Cheap Homes for Rent in Henderson, MN from $800 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Henderson.

property at 326 E Washington St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom, 1 Bath Condo for Rent

Available Jun 5

326 E Washington St

MankatoMN56001
property at 325 E Washington St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom Rentals

Available Now

325 E Washington St

MankatoMN56001
property at 418 Allan Ave

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

418 Allan Ave

North MankatoMN56003
property at 561 S Elk St

$1,195 - $1,445

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

1 To 2 Bedroom Rentals

Available Now

561 S Elk St

Belle PlaineMN56011

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.

property at 319 E Main St

$1,324

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,324

Total Monthly Price
$1,324

4 Bedroom, 2 Bath Home for Rent

Available Jun 1

319 E Main St

MankatoMN56001
property at 960 N 3rd St

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom Rentals

Available Jun 9

960 N 3rd St

St. PeterMN56082
property at 242 Belgrade Ave

$1,395 - $1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 To 2 Bedroom Rentals

Available Oct 1

242 Belgrade Ave

North MankatoMN56003
property at 306 Louva Ln

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

306 Louva Ln

MankatoMN56001

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.

property at 121 Lynn Ln

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Lynn Ln

MankatoMN56001

Henderson, MN Local Guide

Cheapest Available Henderson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Henderson, MN is a 1 Bed unit found at Maplewood Apartments priced from $830. Fairview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable Henderson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Maplewood Apartments1 Bed, 1 bath1BR,1BA$830
Fairview Apartments1 Bedroom1BR,1BA$865
Le Sueur Apartments1 Bedroom1BR,1BA$895

Best Value Apartments for Rent in Henderson, MN and Nearby

As of May 24, 2026 the best value apartment in the Henderson area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Clover Field Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
Vista View Townhomes3 Bedroom Townhouse3BR,1.5BA$1.08
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.27
Rock Ridge Apartments2 Bedroom 1 Bath2BR,1BA$1.14
Greenfield Estates I & IIWaiting List - 1 Bedroom1BR,1BA$1.43
Maplewood Apartments1 Bed, 1 bath1BR,1BA$1.11
Young America Apartments2 bedrooms2BR,1BA$1.41
Fairview Apartments1 Bedroom1BR,1BA$1.32
Le Sueur Apartments1 Bedroom1BR,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 Article
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Real 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 Article
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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Henderson

What type of rentals are currently available in Henderson?

There are currently 74 Apartments for Rent in Henderson, MN with pricing that ranges from $655 to $3,218. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Henderson ranging from $875 to $7,500.

What is the current price range for Rental Homes in Henderson?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Henderson ranges from $875 to $7,500 with an average monthly rent of $2,796.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.