Cheap Apartments for Rent in Mountain Iron, MN from $500 (4 Rentals)

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

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.

property at 218 2nd St N

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

1 Bedroom, 1 Bath Home for Rent

Available Now

218 2nd St N

VirginiaMN55792

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Mountain Iron, MN Local Guide

Best Value Apartments for Rent in Mountain Iron, MN and Nearby

As of January 19, 2026 the best value apartment in the Mountain Iron area is the $0.90 price per square foot 2 Bed + 1 Bath Model at Meadowbrook Apartments in the starting from $895. The second greatest value Mountain Iron apartment is the 2 Bedroom Model at The Androy Apartments starting at $936 with a $1.10 price per square foot . Here is today’s list of the best values for Mountain Iron apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowbrook Apartments2 Bed + 1 Bath2BR,1BA$0.90
The Androy Apartments2 Bedroom2BR,1BA$1.10
5739 Marble Ave2 Bedroom2BR,1BA$1.13
Raintree West Apartments2 bedroom - Section 82BR,1BA$1.18
City View Apartments1 Bed and 1 Bath1BR,1BA$1.80
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$1.58
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$1.40
Canal ApartmentsEfficiencyStudio ,1BA$1.78
Ivy Manor ApartmentsEfficiencyStudio ,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.

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

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Frequently Asked Questions about Cheap Mountain Iron Apartments

What is the Cheapest Studio apartment in Mountain Iron?

Currently the most affordable Cheap Studio Apartment in Mountain Iron is at Ivy Manor Apartments listed at $585.

How much is rent for a Cheap One Bedroom Mountain Iron Apartment?

The lowest price for a Cheap One Bedroom Mountain Iron Apartment is $700 at Meadowview Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Mountain Iron is starting from $750 at Meadowview Apartments.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!