
Cheap Apartments for Rent near New Market, MN from $831 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in New Market.


Total Monthly Price
Northfield Estates

Parkwood Apartments

Philipp Square Senior Apartments 55+

Total Monthly Price
Southwind Village

Centennial & Heritage Apartments

Total Monthly Price
The Oaks of Lakeville

Maple Acres Apartments

Kestrel Village Apartments

Total Monthly Price
Creekside Commons Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Total Monthly Price
Authentix Lakeville

Total Monthly Price
The Overlook at Crystal Lake

Hearthwood Apartments

The Village at Five Hawks

Kraewood Flats

Bohemia Flats

Total Monthly Price
Arris Lakeville

Total Monthly Price
The Grainwood Senior Apartments

Old Town Apartments

LakeVillage Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Total Monthly Price
East Gate Estates

Total Monthly Price
Lakeville Woods

Total Monthly Price
The Edison at Avonlea

Total Monthly Price
Rye Apartments

The Emery Apartments

Total Monthly Price
Northlake Lofts

Total Monthly Price
Springs at Lakeville

Total Monthly Price
SouthFork Townhomes Flats

Courtwood Village I

Marion Crossing
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Spero Senior Living

Dundas Apartments

Total Monthly Price
Lakeside Flats

Courtwood Village 2

Total Monthly Price
Rambush Estates

16075 Joplin Ave

Provence

Total Monthly Price
Wildwood Lakeville - NOW OPEN!

Liberty Park Apartments Senior Community-62+

501 1st St W
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.

9830 Upper 161st St W

16505 Timber Crest Dr SE

15563 Garnet Way

14534 Lockslie Trail

7155 126th St W

12710 Granger Ct

12585 Gavotte Ave

1554 Independence Dr

18340 Kerrville Trail

361 Brutus Dr
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.
New Market, MN Local Guide

How much does it cost to rent an apartment in New Market?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Market Studio Apartments | $1,455 | $1,065 | $1,698 |
| New Market 1 Bedroom Apartments | $1,651 | $831 | $1,937 |
| New Market 2 Bedroom Apartments | $2,014 | $1,027 | $2,850 |
| New Market 3 Bedroom Apartments | $2,722 | $1,250 | $3,808 |
| New Market 4 Bedroom Apartments | $4,194 | $3,935 | $4,508 |
Browse Top Apartments in New Market
See all Apartments in New MarketExplore New Market
New Market, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available New Market Apartments for Rent and Nearby
 The cheapest available apartment rental in New Market, MN is a Studio unit found at Parkwood Apartments in the Downtown Prior Lake neighborhood priced from $1,065. Southwind Village in the Oak Shores neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,216. Here is today’s list of the most affordable New Market apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Parkwood Apartments | 1 and 2 bed | Studio, | $1,065 |
| Southwind Village | A1 | 1BR,1BA | $1,216 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1,250 |
| Maple Acres Apartments | 3 Bedroom | 3BR,1BA | $1,250 |
| Bohemia Flats | One Bedroom One Bathroom | 1BR,1BA | $1,400 |
| Arris Lakeville | Oak | Studio,1BA | $1,406 |
| Authentix Lakeville | 1 BR Premier Horizon Summit | 1BR,1BA | $1,433 |
| The Overlook at Crystal Lake | S1 | Studio,1BA | $1,435 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1,450 |
| Old Town Apartments | C2 - 1 Bed 1 Bath | 1BR,1BA | $1,450 |
Best Value Apartments for Rent in New Market, MN and Nearby
As of August 24, 2026 the best value apartment in the New Market area is the $1.69 price per square foot The Highview - Single Family Home Model at Wildwood Lakeville - NOW OPEN! in the in the Timbercrest At Lakeville neighborhood starting from $4,508. The second greatest value New Market apartment is the C1 Tamarack Model at The Crossing at Ritter Meadows starting at $2,725 with a $1.71 price per square foot in the Wood Hill neighborhood. Here is today’s list of the best values for New Market apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wildwood Lakeville - NOW OPEN! | The Highview - Single Family Home | 4BR,2.5BA | $1.69 |
| The Crossing at Ritter Meadows | C1 Tamarack | 2BR,2.5BA | $1.71 |
| The Oaks of Lakeville | 2 BD / 1.5 BA | 2BR,1.5BA | $1.40 |
| Maple Acres Apartments | 3 Bedroom | 3BR,1BA | $1.19 |
| East Gate Estates | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.56 |
| Courtwood Village 2 | 2 Bed/ 2 Bath | 2BR,2BA | $1.74 |
| Courtwood Village I | 2 Bed/1 Bath Model B | 2BR,1BA | $1.70 |
| The Grainwood Senior Apartments | Two Bedroom - A | 2BR,1BA | $1.63 |
| The Village at Five Hawks | 2BR/1.0BA | 2BR,1BA | $1.77 |
| Lakeville Woods | Birch B | 1BR,1BA | $1.76 |
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 Market, MN Rentals by Map
See the most popular apartments and homes in New Market, MN
Frequently Asked Questions about Cheap New Market Apartments
What is the Cheapest Studio apartment in New Market?
Currently the most affordable Cheap Studio Apartment in New Market is at Parkwood Apartments listed at $1,065.
How much is rent for a Cheap One Bedroom New Market Apartment?
The lowest price for a Cheap One Bedroom New Market Apartment is $1,216 at Southwind Village.
What is the lowest price for a Cheap Two Bedroom New Market Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Market is starting from $1,250 at Centennial & Heritage Apartments.
What is the most affordable New Market Three Bedroom Apartment?
The best deal on a cheap New Market Three Bedroom Apartment rental is at Maple Acres Apartments and starts from $1,250.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.