Cheap Apartments for Rent in Minot, ND from $500 (87 Rentals)

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

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.

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.

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Minot Place Rowhomes
1 to 3 Bedroom Apartments

Minot Place Rowhomes

1717 11th St SWMinot, ND 58701
  • Utilities Included
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Ramblin Villas
1 Bedroom Apartments

Ramblin Villas

527 22nd Ave NWMinot, ND 58703

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.

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Sunnyside Villas
Studio to 1 Bedroom Apartments

Sunnyside Villas

525 9th St NEMinot, ND 58703
  • Utilities Included
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Cedarwood North
1 to 2 Bedroom Apartments

Cedarwood North

525 22nd Ave NWMinot, ND 58703
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Royal Suites
1 Bedroom Apartments

Royal Suites

2015 8th St NWMinot, ND 58703
  • Utilities Included
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325 11th Ave SW
1 to 2 Bedroom Apartments

325 11th Ave SW

325 11th Ave SWMinot, ND 58701
  • Utilities Included
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2808 6th St SW
1 to 3 Bedroom Apartments

2808 6th St SW

2808 6th St SWMinot, ND 58701
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Skyport
1 to 2 Bedroom Apartments

Skyport

2105 NW 5th StMinot, ND 58703
  • Utilities Included
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10 1st St SW
1 to 2 Bedroom Apartments

10 1st St SW

10 1st St SWMinot, ND 58701
  • Utilities Included
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2809 5th St SW
1 to 2 Bedroom Apartments

2809 5th St SW

2809 5th St SWMinot, ND 58701
  • Utilities Included

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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Terrace Heights
Studio to 2 Bedroom Apartments

Terrace Heights

505 4th St SWMinot, ND 58701
  • Utilities Included
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Blu on Broadway
Studio to 2 Bedroom Apartments

Blu on Broadway

1629 S BroadwayMinot, ND 58701
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Roosevelt Heights
1 to 2 Bedroom Apartments

Roosevelt Heights

420 15th St SEMinot, ND 58701
  • Utilities Included
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Willow Hollow I
2 Bedroom Apartments

Willow Hollow I

1140 12th St SEMinot, ND 58701
  • 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.

Minot, ND Local Guide

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Local Guide Expert

Cheapest Neighborhoods for Apartments in Minot, ND

Pricing Updated: 09/09/2026

Current apartment rentals in the Minot, ND area range in price from $500 to $2,395 with an overall median price of $1,256. The three Minot neighborhoods with the lowest median rent pricing are Downtown Minot at $857, Riverwalk at $1,205, and Northeast Minot at $1,225. Here is today’s list of the top 6 neighborhoods with the lowest median pricing for Minot Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Minot$857$5003
Riverwalk$1,205$5006
Northeast Minot$1,225$50014
Eastwood Park$1,265$5007
North Hill$1,307$5009
Souris Valley$1,312$50025

Cheapest Available Minot Apartments for Rent

 

The cheapest available apartment rental in Minot, ND is a Studio unit found at The Parker in the Downtown Minot neighborhood priced from $500. 625 Maple Street in the Downtown Minot neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Minot apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The ParkerStudio, 1 bathStudio,1BA$500
625 Maple Street1BR/1.0BA1BR,1BA$645
Cedarwood MSU1 Bed / 1 Bath1BR,1BA$825
Fairmont Apartments2 Bed / 1 Bath2BR,1BA$895
Twin Villas2 Bed / 1 Bath Remodeled2BR,1BA$895
Dakota Arms2 Bed / 1 Bath Garden Level2BR,1BA$915
Gateway ApartmentsStudioStudio,1BA$940
1314 8th St NW[Yes Pet Friendly] Not Advertised.2BR,2BA$1,045
South PointeWillow2BR,2BA$1,135
Stonebridge Villas1 Bed / 1 Bath 948 sq ft1BR,1BA$1,225

Best Value Apartments for Rent in Minot, ND

As of September 09, 2026 the best value apartment in the Minot area is the $1.10 price per square foot 3 Bed 2 Bath | 1668 sqft Model at The Heights Condos in the in the Souris Valley neighborhood starting from $1,834. The second greatest value Minot apartment is the 3 Bed / 2 Bath 1369 sq ft Double Garage Model at Crossings at the Bluffs starting at $1,445 with a $1.06 price per square foot in the Souris Valley neighborhood. Here is today’s list of the best values for Minot apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Heights Condos3 Bed 2 Bath | 1668 sqft3BR,2BA$1.10
Crossings at the Bluffs3 Bed / 2 Bath 1369 sq ft Double Garage3BR,2BA$1.06
The Pines on 37th3 Bed - Corner3BR,2BA$0.99
Meadow Ridge Apartments3 Bed 2 Bath | 1365sf3BR,2BA$1.04
Prairie Heights3 Bed / 2 Bath 1356 sq ft 1st Floor3BR,2BA$1.06
Kenwood on 5th Apartments3 Bed 2 Bath | 1342sf3BR,2BA$1.11
The Wyatt at Northern LightsArcs2BR,2BA$1.27
South PointeWillow2BR,2BA$1.09
Dakota Arms2 Bed / 1 Bath Garden Level2BR,1BA$1.14
Summit Park2 Bed / 1 Bath 750 sq ft Balcony2BR,1BA$1.15

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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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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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Minot Overview

Choosing a city to live in is not a one-time plan. Whether you are compelled by your current job or another dire need to do so, you must weigh out many options before settling down. So, what should be your biggest motivations to live in Minot Apartments? Well, you will love the relatively cold weather for most of the year, well-connected infrastructure, the great Scandinavian culture, great parks and museums, and annual festivals ranging from entertainment and culture to business. In a nutshell, Minot spells one word—Incredible!

Why live in Minot, ND?

Since Minot made headlines about the Oil Industry expansion in 2006, there has always been massive job opportunities up to date. Industries ranging from logistics and agriculture to transport and technology came to the fore. If you love engaging in rides, live concerts, or group competitions, Minot Apartments should make an ideal home for you. The famous North Dakota’s state fair hosted in Minot brings together great musicians and bands such as the Paramore, Jason Aldean, and Fergie. Beautiful sceneries such as the Scandinavian Heritage Park, Roosevelt Park Zoo, and Riverwalk of Minot will make you fall in love with the city. So, it is indeed a place you should never mind living.

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

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Frequently Asked Questions about Cheap Minot Apartments

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

Today's best deal for a Cheap Two Bedroom Apartment in Minot is starting from $859 at Summit Park.

What is the most affordable Minot Three Bedroom Apartment?

The best deal on a cheap Minot Three Bedroom Apartment rental is at The Pines on 37th 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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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.

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.