
Cheap Homes for Rent in Hancock, MN from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Hancock.


97 7th Ave S

500 1st Ave S

511 Main Ave N

1605 7th St N
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.

1612 8th St N

1606 8th St N

1627 7th St N

626 4th St SE, Unit #1 - Lower

1624 8th St N
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.

512 Maple Ln

313 5th St S

702 8th Ave N

1652 8th St N

17 3rd Ave NE
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.

318 14th Ave E, Unit B
Hancock, MN Local Guide

How much does it cost to rent a home in Hancock?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hancock 2 Bedroom Homes for Rent | $939 | $400 | $1,425 |
| Hancock 3 Bedroom Homes for Rent | $1,706 | $975 | $2,500 |
| Hancock 4 Bedroom Homes for Rent | $2,390 | $1,500 | $4,000 |
| Hancock 5 Bedroom Homes for Rent | $3,150 | $2,500 | $3,800 |
Browse Top Homes for Rent 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 1 Bed unit found at Beardsley Apartments priced from $600. 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 |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $600 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $715 |
| Suite Liv'N - Willmar | Studio 1 Bath | Studio,1BA | $745 |
| Eastside Acres | 1 Bed, 1 bath | 1BR,1BA | $761 |
Best Value Apartments for Rent in Hancock, MN and Nearby
As of June 20, 2026 the best value apartment in the Hancock area is the $1.10 price per square foot Three Bedroom - Somerset Model at Somerset Properties in the starting from $1,350. The second greatest value Hancock apartment is the Two Bedroom/ One Bathroom Model at The Preserve on 24th starting at $1,325 with a $1.38 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. |
|---|---|---|---|
| Somerset Properties | Three Bedroom - Somerset | 3BR,2BA | $1.10 |
| The Preserve on 24th | Two Bedroom/ One Bathroom | 2BR,1BA | $1.38 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.67 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| East Side Stories Apartments | 2 bed | 2BR,1BA | $1.17 |
| Sterling Manor Apartments | Large 1 Bedroom | 1BR,1BA | $1.27 |
| Cardinal Estates | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.05 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.25 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $1.23 |
| Wildwood Apartments | 1BR/1.0BA | 1BR,1BA | $1.34 |
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!
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Frequently Asked Questions about Hancock
What type of rentals are currently available in Hancock?
There are currently 66 Apartments for Rent in Hancock, MN with pricing that ranges from $600 to $2,819. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hancock ranging from $400 to $4,000.
What is the current price range for Rental Homes in Hancock?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hancock ranges from $400 to $4,000 with an average monthly rent of $1,778.
How much are larger Three and Four Bedroom Rentals in Hancock?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hancock range from $1,150 to $1,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,850.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.