
Cheap Apartments for Rent in Olmsted County, MN from $400 (104 Rentals)
Search the lowest-cost Apartments available for rent right now in Olmsted County.


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504 7th St SW, Unit 3

818 W Center St

125 2nd Ave NE

320 5th St SE

Hillside Apartments

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101 Center E St, Unit 416

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The Graham

Eastwood Manor

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1600 Marion Rd SE, Unit 10
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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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2210 18 1/2 Ave NW

212 7th St NW

504 E Center St

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Heritage Manor Apartments

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301 6th St NW, Unit 3

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The Gates of Rochester

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The Ida

723 E Center St

226 11th St SE

Forte Living of Rochester: 55+ Community!
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.

Bella Grove

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Essex Place

River Glen

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9 Madison Ave NW, Unit 2

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Winchester Apartments & Townhomes

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Meadow Park Apartments

110 4th St NE

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Andrew Apartments

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Olympik Village Apartments

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Civic Square Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Cottages of Stewartville

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The Colby

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812 1st St NW, Unit 2

428 9th Ave SE

Rochester Heights

1348 5th Ave SE

716 N Broadway Ave

Technology Park

Homestead Village Townhomes

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2520 28th St SE, Unit 2
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2414 30th Ave NW

23 8th St NW

EastGate Apartments

Bryk on Broadway

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864 9th Ave SE

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1358 10th Ave SE, Unit 3

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836 11th St SW, Unit #2

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Kodiak Apartments

2426 30th Ave NW

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Med City Apartments
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Olmsted County, MN Local Guide

How much does it cost to rent an apartment in Olmsted County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olmsted County Studio Apartments | $1,436 | $450 | $1,945 |
| Olmsted County 1 Bedroom Apartments | $1,654 | $850 | $2,705 |
| Olmsted County 2 Bedroom Apartments | $2,009 | $900 | $3,695 |
| Olmsted County 3 Bedroom Apartments | $2,192 | $1,100 | $3,887 |
| Olmsted County 4 Bedroom Apartments | $2,551 | $1,575 | $4,168 |
Browse Apartments in Olmsted County
See all Apartments in OlmstedExplore Olmsted County
Cheapest Available Olmsted County Apartments for Rent
 The cheapest available apartment rental in Olmsted County, MN is a 1 Bed unit found at 105 Main St S priced from $675. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Olmsted County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Flats at Uptown | 1BR/1.0BA | 1BR,1BA | $950 |
| Heritage Manor Apartments | Daisy | Studio,1BA | $955 |
| Forte Living of Rochester: 55+ Community! | Forte II- Blue Jay | Studio,1BA | $1,001 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $1,025 |
| Andrew Apartments | 1BR/1BA | 1BR,1BA | $1,079 |
Best Value Apartments for Rent in Olmsted County, MN
As of June 24, 2026 the best value apartment in the Olmsted County area is the $1.11 price per square foot 3 BD/ 1.5BA Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,850. The second greatest value Olmsted County apartment is the 3 Bedroom Model at Harvestview Place II starting at $1,569 with a $1.09 price per square foot in the Northwest Rochester neighborhood. Here is today’s list of the best values for Olmsted County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Brittany's Apartments and Townhomes | 3 BD/ 1.5BA | 2BR,1.5BA | $1.11 |
| Harvestview Place II | 3 Bedroom | 3BR,2BA | $1.09 |
| River Glen | 3 x 2 | 3BR,2BA | $1.19 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $1.27 |
| Dakota Townhomes | Three Bedroom | 3BR,1.5BA | $1.25 |
| Bella Grove | 2/2 | 2BR,2BA | $1.02 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| 2210 18 1/2 Ave NW | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
| 2520 28th St SE, Unit 2 | 2520 28th St SE | 2BR,1BA | $1.27 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.23 |
Frequently Asked Questions about Cheap Olmsted County Apartments
What is the Cheapest Studio apartment in Olmsted County?
Currently the most affordable Cheap Studio Apartment in Olmsted County is at Hillside Apartments listed at $900.
How much is rent for a Cheap One Bedroom Olmsted County Apartment?
The lowest price for a Cheap One Bedroom Olmsted County Apartment is $675 at 105 Main St S.
What is the lowest price for a Cheap Two Bedroom Olmsted County Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Olmsted County is starting from $1,075 at Heritage Manor Apartments.
What is the most affordable Olmsted County Three Bedroom Apartment?
The best deal on a cheap Olmsted County Three Bedroom Apartment rental is at Essex Place and starts from $1,250.
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

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.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.