
Cheap Apartments for Rent near Inver Grove, MN from $600 (86 Rentals)
Search the lowest-cost Apartments available for rent right now in Inver Grove.


Westview Park Community

Somerset Green/Sandalwood Place

Imperial Heights Apartments

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Waterford Green Apartments & Townhomes

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The Drover

Heritage Crest Apartments

1340 8th Ave, Unit 7

670 4th St

PEARLWOOD ESTATES
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Southview Greens

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Lake Cove Village

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405 10th Ave N

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Eagle Pointe Apartments

97 Orme St E

Clark Place Apartments & Townhomes

Holiday Acres Apartments

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Oaks of West Saint Paul

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Oakdale Apartments

1541 Traverse Ln
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

1660 10th Ave

136 11th Ave N

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Stoneridge

Allen Avenue

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Charlton Terrace

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Charlton Place

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Colonial Terrace

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The Concord

Salem Green

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Newport Ponds
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Newport Commons

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Charlton Park

Rooftop 252

650 4th St

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Avana Southview

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Chateau Apartments

1624 10th Ave

221 Grand Ave W, Unit 305

Monument Ridge Estates

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The Yards
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
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.

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Savor Apartments

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Heatherwood Apartments

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Charlton Estates

Blackberry Pointe Apartments

614 1st Ave S

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Kaposia Valley Apartments

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430 Mendota Apartments

Red Rock Square III

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Legacy Commons at Signal Hills 55+ Apartments

949 Wescott Trail
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.
Inver Grove, MN Local Guide

How much does it cost to rent an apartment in Inver Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Inver Grove Studio Apartments | $1,339 | $950 | $2,842 |
| Inver Grove 1 Bedroom Apartments | $1,701 | $950 | $10,000+ |
| Inver Grove 2 Bedroom Apartments | $2,040 | $1,095 | $8,147 |
| Inver Grove 3 Bedroom Apartments | $2,728 | $1,450 | $4,495 |
| Inver Grove 4 Bedroom Apartments | $2,199 | $2,199 | $2,199 |
Browse Top Apartments in Inver Grove
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Inver Grove, MN Local Guide
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Cheapest Available Inver Grove Apartments for Rent and Nearby
 The cheapest available apartment rental in Inver Grove, MN is a Studio unit found at Mark Court Apartments in the Newport neighborhood priced from $823. Colonial Court Apartments in the Moreland neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $915. Here is today’s list of the most affordable Inver Grove apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Mark Court Apartments | 1-Bed A | Studio,1BA | $823 |
| Colonial Court Apartments | 1 Bedroom B | 1BR,1BA | $915 |
| Imperial Heights Apartments | Studio | Studio,1BA | $1,025 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,075 |
| Grand Hill Condominiums | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| 405 10th Ave N | 1BR | 1BR,1BA | $1,129 |
| Lake Cove Village | 1BR/1BA | 1BR,1BA | $1,129 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom B | 2BR,1BA | $1,175 |
| Summit Bryant | Summit Bryant - 920-1... | 1BR,1BA | $1,175 |
| Emerson Apartments | 2 BR | 2BR,1BA | $1,185 |
Best Value Apartments for Rent in Inver Grove, MN and Nearby
As of August 15, 2026 the best value apartment in the Inver Grove area is the $1.38 price per square foot 3 br S Model at Country Club Manor Apartments in the in the Nature View neighborhood starting from $2,100. The second greatest value Inver Grove apartment is the Large 2BR/2BA Model at Southview Greens starting at $1,485 with a $1.24 price per square foot in the Cahill Corridor neighborhood. Here is today’s list of the best values for Inver Grove apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Country Club Manor Apartments | 3 br S | 3BR,2BA | $1.38 |
| Southview Greens | Large 2BR/2BA | 2BR,2BA | $1.24 |
| The Ridge | 2BR/2BA | 2BR,2BA | $1.32 |
| Bellows Court | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.36 |
| Cedarwood West Apartments | 2-Bed | 2BR,1.5BA | $1.12 |
| PEARLWOOD ESTATES | 2 Bedroom 2 Bathroom Corner Unit Waitlist Appli... | 2BR,2BA | $1.47 |
| Emerson Apartments | 2 BR | 2BR,1BA | $1.37 |
| Charlton Park | Renovated 1 Bed 1 Bath | 1BR,1BA | $1.47 |
| Grand Hill Condominiums | 1 Beds, 1 Baths | 1BR,1BA | $1.46 |
| Mark Court Apartments | 1-Bed A | Studio ,1BA | $1.45 |
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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Inver Grove, MN Rentals by Map
See the most popular apartments and homes in Inver Grove, MN
Frequently Asked Questions about Cheap Inver Grove Apartments
What is the Cheapest Studio apartment in Inver Grove?
Currently the most affordable Cheap Studio Apartment in Inver Grove is at Mark Court Apartments listed at $823.
How much is rent for a Cheap One Bedroom Inver Grove Apartment?
The lowest price for a Cheap One Bedroom Inver Grove Apartment is $915 at Colonial Court Apartments.
What is the lowest price for a Cheap Two Bedroom Inver Grove Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Inver Grove is starting from $1,175 at Clark Place Apartments & Townhomes.
What is the most affordable Inver Grove Three Bedroom Apartment?
The best deal on a cheap Inver Grove Three Bedroom Apartment rental is at PEARLWOOD ESTATES and starts from $1,745.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.