
Cheap Apartments for Rent in Grand Marais, MN from $495 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Marais.


Birchwood Apartments

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115 3rd St S

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Park Apartments

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Laurentian Apartments

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Ivy Manor Apartments

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The Acres on Arrowhead

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Meadowbrook Apartments

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Marlin Manor
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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Yorkleigh

Gazette Apartments

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Hilltop Manor

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Park Villa Apartments

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Lesterwood Apartments

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CityView Flats

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Mount Royal Apartment

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Eastview Apartments

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Cove 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.

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Zenith

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Village Place Apartments

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Mount Royal Manor

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Bridgeman Russell

109 5th St

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Highland Village Apartments

Greenwood Apartments

Copper Lantern

Irongate Apartments & Townhomes
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.

Anthony Street Apartments

Redbrick Apartments

102 E Gogebic St

612 E McLeod Ave

Alice Nettell Towers

Buckingham Green Apartments

The Virginian Apartments

Brewery Creek Apartments

919 Nightingale 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.

525 Pierce St

1208 Main St W

100 S Marquette St

312 11th Ave E

313 N 21st Ave W

12 Oak St

307 Vivian St

1110 College Ave

617 E 8th St
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.

723 Quincy St

902 E 4th St
Grand Marais, MN Local Guide

How much does it cost to rent an apartment in Grand Marais?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Marais Studio Apartments | $1,310 | $495 | $1,740 |
| Grand Marais 1 Bedroom Apartments | $1,528 | $550 | $2,461 |
| Grand Marais 2 Bedroom Apartments | $1,933 | $625 | $4,111 |
| Grand Marais 3 Bedroom Apartments | $2,135 | $1,315 | $3,495 |
| Grand Marais 4 Bedroom Apartments | $2,425 | $1,850 | $3,000 |
Browse Top Apartments in Grand Marais
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Grand Marais, MN Local Guide
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Cheapest Available Grand Marais Apartments for Rent and Nearby
 The cheapest available apartment rental in Grand Marais, MN is a 2 Beds unit found at Greenwood Apartments priced from $200. 115 3rd St S has the second lowest priced unit, which is a Studio apartment currently listed from $495. Here is today’s list of the most affordable Grand Marais apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenwood Apartments | 2 bed | 2BR, 1BA | $200 |
| 115 3rd St S | Studio/Efficiency | Studio, 1BA | $495 |
| Laurentian Apartments | Studio | 1BR, 1BA | $600 |
| Park Apartments | 2 Bed/1 Bath | 2BR, 1BA | $625 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR, 1BA | $895 |
| Hilltop Manor | One Bedroom | 1BR, 1BA | $940 |
| Lesterwood Apartments | Studio | Studio, 1BA | $950 |
| Ivy Manor Apartments | 2 Bedroom | 2BR, 1BA | $958 |
| CityView Flats | Studio | Studio, 1BA | $1,000 |
| Cove Apartments | Stern | 1BR, 1BA | $1,090 |
Best Value Apartments for Rent in Grand Marais, MN and Nearby
As of September 18, 2026 the best value apartment in the Grand Marais area is the $1.67 price per square foot 2 Bed, 2 Bath Model at Tropicana Apartments in the East End neighborhood starting from $2,000. The second greatest value Grand Marais apartment is the 2 Bed + 1 Bath Model at Meadowbrook Apartments starting at $895 with a $0.90 price per square foot. Here is today’s list of the best values for Grand Marais apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tropicana Apartments | 2 Bed, 2 Bath | 2BR, 2BA | $1.67 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR, 1BA | $0.90 |
| Edgewood Apartments | 2 Bed Lg Bath Rehab | 2BR, 1BA | $1.65 |
| Ivy Manor Apartments | 2 Bedroom | 2BR, 1BA | $1.05 |
| Highland Village Apartments | 1/1, 750 SF | 1BR, 1BA | $1.87 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR, 1BA | $1.47 |
| Greenwood Apartments | 2 bed | 2BR, 1BA | $0.29 |
| Park Apartments | 2 Bed/1 Bath | 2BR, 1BA | $1.04 |
| Hilltop Manor | One Bedroom | 1BR, 1BA | $1.63 |
| Laurentian Apartments | Studio | 1BR, 1BA | $1.50 |
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.
Best Local Schools in Grand Marais, MN
Sawtooth Mountain Elementary School
Cook County Senior High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grand Marais, MN Rentals by Map
See the most popular apartments and homes in Grand Marais, MN
Frequently Asked Questions about Cheap Grand Marais Apartments
What is the Cheapest Studio apartment in Grand Marais?
Currently the most affordable Cheap Studio Apartment in Grand Marais is at 115 3rd St S listed at $495.
How much is rent for a Cheap One Bedroom Grand Marais Apartment?
The lowest price for a Cheap One Bedroom Grand Marais Apartment is $600 at Laurentian Apartments.
What is the lowest price for a Cheap Two Bedroom Grand Marais Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grand Marais is starting from $200 at Greenwood Apartments.
What is the most affordable Grand Marais Three Bedroom Apartment?
The best deal on a cheap Grand Marais Three Bedroom Apartment rental is at The Ledge Apartments and starts from $1,625.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.