Search the lowest-cost Apartments available for rent right now in Nerstrand.
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.
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.
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.
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.
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nerstrand Studio Apartments | $1,104 | $820 | $1,400 |
| Nerstrand 1 Bedroom Apartments | $1,345 | $910 | $1,950 |
| Nerstrand 2 Bedroom Apartments | $1,496 | $1,010 | $2,525 |
| Nerstrand 3 Bedroom Apartments | $1,795 | $1,350 | $2,250 |
| Nerstrand 4 Bedroom Apartments | $2,055 | $2,055 | $2,055 |
The cheapest available apartment rental in Nerstrand, MN is a 1 Bed unit found at Woodridge Apartments in the Green Meadows neighborhood priced from $910. Four Seasons Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Nerstrand apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $910 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1,010 |
| Aire | Studio, 1 bath | Studio,1BA | $1,020 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,110 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,118 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1,140 |
| Cannonball Apartments | A3 | Studio,1BA | $1,160 |
| Elmview Apartments | 2 BD/1 BA | 2BR,1BA | $1,243 |
As of April 29, 2026 the best value apartment in the Nerstrand area is the $1.50 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,875. The second greatest value Nerstrand apartment is the 2 Bed 2 Bath Model at West Lake Meadows starting at $1,585 with a $1.51 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Nerstrand apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| West Lake Meadows | 2 Bed 2 Bath | 2BR,2BA | $1.51 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.11 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.64 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.36 |
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDiscover 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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Read ArticleDiscover 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.
Read ArticleThe 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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Currently the most affordable Cheap Studio Apartment in Nerstrand is at Aire listed at $1,020.
The lowest price for a Cheap One Bedroom Nerstrand Apartment is $910 at Woodridge Apartments.
Today's best deal for a Cheap Two Bedroom Apartment in Nerstrand is starting from $1,010 at Hidden Valley Apartments.
The best deal on a cheap Nerstrand Three Bedroom Apartment rental is at Four Seasons Apartments and starts from $1,350.
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