
Cheap Apartments for Rent in Olmsted County, MN from $675 (154 Rentals)
Search the lowest-cost Apartments available for rent right now in Olmsted County.


Total Monthly Price
Hillside Apartments

Total Monthly Price
101 Center E St, Unit 313

Total Monthly Price
The Graham

Total Monthly Price
1600 Marion Rd SE, Unit 10

Total Monthly Price
Sutton Place

Total Monthly Price
Zick Apartments

Total Monthly Price
Essex Place

Total Monthly Price
The Gates of Rochester

Total Monthly Price
2210 18 1/2 Ave NW, Unit 1
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.

313 7th Ave SE

Total Monthly Price
Heritage Manor Apartments

Total Monthly Price
Furlow Apartments

Total Monthly Price
Olympik Village Apartments

Total Monthly Price
The Colby

Total Monthly Price
Winchester Apartments & Townhomes

Total Monthly Price
Meadow Park Apartments

Total Monthly Price
Forte Living of Rochester: 55+ Community!

Total Monthly Price
Civic Square Apartments

Total Monthly Price
Cottages of Stewartville
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.

Total Monthly Price
Rochester Heights

Total Monthly Price
River Glen

322 6th St SE

1846 37th St NW

Total Monthly Price
Homestead Village Townhomes

Total Monthly Price
Technology Park

Total Monthly Price
Bella Grove

Total Monthly Price
George Apartments

Total Monthly Price
Andrew Apartments

2414 30th Ave NW
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.

Total Monthly Price
Bryk on Broadway

Total Monthly Price
325 Broadway Ave S, Unit 2

Total Monthly Price
West Willow

Total Monthly Price
EastGate Apartments

Total Monthly Price
Kodiak Apartments

Total Monthly Price
The Ida

2601 55th St NW

Total Monthly Price
Med City Apartments

2016-8 1/2 8 1/2 St SE

Total Monthly Price
Silver Lake Crossing
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.

Total Monthly Price
Bear Path Apartments

519 E Center St

Total Monthly Price
1115 9 1/2 Ave SE, Unit 2

Total Monthly Price
1238 Center St W, Unit #3

Total Monthly Price
5th on 5th Apartments

Total Monthly Price
Residence at Discovery Square

Total Monthly Price
STEWARTVILLE FLATS

Total Monthly Price
Valley View Estates

Total Monthly Price
The HUE

Total Monthly Price
Dakota Townhomes
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.
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 | $1,427 | $900 | $1,975 |
| Olmsted County 1 Bedroom Apartments | $1,610 | $925 | $2,705 |
| Olmsted County 2 Bedroom Apartments | $1,948 | $950 | $4,259 |
| Olmsted County 3 Bedroom Apartments | $2,064 | $1,170 | $4,325 |
| Olmsted County 4 Bedroom Apartments | $2,444 | $1,395 | $4,218 |
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. 857 1st St SW in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $700. 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 |
| 857 1st St SW | 0BR/1.0BA | Studio, 1BA | $700 |
| 512 3rd Ave SW | 0BR/1.0BA | Studio, 1BA | $775 |
| The Graham | Studio w/ Utilities & Wifi Included | Studio, 1BA | $925 |
| Sutton Place | 1 bed 1 bath | 1BR, 1BA | $925 |
| Heritage Manor Apartments | Marigold | 1BR, 1BA | $980 |
| Furlow Apartments | One Bed | 1BR, 1BA | $995 |
| Olympik Village Apartments | Zeus | 1BR, 1BA | $1,010 |
Best Value Apartments for Rent in Olmsted County, MN
As of September 23, 2026 the best value apartment in the Olmsted County area is the $1.22 price per square foot 2 Bedroom (ADA) Model at Stone Haven Townhomes starting from $1,970. The second greatest value Olmsted County apartment is the 2416 5th St SW Model at 2416 5th St SW, Unit B in the Historic Southwest neighborhood starting at $1,845 with a $1.15 price per square foot. 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. |
|---|---|---|---|
| Stone Haven Townhomes | 2 Bedroom (ADA) | 2BR, 2BA | $1.22 |
| 2416 5th St SW, Unit B | 2416 5th St SW | 3BR, 2BA | $1.15 |
| River Glen | 3 x 2 | 3BR, 2BA | $1.23 |
| 864 9th Ave SE | 864 9th Ave SE | 2BR, 1BA | $1.07 |
| The Quarters | 4 Bedroom A | 4BR, 2BA | $1.13 |
| Harvestview Place II | 3 Bedroom | 3BR, 2BA | $1.25 |
| Georgetowne Homes | 2 Bedroom | 2BR, 2BA | $1.21 |
| Wazuweeta Woods | Three Bedroom | 3BR, 3BA | $1.11 |
| Winchester Apartments & Townhomes | Wilson | 2BR, 1BA | $1.21 |
| 2210 18 1/2 Ave NW, Unit 1 | 2210 18 1/2 Ave NW | 2BR, 1BA | $1.06 |
Frequently Asked Questions about Cheap Olmsted County Apartments
What is a cheap apartment in Olmsted County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olmsted County is under $1,010.
What is the price of a cheap apartment in Olmsted County?
The cheapest apartment in Olmsted County is 105 Main St S which is listed at $675, while the average apartment in Olmsted County costs $1,650.
What types of apartments are the cheapest in Olmsted County?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 76 regular apartments in Olmsted County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Olmsted County?
Cheap apartments in Olmsted County have an average cost of $388 which is $1,262 cheaper than the average rent for all rentals in Olmsted County.
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

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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.