
Cheap Homes for Rent in Olmsted County, MN from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Olmsted County.


28 6th Ave SE

2120 Valleyhigh Dr NW, Unit C202, Unit C202

2120 Valleyhigh Dr NW

1803 Daniel Ln NE

366 Elton Hills Dr NW

3117 15th Ave NW
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.

2094 11th Ave SE

2247 Valleyhigh Dr NW

2959 Monroe Dr NW

1732 2nd Ave SE

2028 Mockingbird Pl NW

524 10th St SE

3411 18th Ave NW, Unit 3411, Unit 3411
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 a home in Olmsted County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Olmsted County 2 Bedroom Homes for Rent | $1,687 | $1,150 | $2,395 |
| Olmsted County 3 Bedroom Homes for Rent | $2,257 | $1,459 | $3,675 |
| Olmsted County 4 Bedroom Homes for Rent | $2,754 | $1,725 | $4,900 |
| Olmsted County 5 Bedroom Homes for Rent | $3,939 | $2,800 | $5,000 |
Browse Homes for Rent in Olmsted County
Explore 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. Zick Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. 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 |
| Zick Apartments | 1BR Basement | 1BR,1BA | $895 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $920 |
| Chester Estates | 2 Bed | 2BR,1BA | $955 |
Best Value Apartments for Rent in Olmsted County, MN
As of May 05, 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 Georgetowne Homes starting at $1,620 with a $1.19 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 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.19 |
| Essex Place | Three Bedroom - Falcon | 3BR,2BA | $1.42 |
| River Glen | 2 Bedroom | 2BR,2BA | $1.31 |
| The Gates of Rochester | Bristol Townhouse | 2BR,1.5BA | $1.20 |
| 1st Avenue Flats | 2 Bedroom | 2BR,2BA | $1.28 |
| Jordan Creek and Mills | Zumbro | 2BR,1BA | $1.37 |
| 2216 18 1/2 Ave NW, Unit 4 | 2216 18 1/2 Ave NW | 2BR,1BA | $1.00 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Zick Apartments | 1BR Basement | 1BR,1BA | $1.43 |
Frequently Asked Questions about Olmsted County
What type of rentals are currently available in Olmsted County?
There are currently 312 Apartments for Rent in Olmsted County, MN with pricing that ranges from $760 to $7,270. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olmsted County ranging from $650 to $5,000.
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 $650 to $5,000 with an average monthly rent of $2,324.
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 $1,020 to $5,388, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,459 to $3,675. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $1,950.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.