Cheap Apartments for Rent in Farmington, MN from $800 (17 Rentals)

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

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Cameron Woods
1 to 3 Bedroom Apartments

Cameron Woods

18400-18500 Euclid StFarmington, MN 55024
Senior Living
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900 8th St
1 to 2 Bedroom Apartments

900 8th St

900 8th StFarmington, MN 55024
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917 9th St
Studio Apartments

917 9th St

917 9th StFarmington, MN 55024

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.

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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Livery Modern Apartments
Rent Specials
$1,834 - $5,312
Total Monthly Price

Total Monthly Price

Base Rent
$1,739 - $5,217
Required Monthly Fees
$95

Total Monthly Price
$1,834 - $5,312
1 to 3 Bedroom Apartments Available Now

Livery Modern Apartments

5076 161st St WLakeville, MN 55044
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Springs at Lakeville
Rent Specials
$1,503 - $2,857
Total Monthly Price

Total Monthly Price

Base Rent
$1,357 - $2,711
Required Monthly Fees
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Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Springs at Lakeville

17400 Glacier WayLakeville, MN 55044
Corporate Housing
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The Edison at Spirit
$1,601 - $2,027
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,593 - $2,019
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Aug 21

The Edison at Spirit

5181 161st StLakeville, MN 55044
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The Edison at Avonlea
$1,507 - $1,934
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,499 - $1,926
Required Monthly Fees
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Total Monthly Price
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1 to 3 Bedroom Apartments Available Aug 6

The Edison at Avonlea

7255 181st St WLakeville, MN 55044
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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.

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Wexford Place
1 to 3 Bedroom Apartments

Wexford Place

15850 Chippendale Ave WRosemount, MN 55068
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Cobblestone Square
1 to 2 Bedroom Apartments

Cobblestone Square

15848 Emperor AveSt. Paul, MN 55124
Senior Living

Farmington, MN Local Guide

Cheapest Neighborhoods for Apartments in Farmington, MN

Pricing Updated: 07/31/2026

Current apartment rentals in the Farmington, MN area range in price from $1,250 to $2,857 with an overall median price of $2,483. Here is today’s list neighborhoods with the lowest median pricing for Farmington Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Mystic Meadows$2,483$1,25024

Cheapest Available Farmington Apartments for Rent

 

The cheapest available apartment rental in Farmington, MN is a 2 Beds unit found at Centennial & Heritage Apartments in the Wood Hill neighborhood priced from $1,350. Springs at Lakeville in the Donnelly Farm neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,503. Here is today’s list of the most affordable Farmington apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Centennial & Heritage Apartments2 BD/1 BA (715)2BR,1BA$1,350
Springs at LakevilleStudio Grand OverlookStudio,1BA$1,503
Farmington Family Townhomes2 Bedroom Tax Credit2BR,1BA$1,521
Rye ApartmentsDanko1BR,1BA$1,695
Springs At Cobblestone Lake2 BR Grand Overlook2BR,2BA$2,153

Best Value Apartments for Rent in Farmington, MN

As of August 01, 2026 the best value apartment in the Farmington area is the $1.22 price per square foot 2 Bedroom Tax Credit Model at Farmington Family Townhomes in the in the Wood Hill neighborhood starting from $1,521. The second greatest value Farmington apartment is the 2 BR Grand Overlook Model at Springs At Cobblestone Lake starting at $2,153 with a $1.81 price per square foot in the Glendalough neighborhood. Here is today’s list of the best values for Farmington apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Farmington Family Townhomes2 Bedroom Tax Credit2BR,1BA$1.22
Springs At Cobblestone Lake2 BR Grand Overlook2BR,2BA$1.81
Livery Modern ApartmentsKinsey (Lower)2BR,2BA$2.28
Centennial & Heritage Apartments2 BD/1 BA (715)2BR,1BA$1.89
The Emery ApartmentsOne Bedroom1BR,1BA$2.16
Rye ApartmentsDanko1BR,1BA$2.40
Springs at LakevilleStudio Grand OverlookStudio ,1BA$2.27

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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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.

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Frequently Asked Questions about Cheap Farmington Apartments

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

The lowest price for a Cheap One Bedroom Farmington Apartment is $1,525 at The Emery Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Farmington is starting from $1,350 at Centennial & Heritage Apartments.

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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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.

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.