Cheap Homes for Rent near New Auburn, MN from $1,000 (11 Rentals)

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

property at 226 3rd Ave S

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

226 3rd Ave S

BrowntonMN55312
property at 604 White St SW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

604 White St SW

WatertownMN55388
property at 561 S Elk St

$1,095 - $1,445

Total Monthly Price

Total Monthly Price

Base Rent
$1,225

Total Monthly Price
$1,225

1 To 2 Bedroom Rentals

Available Now

561 S Elk St

Belle PlaineMN56011
property at 960 N 3rd St

$1,315 - $1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,325

Total Monthly Price
$1,325

1 Bedroom Rentals

Available Sep 11

960 N 3rd St

St. PeterMN56082
property at 602 E 1st St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

602 E 1st St

WaconiaMN55387

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.

property at 55 Wood Dr

$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

55 Wood Dr

MankatoMN56001
property at 23 Wood Dr

$1,609

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,609

Total Monthly Price
$1,609

3 Bedroom, 2 Bath Home for Rent

Available Now

23 Wood Dr

MankatoMN56001
property at 314 Oak Ln

$1,629

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,629

Total Monthly Price
$1,629

3 Bedroom, 2 Bath Home for Rent

Available Now

314 Oak Ln

MankatoMN56001
property at 207 Spruce Ln

$1,679

Total Monthly Price

Total Monthly Price

Base Rent
$1,679

Total Monthly Price
$1,679

2 Bedroom, 2 Bath Home for Rent

Available Now

207 Spruce Ln

MankatoMN56001
property at 203 Spruce Ln

$1,679

Total Monthly Price

Total Monthly Price

Base Rent
$1,679

Total Monthly Price
$1,679

2 Bedroom, 2 Bath Home for Rent

Available Now

203 Spruce Ln

MankatoMN56001

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 763 Rockford Ave E

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

763 Rockford Ave E

DelanoMN55328

New Auburn, MN Local Guide

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 ListingModel NameBed/BathPriced From
Howard Lake Apartments2 Bed2BR,1BA$795
Midway Apartments1 Bed, 1 bath1BR,1BA$825
131 W 11th St1 Bedroom 1 Bath1BR,1BA$850
Cedar Acres Apartments1 Bed, 1 bath1BR,1BA$875
Town's Edge Estates1 Bedroom/1 Bath1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Clover Field Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
Vista View Townhomes3 Bedroom Townhouse3BR,1.5BA$1.08
Welco West2 Bedroom2BR,1BA$1.26
520 6th StTwo Bedroom2BR,1BA$1.31
251 6th St2 Bedroom 1 Bath2BR,1BA$1.16
907 Dale St Apartments2 Bedroom2BR,1.5BA$1.06
Howard Lake Apartments2 Bed2BR,1BA$0.95
Town's Edge Estates2 Bedroom/2 Bath S2BR,1BA$1.18
Cedar Acres Apartments1 Bed, 1 bath1BR,1BA$1.17
131 W 11th St1 Bedroom 1 Bath1BR,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.

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

Explore New Auburn, MN Rentals by Map

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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

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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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.