Cheap Apartments for Rent in Medford, MN from $800 (29 Rentals)

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204 3rd Ave SE
1 to 3 Bedroom Apartments

204 3rd Ave SE

204 3rd Ave SEMedford, MN 55049
Senior Living
  • Utilities Included

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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Midwest Flats
$1,039 - $1,839
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,799
Required Monthly Fees
$40

Total Monthly Price
$1,039 - $1,839
Studio to 2 Bedroom Apartments Available May 1

Midwest Flats

429 8th Ave NWFaribault, MN 55021
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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.

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 101 Elm St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Condo for Rent

Available Jan 31

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
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Academy Apartments
1 to 2 Bedroom Apartments

Academy Apartments

706 E Academy StOwatonna, MN 55060
property at 114 Lynn Ln

$1,169

Total Monthly Price

Total Monthly Price

Base Rent
$1,169

Total Monthly Price
$1,169

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.

property at 1000 Division St S

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Feb 10

1000 Division St S

NorthfieldMN55057

Medford, MN Local Guide

Cheapest Available Medford Apartments for Rent and Nearby

 

The cheapest available apartment rental in Medford, MN is a 2 Beds unit found at Northfield Estates in the Wood Hill neighborhood priced from $935. 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
Northfield Estates2 Bedroom2BR,1BA$935
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Riverview Manor1 BD 1 BA1BR,1BA$1,000
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,030
5th Street LoftsStudio - AffordableStudio,1BA$1,131
Park Village Apartments1bd/1ba + Den PV21BR,1BA$1,170
Maple Trails ApartmentsMT 1 BR STD1BR,1BA$1,190
Kraewood Flats - Rent SpecialPoplar- 1 Bedroom Affordable1BR,1BA$1,212
The Faribo ApartmentsTwo Bedroom A2BR,1BA$1,225
Clifton Apartments2 Beds, 1 bath2BR,1BA$1,250

Best Value Apartments for Rent in Medford, MN and Nearby

As of January 22, 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 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,345 with a $1.36 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
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.36
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.50
Park Village Apartments1bd/1ba + Den PV21BR,1BA$1.43
West Lake Meadows1 Bed 1 Bath Corner1BR,1BA$1.61
Clifton Apartments2 Beds, 1 bath2BR,1BA$1.56
Northfield Estates2 Bedroom2BR,1BA$1.17
Riverview Manor1 BD 1 BA1BR,1BA$1.28
The Faribo ApartmentsTwo Bedroom A2BR,1BA$1.63
Four Seasons ApartmentsBeautiful Two Bedroom Apartment Home2BR,1BA$1.62

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

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.

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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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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 5th Street Lofts listed at $1,131.

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 $935 at Northfield Estates.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.