
Cheap Homes for Rent near Nelson, MN from $825 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Nelson.


6445 132nd Ave NE

706 W Lincoln Ave

100 7th St NE, Unit 1

606 1st Ave N, Unit 7

625 Iowa Ave NE

24288 Marquette St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

611 Jefferson St

219 1st St NE

409 Atlantic Ave

1049 13th St N

1513 Jefferson St S

637 W Laurel St

1009 Shady Hollow Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Nelson, MN Local Guide

How much does it cost to rent a home in Nelson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nelson 2 Bedroom Homes for Rent | $1,300 | $825 | $2,245 |
| Nelson 3 Bedroom Homes for Rent | $1,750 | $1,005 | $2,899 |
| Nelson 4 Bedroom Homes for Rent | $2,298 | $1,100 | $3,495 |
| Nelson 5 Bedroom Homes for Rent | $2,731 | $1,600 | $3,300 |
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Nelson, MN Local Guide
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Best Value Homes for Rent in Nelson, MN and Nearby
As of September 22, 2026 the best value rental home in the Nelson area is the $0.71 price per square foot 716 2nd St NE Model at 716 2nd St NE starting from $1,850. The second greatest value Nelson rental home is the 5075 County Road 4 NE Model at 5075 County Road 4 NE starting at $1,700 with a $1.13 price per square foot. Here is today’s list of the best values for Nelson homes based on price per square foot:
| Home Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 716 2nd St NE | 716 2nd St NE | 4BR, 2BA | $0.71 |
| 5075 County Road 4 NE | 5075 County Road 4 NE | 3BR, 1BA | $1.13 |
| 210 9th Ave N | 210 9th Ave N | 2BR, 1BA | $1.33 |
| 100 7th St NE, Unit 1 | 100 7th St NE | 2BR, 1BA | $1.03 |
| 606 1st Ave N, Unit 7 | 606 1st Ave N | 2BR, 1BA | $1.03 |
| 1049 13th St N | 1049 13th St N | 2BR, 1.5BA | $1.18 |
| 1027 13th St N | 1027 13th St N | 3BR, 1.5BA | $1.29 |
| 61 Central Ave N | 61 Central Ave N | 2BR, 1BA | $1.56 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Nelson, MN Rentals by Map
See the most popular apartments and homes in Nelson, MN
Frequently Asked Questions about Nelson
What type of rentals are currently available in Nelson?
There are currently 63 Apartments for Rent in Nelson, MN with pricing that ranges from $710 to $2,500. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nelson ranging from $825 to $3,495.
What is the current price range for Rental Homes in Nelson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Nelson ranges from $825 to $3,495 with an average monthly rent of $1,734.
How much are larger Three and Four Bedroom Rentals in Nelson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Nelson range from $1,090 to $2,055, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,005 to $2,899. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,795.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.