Cheap Apartments for Rent in Olmsted County, MN from $400 (104 Rentals)

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Search the lowest-cost Apartments available for rent right now in Olmsted County.

property at 818 W Center St

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom, 1 Bath Home for Rent

Available Now

818 W Center St

RochesterMN55902
property at 125 2nd Ave NE

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

125 2nd Ave NE

StewartvilleMN55976
property at 320 5th St SE

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

320 5th St SE

RochesterMN55904
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101 Center E St, Unit 416
$900
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900
Studio Apartment Available Aug 1

101 Center E St, Unit 416

101 Center E StRochester, MN 55904
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The Graham
$925 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $995

Total Monthly Price
$925 - $995
Studio Apartments Available Now

The Graham

108 16th St SERochester, MN 55904
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  • Utilities Included
  • Smoke Free
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1600 Marion Rd SE, Unit 10
$925
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925
Studio Apartment Available Oct 1

1600 Marion Rd SE, Unit 10

1600 Marion Rd SERochester, MN 55904
Furnished
  • Smoke Free

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 212 7th St NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

212 7th St NW

RochesterMN55901
property at 504 E Center St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Aug 14

504 E Center St

RochesterMN55904
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Heritage Manor Apartments
Rent Specials
$955 - $1,230
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$890 - $1,165
Required Monthly Fees
$65

Total Monthly Price
$955 - $1,230
Studio to 2 Bedroom Apartments Available Now

Heritage Manor Apartments

2408 18 1/2 Ave NWRochester, MN 55901
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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301 6th St NW, Unit 3
$995
Total Monthly Price11 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995
2 Bedroom Apartment Available Aug 1

301 6th St NW, Unit 3

301 6th St NWRochester, MN 55901
Affordability
  • Smoke Free
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The Gates of Rochester
$999 - $1,539
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$940 - $1,480
Required Monthly Fees
$59

Total Monthly Price
$999 - $1,539
1 to 3 Bedroom Apartments Available Now

The Gates of Rochester

2015 41st St NWRochester, MN 55901
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Ida
$1,000 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,400

Total Monthly Price
$1,000 - $1,400
Studio to 1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
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  • Customer Reviewed
  • Utilities Included
property at 723 E Center St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

723 E Center St

RochesterMN55904
property at 226 11th St SE

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

226 11th St SE

RochesterMN55904

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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Essex Place
Rent Specials
$1,025 - $1,805
Total Monthly Price

Total Monthly Price

Base Rent
$945 - $1,725
Required Monthly Fees
$80

Total Monthly Price
$1,025 - $1,805
1 to 3 Bedroom Apartments Available Now

Essex Place

937 41st St NWRochester, MN 55901
Affordability
  • Verified
  • Customer Reviewed
  • Low Income
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9 Madison Ave NW, Unit 2
$1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
2 Bedroom Apartment Available Now

9 Madison Ave NW, Unit 2

9 Madison Ave NWEyota, MN 55934
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Winchester Apartments & Townhomes
$1,070 - $1,610
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,020 - $1,560
Required Monthly Fees
$50

Total Monthly Price
$1,070 - $1,610
1 to 3 Bedroom Apartments Available Jul 16

Winchester Apartments & Townhomes

3908 19th Ave NWRochester, MN 55901
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Meadow Park Apartments
Rent Specials
$1,075 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$995 - $1,320
Required Monthly Fees
$80

Total Monthly Price
$1,075 - $1,400
1 to 3 Bedroom Apartments Available Now

Meadow Park Apartments

412 14th St SERochester, MN 55904
Affordability
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property at 110 4th St NE

$1,077 - $1,437

Total Monthly Price

Total Monthly Price

Base Rent
$1,077

Total Monthly Price
$1,077

1 To 2 Bedroom Rentals

Available Now

110 4th St NE

StewartvilleMN55976
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Andrew Apartments
Rent Specials
$1,079 - $1,280
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,200
Required Monthly Fees
$80

Total Monthly Price
$1,079 - $1,280
1 Bedroom Apartments Available Now

Andrew Apartments

621 1st St SWRochester, MN 55902
Affordability
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Olympik Village Apartments
$1,085 - $1,415
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,005 - $1,335
Required Monthly Fees
$80

Total Monthly Price
$1,085 - $1,415
1 to 3 Bedroom Apartments Available Now

Olympik Village Apartments

402 31st StRochester, MN 55906
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Colby
Rent Specials
$1,095 - $1,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,015 - $1,045
Required Monthly Fees
$80

Total Monthly Price
$1,095 - $1,125
1 Bedroom Apartments Available Now

The Colby

1804-1806 Second St SWRochester, MN 55902
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour
property at 428 9th Ave SE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jul 6

428 9th Ave SE

RochesterMN55904
property at 1348 5th Ave SE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jul 10

1348 5th Ave SE

RochesterMN55904
property at 716 N Broadway Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

716 N Broadway Ave

RochesterMN55906

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.

property at 2414 30th Ave NW

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Aug 10

2414 30th Ave NW

RochesterMN55901
property at 23 8th St NW

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

3 Bedroom, 1 Bath Home for Rent

Available Oct 14

23 8th St NW

RochesterMN55901
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864 9th Ave SE
$1,195 - $1,695
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,195 - $1,695

Total Monthly Price
$1,195 - $1,695
1 to 2 Bedroom Apartment Available Jul 1

864 9th Ave SE

864 9th Ave SERochester, MN 55904
Affordability
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1358 10th Ave SE, Unit 3
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
2 Bedroom Apartment Available Now

1358 10th Ave SE, Unit 3

1358 10th Ave SERochester, MN 55904
Affordability
  • Smoke Free
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836 11th St SW, Unit #2
$1,200
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200
1 Bedroom Apartment Available Now

836 11th St SW, Unit #2

836 11th St SWRochester, MN 55902
Affordability
  • Smoke Free
property at 2426 30th Ave NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom Rentals

Available Now

2426 30th Ave NW

RochesterMN55901

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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 ListingModel NameBed/BathPriced From
105 Main St S1-bedroom1BR,1BA$675
Hillside ApartmentsStudioStudio,1BA$900
Flats at Uptown1BR/1.0BA1BR,1BA$950
Heritage Manor ApartmentsDaisyStudio,1BA$955
Forte Living of Rochester: 55+ Community!Forte II- Blue JayStudio,1BA$1,001
Essex PlaceOne Bedroom - Finch1BR,1BA$1,025
Andrew Apartments1BR/1BA1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Brittany's Apartments and Townhomes3 BD/ 1.5BA2BR,1.5BA$1.11
Harvestview Place II3 Bedroom3BR,2BA$1.09
River Glen3 x 23BR,2BA$1.19
The Quarters4 Bedroom A4BR,2BA$1.27
Dakota TownhomesThree Bedroom3BR,1.5BA$1.25
Bella Grove2/22BR,2BA$1.02
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1.25
2210 18 1/2 Ave NW2210 18 1/2 Ave NW2BR,1BA$1.06
2520 28th St SE, Unit 22520 28th St SE2BR,1BA$1.27
105 Main St S1-bedroom1BR,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.

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