Cheap Homes for Rent in Inver Grove Heights, MN from $1,500 (12 Rentals)

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Search the lowest-cost Homes available for rent right now in Inver Grove Heights.

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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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Inver Grove Heights, MN Local Guide

Cheapest Neighborhoods for Apartments in Inver Grove Heights, MN

Pricing Updated: 09/09/2025

Current apartment rentals in the Inver Grove Heights, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Inver Grove Heights Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Marcott Woods$2,549$1,3598

Cheapest Available Inver Grove Heights Apartments for Rent and Nearby

 

The cheapest available apartment rental in Inver Grove Heights, MN is a 2 Beds unit found at Park Place I Apartments in the Silverwood neighborhood priced from $844. Covington Court in the Lone Oak neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here is today’s list of the most affordable Inver Grove Heights apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$844
Covington CourtOne Bedroom 11C1BR,1BA$985
Westview Park CommunityRedbrick Courts - 1br1BR,1BA$1,015
Charlton Terrace1 Bedroom 1 Bath1BR,1BA$1,049
Buron Lane Apartments207 Buron Lane 2 Bedroom2BR,1BA$1,075

Best Value Apartments for Rent in Inver Grove Heights, MN and Nearby

As of September 09, 2025 the best value apartment in the Inver Grove Heights area is the $0.78 price per square foot 5729 Model at 5721 Brent Ave in the in the Cahill Corridor neighborhood starting from $2,325. The second greatest value Inver Grove Heights apartment is the 2 Bedroom + Den Renovated Model at Imperial Heights Apartments starting at $1,645 with a $1.50 price per square foot in the Moreland neighborhood. Here is today’s list of the best values for Inver Grove Heights apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5721 Brent Ave57293BR,4BA$0.78
Imperial Heights Apartments2 Bedroom + Den Renovated2BR,1.5BA$1.50
Allen Avenue2 Bedroom - Remodeled2BR,1BA$1.41
Buron Circle Apartments2 bedroom deluxe2BR,1BA$1.42
Charlton ParkRenovated 1 Bed 1 Bath1BR,1BA$1.41
Bellows CourtRenovated 1 Bedroom 1 Bath1BR,1BA$1.42
Charlton PlaceRenovated 1 Bedroom1BR,1BA$1.50
680 6th St680 6th St1BR,1BA$1.27
Westview Park CommunityRedbrick Courts - 1br1BR,1BA$1.45
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$1.28

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

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Frequently Asked Questions about Inver Grove Heights

What type of rentals are currently available in Inver Grove Heights?

There are currently 231 Apartments for Rent in Inver Grove Heights, MN with pricing that ranges from $774 to $9,557. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inver Grove Heights ranging from $1,500 to $4,513.

What is the current price range for Rental Homes in Inver Grove Heights?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Inver Grove Heights ranges from $1,500 to $4,513 with an average monthly rent of $2,838.

How much are larger Three and Four Bedroom Rentals in Inver Grove Heights?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Inver Grove Heights range from $1,299 to $3,945, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,288. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,999.

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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A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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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.