Cheap Homes for Rent in Inver Grove, MN from $900 (11 Rentals)

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

property at 200 1st Ave S

$995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Townhome for Rent

Available May 1

200 1st Ave S, Unit 2, Unit 2

200 1st Ave S
South St. PaulMN55075
property at 221 Grand Ave W

$1,225

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 Bedroom, 1 Bath Condo for Rent

Available Now

221 Grand Ave W

South St. PaulMN55075

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.

property at 12655 Garner Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2 Bath Home for Rent

Available Now

12655 Garner Way

St. PaulMN55124
property at 7126 123rd St W

$1,599

Total Monthly Price

Total Monthly Price

Base Rent
$1,599

Total Monthly Price
$1,599

2 Bedroom, 2 Bath Home for Rent

Available Now

7126 123rd St W

St. PaulMN55124
property at 61 Delos St W

$1,599 - $1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,599

Total Monthly Price
$1,599

3 To 4 Bedroom Rentals

Available Now

61 Delos St W

St. PaulMN55107
property at 4130 Rahn Rd

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1 Bath Condo for Rent

Available Now

4130 Rahn Rd

EaganMN55122

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.

property at 2894 138th St W

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

2894 138th St W

RosemountMN55068

Inver Grove, MN Local Guide

Cheapest Available Inver Grove Apartments for Rent and Nearby

 

The cheapest available apartment rental in Inver Grove, MN is a 2 Beds unit found at Park Place I Apartments in the Silverwood neighborhood priced from $878. 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 ListingModel NameBed/BathPriced From
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$878
Colonial Court Apartments1 Bedroom B1BR,1BA$915
Waterford Green Apartments & TownhomesEdlynStudio,1BA$1,025
Westview Park CommunityWestview Gardens - 1br1BR,1BA$1,040
Buron Lane Apartments362 6th Ave N1BR,1BA$1,100

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

As of April 13, 2026 the best value apartment in the Inver Grove area is the $1.24 price per square foot Large 2BR/2BA Model at Southview Greens in the in the Cahill Corridor neighborhood starting from $1,485. The second greatest value Inver Grove apartment is the 2BR/2BA Model at The Ridge starting at $1,550 with a $1.32 price per square foot in the Moreland neighborhood. Here is today’s list of the best values for Inver Grove apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Southview GreensLarge 2BR/2BA2BR,2BA$1.24
The Ridge2BR/2BA2BR,2BA$1.32
Heatherwood ApartmentsHW 2 BD / 1 BA2BR,1BA$1.56
Charlton ParkRenovated 2 Bedroom 1 Bath2BR,1BA$1.44
Oaks of West Saint PaulThe Summit - Updated2BR,1.5BA$1.39
Westview Park CommunityWestview Gardens - 2br2BR,1BA$1.57
Bellows CourtRenovated 1 Bedroom 1 Bath1BR,1BA$1.54
Clark Place Apartments & TownhomesCPA - 2 Bedroom A2BR,1BA$1.57
PEARLWOOD ESTATESOpen living space + spacious master & vaulted c...1BR,1BA$1.57
Park Place I ApartmentsTwo Bedroom Floor Plan2BR,1BA$1.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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.

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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 228 Apartments for Rent in Inver Grove, MN with pricing that ranges from $878 to $5,666. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inver Grove ranging from $995 to $4,995.

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 $995 to $4,995 with an average monthly rent of $2,455.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

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

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.