
Cheap Apartments for Rent near Hancock, MN from $425 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Hancock.


97 7th Ave S

Building Three Thirty

511 Main Ave N

North Valley Apartments

Beardsley Apartments

Central Lakes

Total Monthly Price
Sterling Manor Apartments

Park South 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.

415 12th Ave E, Unit Main Level Private Room 1

Total Monthly Price
Suite Liv'N - Willmar

Eastside Acres

Westfield Apartments

Total Monthly Price
Nature's Edge Apartments

McKay Apartments

Twenty08 Apartments

10th Avenue Apartments

Clara City Community Haus
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.

Clinton Community Housing

Osakis Community Manor

KMA - Highland Terrace Apartments

806 W 5th St

Heritage Apartments- Morris

Carolina Village

Lake Place II

Home Rite Apartments

Wildwood 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.

1624 8th St N

1504 & 1508 Jefferson St

1612 8th St N

Nyberg Apartments 55+

Ridgeview Manor - Trail I and II

Suite Liv'n on 15th NW

310 8th St N

Lamplighter Apartments

Cardinal 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.

1652 8th St N
Hancock, MN Local Guide

How much does it cost to rent an apartment in Hancock?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hancock Studio Apartments | $1,062 | $425 | $1,355 |
| Hancock 1 Bedroom Apartments | $1,299 | $710 | $1,953 |
| Hancock 2 Bedroom Apartments | $1,608 | $700 | $2,440 |
| Hancock 3 Bedroom Apartments | $1,752 | $1,150 | $2,055 |
| Hancock 4 Bedroom Apartments | $2,045 | $1,795 | $2,155 |
Browse Top Apartments in Hancock
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Hancock, MN Local Guide
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Cheapest Available Hancock Apartments for Rent and Nearby
 The cheapest available apartment rental in Hancock, MN is a Studio unit found at Building Three Thirty priced from $425. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Hancock apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Building Three Thirty | Small Studio | Studio,1BA | $425 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Beardsley Apartments | Two Bedroom | 2BR,1BA | $700 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $725 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
| 10th Avenue Apartments | 1873 - Studio/1BA | Studio,1BA | $850 |
| Central Lakes | B.1 INCOME RESTRICTED | 1BR,1BA | $893 |
Best Value Apartments for Rent in Hancock, MN and Nearby
As of August 27, 2026 the best value apartment in the Hancock 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 Hancock apartment is the Two Bedroom Model at Beardsley Apartments starting at $700 with a $0.58 price per square foot . Here is today’s list of the best values for Hancock 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 |
| Beardsley Apartments | Two Bedroom | 2BR,1BA | $0.58 |
| Westfield Apartments | 2 bed 2 bath Bld 1&2 | 2BR,2BA | $1.46 |
| Broadway Garden Estates | 1 bedroom 1 bathroom | 1BR,1BA | $1.19 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Sterling Manor Apartments | Large 1 Bedroom | 1BR,1BA | $1.27 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.38 |
| Central Lakes | B.1 INCOME RESTRICTED | 1BR,1BA | $1.25 |
| 505 15th Ave SW | 2 bed 1 bath | 2BR,1BA | $1.39 |
| 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 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 Hancock, MN Rentals by Map
See the most popular apartments and homes in Hancock, MN
Frequently Asked Questions about Cheap Hancock Apartments
What is the Cheapest Studio apartment in Hancock?
Currently the most affordable Cheap Studio Apartment in Hancock is at Building Three Thirty listed at $425.
How much is rent for a Cheap One Bedroom Hancock Apartment?
The lowest price for a Cheap One Bedroom Hancock Apartment is $725 at Wildwood Apartments.
What is the lowest price for a Cheap Two Bedroom Hancock Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hancock is starting from $700 at Beardsley Apartments.
What is the most affordable Hancock Three Bedroom Apartment?
The best deal on a cheap Hancock Three Bedroom Apartment rental is at Suite Liv'N - Willmar and starts from $1,150.
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.