Cheap Apartments for Rent in Luverne, MN from $500 (44 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included
close
View Me
City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
  • 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.

Read Article

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.

Read Article

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.

Read Article
close
View Me
Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included

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.

Read Article
close
View Me
Eagle Creek Apartments
Studio to 3 Bedroom Apartments

Eagle Creek Apartments

106 S Sandstone AveBrandon, SD 57005
Corporate Housing

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.

Read Article
property at 234 Elmwood Ave

$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Now

234 Elmwood Ave

Sioux FallsSD57104
Showing Results 1-44, Page 1 of 1

Luverne, MN Local Guide

Cheapest Available Luverne Apartments for Rent and Nearby

 

The cheapest available apartment rental in Luverne, MN is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Taylor's Place Apartments in the East Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Luverne apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Taylor's Place ApartmentsFind Your New Home: Exclusive Pricing – While U...1BR,1BA$600
Aspen Ridge ReserveStudio ApartmentStudio,1BA$735
3Falls Apartments1bd1ba1BR,1BA$745
Dublin Square Apartments and TownhomesStudio Bedroom / 1 BathroomStudio,1BA$775
Willows EdgeApartment Style StudioStudio,1BA$795
Chapelwood III Apartments1BR/1.0BA1BR,1BA$800
Willows South CommonsStudioStudio,1BA$850
PowderHaus Apartments & TownhomesStudio Apartment (A)Studio,1BA$880
Legacy Village ApartmentsTwo Bedroom A2BR,1BA$895

Best Value Apartments for Rent in Luverne, MN and Nearby

As of May 07, 2026 the best value apartment in the Luverne area is the $1.15 price per square foot 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes in the in the Southeast Sioux Falls neighborhood starting from $1,650. The second greatest value Luverne apartment is the Falls Edge Model at Welcome to Huntington Village starting at $1,375 with a $1.16 price per square foot in the Mystic Meadows neighborhood. Here is today’s list of the best values for Luverne apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Welcome to Huntington VillageFalls Edge2BR,2BA$1.16
HOME - FIELD APARTMENTS I2BR/1.0BA2BR,1BA$1.12
Joslyn Heights Apartments2 Bed 2 Bath Apartment2BR,2BA$1.19
Ridgeview Apartments2 Bedroom 1 Bathroom2BR,1BA$0.97
Bentley Park1 Bedroom 1 Bathroom Lower Level1BR,1BA$1.05
Legacy Village ApartmentsTwo Bedroom A2BR,1BA$1.10
Chapelwood III Apartments1BR/1.0BA1BR,1BA$1.03
Taylor's Place ApartmentsFind Your New Home: Exclusive Pricing – While U...1BR,1BA$0.75
3Falls Apartments1bd1ba1BR,1BA$1.12

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Luverne, MN

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Luverne, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Luverne, MN

View Map
Luverne, MN Apartments Map
View Map
Luverne, MN Rental Homes Map

Frequently Asked Questions about Cheap Luverne Apartments

What is the Cheapest Studio apartment in Luverne?

Currently the most affordable Cheap Studio Apartment in Luverne is at Ridgeview Place Apartments listed at $599.

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

The lowest price for a Cheap One Bedroom Luverne Apartment is $600 at Taylor's Place Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Luverne is starting from $700 at Taylor's Place Apartments.

What is the most affordable Luverne Three Bedroom Apartment?

The best deal on a cheap Luverne Three Bedroom Apartment rental is at Foss Fields Ascent and starts from $1,350.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.