Cheap Apartments for Rent in Independence, MN from $500 (24 Rentals)

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199 N Medina St
Studio Apartments

199 N Medina St

199 N Medina StLoretto, MN 55357
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5811 Tower St
Studio Apartments

5811 Tower St

5811 Tower StRockford, MN 55373
  • Utilities Included

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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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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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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County Line Plaza
2 Bedroom Apartments

County Line Plaza

8070 Highway 55Greenfield, MN 55373
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Devonshire Apartments
1 to 3 Bedroom Apartments

Devonshire Apartments

5721 Main St SRockford, MN 55373
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Rock Meadows
1 to 2 Bedroom Apartments

Rock Meadows

300 Honeytree DrDelano, MN 55328

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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Hillcrest Apartments
1 to 2 Bedroom Apartments

Hillcrest Apartments

300 Sunnyridge LnLoretto, MN 55357
Senior Living
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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
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Maple Plain Apartments
1 to 2 Bedroom Apartments

Maple Plain Apartments

1875 Budd AveMaple Plain, MN 55359
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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 Riverwalk Apartments in the Highland Ridge neighborhood priced from $1,369. Granite Works Apartments in the Highland Ridge neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,400. Here is today’s list of the most affordable Independence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverwalk Apartments2 bedroom remodel2BR,1BA$1,369
Granite Works ApartmentsS1 StudioStudio,1BA$1,400
Ironwood TownhomesThe Willow3BR,2BA$2,595

Best Value Apartments for Rent in Independence, MN and Nearby

As of February 01, 2026 the best value apartment in the Independence area is the $2.12 price per square foot The Magnolia Model at Ironwood Townhomes in the in the Wright Far Western Suburbs neighborhood starting from $2,895. The second greatest value Independence apartment is the 2 bedroom remodel Model at Riverwalk Apartments starting at $1,369 with a $1.52 price per square foot in the Highland Ridge 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$2.12
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.52
Granite Works ApartmentsS1 StudioStudio ,1BA$2.54

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.

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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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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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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!

Explore Independence, MN Rentals by Map

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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.

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

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.