Cheap Apartments for Rent in Independence, MN from $500 (27 Rentals)

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Search the lowest-cost Apartments available for rent right now in Independence.

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.

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Devonshire Apartments
1 to 3 Bedroom Apartments

Devonshire Apartments

5721 Main St SRockford, MN 55373
  • Utilities Included
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199 N Medina St
Studio Apartments

199 N Medina St

199 N Medina StLoretto, MN 55357
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County Line Plaza
2 Bedroom Apartments

County Line Plaza

8070 Highway 55Greenfield, MN 55373
  • Utilities Included

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.

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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included
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5811 Tower St
Studio Apartments

5811 Tower St

5811 Tower StRockford, MN 55373
  • Utilities Included
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201 Medina St N
1 Bedroom Apartments

201 Medina St N

201 Medina St NLoretto, MN 55357
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8330 Cedar St
2 Bedroom Apartments

8330 Cedar St

8330 Cedar StRockford, MN 55373
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Rock Meadows
1 to 2 Bedroom Apartments

Rock Meadows

300 Honeytree DrDelano, MN 55328

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Hillcrest Apartments
1 to 2 Bedroom Apartments

Hillcrest Apartments

300 Sunnyridge LnLoretto, MN 55357
Senior Living
  • Utilities Included
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Ridge Manor
1 to 2 Bedroom Apartments

Ridge Manor

129 5th St SDelano, MN 55328
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9080 Rebecca Park Trl
Studio Apartments

9080 Rebecca Park Trl

9080 Rebecca Park TrlRockford, MN 55373
  • Utilities Included

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.

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110 Loretto St
Studio to 2 Bedroom Apartments

110 Loretto St

110 Loretto StLoretto, MN 55357
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672 Elm Ave
Studio Apartments

672 Elm Ave

672 Elm AveDelano, MN 55328
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Maple Plain Apartments
1 to 2 Bedroom Apartments

Maple Plain Apartments

1875 Budd AveMaple Plain, MN 55359
  • Utilities Included

Independence, MN Local Guide

Cheapest Available Independence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Independence, MN is a 2 Beds unit found at 9080 County Road 50 in the Hurst Woods neighborhood priced from $975. Riverwalk Apartments in the Highland Ridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,299. Here is today’s list of the most affordable Independence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
9080 County Road 502 Bedroom2BR,1BA$975
Riverwalk Apartments2 bedroom remodel2BR,1BA$1,299
Granite Works ApartmentsS1 StudioStudio,1BA$1,400
Ironwood TownhomesThe Willow3BR,2BA$2,990

Best Value Apartments for Rent in Independence, MN and Nearby

As of September 10, 2025 the best value apartment in the Independence area is the $2.45 price per square foot The Magnolia Model at Ironwood Townhomes in the in the Wright Far Western Suburbs neighborhood starting from $3,350. The second greatest value Independence apartment is the 5285 Manchester Dr Model at 5285 Manchester Dr, Unit 304 starting at $1,395 with a $1.03 price per square foot in the Wright Far Western Suburbs neighborhood. Here is today’s list of the best values for Independence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ironwood TownhomesThe Magnolia4BR,2.5BA$2.45
5285 Manchester Dr, Unit 3045285 Manchester Dr2BR,1BA$1.03
1885 Newport St, Unit 3011885 Newport St2BR,1BA$1.23
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.44
9080 County Road 502 Bedroom2BR,1BA$1.15
Granite Works ApartmentsS1 StudioStudio ,1BA$2.54
316 2nd St N, Unit 1316 2nd St N1BR,1BA$1.90

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

Explore Independence, MN Rentals by Map

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Getting Around Independence, MN

Walk Score®

11 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Independence Apartments

How much is rent for a Cheap One Bedroom Independence Apartment?

The lowest price for a Cheap One Bedroom Independence Apartment is $1,525 at Granite Works Apartments.

What is the lowest price for a Cheap Two Bedroom Independence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Independence is starting from $975 at 9080 County Road 50.

What is the most affordable Independence Three Bedroom Apartment?

The best deal on a cheap Independence Three Bedroom Apartment rental is at Ironwood Townhomes and starts from $2,990.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.