
Cheap Homes for Rent near New Auburn, MN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in New Auburn.


604 White St SW

561 S Elk St

960 N 3rd St

602 E 1st St
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.

55 Wood Dr

23 Wood Dr

314 Oak Ln

207 Spruce Ln

203 Spruce Ln
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.

763 Rockford Ave E
New Auburn, MN Local Guide

How much does it cost to rent a home in New Auburn?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Auburn 2 Bedroom Homes for Rent | $1,724 | $1,000 | $2,500 |
| New Auburn 3 Bedroom Homes for Rent | $2,804 | $1,600 | $7,500 |
| New Auburn 4 Bedroom Homes for Rent | $3,626 | $2,345 | $7,500 |
| New Auburn 5 Bedroom Homes for Rent | $3,922 | $2,995 | $4,995 |
| New Auburn 6 Bedroom Homes for Rent | $11,995 | $10,000 | $10,000+ |
Browse Top Homes for Rent in New Auburn
Explore New Auburn
New Auburn, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Auburn Apartments for Rent and Nearby
 The cheapest available apartment rental in New Auburn, MN is a 2 Beds unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $795. Midway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable New Auburn apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $795 |
| Midway Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| 131 W 11th St | 1 Bedroom 1 Bath | 1BR,1BA | $850 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $875 |
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR,1BA | $885 |
Best Value Apartments for Rent in New Auburn, MN and Nearby
As of July 14, 2026 the best value apartment in the New Auburn area is the $1.00 price per square foot 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace in the in the Highland Shores neighborhood starting from $1,520. The second greatest value New Auburn apartment is the 3 Bedroom Townhouse Model at Vista View Townhomes starting at $1,297 with a $1.08 price per square foot . Here is today’s list of the best values for New Auburn apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Vista View Townhomes | 3 Bedroom Townhouse | 3BR,1.5BA | $1.08 |
| Welco West | 2 Bedroom | 2BR,1BA | $1.26 |
| 520 6th St | Two Bedroom | 2BR,1BA | $1.31 |
| 251 6th St | 2 Bedroom 1 Bath | 2BR,1BA | $1.16 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1.5BA | $1.06 |
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $0.95 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
| 131 W 11th St | 1 Bedroom 1 Bath | 1BR,1BA | $1.18 |
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 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 New Auburn, MN Rentals by Map
See the most popular apartments and homes in New Auburn, MN
Frequently Asked Questions about New Auburn
What type of rentals are currently available in New Auburn?
There are currently 83 Apartments for Rent in New Auburn, MN with pricing that ranges from $655 to $4,010. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Auburn ranging from $1,000 to $11,995.
What is the current price range for Rental Homes in New Auburn?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Auburn ranges from $1,000 to $11,995 with an average monthly rent of $4,224.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.