101 Elm St
ClaremontMN55924
Cheap Homes for Rent in Nerstrand, MN from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Nerstrand.
240 E Rice St
OwatonnaMN55060
94 Viking Terrace
NorthfieldMN55057
416 State St
West ConcordMN55985
51 Viking Terrace
NorthfieldMN55057
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.
538 2nd St NW
FaribaultMN55021
247 E Fremont St
OwatonnaMN55060
501 1st St W
NorthfieldMN55057
2894 138th St W
RosemountMN55068
720 10th St SW
Pine IslandMN55963
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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Nerstrand, MN Local Guide
Trail track into the distance by Nick Ortloff is licensed under CC BY 2.0
How much does it cost to rent a home in Nerstrand?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Nerstrand 2 Bedroom Homes for Rent | $1,736 | $875 | $2,725 |
| Nerstrand 3 Bedroom Homes for Rent | $2,338 | $1,120 | $3,600 |
| Nerstrand 4 Bedroom Homes for Rent | $3,281 | $2,300 | $3,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Nerstrand, MN Local Guide
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Cheapest Available Nerstrand Apartments for Rent and Nearby
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 |
Best Value Apartments for Rent in Nerstrand, MN and Nearby
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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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.
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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 ArticleThe 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.
Read ArticleCash 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.
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.
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See the most popular apartments and homes in Nerstrand, MN
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 $2,525. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Nerstrand ranging from $875 to $3,950.
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 $3,950 with an average monthly rent of $2,113.
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 $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,120 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,055.
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
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.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.