
Cheap Apartments for Rent in Perham, MN from $400 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Perham.


The Meadows Townhomes

JP Place

97 7th Ave S

902 1st St S

500 1st Ave S

Riverside Apartments

Spruce Place Apartments

Total Monthly Price
Colonial Village Apartments

McKay 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.

McCarthy Apartments

Twenty08 Apartments

Parkview Housing

10th Avenue Apartments

Total Monthly Price
Broadway Apartments

The Colony

Sunridge Apartments

Cascade Apartments

Total Monthly Price
Campus View Historic Apartments

River Bluff 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.

Pelican Heights Apartments

Total Monthly Price
Trailside Apartments - 55+ Community

Lakewood Apartments

Somerset Apartments

Total Monthly Price
Pheasant Run

Meadows Edge Apartments

Stetson Village Apartments

Lincoln Apartments

Water Station Apartments

Central Lakes
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.

Silver Birch

Page House

Goldenwood

Silverleaf Apartments

KMA - Highland Terrace Apartments

Scandia Village I, II, and III

Marigold Apartments

Finlandia Apartments

Village Green Apartments

Willow Square
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.

Greenleaf Apartments

Aspen Green II

Pleasant View Manor

Heritage Manor

1504 & 1508 Jefferson St

Sebeka Housing

Park Rapids Apartments

Riverside Apartments

1624 8th St N

1612 8th St N
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.
Perham, MN Local Guide

How much does it cost to rent an apartment in Perham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Perham Studio Apartments | $978 | $695 | $1,250 |
| Perham 1 Bedroom Apartments | $1,250 | $710 | $1,968 |
| Perham 2 Bedroom Apartments | $1,486 | $755 | $2,919 |
| Perham 3 Bedroom Apartments | $1,537 | $1,145 | $4,500 |
| Perham 4 Bedroom Apartments | $1,520 | $1,270 | $1,795 |
Browse Top Apartments in Perham
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Perham, MN Local Guide
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Cheapest Available Perham Apartments for Rent and Nearby
 The cheapest available apartment rental in Perham, MN is a Studio unit found at Riverside Apartments priced from $695. McCarthy Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $794. Here is today’s list of the most affordable Perham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Riverside Apartments | 911 studios | Studio,1BA | $695 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $794 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
| 10th Avenue Apartments | 1873 - Studio/1BA | Studio,1BA | $850 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $898 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $900 |
| Campus View Historic Apartments | 1 Beds, 1 Baths | 1BR,1BA | $900 |
| Trailside Apartments - 55+ Community | ? COWDREY STUDIO - AVAILABLE FALL 2026! | Studio,1BA | $938 |
| The Colony | Blue Jay | 1BR,1BA | $1,008 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1,029 |
Best Value Apartments for Rent in Perham, MN and Nearby
As of July 27, 2026 the best value apartment in the Perham area is the $0.81 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $1,280. The second greatest value Perham apartment is the 4 BD/2 BA Model at Westfield Apartments starting at $1,495 with a $1.22 price per square foot . Here is today’s list of the best values for Perham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pelican Rapids Townhomes | 3 Bedroom | 3BR,1BA | $0.81 |
| Westfield Apartments | 4 BD/2 BA | 4BR,2BA | $1.22 |
| JP Place | Mason | 3BR,2BA | $1.31 |
| Blue Eagle Townhomes | Three Bedroom | 3BR,2BA | $1.15 |
| Lakewood Apartments | 2 BD/1 BA | 2BR,1BA | $1.29 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.34 |
| The Colony | Blue Jay | 1BR,1BA | $1.36 |
| McKay Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.25 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
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.
Best Local Schools in Perham, MN
Heart of the Lake Elementary
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Perham, MN Rentals by Map
See the most popular apartments and homes in Perham, MN
Frequently Asked Questions about Cheap Perham Apartments
What is the Cheapest Studio apartment in Perham?
Currently the most affordable Cheap Studio Apartment in Perham is at Riverside Apartments listed at $695.
How much is rent for a Cheap One Bedroom Perham Apartment?
The lowest price for a Cheap One Bedroom Perham Apartment is $898 at Cascade Apartments.
What is the lowest price for a Cheap Two Bedroom Perham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Perham is starting from $794 at McCarthy Apartments.
What is the most affordable Perham Three Bedroom Apartment?
The best deal on a cheap Perham Three Bedroom Apartment rental is at Blue Eagle Townhomes and starts from $1,212.
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.

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.