Cheap Apartments for Rent in Medina, MN from $500 (23 Rentals)

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

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Medina Townhomes
2 to 4 Bedroom Apartments

Medina Townhomes

510 Clydesdale TrlMedina, MN 55340
  • Utilities Included
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Rush Creek Apartments
Rent Specials
$1,644 - $2,314
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,640 - $2,310
Required Monthly Fees
$4

Total Monthly Price
$1,644 - $2,314
Studio to 3 Bedroom Apartments Available Now

Rush Creek Apartments

7148 Brockton Ln NMaple Grove, MN 55311
Corporate Housing
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972 Hamel Rd
Studio Apartments

972 Hamel Rd

972 Hamel RdHamel, MN 55340

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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199 N Medina St
Studio Apartments

199 N Medina St

199 N Medina StLoretto, MN 55357
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201 Medina St N
1 Bedroom Apartments

201 Medina St N

201 Medina St NLoretto, MN 55357
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Garrison Landing
Studio Apartments

Garrison Landing

240 Minnetonka Ave SWayzata, MN 55391
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385 Brown Rd
Studio Apartments

385 Brown Rd

385 Brown RdLong Lake, MN 55356
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Wayzata Blu
Studio Apartments

Wayzata Blu

259 Lake St EWayzata, MN 55391
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110 Loretto St
Studio to 2 Bedroom Apartments

110 Loretto St

110 Loretto StLoretto, MN 55357

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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510 Dexter Dr
Studio Apartments

510 Dexter Dr

510 Dexter DrLong Lake, MN 55356
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511 Dexter Dr
Studio Apartments

511 Dexter Dr

511 Dexter DrLong Lake, MN 55356
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Highland Apartments
1 Bedroom Apartments

Highland Apartments

150 Wayzata Blvd EWayzata, MN 55391
Senior Living
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Grandview Apartments
1 to 2 Bedroom Apartments

Grandview Apartments

216 Brown Rd NLong Lake, MN 55356
  • Utilities Included
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
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Hillcrest Apartments
1 to 2 Bedroom Apartments

Hillcrest Apartments

300 Sunnyridge LnLoretto, MN 55357
Senior Living
  • Utilities Included

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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Maple Plain Apartments
1 to 2 Bedroom Apartments

Maple Plain Apartments

1875 Budd AveMaple Plain, MN 55359
  • Utilities Included

Medina, MN Local Guide

Cheapest Available Medina Apartments for Rent

 

The cheapest available apartment rental in Medina, MN is a 1 Bed unit found at Oakwood in the Timber Creek Crossing Village neighborhood priced from $1,529. The Stax of Long Lake in the Wright Far Western Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,983. Here is today’s list of the most affordable Medina apartments for rent:

Apartment ListingModel NameBed/BathPriced From
OakwoodBirchwood1BR,1BA$1,529
The Stax of Long LakeGleanloch1BR,1BA$1,983
Rush Creek ApartmentsRICE2BR,2BA$2,254

Best Value Apartments for Rent in Medina, MN

As of May 24, 2026 the best value apartment in the Medina area is the $2.03 price per square foot RICE Model at Rush Creek Apartments in the in the Delgany Vineyards neighborhood starting from $2,254. The second greatest value Medina apartment is the Walnut Model at The Stax of Long Lake starting at $2,120 with a $2.64 price per square foot in the Wright Far Western Suburbs neighborhood. Here is today’s list of the best values for Medina apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Rush Creek ApartmentsRICE2BR,2BA$2.03
The Stax of Long LakeWalnut1BR,1BA$2.64
OakwoodBirchwood1BR,1BA$2.13

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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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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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Frequently Asked Questions about Cheap Medina Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in Medina is starting from $1,689 at Oakwood.

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.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

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This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

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