Cheap Apartments for Rent in New Market, MN from $600 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in New Market.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

New Market, MN Local Guide

Cheapest Available New Market Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Market, MN is a 2 Beds unit found at Northfield Estates in the Wood Hill neighborhood priced from $935. Southwind Village in the Dakota Far Southwest Suburbs neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here is today’s list of the most affordable New Market apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northfield EstatesCOMING SOON2BR,1BA$935
Southwind VillageS1Studio,1BA$1,095
Kraewood FlatsCherry- Studio AffordableStudio,1BA$1,131
Centennial & Heritage Apartments1 bedroom1BR,1BA$1,150
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1,195

Best Value Apartments for Rent in New Market, MN and Nearby

As of May 27, 2025 the best value apartment in the New Market area is the $1.44 price per square foot 2 Bed/ 2 Bath Model G Model at Courtwood Village I in the in the Downtown Prior Lake neighborhood starting from $1,599. The second greatest value New Market apartment is the 2 Bed, 2 Bath Model at Rambush Estates starting at $1,700 with a $1.55 price per square foot in the Timberland Knolls Acres neighborhood. Here is today’s list of the best values for New Market apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Courtwood Village I2 Bed/ 2 Bath Model G2BR,2BA$1.44
Rambush Estates2 Bed, 2 Bath2BR,2BA$1.55
Lakeville WoodsWillow A1BR,1BA$1.59
Old Town ApartmentsE - 2 Bed 1 Bath2BR,1BA$1.83
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1.58
Dundas Apartments2 bed, 1 bath2BR,1BA$1.78
Spero Senior Living1-Bedroom/1-Bath Apt1BR,1BA$1.84
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
Northfield EstatesCOMING SOON2BR,1BA$1.17
The Oaks of Lakeville1 BD / 1 BA1BR,1BA$1.53

Quick Rent Budget Calculator

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

Explore New Market, MN Rentals by Map

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Getting Around New Market, MN

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

23 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Southwind Village listed at $1,095.

How much is rent for a Cheap One Bedroom New Market Apartment?

The lowest price for a Cheap One Bedroom New Market Apartment is $1,146 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 $935 at Northfield Estates.

What is the most affordable New Market Three Bedroom Apartment?

The best deal on a cheap New Market Three Bedroom Apartment rental is at Dundas Apartments and starts from $1,900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.