Cheap Homes for Rent near Odessa, MN from $400 (9 Rentals)

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

property at 500 1st Ave S

$460

Total Monthly Price

Total Monthly Price

Base Rent
$460

Total Monthly Price
$460

1 Bedroom, 1 Bath Home for Rent

Available Now

500 1st Ave S

FairmountND58030
property at 262 2nd St SW

$490

Total Monthly Price

Total Monthly Price

Base Rent
$490

Total Monthly Price
$490

1 Bedroom, 1 Bath Home for Rent

Available Now

262 2nd St SW

FormanND58032
property at 511 Main Ave N

$580

Total Monthly Price

Total Monthly Price

Base Rent
$580

Total Monthly Price
$580

2 Bedroom, 1 Bath Home for Rent

Available Now

511 Main Ave N

HankinsonND58041

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 516 Ann St SE

$750

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Townhome for Rent

Available Now

516 Ann St SE, Unit 1

516 Ann St SE
WillmarMN56201
property at 404 16th Ave SW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

404 16th Ave SW

WillmarMN56201

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 17 3rd Ave NE

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

3 Bedroom, 1 Bath Home for Rent

Available Now

17 3rd Ave NE

Elbow LakeMN56531

Odessa, MN Local Guide

Cheapest Available Odessa Apartments for Rent and Nearby

 

The cheapest available apartment rental in Odessa, MN is a 1 Bed unit found at Mary's Heights Apartments priced from $455. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Odessa apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mary's Heights Apartments1 Bed, 1 bath1BR,1BA$455
North Valley ApartmentsEfficiencyStudio,1BA$700
Suite Liv'N - WillmarStudio 1 BathStudio,1BA$745

Best Value Apartments for Rent in Odessa, MN and Nearby

As of July 22, 2026 the best value apartment in the Odessa area is the $0.85 price per square foot Two Bedroom, Handicap Model at Paris Park Townhomes in the in the Downtown Marshall neighborhood starting from $1,180. The second greatest value Odessa apartment is the 3 Beds, 2 baths Model at Mary's Heights Apartments starting at $800 with a $0.60 price per square foot . Here is today’s list of the best values for Odessa apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paris Park TownhomesTwo Bedroom, Handicap2BR,1.5BA$0.85
Mary's Heights Apartments3 Beds, 2 baths3BR,2BA$0.60
Valleyside Townhomes2BR/1.5 Bath2BR,1.5BA$0.96
Lakewood Terrace-37072 Bedrooms, 2 full, 1141 sqft, 3709 South Broad...2BR,2BA$1.30
Wilkeshire ApartmentsKent1BR,1BA$1.12
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
Westfield Apartments1 Bed 1 Bath Bld 31BR,1BA$1.49
Generations on 1st1BR/1.0BA1BR,1BA$1.46
Westfield Apartments1 bedroom1BR,1BA$1.23
Eastside Acres1 Bed, 1 bath1BR,1BA$1.52

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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Odessa

What type of rentals are currently available in Odessa?

There are currently 66 Apartments for Rent in Odessa, MN with pricing that ranges from $455 to $2,440. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Odessa ranging from $460 to $3,800.

What is the current price range for Rental Homes in Odessa?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Odessa ranges from $460 to $3,800 with an average monthly rent of $1,710.

How much are larger Three and Four Bedroom Rentals in Odessa?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Odessa range from $800 to $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $975 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,350.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.