
Cheap Homes for Rent in Independence, MN from $1,400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.


211 Canal Dr

212 Beach

206 Atlantic Ln
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.

8627-8635 Woodlawn Dr

2710 Upland Ln N

6585 Olive Ln N

6876 Crosby Ct
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

How much does it cost to rent a home in Independence?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Independence 2 Bedroom Homes for Rent | $2,082 | $1,600 | $3,500 |
Independence 3 Bedroom Homes for Rent | $2,957 | $1,495 | $7,500 |
Independence 4 Bedroom Homes for Rent | $4,342 | $2,700 | $7,500 |
Independence 5 Bedroom Homes for Rent | $6,219 | $2,800 | $10,000+ |
Browse Top Homes for Rent in Independence
Explore Independence
Independence, MN Local Guide
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Cheapest Available Independence Apartments for Rent and Nearby
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Granite Works Apartments | A1 One Bed - Riverview | 1BR,1BA | $1,525 |
Ironwood Townhomes | The Magnolia | 4BR,2BA | $3,114 |
Best Value Apartments for Rent in Independence, MN and Nearby
As of June 12, 2025 the best value apartment in the Independence area is the $2.28 price per square foot The Magnolia Model at Ironwood Townhomes in the in the Wright Far Western Suburbs neighborhood starting from $3,114. The second greatest value Independence apartment is the A1 One Bed - Riverview Model at Granite Works Apartments starting at $1,525 with a $1.98 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ironwood Townhomes | The Magnolia | 4BR,2.5BA | $2.28 |
Granite Works Apartments | A1 One Bed - Riverview | 1BR,1BA | $1.98 |
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.
Frequently Asked Questions about Independence
What type of rentals are currently available in Independence?
There are currently 39 Apartments for Rent in Independence, MN with pricing that ranges from $1,149 to $3,849. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $1,495 to $15,000.
What is the current price range for Rental Homes in Independence?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Independence ranges from $1,495 to $15,000 with an average monthly rent of $3,900.
How much are larger Three and Four Bedroom Rentals in Independence?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Independence range from $2,299 to $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,700 and Four Bedroom Apartments start at $2,449.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.