Cheap Homes for Rent in Inver Grove, MN from $900 (9 Rentals)

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

property at 132 W Warburton St

$1,045

Total Monthly Price

Total Monthly Price

Base Rent
$1,045

Total Monthly Price
$1,045

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

132 W Warburton St

South St. PaulMN55075
property at 304 17th Ave N

$1,200

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 2 Bath Home for Rent

Available Jun 29

304 17th Ave N

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 221 Grand Ave

$1,365

Total Monthly Price

Total Monthly Price

Base Rent
$1,365

Total Monthly Price
$1,365

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

221 Grand Ave

South St. PaulMN55075
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

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 1 Bed unit found at Colonial Court Apartments in the Moreland neighborhood priced from $915. Covington Court in the Lone Oak neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $990. Here is today’s list of the most affordable Inver Grove apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Colonial Court Apartments1 Bedroom B1BR,1BA$915
Covington CourtOne Bedroom 11B1BR,1BA$990
The Concord1 Bedroom A21BR,1BA$1,068

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

As of June 12, 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
1136 2nd Street, Unit 11361136 2nd Street2BR,1BA$1.47
Legacy Commons at Signal Hills 55+ ApartmentsTwo Bedroom - A2BR,1BA$1.55
Charlton EstatesRenovated 2 Bedroom 1 Bath2BR,1BA$1.52
Oaks of West Saint PaulThe Grove - Fully Renovated2BR,1BA$1.57
Charlton Park1 Bedroom 1 Bath1BR,1BA$1.41
Country Club Manor Apartments1 bedroom N1BR,1BA$1.53
Bellows CourtRenovated 1 Bedroom 1 Bath1BR,1BA$1.54
Clark Place Apartments & TownhomesCPA - 2 Bedroom A2BR,1BA$1.57

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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Real 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.

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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 232 Apartments for Rent in Inver Grove, MN with pricing that ranges from $950 to $7,573. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Inver Grove ranging from $900 to $15,000.

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 $900 to $15,000 with an average monthly rent of $3,538.

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 $1,299 to $4,495, while Three Bedroom Homes, Condos, and Townhomes for rent range from $900 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,595 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.