
Cheap Apartments for Rent in Parkers Prairie, MN from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Parkers Prairie.


Prairie Village I and II

Willow Square

North Valley Apartments

Spruce Place Apartments

Central Lakes

Westfield Apartments

Total Monthly Price
Colonial Village Apartments

McKay Apartments

Riverside Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

119 2nd St, Unit #3

Twenty08 Apartments

10th Avenue Apartments

Water Station Apartments

Total Monthly Price
Broadway Apartments

Park South Apartments

The Colony

Cascade Apartments

Total Monthly Price
Campus View Historic Apartments

Westfield Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

River Bluff Apartments

Total Monthly Price
Trailside Apartments - 55+ Community

Runestone Grand Apartments

Lakewood Apartments

Somerset Apartments

Total Monthly Price
Granite Manor/Runestone

Total Monthly Price
Pheasant Run

Lincoln Apartments

Stetson Village Apartments

East Side Stories Apartments
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.

100 7th St NE

Total Monthly Price
Hillside Apartments

Colonial Court

Broadway Garden Estates

Park and 3rd Lofts

Total Monthly Price
Sunset Ridge Apartments

Page House

Osakis Community Manor

Goldenwood

Silverleaf Apartments
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.

KMA - Highland Terrace Apartments

Scandia Village I, II, and III

Carolina Village

Finlandia Apartments

Village Green Apartments

Greenleaf Apartments

Aspen Green II

Heritage Manor

1504 & 1508 Jefferson St

Sebeka Housing
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.
Parkers Prairie, MN Local Guide

How much does it cost to rent an apartment in Parkers Prairie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkers Prairie Studio Apartments | $1,146 | $695 | $1,355 |
| Parkers Prairie 1 Bedroom Apartments | $1,302 | $710 | $1,953 |
| Parkers Prairie 2 Bedroom Apartments | $1,559 | $755 | $2,904 |
| Parkers Prairie 3 Bedroom Apartments | $1,671 | $1,145 | $2,055 |
| Parkers Prairie 4 Bedroom Apartments | $1,980 | $1,270 | $2,155 |
Browse Top Apartments in Parkers Prairie
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Parkers Prairie, MN Local Guide
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Cheapest Available Parkers Prairie Apartments for Rent and Nearby
 The cheapest available apartment rental in Parkers Prairie, MN is a Studio unit found at North Valley Apartments priced from $700. Spruce Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $755. Here is today’s list of the most affordable Parkers Prairie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $755 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Riverside Apartments | 911 1 bed | 1BR,1BA | $795 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
| 10th Avenue Apartments | 1873 - Studio/1BA | Studio,1BA | $850 |
| The Colony | Hummingbird | Studio,1BA | $882 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $898 |
| Campus View Historic Apartments | 1 Beds, 1 Baths | 1BR,1BA | $900 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Parkers Prairie, MN and Nearby
As of August 13, 2026 the best value apartment in the Parkers Prairie area is the $1.34 price per square foot 3 Bedrooms, 2 full, 4541 Arbor Xing SE Model at Granite Manor/Runestone in the starting from $1,763. The second greatest value Parkers Prairie apartment is the 1 bedroom 1 bathroom Model at Broadway Garden Estates starting at $1,135 with a $1.19 price per square foot . Here is today’s list of the best values for Parkers Prairie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Granite Manor/Runestone | 3 Bedrooms, 2 full, 4541 Arbor Xing SE | 3BR,2BA | $1.34 |
| Broadway Garden Estates | 1 bedroom 1 bathroom | 1BR,1BA | $1.19 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| Lakewood Apartments | 2 BD/1 BA | 2BR,1BA | $1.29 |
| Westfield Apartments | 1 Bed 1 Bath Bld 3 | 1BR,1BA | $1.49 |
| Spruce Place Apartments | 2 Bedroom | Spruce Place | 2BR,1BA | $1.05 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.25 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Riverside Apartments | 911 1 bed | 1BR,1BA | $1.22 |
| Westfield Apartments | 1 bedroom | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Parkers Prairie, MN Rentals by Map
See the most popular apartments and homes in Parkers Prairie, MN
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 North Valley Apartments listed at $700.
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 $755 at Spruce Place Apartments.
What is the most affordable Parkers Prairie Three Bedroom Apartment?
The best deal on a cheap Parkers Prairie Three Bedroom Apartment rental is at Riverside Apartments and starts from $1,195.
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.