Cheap Homes for Rent in Oak Park, MN from $1,200 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Oak Park.

property at 490 3rd St S

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 2 Bath Townhome for Rent

Available Now

490 3rd St S

Waite ParkMN56387
property at 723 5th Ave S

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

4 Bedroom, 2.5 Bath Home for Rent

Available Now

723 5th Ave S

St. CloudMN56301
property at 301 3rd St E

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

301 3rd St E

MonticelloMN55362
property at 140 Park St E

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695

Total Monthly Price
$1,695

3 Bedroom, 2 Bath Home for Rent

Available Now

140 Park St E

AnnandaleMN55302
property at 12654 Pond View Rd

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

3 Bedroom, 2 Bath Home for Rent

Available Now

12654 Pond View Rd

ZimmermanMN55398

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.

property at 12624 Pond View Rd

$1,849

Total Monthly Price

Total Monthly Price

Base Rent
$1,849

Total Monthly Price
$1,849

3 Bedroom, 2 Bath Townhome for Rent

Available Now

12624 Pond View Rd

ZimmermanMN55398
property at 9173 Orchard Ln

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

3 Bedroom, 2 Bath Home for Rent

Available Now

9173 Orchard Ln

MonticelloMN55362
property at 860 Independence Dr

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom Rentals

Available Now

860 Independence Dr

Big LakeMN55309
property at 22167 156th St NW

$1,899

Total Monthly Price

Total Monthly Price

Base Rent
$1,899

Total Monthly Price
$1,899

3 Bedroom, 1 Bath Home for Rent

Available Now

22167 156th St NW

Elk RiverMN55330
property at 127 Jerry Liefert Dr

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

127 Jerry Liefert Dr

MonticelloMN55362

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 5778 Spirit Hills Rd

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 2 Bath Townhome for Rent

Available Now

5778 Spirit Hills Rd

MonticelloMN55362

Oak Park, MN Local Guide

Cheapest Available Oak Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oak Park, MN is a Studio unit found at Columbia IHA in the Wilson neighborhood priced from $650. Village View in the Wilson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $844. Here is today’s list of the most affordable Oak Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Columbia IHAStudioStudio,1BA$650
Village View2 BR2BR,1BA$844
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$845
Kaiser East Apartments2 bed2BR,1BA$895
Woodhaven East ApartmentsTwo Bedroom + One Bathroom2BR,1BA$900

Best Value Apartments for Rent in Oak Park, MN and Nearby

As of May 26, 2026 the best value apartment in the Oak Park area is the $1.04 price per square foot 2 Bed/2 Bath Model at Autumn Woods Apartments in the in the Wilson neighborhood starting from $1,300. The second greatest value Oak Park apartment is the 2 Bedroom 2 Bathroom Model at Pine Pointe Apartments starting at $1,005 with a $0.85 price per square foot in the Lincoln School neighborhood. Here is today’s list of the best values for Oak Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Autumn Woods Apartments2 Bed/2 Bath2BR,2BA$1.04
Pine Pointe Apartments2 Bedroom 2 Bathroom2BR,2BA$0.85
Riverstone Apartments2 Bedroom 1 Bath2BR,1BA$0.92
Regency ParkB5R2BR,2BA$1.49
Cedar Square Apartments2 Bedroom D2BR,1BA$1.11
Woodhaven East ApartmentsTwo Bedroom + One Bathroom2BR,1BA$1.01
Oakshire Apartments2B/1B2BR,1BA$1.04
Oaks at BentonshireO 1X1 BASS1BR,1BA$1.10
Brookwood Apartments1 Bedroom 1 Bathroom1BR,1BA$0.99
Princeton Residential Suites1 Bedroom H & I 3/4 Bath1BR,1BA$1.60

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.

Read Article
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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 Oak Park

What type of rentals are currently available in Oak Park?

There are currently 34 Apartments for Rent in Oak Park, MN with pricing that ranges from $650 to $2,754. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oak Park ranging from $1,295 to $10,500.

What is the current price range for Rental Homes in Oak Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Oak Park ranges from $1,295 to $10,500 with an average monthly rent of $3,029.

How much are larger Three and Four Bedroom Rentals in Oak Park?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Oak Park range from $950 to $2,346, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $10,500. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,596.

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.