
Cheap Apartments for Rent in Hermantown, MN from $750 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Hermantown.


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Valhalla Villa Townhomes

4880 Miller Trunk Hwy

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The Acres on Arrowhead

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4612 W 5th St, Unit 2

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Westgate Townhomes

2328 1/2 W 6th St, Unit 0.5
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Capstone Apartments

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Village at Matterhorn

5886 N Pike Lake Rd

606 N 60th Ave W

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Miller Hill Manor

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Ridgewood Apartments

723 1/2 E 5th St
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1615 N 18th Street

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Piedmont Manor Apartments

1710 N 22nd St

Irving School

4873 Miller Trunk Hwy

Decker Dwellings

Faith Haven
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313 N 21st Ave W

2705 W 2nd St

2116 W 3rd St

617 E 8th St

Applewood West and Fairmount Apartments

116 E 3rd St

2209 E 8th St
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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.

5725 W 8th St

25 9th St

1430 E 3rd St
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 | $1,342 | $900 | $1,495 |
| Hermantown 1 Bedroom Apartments | $1,727 | $1,400 | $1,850 |
| Hermantown 2 Bedroom Apartments | $1,933 | $1,075 | $2,349 |
| Hermantown 3 Bedroom Apartments | $2,166 | $1,275 | $2,350 |
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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 2 Beds unit found at Village at Matterhorn in the Duluth Heights neighborhood priced from $1,344. Valhalla Villa Townhomes in the Duluth Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,450. Here is today’s list of the most affordable Hermantown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1,344 |
| Valhalla Villa Townhomes | 4874 | 2BR,1BA | $1,450 |
| The Acres on Arrowhead | Duluth 1 bed 1 bath D | 1BR,1BA | $1,595 |
| Maple Glen Estates | 2bd 2bth | 2BR,2BA | $1,600 |
| Reside North | 1 Bedroom | 1BR,1BA | $1,699 |
| Capstone Apartments | B | 1BR,1BA | $1,722 |
| Merritt School Apartments | 3 bedroom apartment | 3BR,1BA | $1,750 |
| Grindstone | 2 bed/2 bath | 2BR,2BA | $2,149 |
Best Value Apartments for Rent in Hermantown, MN and Nearby
As of September 11, 2026 the best value apartment in the Hermantown area is the $1.47 price per square foot 3 Bed 2.5 Bath Model at Deerfield Townhomes in the in the Duluth Heights neighborhood starting from $2,350. The second greatest value Hermantown apartment is the 2bd 2bth Model at Maple Glen Estates starting at $1,600 with a $1.23 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. |
|---|---|---|---|
| Deerfield Townhomes | 3 Bed 2.5 Bath | 3BR,2.5BA | $1.47 |
| Maple Glen Estates | 2bd 2bth | 2BR,2BA | $1.23 |
| Merritt School Apartments | 3 bedroom apartment | 3BR,1BA | $1.59 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1.29 |
| Valhalla Villa Townhomes | 4874 | 2BR,1.5BA | $1.53 |
| Grindstone | 2 bed/2 bath | 2BR,2BA | $2.27 |
| 4612 W 5th St, Unit 2 | 4612 W 5th St | Studio ,1BA | $1.31 |
| Capstone Apartments | B | 1BR,1BA | $2.35 |
| Reside North | 1 Bedroom | 1BR,1BA | $2.37 |
| 4880 Miller Trunk Hwy, Unit 1 | 4880 Miller Trunk Hwy | Studio ,1BA | $2.25 |
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
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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 Elementary School
Hermantown Senior High School
Hermantown Middle School
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
How much is rent for a Cheap One Bedroom Hermantown Apartment?
The lowest price for a Cheap One Bedroom Hermantown Apartment is $1,595 at The Acres on Arrowhead.
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 $1,344 at Village at Matterhorn.
What is the most affordable Hermantown Three Bedroom Apartment?
The best deal on a cheap Hermantown Three Bedroom Apartment rental is at Merritt School Apartments and starts from $1,750.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.