Cheap Homes for Rent in Medina, MN from $1,500 (10 Rentals)

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

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.

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.

Medina, MN Local Guide

Cheapest Available Medina Apartments for Rent and Nearby

 

The cheapest available apartment rental in Medina, MN is a 1 Bed unit found at Oakwood in the Wright Far Western Suburbs neighborhood priced from $1,370. Rush Creek Apartments in the Hidden Creek Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,705. Here is today’s list of the most affordable Medina apartments for rent:

Apartment ListingModel NameBed/BathPriced From
OakwoodBirchwood1BR,1BA$1,370
Rush Creek ApartmentsELM1BR,1BA$1,705
The Stax of Long LakeMarsh - ACC1BR,1BA$1,995

Best Value Apartments for Rent in Medina, MN and Nearby

As of May 23, 2025 the best value apartment in the Medina area is the $1.86 price per square foot The Willow Model at Ironwood Townhomes in the in the Wright Far Western Suburbs neighborhood starting from $2,999. The second greatest value Medina apartment is the Highland Model at The Stax of Long Lake starting at $2,025 with a $2.51 price per square foot in the Timber Creek Crossing Village 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.
Ironwood TownhomesThe Willow3BR,2.5BA$1.86
The Stax of Long LakeHighland1BR,1BA$2.51
Rush Creek ApartmentsELM1BR,1BA$2.23
OakwoodBirchwood1BR,1BA$1.91

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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Frequently Asked Questions about Medina

What type of rentals are currently available in Medina?

There are currently 53 Apartments for Rent in Medina, MN with pricing that ranges from $1,070 to $3,550. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medina ranging from $1,500 to $15,000.

What is the current price range for Rental Homes in Medina?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Medina ranges from $1,500 to $15,000 with an average monthly rent of $3,843.

How much are larger Three and Four Bedroom Rentals in Medina?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Medina range from $2,460 to $3,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,095 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,599 and Four Bedroom Apartments start at $3,100.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis article

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis

Written by: Stephanie Lica

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.