
Cheap Apartments for Rent in Myrtle, MN from $400 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in Myrtle.


18 S Adams Ave

Key West Apartments

A-Lea Apartments

CityView Apartments

Flats on 21

Meadow Lake of Clear Lake Apartments

Skye Lofts Apartments

Pebble Creek Apartments
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.

City Center Kent Apartments

The River Apartments & Townhomes

1200 Jade Apartments

Federal Ave Rowhomes

Kee Valley Apartments

Bricelyn Plaza

Irish Hospital Apartments

Total Monthly Price
Northern Place Apartments

Pilgrim Place Senior Housing (62+)
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.

111 Vine Apartments

The Meadows

The Delaware - Luxury Apartment's in Mason City!

Total Monthly Price
Lincoln Apartments LLC

Webster Apartments

Clifton Apartments

913 Abbott St, Unit 202

Shalom Tower II

108 Main St N
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.

214 W College St

The Manor

207 E 4th St

121 Clinton St

1506 7th St SE

121 Main St S

Grant Village

909 E Vine St

262 S Pearl St
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.

303 Chestnut St

302 19th St NE

240 E Rice St
Myrtle, MN Local Guide

How much does it cost to rent an apartment in Myrtle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Myrtle Studio Apartments | $1,051 | $500 | $1,389 |
| Myrtle 1 Bedroom Apartments | $1,247 | $525 | $1,719 |
| Myrtle 2 Bedroom Apartments | $1,545 | $800 | $2,830 |
| Myrtle 3 Bedroom Apartments | $1,581 | $935 | $2,509 |
| Myrtle 4 Bedroom Apartments | $1,718 | $937 | $2,500 |
Browse Top Apartments in Myrtle
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Myrtle, MN Local Guide
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Cheapest Available Myrtle Apartments for Rent and Nearby
 The cheapest available apartment rental in Myrtle, MN is a Studio unit found at Key Apartments priced from $500. 18 S Adams Ave has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Myrtle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
| CityView Apartments | Studio | Studio,1BA | $650 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $800 |
| The River Apartments & Townhomes | Studio Apartment | Studio,1BA | $870 |
| Pebble Creek Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $895 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $900 |
| Bricelyn Plaza | One bedroom | 1BR,1BA | $900 |
Best Value Apartments for Rent in Myrtle, MN and Nearby
As of July 01, 2026 the best value apartment in the Myrtle area is the $1.09 price per square foot 2 Bedroom Loft Model at Skye Lofts Apartments in the starting from $1,490. The second greatest value Myrtle apartment is the 2 Bedroom 2 Bathroom Model at South Pointe Apartments starting at $1,430 with a $1.30 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Myrtle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Skye Lofts Apartments | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Federal Ave Rowhomes | 2x1 | 2BR,1BA | $1.34 |
| The Meadows | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.28 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $1.04 |
| Kee Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| Pebble Creek Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.11 |
| CityView Apartments | 2 bedroom | 2BR,1BA | $1.08 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Myrtle, MN Rentals by Map
See the most popular apartments and homes in Myrtle, MN
Frequently Asked Questions about Cheap Myrtle Apartments
What is the Cheapest Studio apartment in Myrtle?
Currently the most affordable Cheap Studio Apartment in Myrtle is at Key Apartments listed at $500.
How much is rent for a Cheap One Bedroom Myrtle Apartment?
The lowest price for a Cheap One Bedroom Myrtle Apartment is $525 at 18 S Adams Ave.
What is the lowest price for a Cheap Two Bedroom Myrtle Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Myrtle is starting from $865 at CityView Apartments.
What is the most affordable Myrtle Three Bedroom Apartment?
The best deal on a cheap Myrtle Three Bedroom Apartment rental is at Pebble Creek Apartments and starts from $1,150.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.

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.