
Cheap Apartments for Rent near Granada, MN from $600 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Granada.


Eytcheson Estates Sherburn

Eytcheson Estates Welcome

Tallgrass Village

1212 Heckman Ct

114 W 14th St

Hartshorn Manor

Deer Creek Apartments

312 1st Ave SW

Glenwood Terrace
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.

Ashley Estates

Valley View Apartments

1801 19th St

219 6th St SW

Irish Hospital Apartments

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Village Court Apartments

Trimont Square Apartments

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The Grove at Mankato

Total Monthly Price
River Bluff Apartments

Key City Group, LLC (BT)
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.

Commerce Apartments

201 Pilgrim St

Sleepy Eye Apartments Homes

Total Monthly Price
Highland Hills Apartments

Southwood Flats

Country Gardens

Halter Vista Apartments

Gray Hawk Apartments

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Hoover Estates

Cherry Square
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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The Edge Apartments

Windom Landing

Total Monthly Price
Augusta Park Estates

Huntington Hills Apartments & Townhomes

Skyway Properties LLC

Total Monthly Price
The Alma

Cedar Meadow Apartments

Burt 18-(Countryside Properties)

Lewis Lofts

Tanglewood Estates
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.

Meadow Bloom Apartments

Pheasant Run Apartments

Campbell Street Apartments

Blue Ridge Apartments & Townhomes

101 N Mill St

Bricelyn Plaza

Kee Valley Apartments

St. James Apartments

River Bluff Townhomes

Cherry Ridge Apartments
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.
Granada, MN Local Guide

How much does it cost to rent an apartment in Granada?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Granada Studio Apartments | $944 | $740 | $1,315 |
| Granada 1 Bedroom Apartments | $1,211 | $665 | $2,155 |
| Granada 2 Bedroom Apartments | $1,331 | $695 | $2,150 |
| Granada 3 Bedroom Apartments | $1,574 | $1,199 | $2,415 |
| Granada 4 Bedroom Apartments | $1,148 | $1,100 | $1,980 |
Browse Top Apartments in Granada
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Granada, MN Local Guide
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Cheapest Available Granada Apartments for Rent and Nearby
 The cheapest available apartment rental in Granada, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. 501 W 1st St S has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Granada apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Burt 18-Unit (Countryside Properties) | 1 Bedroom | 1BR,1BA | $425 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
| Tallgrass Village | Studio Apartment | Studio,1BA | $735 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| 114 W 14th St | 2 bed unit interior | 2BR,1BA | $825 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $840 |
| Ashley Estates | 1 Bedroom - a | 1BR,1BA | $895 |
| St. James Apartments | One Bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Granada, MN and Nearby
As of August 30, 2026 the best value apartment in the Granada area is the $0.76 price per square foot 4bed/2bath Model at Windom Landing in the starting from $1,100. The second greatest value Granada apartment is the 1 Bed, 1 bath Model at Trimont Square Apartments starting at $935 with a $1.04 price per square foot . Here is today’s list of the best values for Granada apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4bed/2bath | 4BR,2BA | $0.76 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| Halter Vista Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.15 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.73 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
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.
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 Granada, MN Rentals by Map
See the most popular apartments and homes in Granada, MN
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 listed at $735.
How much is rent for a Cheap One Bedroom Granada Apartment?
The lowest price for a Cheap One Bedroom Granada Apartment is $425 at Burt 18-Unit (Countryside Properties).
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 $600 at 501 W 1st St S.
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 $1,199.
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.

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.

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.