Cheap Apartments for Rent in Mountain Iron, MN from $500 (32 Rentals)

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

property at 218 2nd St N

$575 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$575

Total Monthly Price
$575

Studio To 1 Bedroom Rentals

Available Now

218 2nd St N

VirginiaMN55792
property at 109 3rd Ave

$624

Total Monthly Price

Total Monthly Price

Base Rent
$624

Total Monthly Price
$624

1 Bedroom, 1 Bath Home for Rent

Available Now

109 3rd Ave

BoveyMN55709

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property at 212 NE 3rd Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Home for Rent

Available Now

212 NE 3rd Ave

Grand RapidsMN55744
property at 104 5th St S

$890

Total Monthly Price

Total Monthly Price

Base Rent
$890

Total Monthly Price
$890

1 Bedroom, 1 Bath Home for Rent

Available Now

104 5th St S

VirginiaMN55792

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 306 N 5th Ave W

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

306 N 5th Ave W

VirginiaMN55792
property at 302 N 5th Ave W

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

302 N 5th Ave W

VirginiaMN55792
property at 2023 7th Ave E

$940

Total Monthly Price

Total Monthly Price

Base Rent
$940

Total Monthly Price
$940

1 Bedroom, 1 Bath Home for Rent

Available Now

2023 7th Ave E

HibbingMN55746
property at 310 S 8th Ave W

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

310 S 8th Ave W

VirginiaMN55792

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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Alice Nettell Towers
Studio Apartments

Alice Nettell Towers

550 N 3rd AveVirginia, MN 55792
Senior Living
  • Utilities Included
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Lincoln Place Apartments
1 to 2 Bedroom Apartments

Lincoln Place Apartments

801 McKinley AveEveleth, MN 55734
Senior Living
  • Utilities Included
property at 1114 E 22nd St

$915

Total Monthly Price

Total Monthly Price

Base Rent
$915

Total Monthly Price
$915

2 Bedroom, 1 Bath Home for Rent

Available Now

1114 E 22nd St

HibbingMN55746
property at 911 NW 8th St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

911 NW 8th St

Grand RapidsMN55744

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

Cheapest Available Mountain Iron Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mountain Iron, MN is a 1 Bed unit found at Laurentian Apartments priced from $600. Meadowview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Mountain Iron apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Laurentian ApartmentsStudio1BR,1BA$600
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$701
5739 Marble Ave1 Bedroom1BR,1BA$760
Silverwood Apartments1 Bedroom1BR,1BA$793
Canal ApartmentsEfficiencyStudio,1BA$800
Meadowbrook Apartments2 Bed + 1 Bath2BR,1BA$895
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$927
Hilltop ManorOne Bedroom1BR,1BA$940
Ivy Manor Apartments2 Bedroom2BR,1BA$958

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

As of June 13, 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 Marlin Manor, 3 bed, 1 bath. Model at Marlin Manor starting at $995 with a $1.00 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
Marlin ManorMarlin Manor, 3 bed, 1 bath.3BR,1BA$1.00
Ivy Manor Apartments2 Bedroom2BR,1BA$1.05
5739 Marble Ave2 Bedroom2BR,1BA$1.13
Silverwood Apartments1 Bedroom1BR,1BA$1.22
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$1.58
Hilltop ManorOne Bedroom1BR,1BA$1.64
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$1.40
Laurentian ApartmentsStudio1BR,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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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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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 Canal Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Mountain Iron Apartment is $600 at Laurentian 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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.