
Cheap Apartments for Rent in Olmsted County, MN from $400 (102 Rentals)
Search the lowest-cost Apartments available for rent right now in Olmsted County.


504 E Center St

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101 Center E St, Unit 416

Eastwood Manor Apartments

Lobb Field Apartments

Zick Apartments

125 2nd Ave NE

223 8th Ave SE

19 12th St NW

Hillside Apartments
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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915 4th St SE, Unit 2

Meadow Park Apartments

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1600 Marion Rd SE, Unit 10

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1309 3rd Ave SW, Unit 3

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2216 18 1/2 Ave NW, Unit 1

1017 21st St SE

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2210 18 1/2 Ave NW, Unit 4

2nd St Flats

Homestead Village Townhomes

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The Gates of Rochester
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.

Essex Place

453 13th Ave NW

The Beacon

2414 30th Ave NW

Forte Living of Rochester: 55+ Community!

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Heritage Manor Apartments

Berkshire Village

Rochester Heights

Green Arbor Commons

423 4th Ave SE
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Olympik Village Apartments

110 4th St NE

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Civic Square Apartments

Cottages of Stewartville

EastGate Apartments

Bryk on Broadway

Bella Grove

Med City Apartments

515 6th St NW

Technology Park
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Kodiak Apartments

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The Ida

Eastwood Ridge

The Manor at Med City

Northern Valley Apartments

5th on 5th Apartments

VALLEY VIEW ESTATES

Silver Lake Crossing

The Gryff Apartments

Bear Path Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,455 | $430 | $2,000 |
| Olmsted County 1 Bedroom Apartments | $1,644 | $800 | $2,705 |
| Olmsted County 2 Bedroom Apartments | $1,989 | $895 | $4,000 |
| Olmsted County 3 Bedroom Apartments | $2,226 | $1,050 | $3,875 |
| Olmsted County 4 Bedroom Apartments | $3,989 | $3,773 | $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 Studio unit found at The Graham in the Meadow Park neighborhood priced from $775. Eastwood Manor Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Olmsted County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $775 |
| Eastwood Manor Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Lobb Field Apartments | 1BR/1.0BA | 1BR,1BA | $875 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $925 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $950 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $975 |
Best Value Apartments for Rent in Olmsted County, MN
As of February 08, 2026 the best value apartment in the Olmsted County area is the $1.14 price per square foot 3 BD/1.5 BA Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,900. The second greatest value Olmsted County apartment is the 2BR Model at Broadway Plaza - Mayo Clinic starting at $1,700 with a $1.07 price per square foot in the Meadow Park 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/1.5 BA | 3BR,1.5BA | $1.14 |
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| 1225 8th Ave NW, Unit 1 | 1225 8th Ave NW | 3BR,1BA | $1.15 |
| Georgetowne Homes | 2 Bedroom | 2BR,2BA | $1.13 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.24 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.23 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.18 |
| 2216 18 1/2 Ave NW, Unit 1 | 2216 18 1/2 Ave NW | 2BR,1BA | $1.19 |
| 1309 3rd Ave SW, Unit 3 | 1309 3rd Ave SW | 2BR,1BA | $1.18 |
| Eastwood Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.21 |
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 $975.
What is the price of a cheap apartment in Olmsted County?
The cheapest apartment in Olmsted County is Eastwood Manor Apartments which is listed at $850, while the average apartment in Olmsted County costs $4,348.
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 50 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 $280 which is $4,068 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.