Cheap Apartments for Rent in Mountain Iron, MN from $500 (5 Rentals)

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

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.

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The Art of the Rental Viewing: What to look for during a property tour

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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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 Mountain Manor Apartments priced from $605. 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
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$605
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Alice Nettell Towers1 BedroomStudio,$741

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

As of June 08, 2025 the best value apartment in the Mountain Iron area is the $1.11 price per square foot 512 8th St S Model at 512 8th St S, Unit 1-Main in the starting from $1,050. The second greatest value Mountain Iron apartment is the 912 S 5th Ave Model at 912 S 5th Ave, Unit Apt 3 starting at $1,100 with a $1.16 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.
512 8th St S, Unit 1-Main512 8th St S2BR,1BA$1.11
912 S 5th Ave, Unit Apt 3912 S 5th Ave2BR,1BA$1.16
The Virginian ApartmentsTwo Bed2BR,1BA$1.10
119 5th St S, Unit 1119 5th St S2BR,1BA$1.31
Alice Nettell Towers1 BedroomStudio ,$0.99
Meadowbrook Apartments1 Bed + 1 Bath1BR,1BA$1.14
5739 Marble Ave1 Bedroom1BR,1BA$1.09
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$1.21

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

Explore Mountain Iron, MN Rentals by Map

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See the most popular apartments and homes in Mountain Iron, MN

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Getting Around Mountain Iron, MN

Walk Score®

37 / 100

Car-Dependent

Most errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Mountain Iron Apartments

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

The lowest price for a Cheap One Bedroom Mountain Iron Apartment is $605 at Mountain Manor 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

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.