
Cheap Apartments for Rent in Hermantown, MN from $700 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Hermantown.


4880 Miller Trunk Hwy

Valhalla Villa Townhomes

Westgate Townhomes

3901 Greysolon Rd

The Acres on Arrowhead ll

Village at Matterhorn
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.

2706 W 4th St

817 W 4th St, Unit Apt 1

Total Monthly Price
615 N 59th Ave W, Unit 2

2326 W 6th St, Unit Upper Level Unit

Ridgewood Apartments

1615 N 18th Street

6684 S County Road F
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.

Irving School

4873 Miller Trunk Hwy

Decker Dwellings

Faith Haven

2115 Hughitt Ave

3947 E Calvary Rd

Piedmont Manor Apartments
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.

1923 Iowa Ave

1831 W Michigan St

1221 Commonwealth Ave

421-423 E 5th St

1718 Cumming Ave

Applewood West and Fairmount Apartments

910 Grand Ave
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.

1114 Cumming Ave
Hermantown, MN Local Guide

How much does it cost to rent an apartment in Hermantown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hermantown Studio Apartments | $1,025 | $900 | $1,150 |
| Hermantown 1 Bedroom Apartments | $1,664 | $1,495 | $1,832 |
| Hermantown 2 Bedroom Apartments | $1,881 | $1,075 | $2,412 |
| Hermantown 3 Bedroom Apartments | $1,967 | $1,275 | $2,500 |
Browse Top Apartments in Hermantown
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Hermantown, MN Local Guide
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Cheapest Available Hermantown Apartments for Rent and Nearby
 The cheapest available apartment rental in Hermantown, MN is a Studio unit found at The Acres on Arrowhead ll in the Duluth Heights neighborhood priced from $1,150. Piedmont Manor Apartments in the Duluth Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,200. Here is today’s list of the most affordable Hermantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Acres on Arrowhead ll | Unit A - Studio | Studio,1BA | $1,150 |
| Piedmont Manor Apartments | 1 Bed | 1BR,1BA | $1,200 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1,200 |
| Ridgewood Apartments | 2 Bedroom 1 Bath - | 2BR,1BA | $1,750 |
| Grindstone | 2 bed/2 bath + | 2BR,2BA | $2,195 |
| Capstone Apartments | C | 2BR,2BA | $2,217 |
Best Value Apartments for Rent in Hermantown, MN and Nearby
As of June 12, 2026 the best value apartment in the Hermantown area is the $2.11 price per square foot C Model at Capstone Apartments in the in the Duluth Heights neighborhood starting from $2,217. The second greatest value Hermantown apartment is the 2 Bedroom Market Rate Model at Village at Matterhorn starting at $1,200 with a $1.22 price per square foot in the Duluth Heights neighborhood. Here is today’s list of the best values for Hermantown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Capstone Apartments | C | 2BR,2BA | $2.11 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1.22 |
| Grindstone | 2 bed/2 bath | 2BR,2BA | $2.32 |
| Ridgewood Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.69 |
| Piedmont Manor Apartments | 2 Bed | 2BR,1BA | $1.82 |
| 4880 Miller Trunk Hwy, Unit 1 | 4880 Miller Trunk Hwy | Studio ,1BA | $2.25 |
| The Acres on Arrowhead | Unit A - Studio | Studio ,1BA | $3.32 |
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.
Best Local Schools in Hermantown, MN
Hermantown Senior High
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hermantown, MN Rentals by Map
See the most popular apartments and homes in Hermantown, MN
Frequently Asked Questions about Cheap Hermantown Apartments
What is the lowest price for a Cheap Two Bedroom Hermantown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hermantown is starting from $1,200 at Village at Matterhorn.
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.