
Cheap Apartments for Rent in New Market, MN from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in New Market.


Northfield Estates

Philipp Square Senior Apartments 55+

Southwind Village

Kraewood Flats
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.

Brooksville

Centennial & Heritage Apartments
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.

The Oaks of Lakeville

Liberty Park Apartments Senior Community-62+

501 1st St W

18 Walnut St
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 | $1,424 | $1,095 | $2,134 |
New Market 1 Bedroom Apartments | $1,585 | $631 | $2,356 |
New Market 2 Bedroom Apartments | $2,039 | $935 | $3,435 |
New Market 3 Bedroom Apartments | $2,509 | $1,250 | $4,798 |
Browse Top Apartments in New Market
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New Market, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Northfield Estates | COMING SOON | 2BR,1BA | $935 |
Southwind Village | S1 | Studio,1BA | $1,095 |
Kraewood Flats | Cherry- Studio Affordable | Studio,1BA | $1,131 |
Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1,150 |
The Oaks of Lakeville | 1 BD / 1 BA | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Courtwood Village I | 2 Bed/ 2 Bath Model G | 2BR,2BA | $1.44 |
Rambush Estates | 2 Bed, 2 Bath | 2BR,2BA | $1.55 |
Lakeville Woods | Willow A | 1BR,1BA | $1.59 |
Old Town Apartments | E - 2 Bed 1 Bath | 2BR,1BA | $1.83 |
Kestrel Village Apartments | 2 bed 1 bath | 2BR,1BA | $1.58 |
Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
Spero Senior Living | 1-Bedroom/1-Bath Apt | 1BR,1BA | $1.84 |
Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
Northfield Estates | COMING SOON | 2BR,1BA | $1.17 |
The Oaks of Lakeville | 1 BD / 1 BA | 1BR,1BA | $1.53 |
Quick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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.

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.

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.

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.

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.