
Cheap Homes for Rent near Inver Grove, MN from $999 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Inver Grove.


136 11th Ave N

200 1st Ave S, Unit 3

221 Grand Ave W, Unit 305

422 4th Ave S
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.

255 Westview Dr, Unit 317

7126 123rd St W

1301 4th St

5447 Babcock Trl, Unit 105

1049 Gorman Ave
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.
Inver Grove, MN Local Guide

How much does it cost to rent a home in Inver Grove?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Inver Grove 2 Bedroom Homes for Rent | $1,767 | $1,275 | $2,399 |
| Inver Grove 3 Bedroom Homes for Rent | $2,448 | $1,850 | $3,450 |
| Inver Grove 4 Bedroom Homes for Rent | $2,613 | $2,050 | $3,500 |
| Inver Grove 5 Bedroom Homes for Rent | $3,346 | $2,897 | $3,795 |
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Inver Grove, MN Local Guide
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Cheapest Available Inver Grove Homes for Rent and Nearby
 The cheapest available rental home in Inver Grove, MN is a 3 Beds home found at 1509 Concord St S in the Cahill Corridor neighborhood priced from $2,150. 745 21st St in the Newport neighborhood has the second lowest priced home, which is a 4 Beds rental home currently listed from $2,250. Here is today’s list of the most affordable Inver Grove homes for rent:
| Home Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1509 Concord St S | 1509 Concord St S | 3BR, 1BA | $2,150 |
| 745 21st St | 745 21st St | 4BR, 2BA | $2,250 |
| 7367 Braden Trail | 7367 Braden Trail | 3BR, 3BA | $2,500 |
Best Value Homes for Rent in Inver Grove, MN and Nearby
As of September 29, 2026 the best value rental home in the Inver Grove area is the $1.49 price per square foot 1546 Timberwood Ln Model at 1546 Timberwood Ln in the Thompson Oaks neighborhood starting from $3,500. The second greatest value Inver Grove rental home is the 745 21st St Model at 745 21st St in the Newport neighborhood starting at $2,250 with a $1.25 price per square foot. Here is today’s list of the best values for Inver Grove homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1546 Timberwood Ln | 1546 Timberwood Ln | 4BR, 4BA | $1.49 |
| 745 21st St | 745 21st St | 4BR, 2BA | $1.25 |
| 7367 Braden Trail | 7367 Braden Trail | 3BR, 3BA | $1.52 |
| 8285 Hyde Ct S | 8285 Hyde Ct S | 4BR, 3BA | $1.76 |
| 1509 Concord St S | 1509 Concord St S | 3BR, 1BA | $1.46 |
| 255 Westview Dr, Unit 317 | 255 Westview Dr | 2BR, 2BA | $1.20 |
| 5447 Babcock Trl, Unit 105 | 5447 Babcock Trl | 2BR, 2BA | $1.70 |
| 221 Grand Ave W, Unit 305 | 221 Grand Ave W | 2BR, 1BA | $1.34 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
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Frequently Asked Questions about Inver Grove
What type of rentals are currently available in Inver Grove?
There are currently 232 Apartments for Rent in Inver Grove, MN with pricing that ranges from $878 to $8,953. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inver Grove ranging from $999 to $3,795.
What is the current price range for Rental Homes in Inver Grove?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Inver Grove ranges from $999 to $3,795 with an average monthly rent of $2,281.
How much are larger Three and Four Bedroom Rentals in Inver Grove?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Inver Grove range from $1,175 to $4,575, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,850 to $3,450. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $2,199.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.