
Cheap Apartments for Rent near Melrude, MN from $495 (26 Rentals)
Search the lowest-cost Apartments available for rent right now in Melrude.


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Park Apartments

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Laurentian Apartments

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Ivy Manor Apartments

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Meadowview Apartments

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Mountain Manor Apartments
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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5739 Marble Ave

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The Acres on Arrowhead

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Meadowbrook Apartments

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Marlin Manor

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Hilltop Manor

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Park Villa Apartments
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.

3901 Greysolon Rd

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Mount Royal Apartment

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Eastview Apartments

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Mount Royal Manor

Irongate Apartments & Townhomes

The Androy Apartments
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.

Alice Nettell Towers

The Virginian Apartments

525 Pierce St

2705 W 2nd St

313 N 21st Ave W

2116 W 3rd St
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.

3748 4th Ave E

902 E 4th St
Melrude, MN Local Guide

How much does it cost to rent an apartment in Melrude?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Melrude Studio Apartments | $1,306 | $495 | $1,495 |
| Melrude 1 Bedroom Apartments | $1,490 | $550 | $1,909 |
| Melrude 2 Bedroom Apartments | $1,716 | $625 | $2,525 |
| Melrude 3 Bedroom Apartments | $2,151 | $1,315 | $2,450 |
Browse Top Apartments in Melrude
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Melrude, MN Local Guide
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Cheapest Available Melrude Apartments for Rent and Nearby
 The cheapest available apartment rental in Melrude, MN is a Studio unit found at 115 3rd St S priced from $495. Laurentian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Melrude apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 115 3rd St S | Studio/Efficiency | Studio, 1BA | $495 |
| Laurentian Apartments | Studio | 1BR, 1BA | $600 |
| Park Apartments | 2 Bed/1 Bath | 2BR, 1BA | $625 |
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR, 1BA | $700 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $701 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR, 1BA | $895 |
| 5739 Marble Ave | 2 Bedroom | 2BR, 1BA | $900 |
| Hilltop Manor | One Bedroom | 1BR, 1BA | $940 |
| Ivy Manor Apartments | 2 Bedroom | 2BR, 1BA | $958 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR, 1BA | $1,344 |
Best Value Apartments for Rent in Melrude, MN and Nearby
As of September 22, 2026 the best value apartment in the Melrude area is the $1.47 price per square foot 3 Bed 2.5 Bath Model at Deerfield Townhomes in the Duluth Heights neighborhood starting from $2,350. The second greatest value Melrude apartment is the 2bd 2bth Model at Maple Glen Estates in the Duluth Heights neighborhood starting at $1,600 with a $1.23 price per square foot. Here is today’s list of the best values for Melrude apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Deerfield Townhomes | 3 Bed 2.5 Bath | 3BR, 2.5BA | $1.47 |
| Maple Glen Estates | 2bd 2bth | 2BR, 2BA | $1.23 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR, 1BA | $1.29 |
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR, 1BA | $0.90 |
| Ivy Manor Apartments | 2 Bedroom | 2BR, 1BA | $1.05 |
| 5739 Marble Ave | 2 Bedroom | 2BR, 1BA | $1.13 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR, 1BA | $1.19 |
| Park Apartments | 2 Bed/1 Bath | 2BR, 1BA | $1.04 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $1.40 |
| Laurentian Apartments | Studio | 1BR, 1BA | $1.50 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
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Read ArticleReal 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.
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 Melrude, MN Rentals by Map
See the most popular apartments and homes in Melrude, MN
Frequently Asked Questions about Cheap Melrude Apartments
How much is rent for a Cheap One Bedroom Melrude Apartment?
The lowest price for a Cheap One Bedroom Melrude Apartment is $600 at Laurentian Apartments.
What is the lowest price for a Cheap Two Bedroom Melrude Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Melrude is starting from $625 at Park Apartments.
What is the most affordable Melrude Three Bedroom Apartment?
The best deal on a cheap Melrude Three Bedroom Apartment rental is at The Acres on Arrowhead and starts from $2,195.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.