
Cheap Apartments for Rent in Medford, MN from $800 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Medford.


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Hidden Valley Apartments

Autumn Glen Townhomes

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Woodridge Apartments

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Midwest Flats

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Northfield Estates

Four Seasons Apartments

Riverview Manor

Straight River Apartments, LLC

Aire
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.

111 Vine Apartments

Town's Edge Place Apartments

Hillside Apartments

Chambers Apartments

Clifton Apartments

The Pearl

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The Faribo Apartments

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West Lake Meadows

Dodger 56, LLC

Kraewood Flats - Rent Special
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.

South Pointe Apartments

The Park

Trails Edge Apartments LLC

South Pointe II Apartments

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Coopers Court

Park Village Apartments

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Elmview Apartments

Heritage Bluff Apartments LLC

Riverchase Apartments

Cedar View Apartments
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.

Timberfield Apartments

Apartments on Mound

5th Street Lofts

Maple Trails Apartments

Mosaic Apartments

Park Plaza Apartments

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ASCEND

Dundas Apartments

101 Elm St

909 E Vine St
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.

240 E Rice St

Academy Apartments

94 Viking Terrace

416 State St

51 Viking Terrace

538 2nd St NW

127 Laurinda Ln

306 Louva Ln

121 Lynn Ln

114 Lynn Ln
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

How much does it cost to rent an apartment in Medford?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medford Studio Apartments | $1,097 | $820 | $1,400 |
| Medford 1 Bedroom Apartments | $1,319 | $900 | $1,950 |
| Medford 2 Bedroom Apartments | $1,497 | $1,010 | $2,525 |
| Medford 3 Bedroom Apartments | $1,733 | $1,200 | $2,250 |
| Medford 4 Bedroom Apartments | $2,055 | $2,055 | $2,055 |
Browse Top Apartments in Medford
See all Apartments in MedfordExplore Medford
Medford, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,010 |
| Aire | Studio, 1 bath | Studio,1BA | $1,020 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1,050 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,110 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,118 |
| Dodger 56, LLC | 1 Bedroom 1 Bath | 1BR,1BA | $1,130 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,140 |
| Elmview Apartments | 2 BD/1 BA | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| Apartments on Mound | Two Bedroom | 2BR,1BA | $1.13 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| West Lake Meadows | 2 Bed 2 Bath | 2BR,2BA | $1.51 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1.10 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.11 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Dodger 56, LLC | 1 Bedroom 1 Bath | 1BR,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.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Medford, MN Rentals by Map
See the most popular apartments and homes in Medford, MN
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

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.

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.

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.

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.