Cheap Homes for Rent in Nerstrand, MN from $800 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Nerstrand.

property at 101 Elm St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Condo for Rent

Available Mar 14

101 Elm St

ClaremontMN55924
property at 515 10th St SW

$1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

2 Bedroom, 1 Bath Home for Rent

Available Apr 15

515 10th St SW

FaribaultMN55021
property at 551 6th St W

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

3 Bedroom, 1 Bath Townhome for Rent

Available Mar 13

551 6th St W

HastingsMN55033
property at 501 1st St W

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Apr 4

501 1st St W

NorthfieldMN55057
property at 261 Frenn Ave

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

3 Bedroom, 2 Bath Townhome for Rent

Available Now

261 Frenn Ave

Red WingMN55066

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.

property at 2894 138th St W

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Now

2894 138th St W

RosemountMN55068
property at 720 10th St SW

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

2 Bedroom, 2 Bath Townhome for Rent

Available Now

720 10th St SW

Pine IslandMN55963
property at 20577 Erin Ct

$1,725

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

2 Bedroom, 2 Bath Townhome for Rent

Available Apr 1

20577 Erin Ct

FarmingtonMN55024
property at 14248 Hemlock Ct N

$1,749

Total Monthly Price

Total Monthly Price

Base Rent
$1,749

Total Monthly Price
$1,749

2 Bedroom, 1 Bath Home for Rent

Available Apr 15

14248 Hemlock Ct N

Apple ValleyMN55124
property at 513 Tamarack Trl

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 1

513 Tamarack Trl

FarmingtonMN55024

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.

property at 1035 Petra Ct SW

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

1035 Petra Ct SW

Pine IslandMN55963

Nerstrand, MN Local Guide

Cheapest Available Nerstrand Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nerstrand, MN is a 2 Beds unit found at Northfield Estates in the Wood Hill neighborhood priced from $952. 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 ListingModel NameBed/BathPriced From
Northfield EstatesCOMING SOON2BR,1BA$952
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Riverview Manor1 BD 1 BA1BR,1BA$1,000
Hidden Valley Apartments** COMING SOON **2BR,1BA$1,010
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,030

Best Value Apartments for Rent in Nerstrand, MN and Nearby

As of March 09, 2026 the best value apartment in the Nerstrand area is the $1.49 price per square foot Two Bedroom Two Bathroom Model at South Pointe II Apartments in the in the Downtown Owatonna neighborhood starting from $1,560. The second greatest value Nerstrand apartment is the 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,345 with a $1.36 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Nerstrand apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
South Pointe II ApartmentsTwo Bedroom Two Bathroom2BR,2BA$1.49
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.36
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.50
Centennial & Heritage Apartments2 bedroom2BR,1BA$1.32
Hidden Valley Apartments** COMING SOON **2BR,1BA$1.11
Park Village Apartments2bd/1ba PV22BR,1BA$1.38
111 Vine Apartments1 Bedroom 1 Bathroom + Den1BR,1BA$1.64
Northfield EstatesCOMING SOON2BR,1BA$1.19
Riverview Manor1 BD 1 BA1BR,1BA$1.28
Four Seasons ApartmentsBeautiful Two Bedroom Apartment Home2BR,1BA$1.62

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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

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Frequently Asked Questions about Nerstrand

What type of rentals are currently available in Nerstrand?

There are currently 44 Apartments for Rent in Nerstrand, MN with pricing that ranges from $820 to $2,500. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nerstrand ranging from $875 to $3,600.

What is the current price range for Rental Homes in Nerstrand?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Nerstrand ranges from $875 to $3,600 with an average monthly rent of $2,168.

How much are larger Three and Four Bedroom Rentals in Nerstrand?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Nerstrand range from $1,350 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $1,995.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.