Cheap Homes for Rent in Olmsted County, MN from $700 (17 Rentals)

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

property at 1511 7th ave nw

1511 7th ave nw, Unit #1

1511 7th ave nw
RochesterMN55901
property at 4733 14th Ave NW

4733 14th Ave NW, Unit 4

4733 14th 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 2604 4th Ave NE

2604 4th Ave NE, Unit 5

2604 4th Ave NE
RochesterMN55906
property at 2011 Viking Dr NW

2011 Viking Dr NW, Unit 34

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

1419 8th Ave NW, Unit Upstairs

1419 8th Ave NW
RochesterMN55901
property at 111 8th Ave SE

111 8th Ave SE

RochesterMN55904
property at 2114 Valleyhigh Dr NW

2114 Valleyhigh Dr NW

RochesterMN55901

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 1107 5th Ave NW

1107 5th Ave NW

RochesterMN55901
property at 120 11th St NW

120 11th St NW

RochesterMN55901
property at 6450 37th Ave NW

6450 37th Ave NW

RochesterMN55901
property at 491 Pointe Ct SW

491 Pointe Ct SW

RochesterMN55902

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.

property at 1144 W Center St

1144 W Center St

RochesterMN55902
property at 10 8th St NE

10 8th St NE

RochesterMN55906

Cheapest Available Olmsted County Apartments for Rent

 

The cheapest available apartment rental in Olmsted County, MN is a Studio unit found at Zick Apartments in the Meadow Park neighborhood priced from $895. 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
Zick ApartmentsStudioStudio,1BA$895
Hillside ApartmentsStudioStudio,1BA$900
Heritage Manor ApartmentsDaisyStudio,1BA$930
Chester Estates2BR/1.0BA2BR,1BA$935
The Colby1bd/1ba1BR,1BA$950

Best Value Apartments for Rent in Olmsted County, MN

As of November 26, 2025 the best value apartment in the Olmsted County area is the $1.00 price per square foot 4 Beds, 2 baths Model at 1420 3rd Ave SW in the in the Meadow Park neighborhood starting from $2,100. The second greatest value Olmsted County apartment is the 3 BD/2.5 BA Townhome Model at The Brittany's Apartments and Townhomes starting at $1,950 with a $1.17 price per square foot in the Kutzky Park 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.
1420 3rd Ave SW4 Beds, 2 baths4BR,2BA$1.00
The Brittany's Apartments and Townhomes3 BD/2.5 BA Townhome3BR,2.5BA$1.17
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Crystal Bay TownhomesExcelsior3BR,2BA$1.26
The Gates of RochesterWindsor Townhouse3BR,1.5BA$1.22
Olympik Village ApartmentsApollo3BR,2BA$1.19
Green Arbor Commons2 Beds, 1 bath2BR,1BA$1.05
1309 3rd Ave SW, Unit 41309 3rd Ave SW2BR,1BA$1.15
2216 18 1/2 Ave NW, Unit 12216 18 1/2 Ave NW2BR,1BA$1.19
1602 45th St NW, Unit APT#41602 45th St NW2BR,1BA$1.16

Frequently Asked Questions about Olmsted County

What type of rentals are currently available in Olmsted County?

There are currently 293 Apartments for Rent in Olmsted County, MN with pricing that ranges from $650 to $4,640. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olmsted County ranging from $775 to $3,675.

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 $3,675 with an average monthly rent of $1,798.

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 $1,150 to $3,660, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,675. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,725.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.