
Cheap Apartments for Rent in Henderson, MN from $400 (66 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

Le Sueur Apartments

Hillcrest Apartments

Tiller+Main

Prairie Village
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.

Rock Ridge Apartments

Wolverine Meadows

Parkside Apartments

Carver Place

Greenfield Estates I & II

Philipp Square Senior Apartments 55+

Carver Oaks

Total Monthly Price
Augusta Park Estates

Vista View Townhomes

Cedar Creek Apartments
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.

Total Monthly Price
RoK Lofts

Traverse Green

Belle Court

520 6th St

Welco West

Capital Lofts

Sand Creek Flats

Total Monthly Price
The Otto

Total Monthly Price
Axis Lofts

Tiller Place
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.

Total Monthly Price
Hickory Grove Apartments

Bohemia Flats

Sun Lake & Sun Lake Woods

Brickstone

Augusta Commons

Northview Apartments

Liberty Park Apartments Senior Community-62+

Autumn Glen Apartments

Autumn Glen Townhomes

36 Jefferson Ave E
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Maplewood Apartments

803 W Main St

Town Edge Estates

412 N Cedar St

325 E Washington St

Le Sueur Meadows

Young America Apartments

Panther Heights Apartments

815 N 4th St

Vista Ridge
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.
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 | $1,087 | $802 | $1,623 |
| Henderson 1 Bedroom Apartments | $1,542 | $655 | $2,563 |
| Henderson 2 Bedroom Apartments | $1,892 | $782 | $3,218 |
| Henderson 3 Bedroom Apartments | $1,789 | $1,155 | $2,655 |
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 Hillcrest Apartments priced from $895. Le Sueur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Henderson apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillcrest Apartments | 1BD/1BA | 1BR,1BA | $895 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
| Parkside Apartments | 1 bedroom | 1BR,1BA | $1,050 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1,075 |
| Cedar Creek Apartments | 1BR-U | 1BR,1BA | $1,165 |
| RoK Lofts | 1 Bedroom Unit | 1BR,1BA | $1,175 |
| Belle Court | Unit B312 | 1BR,1BA | $1,195 |
| Rock Ridge Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1,200 |
| 520 6th St | Two Bedroom | 2BR,1BA | $1,250 |
Best Value Apartments for Rent in Henderson, MN and Nearby
As of June 12, 2026 the best value apartment in the Henderson area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. 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. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Rock Ridge Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.14 |
| Tiller Place | 2 bedrooms | 2BR,1BA | $1.51 |
| Greenfield Estates I & II | Waiting List - 1 Bedroom | 1BR,1BA | $1.43 |
| Cedar Creek Apartments | 1BR-U | 1BR,1BA | $1.59 |
| Parkside Apartments | 1 bedroom | 1BR,1BA | $1.52 |
| Tiller+Main | 1 Bedroom and 1 Bath | 1BR,1BA | $1.62 |
| 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
What is the Cheapest Studio apartment in Henderson?
Currently the most affordable Cheap Studio Apartment in Henderson is at Tiller+Main listed at $900.
How much is rent for a Cheap One Bedroom Henderson Apartment?
The lowest price for a Cheap One Bedroom Henderson Apartment is $895 at Hillcrest Apartments.
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 $995 at Hillcrest Apartments.
What is the most affordable Henderson Three Bedroom Apartment?
The best deal on a cheap Henderson Three Bedroom Apartment rental is at Vista View Townhomes and starts from $1,297.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.