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$690 - $695
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowWhite House and Blair House
119 E Park DrGrygla, MN 56727
Cheap Apartments for Rent near Oak Island, MN from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Oak Island.
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$696 - $951
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowPrairie Rose
200 9th St SWRed Lake Falls, MN 56750
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Rent Specials
$730 - $800
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityWheatland Estates
106 Cottonwood Ave NThief River Falls, MN 56701
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$766 - $899
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowOakwood Homes
408 Washington Ave WKarlstad, MN 56732
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$803 - $1,051
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$803 - $1,051
Total Monthly Price
$803 - $1,051
Broadway Apartments
1500 N BroadwayCrookston, MN 56716
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.
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$808 - $1,080
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available Aug 1Fisher Townhomes
500 Thompson AveFisher, MN 56723
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$825
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Sep 1Parkwood Apartments
624 Kinney Ave NThief River Falls, MN 56701
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$850 - $2,475Studio to 4 Bedroom Apartments Available Now
Block V
2 N 3rd StGrand Forks, ND 58203
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$850 - $1,125
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowGreen Acres
1800 5th Ave NEEast Grand Forks, MN 56721
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$859
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$859
Total Monthly Price
$859
River Falls Estates
925 Alice DrThief River Falls, MN 56701
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.
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$864
Plus Fees
Studio Apartments Available Mar 12, 2027Icon Apartments
516 Grant St SEWarroad, MN 56763
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$866 - $992
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available Aug 1Crookston Townhomes
205 Johnson PlCrookston, MN 56716
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$870 - $948
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowHeritage Terrace Townhomes
512 Prairie AveWarren, MN 56762
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1 to 2 Bedroom Apartments
Pioneer Court A Ltd Ptshp
1602 Greenwood StThief River Falls, MN 56701
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1 Bedroom Apartments
Northwood Commons
212 2nd Ave SWBaudette, MN 56623
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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1 to 2 Bedroom Apartments
Condor Apartments - Section 8 community
400 Rajala Mill RdBigfork, MN 56628
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2 Bedroom Apartments
Country Acres Apartment
1918 Greenwood St EThief River Falls, MN 56701
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Oak Island, MN Local Guide
Wintry Picnic area by Nic McPhee is licensed under CC BY 2.0
How much does it cost to rent an apartment in Oak Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Oak Island Studio Apartments | $1,054 | $864 | $1,250 |
| Oak Island 1 Bedroom Apartments | $1,093 | $695 | $1,895 |
| Oak Island 2 Bedroom Apartments | $1,210 | $808 | $2,100 |
| Oak Island 3 Bedroom Apartments | $1,329 | $899 | $2,345 |
| Oak Island 4 Bedroom Apartments | $1,573 | $1,223 | $2,475 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Oak Island
See all Apartments in Oak IslandExplore Oak Island
Oak Island, MN Local Guide
- Nearby Cities
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Cheapest Available Oak Island Apartments for Rent and Nearby
The cheapest available apartment rental in Oak Island, MN is a 1 Bed unit found at White House and Blair House priced from $690. Wheatland Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $730. Here is today’s list of the most affordable Oak Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| White House and Blair House | Blair House Single Bedroom | 1BR,1BA | $690 |
| Wheatland Estates | None | 1BR,1BA | $730 |
| Oakwood Homes | 1B Apartment | 1BR,1BA | $773 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $803 |
| Prairie Rose | Two Bedroom Apartment | 2BR,1BA | $823 |
Best Value Apartments for Rent in Oak Island, MN and Nearby
As of July 08, 2026 the best value apartment in the Oak Island area is the $0.57 price per square foot 2 Bedroom 2 Bath Model at Agassiz Townhomes in the starting from $953. The second greatest value Oak Island apartment is the 3 bedroom Model at Heritage Terrace Townhomes starting at $948 with a $0.70 price per square foot . Here is today’s list of the best values for Oak Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Agassiz Townhomes | 2 Bedroom 2 Bath | 2BR,1.5BA | $0.57 |
| Heritage Terrace Townhomes | 3 bedroom | 3BR,1.5BA | $0.70 |
| Southwood Park Townhomes | Sherwood 2 bedroom | 2BR,1.5BA | $0.87 |
| Green Acres | STUDENT DISCOUNT! Fully renovated 2BR – Northla... | 2BR,1BA | $1.10 |
| Prairieland Duplexes | 3 bedroom Duplex | 3BR,1BA | $1.14 |
| Tamarack Place | 2 Bedroom | 2BR,1BA | $1.09 |
| Prairie Rose | Three Bedroom Apartment | 3BR,1BA | $1.08 |
| Oakwood Homes | 1B Apartment | 1BR,1BA | $1.03 |
| River Falls Estates | Unit 111 | 1BR,1BA | $1.19 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.15 |
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.
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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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Frequently Asked Questions about Cheap Oak Island Apartments
How much is rent for a Cheap One Bedroom Oak Island Apartment?
The lowest price for a Cheap One Bedroom Oak Island Apartment is $690 at White House and Blair House.
What is the lowest price for a Cheap Two Bedroom Oak Island Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oak Island is starting from $823 at Prairie Rose.
What is the most affordable Oak Island Three Bedroom Apartment?
The best deal on a cheap Oak Island Three Bedroom Apartment rental is at Heritage Terrace Townhomes and starts from $948.
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
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.
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.
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.
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.