
Cheap Apartments for Rent near Hanover, MN from $895 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Hanover.


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Westwind Apartments

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Evergreen Square Apartments

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Maple Tree Villa Apartments

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Bedford Apartments

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Elm Creek Commons

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Village at Town Center - St. Michael

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Fernbrook View Apartments

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Vincent Woods 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.

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Caliper

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Fredrik

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Crossroads at Elm Creek

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The Hamel

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The Crossings at Willems Way

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Rivers Edge Apartments

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Parkview Grand Partners LLC

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Territorial Lofts

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Terra Residences
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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The Dylan Apartments

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The Preserve at Commerce

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Kingston Crossings

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Quest Apartments

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Birchwood Apartments

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The Village of Otsego

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Rush Creek Apartments

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The Edison at Maple Grove

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Avana Maple Grove
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.

8330 Cedar St

Sugar Maples

9080 County Road 50

Lake Point South Apartments

8551 Elm St

Garland Commons - 55+

9358 Ranchview Ln N

9357 Ranchview Ln N

9438 Ranchview Ln 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.

9326 Inland Ln N

16055 71st St NE
Hanover, MN Local Guide

How much does it cost to rent an apartment in Hanover?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hanover Studio Apartments | $1,429 | $895 | $1,678 |
| Hanover 1 Bedroom Apartments | $1,678 | $1,030 | $3,062 |
| Hanover 2 Bedroom Apartments | $2,247 | $1,195 | $3,723 |
| Hanover 3 Bedroom Apartments | $3,025 | $1,710 | $5,197 |
| Hanover 4 Bedroom Apartments | $3,649 | $3,428 | $3,958 |
Browse Top Apartments in Hanover
See all Apartments in HanoverExplore Hanover
Hanover, MN Local Guide
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Cheapest Available Hanover Apartments for Rent and Nearby
 The cheapest available apartment rental in Hanover, MN is a 1 Bed unit found at Hidden Cove Apartments in the Willow Glen Carriage neighborhood priced from $1,030. Evergreen Square Apartments in the Willow Glen Carriage neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,289. Here is today’s list of the most affordable Hanover apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hidden Cove Apartments | 1 Bed/1 Bath | 1BR, 1BA | $1,030 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR, 1BA | $1,289 |
| Vincent Woods Apartments | Lark | Studio, 1BA | $1,432 |
| Bedford Apartments | 2 BR/1 BA | 2BR, 1BA | $1,475 |
| Fredrik | Rowley (A3) | Studio, 1BA | $1,480 |
| Village at Town Center - St. Michael | 4B2HC | 1BR, 1BA | $1,515 |
| Territorial Lofts | One bedroom/ One bathroom | 1BR, 1BA | $1,550 |
| Terra Residences | Twine | 1BR, 1BA | $1,553 |
| Caliper | Spruce (F2) | Studio, 1BA | $1,585 |
| The Preserve at Commerce | Andover | 1BR, 1BA | $1,629 |
Best Value Apartments for Rent in Hanover, MN and Nearby
As of September 17, 2026 the best value apartment in the Hanover area is the $1.91 price per square foot Cypress Model at Olive Lane in the Maple Grove neighborhood starting from $3,170. The second greatest value Hanover apartment is the Bodie Model at Norheim Townhomes in the Maple Grove neighborhood starting at $2,795 with a $1.87 price per square foot. Here is today’s list of the best values for Hanover apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Olive Lane | Cypress | 3BR, 2.5BA | $1.91 |
| Norheim Townhomes | Bodie | 2BR, 2.5BA | $1.87 |
| Avana Maple Grove | Cherrywood | 3BR, 2BA | $1.84 |
| Parkview Grand Partners LLC | 2 Bedroom/2 Bath | 2BR, 2BA | $1.60 |
| Rivers Edge Apartments | 2 Bedroom | 2BR, 2BA | $1.84 |
| Kingston Crossings | 2Bed - 2Bath | 2BR, 2BA | $1.81 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR, 1BA | $1.35 |
| Quest Apartments | 1 Bedroom A4 | 1BR, 1BA | $1.96 |
| Bedford Apartments | 2 BR/1 BA | 2BR, 1BA | $1.67 |
| Hidden Cove Apartments | 1 Bed/1 Bath | 1BR, 1BA | $1.42 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hanover, MN Rentals by Map
See the most popular apartments and homes in Hanover, MN
Frequently Asked Questions about Cheap Hanover Apartments
What is the Cheapest Studio apartment in Hanover?
Currently the most affordable Cheap Studio Apartment in Hanover is at Vincent Woods Apartments listed at $1,432.
How much is rent for a Cheap One Bedroom Hanover Apartment?
The lowest price for a Cheap One Bedroom Hanover Apartment is $1,030 at Hidden Cove Apartments.
What is the lowest price for a Cheap Two Bedroom Hanover Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hanover is starting from $1,289 at Evergreen Square Apartments.
What is the most affordable Hanover Three Bedroom Apartment?
The best deal on a cheap Hanover Three Bedroom Apartment rental is at Bedford Apartments and starts from $1,740.
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.