Cheap Apartments for Rent in Nelson, MN from $400 (70 Rentals)

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

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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Parkview Apartments
$940 - $1,090
Total Monthly Price

Total Monthly Price

Base Rent
$940 - $1,090
Total Monthly Price
$940 - $1,090
2 to 3 Bedroom Apartments Contact Us For Availability

Parkview Apartments

535 6th StAvon, MN 56310
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  • Customer Reviewed
  • Utilities Included
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Pheasant Run Apartments
$969 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,375
Required Monthly Fees
$19
Total Monthly Price
$969 - $1,394
1 to 3 Bedroom Apartments Available May 16, 2099

Pheasant Run Apartments

825 34th Ave EAlexandria, MN 56308
Family Friendly
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  • Customer Reviewed
  • 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.

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property at 318 14th Ave E

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Condo for Rent

Available Now

318 14th Ave E, Unit B

318 14th Ave E
AlexandriaMN56308
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Wobegon Crossings
$1,139 - $1,749
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,120 - $1,730
Required Monthly Fees
$19
Total Monthly Price
$1,139 - $1,749
1 to 3 Bedroom Apartments Available Now

Wobegon Crossings

1250 W Railroad AveMelrose, MN 56352
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property at 708 18th St S

$1,200 - $1,700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200 - $1,700
Total Monthly Price
$1,200 - $1,700

2 To 3 Bedroom Homes for Rent

Available Now

708 18th St S

BensonMN56215

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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property at 509 E Vernon Ave

$1,290

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,290
Total Monthly Price
$1,290

3 Bedroom, 2 Bath Home for Rent

Available Now

509 E Vernon Ave

Fergus FallsMN56537
property at 405 E Main St

$1,295

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

405 E Main St

Battle LakeMN56515
property at 407 E Main St

$1,487

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,487
Total Monthly Price
$1,487

2 Bedroom, 2 Bath Townhome for Rent

Available Now

407 E Main St

Battle LakeMN56515

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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property at 502 Business 23 S

$1,495

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,495
Total Monthly Price
$1,495

4 Bedroom, 2 Bath Home for Rent

Available Now

502 Business 23 S

PaynesvilleMN56362
property at 34890 238th Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500
Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

34890 238th Ave

AlbanyMN56307
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Osakis Community Manor
1 to 2 Bedroom Apartments

Osakis Community Manor

480 W Main StOsakis, MN 56360
Senior Living
  • Utilities Included
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806 W 5th St
Studio to 1 Bedroom Apartments

806 W 5th St

806 W 5th StMorris, MN 56267
Corporate Housing
  • Utilities Included
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Carolina Village
1 to 2 Bedroom Apartments

Carolina Village

511 Carolina AveHoffman, MN 56339
  • Utilities Included
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Finlandia Apartments
1 Bedroom Apartments

Finlandia Apartments

107 Edgewood StNew York Mills, MN 56567
  • Utilities Included
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Village Green Apartments
1 Bedroom Apartments

Village Green Apartments

101 Thompson StVerndale, MN 56481
Senior Living
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

Nelson, MN Local Guide

Cheapest Available Nelson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nelson, MN is a Studio unit found at North Valley Apartments priced from $700. Westfield Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $765. Here is today’s list of the most affordable Nelson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
North Valley ApartmentsEfficiencyStudio,1BA$700
Westfield Apartments1 bedroom1BR,1BA$765
Twenty08 ApartmentsA.1 TIFStudio,1BA$820
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$840
10th Avenue Apartments1873 - Studio/1BAStudio,1BA$850
Cascade ApartmentsOne Bedroom1BR,1BA$898
Suncrest Apartments1 bedroom1BR,1BA$900
McKay Apartments2 Bed/1 Bath2BR,1BA$900
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$930
Runestone Grand Apartments2 Bedroom2BR,1BA$935

Best Value Apartments for Rent in Nelson, MN and Nearby

As of June 05, 2026 the best value apartment in the Nelson area is the $1.35 price per square foot C.3 Model at Central Lakes in the starting from $1,493. The second greatest value Nelson apartment is the 2 Bedroom Model at Runestone Grand Apartments starting at $935 with a $1.07 price per square foot . Here is today’s list of the best values for Nelson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Central LakesC.32BR,2BA$1.35
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
East Side Stories Apartments2 bed2BR,1BA$1.17
Cardinal Estates1 Bedroom 1 Bathroom1BR,1BA$1.05
Westfield Apartments1 Bed 1 Bath Bld 31BR,1BA$1.49
McKay Apartments2 Bed/1 Bath2BR,1BA$1.25
Lamplighter ApartmentsTwo Bedroom One Bathroom2BR,1BA$1.30
Suncrest Apartments1 bedroom1BR,1BA$1.29
Cascade ApartmentsOne Bedroom1BR,1BA$1.33
Westfield Apartments1 bedroom1BR,1BA$1.23

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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Quick Rent Budget Calculator

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

Explore Nelson, MN Rentals by Map

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See the most popular apartments and homes in Nelson, MN

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Frequently Asked Questions about Cheap Nelson Apartments

What is the Cheapest Studio apartment in Nelson?

Currently the most affordable Cheap Studio Apartment in Nelson is at North Valley Apartments listed at $700.

How much is rent for a Cheap One Bedroom Nelson Apartment?

The lowest price for a Cheap One Bedroom Nelson Apartment is $765 at Westfield Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Nelson is starting from $900 at McKay 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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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.

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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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.