
Cheap Apartments for Rent in Janesville, MN from $400 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in Janesville.


Highland Hills Apartments

442 Belgrade Ave

Glenwood Terrace

Valley View Apartments

Cherry Square
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.

Village Court Apartments

Gray Hawk Apartments

Total Monthly Price
Hoover Estates

Total Monthly Price
Woodside Apartments

Total Monthly Price
River Bluff Apartments

RoK Lofts
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.

Total Monthly Price
Norland Apartments

204 3rd Ave SE

Knollcrest

Rita Road

201 Pilgrim St

Cherry Ridge Apartments
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.

107 S 5th St

Skyway Property Holdings, LLC - (Studio 5)
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 | $1,136 | $750 | $1,265 |
| Janesville 1 Bedroom Apartments | $1,450 | $451 | $2,146 |
| Janesville 2 Bedroom Apartments | $1,614 | $538 | $2,396 |
| Janesville 3 Bedroom Apartments | $1,852 | $885 | $2,830 |
| Janesville 4 Bedroom Apartments | $1,804 | $1,680 | $1,880 |
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 Highland Hills Apartments in the University neighborhood priced from $800. 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 |
|---|---|---|---|
| Highland Hills Apartments | Elm Tree Court | 1BR,1BA | $800 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Knollcrest | Two Bedroom | 2BR,1BA | $995 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
Best Value Apartments for Rent in Janesville, MN and Nearby
As of January 08, 2026 the best value apartment in the Janesville area is the $1.19 price per square foot Fox Run Townhomes Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Janesville apartment is the Three Bedroom Model at 442 Belgrade Ave starting at $1,500 with a $0.94 price per square foot in the City Center Mankato 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 | 3BR,2.5BA | $1.19 |
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.94 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| Wolf Point Townhomes | Three Bedroom | 3BR,2.5BA | $1.23 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.18 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| Norland Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.00 |
| Knollcrest | Two Bedroom | 2BR,1BA | $1.11 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Lewis Lofts | 1a1t | 1BR,1BA | $0.73 |
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 ArticleThe 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.
Read ArticleCash 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.
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
How much is rent for a Cheap One Bedroom Janesville Apartment?
The lowest price for a Cheap One Bedroom Janesville Apartment is $451 at Lewis Lofts.
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 $950 at Highland Hills Apartments.
What is the most affordable Janesville Three Bedroom Apartment?
The best deal on a cheap Janesville Three Bedroom Apartment rental is at Highland Hills Apartments and starts from $885.
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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!