
Cheap Apartments for Rent in Henderson, MN from $400 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Henderson.


Clover Field Marketplace

Cardinal Ridge Apartments 62+

Brentwood Court Apartments - 55+ Community

Brentwood Terrace - 55+ Community

Fairview Apartments

Town's Edge Estates

Le Sueur Apartments

Hillcrest Apartments

Tiller+Main
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.

Le Sueur Meadows

Prairie Village

Rock Ridge Apartments

Wolverine Meadows

Parkside Apartments

Carver Place

Greenfield Estates I & II

Belle Court

520 6th St

Cedar Creek 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.

Philipp Square Senior Apartments 55+

Carver Oaks

Total Monthly Price
Augusta Park Estates

Vista View Townhomes

Total Monthly Price
RoK Lofts

Traverse Green

Welco West

Sand Creek Flats

Capital Lofts

Total Monthly Price
Hickory Grove 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.

Total Monthly Price
Axis Lofts

The Uptown Apartments

Tiller Place

Bohemia Flats

Total Monthly Price
Fenview Flats

Total Monthly Price
Crosstown Commons - Income Guidelines Apply

Sun Lake & Sun Lake Woods

Total Monthly Price
The Carver Apartments

Brickstone

Total Monthly Price
East Gate 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.

Augusta Commons

Northview Apartments

Liberty Park Apartments Senior Community-62+

Autumn Glen Apartments

Autumn Glen Townhomes

36 Jefferson Ave E

Maplewood Apartments

803 W Main St

Town Edge Estates

325 E Washington 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.
Henderson, MN Local Guide

How much does it cost to rent an apartment in Henderson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Henderson Studio Apartments | $1,081 | $802 | $1,315 |
| Henderson 1 Bedroom Apartments | $1,527 | $655 | $2,563 |
| Henderson 2 Bedroom Apartments | $1,777 | $782 | $3,218 |
| Henderson 3 Bedroom Apartments | $1,778 | $1,145 | $2,595 |
Browse Top Apartments in Henderson
See all Apartments in HendersonExplore Henderson
Henderson, MN Local Guide
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Cheapest Available Henderson Apartments for Rent and Nearby
 The cheapest available apartment rental in Henderson, MN is a 1 Bed unit found at Cardinal Ridge Apartments 62+ in the Scott Far Western Suburbs neighborhood priced from $750. Town's Edge Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here is today’s list of the most affordable Henderson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cardinal Ridge Apartments 62+ | 1 Bedroom | 1BR,1BA | $750 |
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR,1BA | $885 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
| Le Sueur Meadows | One Bedroom | 1BR,1BA | $945 |
| Hillcrest Apartments | 2BD/1BA | 2BR,1BA | $995 |
| Parkside Apartments | 1 bedroom | 1BR,1BA | $1,050 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1,075 |
| Belle Court | Unit B304 | 2BR,1BA | $1,095 |
| Cedar Creek Apartments | STUDIO | Studio,1BA | $1,105 |
Best Value Apartments for Rent in Henderson, MN and Nearby
As of July 28, 2026 the best value apartment in the Henderson area is the $1.16 price per square foot 3 Bedroom 2 Bath Model at Jordan Valley Townhomes in the in the Scott Far Western Suburbs neighborhood starting from $1,855. The second greatest value Henderson apartment is the 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace starting at $1,520 with a $1.00 price per square foot in the Highland Shores neighborhood. Here is today’s list of the best values for Henderson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Jordan Valley Townhomes | 3 Bedroom 2 Bath | 3BR,2BA | $1.16 |
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Carver Oaks | 2 bedrooms | 2BR,2BA | $1.11 |
| Rock Ridge Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.13 |
| Welco West | 2 Bedroom | 2BR,1BA | $1.26 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Hillcrest Apartments | 2BD/1BA | 2BR,1BA | $1.22 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1.43 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $1.49 |
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 Henderson, MN Rentals by Map
See the most popular apartments and homes in Henderson, MN
Frequently Asked Questions about Cheap Henderson Apartments
How much is rent for a Cheap One Bedroom Henderson Apartment?
The lowest price for a Cheap One Bedroom Henderson Apartment is $750 at Cardinal Ridge Apartments 62+.
What is the lowest price for a Cheap Two Bedroom Henderson Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Henderson is starting from $985 at Town's Edge Estates.
What is the most affordable Henderson Three Bedroom Apartment?
The best deal on a cheap Henderson Three Bedroom Apartment rental is at Town's Edge Estates and starts from $1,145.
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.

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.

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.