Cheap Apartments for Rent in Medford, MN from $900 (48 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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Aire
$1,020 - $1,560
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For Availability

Aire

525 Hillcrest Ave SEOwatonna, MN 55060
Family Friendly
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  • Utilities Included
  • Smoke Free
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Northfield Estates
$1,027
Total Monthly Price

Total Monthly Price

Base Rent
$1,010
Required Monthly Fees
$17
Total Monthly Price
$1,027
2 Bedroom Apartments Contact Us For Availability

Northfield Estates

710-740 N Highway 3Northfield, MN 55057
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  • Customer Reviewed

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.

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The Faribo Apartments
$1,118 - $1,244
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,099 - $1,225
Required Monthly Fees
$19
Total Monthly Price
$1,118 - $1,244
1 to 2 Bedroom Apartments Available Now

The Faribo Apartments

123 2nd St NWFaribault, MN 55021
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The Pearl
$1,140 - $1,690
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,650
Required Monthly Fees
$40
Total Monthly Price
$1,140 - $1,690
1 to 2 Bedroom Apartments Available Aug 1

The Pearl

130 E Pearl StOwatonna, MN 55060
Luxury
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  • Customer Reviewed
  • Utilities Included

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.

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West Lake Meadows
Rent Specials
$1,175 - $1,645
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,175 - $1,645
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
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Coopers Court
$1,224 - $1,379
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,360
Required Monthly Fees
$19
Total Monthly Price
$1,224 - $1,379
1 to 3 Bedroom Apartments Available Aug 1

Coopers Court

614 W Bridge StOwatonna, MN 55060
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Elmview Apartments
Rent Specials
$1,243 - $1,955
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,895
Required Monthly Fees
$60
Total Monthly Price
$1,243 - $1,955
Studio to 3 Bedroom Apartments Available Now

Elmview Apartments

1740 Willow StFaribault, MN 55021
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  • Utilities Included
  • 3D Tour

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.

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ASCEND
$1,530 - $2,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,490 - $2,790
Required Monthly Fees
$40
Total Monthly Price
$1,530 - $2,830
1 to 2 Bedroom Apartments Available Now

ASCEND

210 N Oak AveOwatonna, MN 55060
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  • Utilities Included
  • 3D Tour

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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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
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Academy Apartments
1 to 2 Bedroom Apartments

Academy Apartments

706 E Academy StOwatonna, MN 55060
property at 103 Main St E

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150
Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

103 Main St E

Clarks GroveMN56016
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Midwest Flats
Studio to 2 Bedroom Apartments

Midwest Flats

429 8th Ave NWFaribault, MN 55021
  • Utilities Included
property at 416 State St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

416 State St

West ConcordMN55985
property at 4544 Washington Blvd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

4544 Washington Blvd

Madison LakeMN56063
property at 101 Elm St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 1 Bath Condo for Rent

Available Now

101 Elm St

ClaremontMN55924
property at 501 1st St W

$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

501 1st St W

NorthfieldMN55057

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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Apartments on Mound
1 to 2 Bedroom Apartments

Apartments on Mound

660 Mound StOwatonna, MN 55060
  • Utilities Included
property at 205 Janjo Dr

$1,520

Total Monthly Price

Total Monthly Price

Base Rent
$1,520
Total Monthly Price
$1,520

2 Bedroom, 2 Bath Home for Rent

Available Now

205 Janjo Dr

MankatoMN56001
property at 55 Wood Dr

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600
Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

55 Wood Dr

MankatoMN56001
Showing Results 1-48, Page 1 of 1

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 Woodridge Apartments in the Green Meadows neighborhood priced from $910. Four Seasons Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Medford apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$910
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,033
Clifton Apartments1BD1BR,1BA$1,095
Cedar View Apartments2575 Studio - 2nd and 3rd FloorStudio,1BA$1,195
Park Village Apartments2bd/1ba PV12BR,1BA$1,220
Elmview Apartments2 BD/1 BA2BR,1BA$1,243
The Faribo ApartmentsTwo Bedroom A2BR,1BA$1,244
Riverchase Apartments1 Bedroom 1 Bath1BR,1BA$1,250
South Pointe II ApartmentsOne Bedroom One Bathroom1BR,1BA$1,260

Best Value Apartments for Rent in Medford, MN and Nearby

As of July 25, 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 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC starting at $1,695 with a $1.41 price per square foot in the Downtown Faribault 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
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.41
Hillside ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.38
111 Vine Apartments2 Bedroom 2 Bathroom2BR,2BA$1.48
Park Plaza Apartments2B 1011 sq. ft.2BR,1BA$1.41
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.31
Town's Edge Place Apartments2 Bedroom2BR,1BA$1.40
Park Village Apartments2bd/1ba PV12BR,1BA$1.53
Clifton Apartments1BD1BR,1BA$1.56
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$1.36

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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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.

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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!

Explore Medford, MN Rentals by Map

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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 Cedar View Apartments listed at $1,195.

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

The lowest price for a Cheap One Bedroom Medford Apartment is $910 at Woodridge 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 $1,189 at Town's Edge Place 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.