Cheap Apartments for Rent in Mentor, MN from $400 (27 Rentals)

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

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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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.

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Pioneer Court A Ltd Ptshp
1 to 2 Bedroom Apartments

Pioneer Court A Ltd Ptshp

1602 Greenwood StThief River Falls, MN 56701
Senior Living
  • Utilities Included
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Valley View Commons
1 to 2 Bedroom Apartments

Valley View Commons

412 2nd St SWMahnomen, MN 56557
Senior Living
  • Utilities Included
property at 376 4th St E

$679

Total Monthly Price

Total Monthly Price

Base Rent
$679
Total Monthly Price
$679

1 Bedroom, 1 Bath Townhome for Rent

Available Now

376 4th St E

HalstadMN56548

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.

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Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included
Showing Results 1-27, Page 1 of 1

Mentor, MN Local Guide

Cheapest Available Mentor Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mentor, MN is a 1 Bed unit found at Prairie Rose priced from $696. Broadway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here is today’s list of the most affordable Mentor apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Prairie RoseOne Bedroom1BR,1BA$696
Broadway Apartments1 bedroom 1 bath1BR,1BA$771
Block VSTUDIO/1BAStudio,1BA$775
River Falls EstatesUnit 201 TIF2BR,1BA$787
Green Acres Apartments2 Bedroom 1 Bathroom Available!2BR,1BA$790
701 Lily Ln2 Bedroom2BR,1BA$800
Parkwood Apartments2 Bedroom2BR,1BA$825
Country Place Apartments1bed-1bath (sm)1BR,1BA$875
Wheatland Estates1 Bed 1 Bath1BR,1BA$895
Heritage Highland II Townhomes2 bedroom2BR,1BA$929

Best Value Apartments for Rent in Mentor, MN and Nearby

As of February 01, 2026 the best value apartment in the Mentor area is the $0.65 price per square foot 3 Bedroom 1.5 Bath Model at Crookston Townhomes in the starting from $945. The second greatest value Mentor apartment is the 4BR/1BA Model at Block V starting at $1,525 with a $1.09 price per square foot in the Downtown Grand Forks neighborhood. Here is today’s list of the best values for Mentor apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Crookston Townhomes3 Bedroom 1.5 Bath3BR,1.5BA$0.65
Block V4BR/1BA4BR,1BA$1.09
Heritage Highland II Townhomes2 bedroom2BR,1.5BA$0.74
Southwood Park TownhomesSherwood 2 bedroom2BR,1.5BA$0.87
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$0.98
Parkwood Apartments2 Bedroom2BR,1BA$0.86
701 Lily Ln2 Bedroom2BR,1BA$0.83
River Falls EstatesUnit 201 TIF2BR,1BA$0.84
Green Acres Apartments2 Bedroom 1 Bathroom Available!2BR,1BA$0.92
Broadway Apartments1 bedroom 1 bath1BR,1BA$1.10

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Mentor, MN Rentals by Map

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See the most popular apartments and homes in Mentor, MN

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Frequently Asked Questions about Cheap Mentor Apartments

What is the Cheapest Studio apartment in Mentor?

Currently the most affordable Cheap Studio Apartment in Mentor is at Block V listed at $775.

How much is rent for a Cheap One Bedroom Mentor Apartment?

The lowest price for a Cheap One Bedroom Mentor Apartment is $696 at Prairie Rose.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mentor is starting from $787 at River Falls Estates.

What is the most affordable Mentor Three Bedroom Apartment?

The best deal on a cheap Mentor Three Bedroom Apartment rental is at Crookston Townhomes and starts from $945.

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.