1300 E 6th St
Sioux FallsSD57103
Cheap Homes for Rent in Luverne, MN from $700 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Luverne.
605 E 14th St
Sioux FallsSD57104
3034 N Lewis Ave
Sioux FallsSD57104
328 N Blauvelt Ave
Sioux FallsSD57103
1308 E 4th St
Sioux FallsSD57103
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.
506 N French Ave
Sioux FallsSD57103
624 E 14th St
Sioux FallsSD57104
919 S Sherman Ave
Sioux FallsSD57104
403 9th Ave
BrandonSD57005
928 N Spring Ave
Sioux FallsSD57104
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.
1409 E Nye St
Sioux FallsSD57103
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Luverne, MN Local Guide
Buffalo Lineup by Flickr User: bhs128 is licensed under CC BY 2.0
How much does it cost to rent a home in Luverne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Luverne 2 Bedroom Homes for Rent | $1,401 | $1,195 | $1,800 |
| Luverne 3 Bedroom Homes for Rent | $1,603 | $1,195 | $2,295 |
| Luverne 4 Bedroom Homes for Rent | $2,447 | $1,695 | $3,595 |
| Luverne 5 Bedroom Homes for Rent | $2,722 | $1,495 | $3,995 |
| Luverne 6 Bedroom Homes for Rent | $2,650 | $2,650 | $2,650 |
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Luverne, MN Local Guide
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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. 3Falls Apartments in the East Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Luverne apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| 3Falls Apartments | 1bd1ba | 1BR,1BA | $695 |
| Legacy Village Apartments | One Bedroom B | 1BR,1BA | $750 |
| Springbrook Estates | 1Bd/1Ba | 1BR,1BA | $794 |
| Willows Edge Commons | Apartment Style Studio | Studio,1BA | $795 |
Best Value Apartments for Rent in Luverne, MN and Nearby
As of June 05, 2026 the best value apartment in the Luverne area is the $0.95 price per square foot 2bd1ba Model at Kensington Apartments in the in the Southeast Sioux Falls neighborhood starting from $1,044. The second greatest value Luverne apartment is the 2BR/1.0BA Model at HOME - FIELD APARTMENTS I starting at $1,230 with a $1.12 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kensington Apartments | 2bd1ba | 2BR,1BA | $0.95 |
| HOME - FIELD APARTMENTS I | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Hoppe Properties | 620 #101 and #102 - 2 BD, 1 BA | 2BR,1BA | $0.86 |
| Ridgeview Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.96 |
| Bentley Park | 1 Bedroom 1 Bathroom Lower Level | 1BR,1BA | $1.05 |
| Hillview Apartments | Apartment Style 2 Bedroom 1 Bathroom | 2BR,1BA | $1.07 |
| Legacy Village Apartments | Two Bedroom A | 2BR,1BA | $1.10 |
| Taylor's Place Apartments | HOT SIZZLIN DEAL ON BEAUTIFULLY REMODELED 1 BED... | 1BR,1BA | $1.09 |
| Chapelwood III Apartments | 1BR/1.0BA | 1BR,1BA | $1.03 |
| 3Falls Apartments | 1bd1ba | 1BR,1BA | $1.05 |
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
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 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.
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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
See the most popular apartments and homes in Luverne, MN
Frequently Asked Questions about Luverne
What type of rentals are currently available in Luverne?
There are currently 54 Apartments for Rent in Luverne, MN with pricing that ranges from $546 to $3,005. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Luverne ranging from $725 to $3,995.
What is the current price range for Rental Homes in Luverne?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Luverne ranges from $725 to $3,995 with an average monthly rent of $1,924.
How much are larger Three and Four Bedroom Rentals in Luverne?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Luverne range from $999 to $2,785, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,295. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $2,100.
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
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.
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.
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.