
Cheap Homes for Rent in Olmsted County, MN from $900 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Olmsted County.


28 6th Ave SE

1872 Deerhaven Ln NE

1807 Greenfield Ln SW, Unit 1

2120 Valleyhigh Dr NW

2312 Valleyhigh Dr NW
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2094 11th Ave SE

32 11th St NW

1917 Deerhaven Ln NE, Unit Apt 19

410 6th Ave SW, Unit M5

220 Broadway Ave S

1910 Center St W
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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101 8th Ave SE

5916 Sandcherry Pl NW

1929 3rd Ave NE, Unit #2

2104 Cardinal Ln NW

366 Elton Hills Dr NW, Unit 15

5109 Weatherstone Dr NW
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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 | $1,596 | $995 | $2,395 |
| Olmsted County 3 Bedroom Homes for Rent | $2,131 | $1,575 | $3,200 |
| Olmsted County 4 Bedroom Homes for Rent | $2,573 | $1,800 | $4,400 |
| Olmsted County 5 Bedroom Homes for Rent | $2,889 | $2,600 | $3,350 |
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Cheapest Available Olmsted County Apartments for Rent
 The cheapest available apartment rental in Olmsted County, MN is a Studio unit found at Hillside Apartments in the Meadow Park neighborhood priced from $900. Sutton Place in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Olmsted County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $925 |
| Heritage Manor Apartments | Lily | Studio,1BA | $990 |
| The Beacon | Studio | Studio,1BA | $995 |
| Furlow Apartments | Studio | Studio,1BA | $1,020 |
Best Value Apartments for Rent in Olmsted County, MN
As of August 04, 2026 the best value apartment in the Olmsted County area is the $1.20 price per square foot 2 Bedroom Plus Den Model at Stone Haven Townhomes in the starting from $2,045. The second greatest value Olmsted County apartment is the 2416 5th St SW Model at 2416 5th St SW, Unit B starting at $1,895 with a $1.18 price per square foot in the Historic Southwest 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. |
|---|---|---|---|
| Stone Haven Townhomes | 2 Bedroom Plus Den | 2BR,2.5BA | $1.20 |
| 2416 5th St SW, Unit B | 2416 5th St SW | 3BR,2BA | $1.18 |
| 1131 7th Ave SW | 1131 7th Ave SW | 2BR,1BA | $0.94 |
| 864 9th Ave SE | 864 9th Ave SE | 2BR,1BA | $1.17 |
| Harvestview Place II | 3 Bedroom | 3BR,2BA | $1.28 |
| Dakota Townhomes | Three Bedroom | 3BR,1.5BA | $1.18 |
| Georgetowne Homes | 2 Bedroom Income Restricted | 2BR,2BA | $1.21 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| 812 1st St NW, Unit 2 | 812 1st St NW | 2BR,1BA | $1.22 |
| 2210 18 1/2 Ave NW | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
Frequently Asked Questions about Olmsted County
What type of rentals are currently available in Olmsted County?
There are currently 314 Apartments for Rent in Olmsted County, MN with pricing that ranges from $695 to $4,348. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olmsted County ranging from $925 to $4,400.
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 $925 to $4,400 with an average monthly rent of $2,127.
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 $1,170 to $4,268, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $3,200. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $695.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.