Cheap Homes for Rent in Olmsted County, MN from $700 (25 Rentals)

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

property at 2120 Valleyhigh Dr NW

2120 Valleyhigh Dr NW

RochesterMN55901
property at 2604 4th Ave NE

2604 4th Ave NE, Unit 2

2604 4th Ave NE
RochesterMN55906
property at 4424 14th Ave NW

4424 14th Ave NW

RochesterMN55901

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.

property at 4733 14th Ave NW

4733 14th Ave NW, Unit 4

4733 14th Ave NW
RochesterMN55901
property at 1419 8th Ave NW

1419 8th Ave NW, Unit Upstairs

1419 8th Ave NW
RochesterMN55901
property at 2011 Viking Dr NW

2011 Viking Dr NW, Unit 34

2011 Viking Dr NW
RochesterMN55901
property at 111 8th Ave SE

111 8th Ave SE

RochesterMN55904
property at 1107 5th Ave NW

1107 5th Ave NW

RochesterMN55901

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.

property at 535 19th St NW

535 19th St NW

RochesterMN55901
property at 22 7th St NW

22 7th St NW, Unit Upper

22 7th St NW
RochesterMN55901
property at 410 6th Ave SW

410 6th Ave SW, Unit C3

410 6th Ave SW
RochesterMN55902
property at 215 Elton Hills Dr NW

215 Elton Hills Dr NW, Unit 6

215 Elton Hills Dr NW
RochesterMN55901
property at 1910 Center St W

1910 Center St W

RochesterMN55902
property at 1929 3rd Ave NE

1929 3rd Ave NE, Unit #1

1929 3rd Ave NE
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 2114 Valleyhigh Dr NW

2114 Valleyhigh Dr NW

RochesterMN55901
property at 491 Pointe Ct SW

491 Pointe Ct SW

RochesterMN55902
property at 1821 Daniel Ln NE

1821 Daniel Ln NE

StewartvilleMN55976
property at 2012 11th Ave SE

2012 11th Ave SE, Unit D

2012 11th Ave SE
RochesterMN55904

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

property at 3411 18th Ave NW

3411 18th Ave NW, Unit 3411

3411 18th Ave NW
RochesterMN55901

Cheapest Available Olmsted County Apartments for Rent

 

The cheapest available apartment rental in Olmsted County, MN is a 1 Bed unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $795. Zick Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here is today’s list of the most affordable Olmsted County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - RochesterFull Studio1BR,1BA$795
Zick ApartmentsStudioStudio,1BA$820
2nd St Flats1BR/1.0BA1BR,1BA$825
Eastwood Manors1BR/1.0BA1BR,1BA$825
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$850

Best Value Apartments for Rent in Olmsted County, MN

As of October 12, 2025 the best value apartment in the Olmsted County area is the $1.12 price per square foot 4 Beds, 2 baths Model at 1420 3rd Ave SW in the in the Meadow Park neighborhood starting from $2,350. The second greatest value Olmsted County apartment is the 3 Bedroom Model at Stone Haven Townhomes starting at $2,145 with a $1.23 price per square foot . 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.
1420 3rd Ave SW4 Beds, 2 baths4BR,2BA$1.12
Stone Haven Townhomes3 Bedroom3BR,2.5BA$1.23
The Brittany's Apartments and Townhomes3 BD/1.5 BA3BR,1.5BA$1.14
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Olympik Village ApartmentsApollo3BR,2BA$1.19
Green Arbor Commons2 Beds, 1 bath2BR,1BA$1.05
Colonial Apartments2BR/1.5BA2BR,1.5BA$0.99
1309 3rd Ave SW, Unit 41309 3rd Ave SW2BR,1BA$1.15
1712 45th St NW, Unit # 31712 45th St NW2BR,1BA$1.19
Eastwood Manors1BR/1.0BA1BR,1BA$1.18

Frequently Asked Questions about Olmsted County

What type of rentals are currently available in Olmsted County?

There are currently 294 Apartments for Rent in Olmsted County, MN with pricing that ranges from $750 to $4,640. There are also 88 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olmsted County ranging from $775 to $3,350.

What is the current price range for Rental Homes in Olmsted County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Olmsted County ranges from $775 to $3,350 with an average monthly rent of $1,740.

How much are larger Three and Four Bedroom Rentals in Olmsted County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Olmsted County range from $995 to $4,080, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,529 to $2,550. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.