1223 2nd St NE
RochesterMN55906
Cheap Homes for Rent in Olmsted County, MN from $700 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Olmsted County.
1931 Viking Dr NW, Unit Apt 24
1931 Viking Dr NW
RochesterMN55901
28 6th Ave SE
RochesterMN55904
2604 4th Ave NE
RochesterMN55906
2120 Valleyhigh Dr NW, Unit C108
2120 Valleyhigh Dr NW
RochesterMN55901
3607 10th Ln NW
RochesterMN55901
2106 Valleyhigh Dr NW, Unit 208
2106 Valleyhigh Dr NW
RochesterMN55901
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.
4904 Opal Ln NW
RochesterMN55901
1513 2nd St NE
RochesterMN55906
410 6th Ave SW
RochesterMN55902
2120 Valleyhigh Dr NW
RochesterMN55901
1872 Deerhaven Ln NE
RochesterMN55906
2094 11th Ave SE
RochesterMN55904
819 6th Ave SE
RochesterMN55904
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.
Showing Results 1-14, Page 1 of 1
Olmsted County, MN Local Guide
Winter Road by Derek Bakken is licensed under CC BY 2.0
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 | $1,638 | $1,060 | $2,650 |
| Olmsted County 3 Bedroom Homes for Rent | $2,085 | $1,449 | $3,000 |
| Olmsted County 4 Bedroom Homes for Rent | $2,654 | $1,100 | $4,900 |
| Olmsted County 5 Bedroom Homes for Rent | $3,017 | $2,550 | $3,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Flats at Uptown | 1BR/1.0BA | 1BR,1BA | $950 |
| Heritage Manor Apartments | Lily | Studio,1BA | $985 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $999 |
Best Value Apartments for Rent in Olmsted County, MN
As of June 19, 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 4 Bedroom A Model at The Quarters starting at $1,575 with a $1.27 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/ 1.5BA | 2BR,1.5BA | $1.11 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $1.27 |
| Dakota Townhomes | Three Bedroom | 3BR,1.5BA | $1.25 |
| Georgetowne Homes | 2 Bedroom Income Restricted | 2BR,2BA | $1.28 |
| 2210 18 1/2 Ave NW | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
| 2520 28th St SE, Unit 2 | 2520 28th St SE | 2BR,1BA | $1.27 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.34 |
| 9 Madison Ave NW, Unit 2 | 9 Madison Ave NW | 2BR,1BA | $1.31 |
| 504 7th St SW, Unit 3 | 504 7th St SW | Studio ,1BA | $1.32 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.23 |
Frequently Asked Questions about Olmsted County
What type of rentals are currently available in Olmsted County?
There are currently 320 Apartments for Rent in Olmsted County, MN with pricing that ranges from $450 to $4,348. There are also 115 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olmsted County ranging from $700 to $4,900.
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 $700 to $4,900 with an average monthly rent of $2,086.
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 $1,100 to $4,229, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,449 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,100 and Four Bedroom Apartments start at $1,575.
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
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.