
Cheap Homes for Rent near Luverne, MN from $700 (15 Rentals)
Search the lowest-cost Homes available for rent right now in Luverne.


1101 E 9th St

904 N Blauvelt Ave

429 1/2 E 26th St

713-715 W 16th St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1420 E Redwood Blvd

1308 E 4th St

605 E 14th St

3034 N Lewis Ave

506 N French Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

132 S Dakota Ave

516 N Cliff Ave

1422 E Redwood Blvd

919 S Sherman Ave

624 E 14th St
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.
Luverne, MN Local Guide

How much does it cost to rent a home in Luverne?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Luverne 2 Bedroom Homes for Rent | $1,240 | $900 | $1,799 |
| Luverne 3 Bedroom Homes for Rent | $1,847 | $1,250 | $3,500 |
| Luverne 4 Bedroom Homes for Rent | $2,436 | $1,595 | $3,595 |
| Luverne 5 Bedroom Homes for Rent | $3,263 | $2,395 | $3,995 |
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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. Legacy Village Apartments in the East Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. 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 |
| Legacy Village Apartments | One Bedroom B | 1BR,1BA | $750 |
| Dublin Square Apartments and Townhomes | Studio Bedroom / 1 Bathroom | Studio,1BA | $775 |
| Grand Teton Estates Apartments | 1BR/1.0BA | 1BR,1BA | $775 |
| Taylor's Place Apartments | STEP INTO THIS SUMMER WITH THIS HOT DEAL! 1 BED... | 1BR,1BA | $790 |
Best Value Apartments for Rent in Luverne, MN and Nearby
As of July 24, 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 2 Bedroom 2 Bathroom Model at Augusta Townhomes starting at $1,350 with a $1.23 price per square foot . 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. |
|---|---|---|---|
| Sundance Ridge Townhomes | 3 Beds, 2.5 baths | 3BR,2.5BA | $1.15 |
| Augusta Townhomes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.23 |
| Ridgeview Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $0.95 |
| 3Falls Apartments | 3bd1ba | 3BR,1BA | $1.23 |
| Bentley Park | 1 Bedroom 1 Bathroom Upper Level | 1BR,1BA | $1.09 |
| Hillview Apartments | Apartment Style 2 Bedroom 1 Bathroom | 2BR,1BA | $1.09 |
| Sullivan Square | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.19 |
| Legacy Village Apartments | Two Bedroom A | 2BR,1BA | $1.10 |
| Chapelwood III Apartments | 1BR/1.0BA | 1BR,1BA | $1.03 |
| Taylor's Place Apartments | HOT SIZZLIN DEAL ON BEAUTIFULLY REMODELED 1 BED... | 1BR,1BA | $1.00 |
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.
Best Local Schools in Luverne, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 55 Apartments for Rent in Luverne, MN with pricing that ranges from $546 to $3,005. There are also 40 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 $1,949.
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 $1,250 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,595 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.