Cheap Apartments for Rent in Medford, MN from $800 (52 Rentals)

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

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204 3rd Ave SE
1 to 3 Bedroom Apartments

204 3rd Ave SE

204 3rd Ave SEMedford, MN 55049
  • Utilities Included
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Hidden Valley Apartments
$820 - $1,010
Total Monthly Price

Total Monthly Price

Base Rent
$810 - $1,000
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Hidden Valley Apartments

1370 Heritage DrNorthfield, MN 55057
Cost Per Sq.Ft.
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  • Customer Reviewed
  • 3D Tour
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Woodridge Apartments
$910
Total Monthly Price

Total Monthly Price

Base Rent
$900
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 Bedroom Apartments Contact Us For Availability

Woodridge Apartments

1900-1960 Roosevelt DrNorthfield, MN 55057
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Midwest Flats
$915 - $1,715
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875 - $1,675
Required Monthly Fees
$40

Total Monthly Price
$915 - $1,715
Studio to 2 Bedroom Apartments Available May 1

Midwest Flats

429 8th Ave NWFaribault, MN 55021
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Northfield Estates
$952 - $1,017
Total Monthly Price

Total Monthly Price

Base Rent
$935 - $1,000
Required Monthly Fees
$17

Total Monthly Price
$952 - $1,017
2 Bedroom Apartments Available Jun 19

Northfield Estates

710-740 N Highway 3Northfield, MN 55057
Cost Per Sq.Ft.
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  • Customer Reviewed

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.

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West Lake Meadows
Rent Specials
$1,125 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,595

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

West Lake Meadows

1575 24th Ave NWOwatonna, MN 55060
Corporate Housing
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  • Utilities Included
  • 3D Tour

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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Coopers Court
$1,214 - $1,654
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,635
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available May 4

Coopers Court

614 W Bridge StOwatonna, MN 55060
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Elmview Apartments
Rent Specials
$1,243 - $2,055
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,995
Required Monthly Fees
$60

Total Monthly Price
$1,243 - $2,055
Studio to 4 Bedroom Apartments Available Now

Elmview Apartments

1740 Willow StFaribault, MN 55021
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  • Utilities Included
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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.

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ASCEND
$1,580 - $2,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,540 - $2,485
Required Monthly Fees
$40

Total Monthly Price
$1,580 - $2,525
1 to 2 Bedroom Apartments Available Now

ASCEND

210 N Oak AveOwatonna, MN 55060
Luxury
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property at 101 Elm St

$875 - $1,250

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 To 3 Bedroom Rentals

Available Apr 25

101 Elm St

ClaremontMN55924
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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060

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.

property at 240 E Rice St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

240 E Rice St

OwatonnaMN55060
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Academy Apartments
1 to 2 Bedroom Apartments

Academy Apartments

706 E Academy StOwatonna, MN 55060
property at 94 Viking Terrace

$1,120

Total Monthly Price

Total Monthly Price

Base Rent
$1,120

Total Monthly Price
$1,120

3 Bedroom, 2 Bath Home for Rent

Available Now

94 Viking Terrace

NorthfieldMN55057
property at 416 State St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

416 State St

West ConcordMN55985
property at 51 Viking Terrace

$1,320

Total Monthly Price

Total Monthly Price

Base Rent
$1,320

Total Monthly Price
$1,320

3 Bedroom, 2 Bath Home for Rent

Available Now

51 Viking Terrace

NorthfieldMN55057
property at 538 2nd St NW

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Now

538 2nd St NW

FaribaultMN55021
property at 127 Laurinda Ln

$1,399

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,399

Total Monthly Price
$1,399

2 Bedroom, 2 Bath Home for Rent

Available Now

127 Laurinda Ln

MankatoMN56001
property at 306 Louva Ln

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

306 Louva Ln

MankatoMN56001
property at 121 Lynn Ln

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Lynn Ln

MankatoMN56001
property at 114 Lynn Ln

$1,440

Total Monthly Price

Total Monthly Price

Base Rent
$1,440

Total Monthly Price
$1,440

1 Bedroom, 1 Bath Home for Rent

Available Now

114 Lynn Ln

MankatoMN56001

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Medford, MN Local Guide

Cheapest Available Medford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Medford, MN is a 1 Bed unit found at Four Seasons Apartments in the Downtown Faribault neighborhood priced from $975. Hidden Valley Apartments in the Green Meadows neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,010. Here is today’s list of the most affordable Medford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Hidden Valley Apartments** COMING SOON **2BR,1BA$1,010
AireStudio, 1 bathStudio,1BA$1,020
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,030
Autumn Glen Townhomes2 Bedroom2BR,2BA$1,050
111 Vine Apartments1 Bedroom 1 Bathroom1BR,1BA$1,110
The Faribo ApartmentsOne Bedroom A1BR,1BA$1,118
Dodger 56, LLC1 Bedroom 1 Bath1BR,1BA$1,130
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1,140
Elmview Apartments2 BD/1 BA2BR,1BA$1,243

Best Value Apartments for Rent in Medford, MN and Nearby

As of April 24, 2026 the best value apartment in the Medford area is the $1.50 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,875. The second greatest value Medford apartment is the Two Bedroom Model at Apartments on Mound starting at $1,295 with a $1.13 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Medford apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Straight River Apartments, LLC2 Bedroom 2 Bath + Den2BR,2BA$1.50
Apartments on MoundTwo Bedroom2BR,1BA$1.13
South Pointe Apartments2 Bedroom 2 Bathroom2BR,2BA$1.30
West Lake Meadows2 Bed 2 Bath2BR,2BA$1.51
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.36
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.50
Autumn Glen Townhomes2 Bedroom2BR,2BA$1.10
Hidden Valley Apartments** COMING SOON **2BR,1BA$1.11
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1.30
Dodger 56, LLC1 Bedroom 1 Bath1BR,1BA$1.44

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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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.

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

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Frequently Asked Questions about Cheap Medford Apartments

What is the Cheapest Studio apartment in Medford?

Currently the most affordable Cheap Studio Apartment in Medford is at Aire listed at $1,020.

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

The lowest price for a Cheap One Bedroom Medford Apartment is $975 at Four Seasons Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Medford is starting from $1,010 at Hidden Valley Apartments.

What is the most affordable Medford Three Bedroom Apartment?

The best deal on a cheap Medford Three Bedroom Apartment rental is at Four Seasons Apartments 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

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.