreen Square Apartments2 bedroom 1 bath2BR,1BA$1,246
Riverwalk Apartments2 bedroom remodel2BR,1BA$1,299
The Dylan ApartmentsHarmony StudioStudio,1BA$1,381

Best Value Apartments for Rent in Delano, MN and Nearby

As of April 28, 2026 the best value apartment in the Delano area is the $1.81 price per square foot 2BR1 Model at The Uptown Apartments in the in the Waterford Heartland Row neighborhood starting from $1,890. The second greatest value Delano apartment is the 2BR/2.0BA Model at Highcroft Manor Apartments Located in Wayzata, MN starting at $1,598 with a $1.55 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Delano apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Uptown Apartments2BR12BR,2BA$1.81
Highcroft Manor Apartments Located in Wayzata, MN2BR/2.0BA2BR,2BA$1.55
Evergreen Square Apartments2 bedroom 1 bath2BR,1BA$1.30
Plymouth Colony2 Bed w/Laundry Remodelled2BR,1.5BA$1.52
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.44
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
Shoreline Place2 bed / 1 ba (updated)2BR,1BA$1.60
Lakecrest Village1 Bedroom 1 Bathroom1BR,1BA$1.64
Dockside Apartments on Lake MinnetonkaThe Marina1BR,1BA$1.60
Shorewood Place Apartments1 Bedroom1BR,1BA$1.71

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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 Delano, MN Rentals by Map

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Frequently Asked Questions about Cheap Delano Apartments

What is the Cheapest Studio apartment in Delano?

Currently the most affordable Cheap Studio Apartment in Delano is at The Dylan Apartments listed at $1,381.

How much is rent for a Cheap One Bedroom Delano Apartment?

The lowest price for a Cheap One Bedroom Delano Apartment is $1,120 at Dockside Apartments on Lake Minnetonka.

What is the lowest price for a Cheap Two Bedroom Delano Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Delano is starting from $1,059 at Shoreline Place.

What is the most affordable Delano Three Bedroom Apartment?

The best deal on a cheap Delano Three Bedroom Apartment rental is at The Dylan Apartments and starts from $2,379.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.