Cheap Apartments for Rent in Granada, MN from $500 (42 Rentals)

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

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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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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Hoover Estates
$1,065
Total Monthly Price

Total Monthly Price

Base Rent
$1,050
Required Monthly Fees
$15
Total Monthly Price
$1,065
2 Bedroom Apartments Contact Us For Availability

Hoover Estates

1866 Lee BlvdNorth Mankato, MN 56003
  • Verified
  • Utilities Included
  • Low Income

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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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included
property at 633 S 2nd St

633 S 2nd St

MankatoMN56001
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528 N Grant St
1 to 3 Bedroom Apartments

528 N Grant St

528 N Grant StBlue Earth, MN 56013
  • Utilities Included
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219 6th St SW
1 to 2 Bedroom Apartments

219 6th St SW

219 6th St SWMadelia, MN 56062
  • 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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property at 305 W Wenberg St

305 W Wenberg St

DunnellMN56127
property at 702 E Main St

702 E Main St

Albert LeaMN56007
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River Bluff Townhomes
3 to 4 Bedroom Apartments

River Bluff Townhomes

300-302 Highway 71 SJackson, MN 56143
  • Utilities Included
property at 301 S Prairie St

301 S Prairie St

SherburnMN56171
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Eagle Ridge Townhomes
2 to 3 Bedroom Apartments

Eagle Ridge Townhomes

100-900 Homedale DrJackson, MN 56143
  • Utilities Included
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201 Pilgrim St
2 Bedroom Apartments

201 Pilgrim St

201 Pilgrim StSaint Clair, MN 56080
  • Utilities Included
property at 520 N Grant St

520 N Grant St

Blue EarthMN56013

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.

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Ashley Estates
1 to 3 Bedroom Apartments

Ashley Estates

314 1st StJackson, MN 56143
  • Utilities Included
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107 S 5th St
Studio to 2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001
Showing Results 1-42, Page 1 of 1

Granada, MN Local Guide

Cheapest Available Granada Apartments for Rent and Nearby

 

The cheapest available apartment rental in Granada, MN is a Studio unit found at Tallgrass Village Apartments & Townhomes priced from $655. Deer Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. Here is today’s list of the most affordable Granada apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Tallgrass Village Apartments & TownhomesStudio ApartmentStudio,1BA$655
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$675
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
Highland Hills ApartmentsStudioStudio,1BA$750
1212 Heckman CtStudioStudio,1BA$750
St. James ApartmentsOne Bedroom1BR,1BA$900
College Station1 Bedroom1BR,1BA$931
Glenwood Terrace2 BR/ 1 BA2BR,1BA$950
Village Place Apartments1 BR Large W/Den1BR,1BA$975

Best Value Apartments for Rent in Granada, MN and Nearby

As of November 03, 2025 the best value apartment in the Granada area is the $1.19 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Granada apartment is the Three Bedroom Model at 442 Belgrade Ave starting at $1,500 with a $0.94 price per square foot in the City Center Mankato neighborhood. Here is today’s list of the best values for Granada apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run TownhomesFox Run Townhomes3BR,2.5BA$1.19
442 Belgrade AveThree Bedroom3BR,2BA$0.94
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.14
Deer Creek Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$1.17
1212 Heckman CtStudioStudio ,1BA$0.83
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 Granada, MN Rentals by Map

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See the most popular apartments and homes in Granada, MN

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Getting Around Granada, MN

Walk Score®

2 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

27 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Granada Apartments

What is the Cheapest Studio apartment in Granada?

Currently the most affordable Cheap Studio Apartment in Granada is at Tallgrass Village Apartments & Townhomes listed at $655.

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

The lowest price for a Cheap One Bedroom Granada Apartment is $675 at Deer Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Granada is starting from $701 at Eytcheson Estates Sherburn.

What is the most affordable Granada Three Bedroom Apartment?

The best deal on a cheap Granada Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,249.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.