
Cheap Apartments for Rent in Janesville, MN from $500 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Janesville.


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400 E 2nd St, Unit 1

Autumn Glen Townhomes

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Highland Hills Apartments

442 Belgrade Ave

Glenwood Terrace

Village Place Apartments of Mankato

Valley View Apartments

Village Court Apartments

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The Grove at Mankato
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.

Cherry Ridge Apartments

Gray Hawk Apartments

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Hoover Estates

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Woodside Apartments

Cherry Square

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The Edge Apartments

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River Bluff Apartments

Skyway Properties LLC

Southwood Flats

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Augusta Park Estates
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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Pfau Reed Apartments

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West Lake Meadows

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The Alma

Huntington Hills Apartments & Townhomes

Traverse Green

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RoK Lofts

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Legacy Park Estates

Dublin Road Townhomes

The Forde

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Coopers Court
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.

Village Place Flats

Ohana Apartments

Capital Lofts

Cedar Meadow Apartments

Riverfront Court

Cardinal Creek Apartments

Lewis Lofts

204 3rd Ave SE

305 S Broadway St

Knollcrest
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.

325 E Washington St

201 Pilgrim St

107 S 5th St

Rita Road

240 E Rice St

815 N 4th St

1611 5th Ave

Creekside Townhomes

101 Elm St

Northgate Townhomes
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.
Janesville, MN Local Guide

How much does it cost to rent an apartment in Janesville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Janesville Studio Apartments | $1,091 | $750 | $1,315 |
| Janesville 1 Bedroom Apartments | $1,241 | $825 | $1,850 |
| Janesville 2 Bedroom Apartments | $1,397 | $875 | $2,150 |
| Janesville 3 Bedroom Apartments | $1,614 | $925 | $2,415 |
| Janesville 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Browse Top Apartments in Janesville
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Janesville, MN Local Guide
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Cheapest Available Janesville Apartments for Rent and Nearby
 The cheapest available apartment rental in Janesville, MN is a 1 Bed unit found at F and H Apartments priced from $825. 442 Belgrade Ave in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable Janesville apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $900 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Hoover Estates | 2/1 | 2BR,1BA | $1,065 |
| Woodside Apartments | Studio | Studio,1BA | $1,070 |
Best Value Apartments for Rent in Janesville, MN and Nearby
As of June 17, 2026 the best value apartment in the Janesville area is the $1.13 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $1,995. The second greatest value Janesville apartment is the 2 Bedroom 1 Bath Model at Tartan Glen starting at $1,550 with a $1.22 price per square foot in the University neighborhood. Here is today’s list of the best values for Janesville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | Fox Run Townhomes | 2BR,2.5BA | $1.13 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.22 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Huntington Hills Apartments & Townhomes | 2 Bedroom Apartment | 2BR,1BA | $1.37 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $1.04 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $1.27 |
| 400 E 2nd St, Unit Unit 1 | 400 E 2nd St | 2BR,1BA | $1.29 |
| Lewis Lofts | 1a1t | 1BR,1BA | $1.38 |
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 Janesville, MN Rentals by Map
See the most popular apartments and homes in Janesville, MN
Frequently Asked Questions about Cheap Janesville Apartments
What is the Cheapest Studio apartment in Janesville?
Currently the most affordable Cheap Studio Apartment in Janesville is at Woodside Apartments listed at $1,070.
How much is rent for a Cheap One Bedroom Janesville Apartment?
The lowest price for a Cheap One Bedroom Janesville Apartment is $825 at F and H Apartments.
What is the lowest price for a Cheap Two Bedroom Janesville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Janesville is starting from $875 at F and H Apartments.
What is the most affordable Janesville Three Bedroom Apartment?
The best deal on a cheap Janesville Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,299.
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

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.

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.

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.

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.