Cheap Apartments for Rent in Parkers Prairie, MN from $400 (73 Rentals)

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Search the lowest-cost Apartments available for rent right now in Parkers Prairie.

property at 109 N 4th Ave

$861

Total Monthly Price

Total Monthly Price

Base Rent
$861

Total Monthly Price
$861

1 Bedroom, 1 Bath Home for Rent

Available Now

109 N 4th Ave

Parkers PrairieMN56361
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Prairie Village I and II
1 to 2 Bedroom Apartments

Prairie Village I and II

107-109 4th Ave NParkers Prairie, MN 56361
  • Utilities Included
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Willow Square
1 Bedroom Apartments

Willow Square

305 N Clayborn AveParkers Prairie, MN 56361
Senior Living
  • Utilities Included

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.

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Pheasant Run Apartments
$969 - $1,394
Total Monthly Price

Total Monthly Price

Base Rent
$950 - $1,375
Required Monthly Fees
$19

Total Monthly Price
$969 - $1,394
1 to 3 Bedroom Apartments Available May 16, 2099

Pheasant Run Apartments

825 34th Ave EAlexandria, MN 56308
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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 526 W Bancroft Ave

$1,150

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

3 Bedroom, 1.5 Bath Home for Rent

Available Jun 15

526 W Bancroft Ave

Fergus FallsMN56537
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Sunset Ridge Apartments
$1,210 - $1,355
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150 - $1,295
Required Monthly Fees
$60

Total Monthly Price
$1,210 - $1,355
1 to 2 Bedroom Apartments Available Now

Sunset Ridge Apartments

2387-2467 Pioneer RdFergus Falls, MN 56537
  • Verified
  • Low Income
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Wobegon Crossings
$1,218 - $1,749
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199 - $1,730
Required Monthly Fees
$19

Total Monthly Price
$1,218 - $1,749
1 to 3 Bedroom Apartments Available Now

Wobegon Crossings

1250 W Railroad AveMelrose, MN 56352
  • Verified
  • 3D Tour
property at 509 E Vernon Ave

$1,290

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,290

Total Monthly Price
$1,290

3 Bedroom, 2 Bath Home for Rent

Available Jun 1

509 E Vernon Ave

Fergus FallsMN56537

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 407 E Main St

$1,487

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,487

Total Monthly Price
$1,487

2 Bedroom, 2 Bath Townhome for Rent

Available Jun 1

407 E Main St

Battle LakeMN56515
property at 34890 238th Ave

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Now

34890 238th Ave

AlbanyMN56307
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Page House
1 Bedroom Apartments

Page House

221 E Cavour AveFergus Falls, MN 56537
  • Utilities Included
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Osakis Community Manor
1 to 2 Bedroom Apartments

Osakis Community Manor

480 W Main StOsakis, MN 56360
Senior Living
  • Utilities Included
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Goldenwood
1 to 2 Bedroom Apartments

Goldenwood

1145 Friberg AveFergus Falls, MN 56537
Senior Living
  • Utilities Included

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.

Parkers Prairie, MN Local Guide

Cheapest Available Parkers Prairie Apartments for Rent and Nearby

 

The cheapest available apartment rental in Parkers Prairie, MN is a Studio unit found at Riverside Apartments priced from $695. North Valley Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $700. Here is today’s list of the most affordable Parkers Prairie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverside Apartments911 studiosStudio,1BA$695
North Valley ApartmentsEfficiencyStudio,1BA$700
Westfield Apartments1 bedroom1BR,1BA$765
Twenty08 ApartmentsA.1 TIFStudio,1BA$820
Cascade ApartmentsOne Bedroom1BR,1BA$898
10th Avenue Apartments1964 - StudioStudio,1BA$921
Runestone Grand Apartments2 Bedroom2BR,1BA$935
Lincoln ApartmentsLincoln Apartments2BR,1BA$995
Lakewood Apartments1 BD/1 BA1BR,1BA$995
Stetson Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$995

Best Value Apartments for Rent in Parkers Prairie, MN and Nearby

As of May 15, 2026 the best value apartment in the Parkers Prairie area is the $1.19 price per square foot 2 Beds, 1 Baths Model at Campus View Historic Apartments in the starting from $1,375. The second greatest value Parkers Prairie apartment is the C.3 Model at Central Lakes starting at $1,493 with a $1.35 price per square foot . Here is today’s list of the best values for Parkers Prairie apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Campus View Historic Apartments2 Beds, 1 Baths2BR,1BA$1.19
Central LakesC.32BR,2BA$1.35
River Bluff Apartments2 Bedroom 1 Bathroom2BR,1BA$1.04
Mainstreeter Apartment Homes2B2B A2BR,2BA$1.50
Runestone Grand Apartments2 Bedroom2BR,1BA$1.07
East Side Stories Apartments2 bed2BR,1BA$1.17
Westfield Apartments1 Bed 1 Bath Bld 31BR,1BA$1.49
Stetson Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.36
Cascade ApartmentsOne Bedroom1BR,1BA$1.33
Westfield Apartments1 bedroom1BR,1BA$1.23

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Parkers Prairie Apartments

What is the Cheapest Studio apartment in Parkers Prairie?

Currently the most affordable Cheap Studio Apartment in Parkers Prairie is at Riverside Apartments listed at $695.

How much is rent for a Cheap One Bedroom Parkers Prairie Apartment?

The lowest price for a Cheap One Bedroom Parkers Prairie Apartment is $765 at Westfield Apartments.

What is the lowest price for a Cheap Two Bedroom Parkers Prairie Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Parkers Prairie is starting from $935 at Runestone Grand Apartments.

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

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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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.