
Cheap Apartments for Rent near Farwell, MN from $700 (63 Rentals)
Search the lowest-cost Apartments available for rent right now in Farwell.


97 7th Ave S

North Valley Apartments

Central Lakes

Spruce Place Apartments

Park South Apartments

Eastside Acres

Westfield Apartments

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Nature's Edge Apartments

McKay Apartments
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.

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Colonial Village Apartments

Twenty08 Apartments

10th Avenue Apartments

Water Station Apartments

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Broadway Apartments

Cascade Apartments

Westfield Apartments

River Bluff Apartments

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Trailside Apartments - 55+ Community

Runestone Grand Apartments
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.

Lakewood Apartments

Somerset Apartments

Riverside Apartments

1100 Elizabeth Ave SE

506 Flats Apartments

310 Hidden Acres Dr NW

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Granite Manor/Runestone

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Pheasant Run

Lincoln Apartments

East Side Stories Apartments
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.

706 W Lincoln Ave

East Point Village Apartments

407 E Soo St

Colonial Court

Page House

Osakis Community Manor

Silverleaf Apartments

Goldenwood

KMA - Highland Terrace Apartments

806 W 5th 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.

Heritage Apartments- Morris

Carolina Village

Willow Square

Greenleaf Apartments

Aspen Green II

Oak Ridge Manor Senior 62+ Apartments

1504 & 1508 Jefferson St

1612 8th St N

1605 7th St N

310 8th St N
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.
Farwell, MN Local Guide

How much does it cost to rent an apartment in Farwell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Farwell Studio Apartments | $1,089 | $775 | $1,355 |
| Farwell 1 Bedroom Apartments | $1,306 | $710 | $1,953 |
| Farwell 2 Bedroom Apartments | $1,570 | $755 | $2,500 |
| Farwell 3 Bedroom Apartments | $1,726 | $1,170 | $2,055 |
| Farwell 4 Bedroom Apartments | $1,959 | $1,295 | $2,155 |
Browse Top Apartments in Farwell
See all Apartments in FarwellExplore Farwell
Farwell, MN Local Guide
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Cheapest Available Farwell Apartments for Rent and Nearby
 The cheapest available apartment rental in Farwell, MN is a Studio unit found at North Valley Apartments priced from $700. Spruce Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $755. Here is today’s list of the most affordable Farwell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $755 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $768 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
| 10th Avenue Apartments | 1873 - Studio/1BA | Studio,1BA | $850 |
| Water Station Apartments | 1 bedroom | 1BR,1BA | $860 |
| Central Lakes | B.1 INCOME RESTRICTED | 1BR,1BA | $893 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $898 |
| Trailside Apartments - 55+ Community | COWDREY STUDIO - AVAILABLE FALL 2026! | Studio,1BA | $923 |
Best Value Apartments for Rent in Farwell, MN and Nearby
As of September 06, 2026 the best value apartment in the Farwell area is the $1.34 price per square foot 3 Bedrooms, 2 full, 4541 Arbor Xing SE Model at Granite Manor/Runestone in the starting from $1,763. The second greatest value Farwell apartment is the 2 Bed 1 Bath Bld 1&2 Model at Westfield Apartments starting at $1,345 with a $1.41 price per square foot . Here is today’s list of the best values for Farwell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Granite Manor/Runestone | 3 Bedrooms, 2 full, 4541 Arbor Xing SE | 3BR,2BA | $1.34 |
| Westfield Apartments | 2 Bed 1 Bath Bld 1&2 | 2BR,1BA | $1.41 |
| Broadway Garden Estates | 1 bedroom 1 bathroom | 1BR,1BA | $1.19 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Water Station Apartments | 1 bedroom | 1BR,1BA | $1.08 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.38 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.05 |
| Central Lakes | B.1 INCOME RESTRICTED | 1BR,1BA | $1.25 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Farwell, MN Rentals by Map
See the most popular apartments and homes in Farwell, MN
Frequently Asked Questions about Cheap Farwell Apartments
What is the Cheapest Studio apartment in Farwell?
Currently the most affordable Cheap Studio Apartment in Farwell is at North Valley Apartments listed at $700.
How much is rent for a Cheap One Bedroom Farwell Apartment?
The lowest price for a Cheap One Bedroom Farwell Apartment is $761 at Eastside Acres.
What is the lowest price for a Cheap Two Bedroom Farwell Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Farwell is starting from $755 at Spruce Place Apartments.
What is the most affordable Farwell Three Bedroom Apartment?
The best deal on a cheap Farwell Three Bedroom Apartment rental is at Bridgewater Estates and starts from $1,540.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.