
Cheap Apartments for Rent in Parkers Prairie, MN from $400 (67 Rentals)
Search the lowest-cost Apartments available for rent right now in Parkers Prairie.


Prairie Village I and II

Willow Square

Riverside Apartments

North Valley Apartments

Spruce Place Apartments

415 12th Ave E, Unit Main Level Private Room 1

Westfield Apartments

Total Monthly Price
Colonial Village Apartments

McKay 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.

Twenty08 Apartments

10th Avenue Apartments

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Broadway Apartments

The Colony

Cascade Apartments

River Bluff Apartments

Runestone Grand Apartments

Total Monthly Price
Trailside Apartments

Lakewood Apartments

Somerset Apartments
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.

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Pheasant Run

Stetson Village Apartments

Granite Manor/Runestone

Lincoln Apartments

Water Station Apartments

East Side Stories Apartments

Colonial Court

Hillside Apartments

Broadway Garden Estates

Westfield Apartments
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.

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Wobegon Crossings

Park and 3rd Lofts

2nd Ave Apartments

Central Lakes

1240 Jackson Ave

South Point Apartments

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Sunset Ridge Apartments

The Legacy of Alexandria

Bridgewater Estates

Glen Terrace Townhomes
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.

Page House

Osakis Community Manor

Goldenwood

Silverleaf Apartments

KMA - Highland Terrace Apartments

Scandia Village I, II, and III

Carolina Village

Finlandia Apartments

Village Green Apartments

Greenleaf 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.
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 | $995 | $695 | $1,295 |
| Parkers Prairie 1 Bedroom Apartments | $1,258 | $710 | $1,915 |
| Parkers Prairie 2 Bedroom Apartments | $1,548 | $755 | $2,819 |
| Parkers Prairie 3 Bedroom Apartments | $1,530 | $1,145 | $1,995 |
| Parkers Prairie 4 Bedroom Apartments | $1,827 | $1,270 | $2,095 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| North Valley Apartments | Efficiency | Studio,1BA | $700 |
| Westfield Apartments | 1 bedroom | 1BR,1BA | $765 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
| 10th Avenue Apartments | 1873 - Studio/1BA | Studio,1BA | $850 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $898 |
| Spruce Place Apartments | 2 Bedroom | Laurel Place | 2BR,1BA | $900 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $900 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $935 |
| Trailside Apartments | ? COWDREY STUDIO AVAILABLE JUNE 2026! | Studio,1BA | $938 |
Best Value Apartments for Rent in Parkers Prairie, MN and Nearby
As of June 29, 2026 the best value apartment in the Parkers Prairie area is the $1.31 price per square foot Mason Model at JP Place in the starting from $1,525. The second greatest value Parkers Prairie apartment is the 2 Beds, 1 Baths Model at Campus View Historic Apartments starting at $1,375 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. |
|---|---|---|---|
| JP Place | Mason | 3BR,2BA | $1.31 |
| Campus View Historic Apartments | 2 Beds, 1 Baths | 2BR,1BA | $1.19 |
| Spruce Place Apartments | 2 Bedroom | Laurel Place | 2BR,1BA | $1.01 |
| Runestone Grand Apartments | 2 Bedroom | 2BR,1BA | $1.07 |
| East Side Stories Apartments | 2 bed | 2BR,1BA | $1.17 |
| Central Lakes | B.4 (Plus Den) | 1BR,1BA | $1.49 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.25 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Lakewood Apartments | 1 BD/1 BA | 1BR,1BA | $1.45 |
| 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 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 $900 at McKay 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

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.

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.