Cheap Homes for Rent in New Market, MN from $1,400 (8 Rentals)

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

property at 515 Elm St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio, 1 Bath Home for Rent

Available Now

515 Elm St

FarmingtonMN55024
property at 20660 Holyoke Ave

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

20660 Holyoke Ave

LakevilleMN55044
property at 501 1st St W

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Jan 2, 2026

501 1st St W

NorthfieldMN55057
property at 12655 Garner Way

$1,550

Total Monthly Price

Total Monthly Price

Base Rent
$1,550

Total Monthly Price
$1,550

2 Bedroom, 2 Bath Home for Rent

Available Now

12655 Garner Way

St. PaulMN55124

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 20505 Erin Ct

$1,725

Total Monthly Price

Total Monthly Price

Base Rent
$1,725

Total Monthly Price
$1,725

2 Bedroom, 1.25 Bath Townhome for Rent

Available Jan 10, 2026

20505 Erin Ct

FarmingtonMN55024
property at 325 Brutus Dr

$1,779

Total Monthly Price

Total Monthly Price

Base Rent
$1,779

Total Monthly Price
$1,779

3 Bedroom, 2 Bath Home for Rent

Available Now

325 Brutus Dr

LakevilleMN55044
property at 15711 Fjord Ave

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

2 Bedroom, 1.5 Bath Townhome for Rent

Available Feb 1, 2026

15711 Fjord Ave

Apple ValleyMN55124
property at 5458 Egan Dr

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 2 Bath Townhome for Rent

Available Jan 1, 2026

5458 Egan Dr

SavageMN55378

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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. Kraewood Flats - Rent Special in the Wood Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,131. Here is today’s list of the most affordable New Market apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northfield EstatesCOMING SOON2BR,1BA$935
Kraewood Flats - Rent SpecialCherry- Studio AffordableStudio,1BA$1,131
Centennial & Heritage Apartments1 bedroom1BR,1BA$1,150

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

As of December 25, 2025 the best value apartment in the New Market area is the $1.77 price per square foot LAMARR II (ACC) Model at The Edison at Avonlea in the in the Donnelly Farm neighborhood starting from $1,945. The second greatest value New Market apartment is the Willow A Model at Lakeville Woods starting at $1,711 with a $1.62 price per square foot in the Donnelly Farm 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.
The Edison at AvonleaLAMARR II (ACC)2BR,2BA$1.77
Lakeville WoodsWillow A1BR,1BA$1.62
Creekside Commons Apartments2BR/1.0BA2BR,1BA$1.66
Kestrel Village Apartments2 bed 1 bath2BR,1BA$1.53
Lakeville CourtTwo Bedroom Flat2BR,1BA$1.78
Dundas Apartments2 bed, 1 bath2BR,1BA$1.78
The Village at Five Hawks2BR/1.0BA2BR,1BA$1.71
Centennial & Heritage Apartments1 bedroom1BR,1BA$1.41
Northfield EstatesCOMING SOON2BR,1BA$1.17
Old Town ApartmentsB - 1 Bed 1 Bath1BR,1BA$1.78

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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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!

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Frequently Asked Questions about New Market

What type of rentals are currently available in New Market?

There are currently 39 Apartments for Rent in New Market, MN with pricing that ranges from $831 to $3,132. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Market ranging from $1,400 to $4,900.

What is the current price range for Rental Homes in New Market?

Today's rental pricing for Homes for Rent, Condos and Townhomes in New Market ranges from $1,400 to $4,900 with an average monthly rent of $2,732.

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

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!