
Cheap Homes for Rent near Federal Dam, MN from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Federal Dam.


17193 Lisa Ct

921 4th Ave NE

228 Aspen Ave S

911 2nd Ave NE
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.

1115 6th Ave NE

1311 8th Ave NE

30917 S Oak St

10490 US-169

403 Park Ave NW
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.

1123 2nd St SE
Federal Dam, MN Local Guide

How much does it cost to rent a home in Federal Dam?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Federal Dam 2 Bedroom Homes for Rent | $1,450 | $900 | $2,500 |
| Federal Dam 3 Bedroom Homes for Rent | $2,082 | $1,135 | $5,995 |
| Federal Dam 4 Bedroom Homes for Rent | $2,549 | $1,650 | $4,000 |
| Federal Dam 5 Bedroom Homes for Rent | $2,398 | $1,900 | $3,295 |
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Federal Dam, MN Local Guide
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Cheapest Available Federal Dam Apartments for Rent and Nearby
 The cheapest available apartment rental in Federal Dam, MN is a 1 Bed unit found at Meadowview Apartments priced from $700. Deering Manor - Section 8: 62+ ,Handicapped, has the second lowest priced unit, which is a 1 Bed apartment currently listed from $715. Here is today’s list of the most affordable Federal Dam apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $715 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $793 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $794 |
Best Value Apartments for Rent in Federal Dam, MN and Nearby
As of July 28, 2026 the best value apartment in the Federal Dam area is the $1.74 price per square foot 2 Bed Townhome 1 Level Model at Pine Grove Estates in the starting from $1,915. The second greatest value Federal Dam apartment is the Two bedroom/ One bathroom Model at Presidential Estates/ Justice Apartments starting at $1,000 with a $0.91 price per square foot . Here is today’s list of the best values for Federal Dam apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pine Grove Estates | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | 2BR,1BA | $0.91 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.56 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.34 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $1.30 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.22 |
| Canal Apartments | Efficiency | Studio ,1BA | $1.78 |
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 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.
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Frequently Asked Questions about Federal Dam
What type of rentals are currently available in Federal Dam?
There are currently 49 Apartments for Rent in Federal Dam, MN with pricing that ranges from $580 to $2,495. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Federal Dam ranging from $825 to $5,995.
What is the current price range for Rental Homes in Federal Dam?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Federal Dam ranges from $825 to $5,995 with an average monthly rent of $1,975.
How much are larger Three and Four Bedroom Rentals in Federal Dam?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Federal Dam range from $1,175 to $2,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,135 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,400.
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.

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.

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.

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.