
Cheap Apartments for Rent in Oak Island, MN from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in Oak Island.


Prairie Rose

Oakwood Homes
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.

Fisher Townhomes

Historic Wings LLC Apartments

Heritage Highlands

Parkwood Apartments

Heritage Terrace Townhomes

Icon Apartments

Crookston Townhomes

Summerfield Thief River Falls Townhomes
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.

Tamarack Place

Wheatland Estates

Broadway Apartments

101 Willow St

Condor Apartments - Section 8 community
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.

202 7th Ave S
Oak Island, MN Local Guide

How much does it cost to rent an apartment in Oak Island?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oak Island Studio Apartments | $969 | $775 | $1,200 |
Oak Island 1 Bedroom Apartments | $1,059 | $688 | $2,275 |
Oak Island 2 Bedroom Apartments | $1,187 | $713 | $1,995 |
Oak Island 3 Bedroom Apartments | $1,269 | $903 | $2,345 |
Oak Island 4 Bedroom Apartments | $1,341 | $1,165 | $1,675 |
Browse Top Apartments in Oak Island
See all Apartments in Oak IslandExplore Oak Island
Oak Island, MN Local Guide
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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 $680. Northwood Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $688. 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 | $680 |
Northwood Commons | 1 Bedroom | 1BR,1BA | $688 |
Prairie Rose | One Bedroom | 1BR,1BA | $696 |
Oakwood Homes | Townhomes | 2BR,1BA | $713 |
Condor Apartments - Section 8 community | 1 bed, 1 bath | 1BR,1BA | $780 |
Best Value Apartments for Rent in Oak Island, MN and Nearby
As of September 17, 2025 the best value apartment in the Oak Island area is the $0.65 price per square foot 3 Bedroom 1.5 Bath Model at Crookston Townhomes in the starting from $945. The second greatest value Oak Island apartment is the 3 bedroom Townhome Model at Fisher Townhomes starting at $1,013 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. |
---|---|---|---|
Crookston Townhomes | 3 Bedroom 1.5 Bath | 3BR,1.5BA | $0.65 |
Fisher Townhomes | 3 bedroom Townhome | 3BR,1.5BA | $0.70 |
Block V | 4BR/1BA | 4BR,1BA | $1.09 |
Heritage Highland II Townhomes | 3 bedroom | 3BR,1.5BA | $0.72 |
Summerfield Thief River Falls Townhomes | 2 Beds, 2 baths | 2BR,2BA | $1.02 |
Southwood Park Townhomes | Southwood 2 bedroom | 2BR,1.5BA | $0.97 |
River Falls Estates | Unit 311 | 1BR,1BA | $0.95 |
Oakwood Homes | Apartment | 1BR,1BA | $1.02 |
Prairie Rose | One Bedroom | 1BR,1BA | $1.21 |
Northwood Commons | 1 Bedroom | 1BR,1BA | $1.21 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Oak Island, MN
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 $680 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 $713 at Oakwood Homes.
What is the most affordable Oak Island Three Bedroom Apartment?
The best deal on a cheap Oak Island Three Bedroom Apartment rental is at Crookston Townhomes and starts from $945.
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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.