
Cheap Homes for Rent in Olmsted County, MN from $700 (25 Rentals)
Search the lowest-cost Homes available for rent right now in Olmsted County.


1816 34th St NW

362 Elton Hills Dr NW, Unit 27

515 6th St NW

2120 Valleyhigh Dr NW, Unit C202

1610 22nd St NW
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.

3619 10th Ln NW, Unit 4

4503 14th Ave NW

871 37th Ave NW

515 6th St NW

2011 Viking Dr NW

1302 12th Ave NW
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.

6450 37th Ave NW

2220 Valleyhigh Dr NW, Unit E101

4302 22nd Ave NW

725 7th St NW

2004 Falcon Terrace NW

366 Elton Hills Dr NW, Unit Unit 15
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

524 10th St SE

3925 18th Ave NW

1229 7th Ave SE

1006 3rd Ave SE

513 13th Ave SE

917 3rd St NE
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

936 3rd Ave SE
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 | $1,730 | $1,195 | $2,730 |
| Olmsted County 3 Bedroom Homes for Rent | $2,090 | $1,300 | $3,675 |
| Olmsted County 4 Bedroom Homes for Rent | $2,843 | $1,800 | $4,900 |
| Olmsted County 5 Bedroom Homes for Rent | $3,682 | $2,000 | $5,500 |
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 2 Beds unit found at Meadow Park 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $895 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $950 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $989 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $1,045 |
Best Value Apartments for Rent in Olmsted County, MN
As of March 20, 2026 the best value apartment in the Olmsted County area is the $1.22 price per square foot 2 Bedroom Model at Stone Haven Townhomes in the starting from $2,080. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stone Haven Townhomes | 2 Bedroom | 2BR,2.5BA | $1.22 |
| The Brittany's Apartments and Townhomes | 3 BD/2.5 BA Townhome | 3BR,2.5BA | $1.17 |
| Broadway Plaza - Mayo Clinic | 2BR | 2BR,2.5BA | $1.07 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.10 |
| Winchester Apartments & Townhomes | Pemberton | 3BR,1.5BA | $1.20 |
| Olympik Village Apartments | Apollo | 3BR,2BA | $1.13 |
| 1910 Valleyhigh Dr NW, Unit 1910 | 1910 Valleyhigh Dr NW | 2BR,1BA | $1.25 |
| 2216 18 1/2 Ave NW, Unit 1 | 2216 18 1/2 Ave NW | 2BR,1BA | $1.03 |
| 2210 18 1/2 Ave NW, Unit 4 | 2210 18 1/2 Ave NW | 2BR,1BA | $1.06 |
| Heritage Manor Apartments | Sunflower | 2BR,1BA | $1.26 |
Frequently Asked Questions about Olmsted County
What type of rentals are currently available in Olmsted County?
There are currently 306 Apartments for Rent in Olmsted County, MN with pricing that ranges from $800 to $11,779. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in Olmsted County ranging from $700 to $5,500.
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 $5,500 with an average monthly rent of $2,144.
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 $1,050 to $5,588, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,300 to $3,675. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $3,773.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.