Cheap Apartments for Rent in Ivanhoe, MN from $300 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in Ivanhoe.

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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
  • Utilities Included

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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property at 625 14th Ave

$900 - $1,200

Total Monthly Price

Total Monthly Price

Base Rent
$900 - $1,200
Total Monthly Price
$900 - $1,200

2 To 3 Bedroom Homes for Rent

Available Jun 1

625 14th Ave

BrookingsSD57006

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.

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property at 514 4th Ave N

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

3 Bedroom, 1 Bath Townhome for Rent

Available May 1

514 4th Ave N

EdgertonMN56128

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
  • Utilities Included
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Westside Apartments
1 to 2 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
  • Utilities Included
property at 318 S 3rd St

$730

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$730
Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

318 S 3rd St

MilanMN56262
property at 308 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730
Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

308 S 3rd St

MilanMN56262

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 316 S 3rd St

$730

Total Monthly Price

Total Monthly Price

Base Rent
$730
Total Monthly Price
$730

1 Bedroom, 1 Bath Townhome for Rent

Available Now

316 S 3rd St

MilanMN56262
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Bethel On Bryant
1 to 2 Bedroom Apartments

Bethel On Bryant

419-427 Bryant Ave NWRenville, MN 56284
  • Utilities Included
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Westmar Apartments
1 to 2 Bedroom Apartments

Westmar Apartments

1002-1003 Pearl AveMarshall, MN 56258
  • Utilities Included
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Briarwood Estates
1 to 3 Bedroom Apartments

Briarwood Estates

1001 Pearl AveMarshall, MN 56258
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Southland Court
Studio to 2 Bedroom Apartments

Southland Court

818 Southland LnBrookings, SD 57006
  • Utilities Included
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1170 Dewey St
1 to 2 Bedroom Apartments

1170 Dewey St

1170 Dewey StWabasso, MN 56293
  • Smoke Free

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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1009 Southland Ln
1 to 2 Bedroom Apartments

1009 Southland Ln

1009 Southland LnBrookings, SD 57006
  • Utilities Included
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The Rock Apartments
1 to 3 Bedroom Apartments

The Rock Apartments

1040-1090 17th StGranite Falls, MN 56241
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included
Showing Results 1-48, Page 1 of 1

Ivanhoe, MN Local Guide

Cheapest Available Ivanhoe Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ivanhoe, MN is a 1 Bed unit found at Mary's Heights Apartments priced from $455. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Ivanhoe apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
RC Square Apartments2 Bedroom2BR,1BA$625
Bethel On BryantRenville - 1/11BR,1BA$745
Suite Liv'n - MarshallOne Bedroom1BR,1BA$775
Circle Pines Apartments1 Bed, 1 bath1BR,1BA$875
Ghent Housing1 Bed, 1 bath1BR,1BA$920
ParagonThe VistaStudio,1BA$925
Latitude 44The CoveStudio,1BA$955
Sioux VillageStudioStudio,1BA$995
Stone Meadow ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in Ivanhoe, MN and Nearby

As of April 28, 2026 the best value apartment in the Ivanhoe area is the $0.99 price per square foot 2 Bedroom PIIB Model at Lake Area Townhomes in the starting from $1,590. The second greatest value Ivanhoe apartment is the 3x2 Model at 100 W 10th St starting at $1,595 with a $1.00 price per square foot . Here is today’s list of the best values for Ivanhoe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lake Area Townhomes2 Bedroom PIIB2BR,2BA$0.99
100 W 10th St3x23BR,2BA$1.00
1501 N Grove Pl3Bed,2.5Bath3BR,2.5BA$1.13
110 W 10th StModel B3BR,2BA$1.19
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.65
Innovation VillageEnterprise E2BR,2BA$1.26
SunHill Lake Norden3 Beds, 1 bath3BR,1BA$1.18
RC Square Apartments2 Bedroom2BR,1BA$0.70
Bethel On BryantRenville - 1/11BR,1BA$0.96
Circle Pines Apartments2 Beds, 1 bath2BR,1BA$1.32

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!

Explore Ivanhoe, MN Rentals by Map

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See the most popular apartments and homes in Ivanhoe, MN

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Frequently Asked Questions about Cheap Ivanhoe Apartments

What is the Cheapest Studio apartment in Ivanhoe?

Currently the most affordable Cheap Studio Apartment in Ivanhoe is at Paragon listed at $925.

How much is rent for a Cheap One Bedroom Ivanhoe Apartment?

The lowest price for a Cheap One Bedroom Ivanhoe Apartment is $455 at Mary's Heights Apartments.

What is the lowest price for a Cheap Two Bedroom Ivanhoe Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ivanhoe is starting from $545 at Mary's Heights Apartments.

What is the most affordable Ivanhoe Three Bedroom Apartment?

The best deal on a cheap Ivanhoe Three Bedroom Apartment rental is at Mary's Heights Apartments and starts from $870.

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.