
Cheap Homes for Rent in Perham, MN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Perham.


902 1st St S

124 Farwell St

1624 8th St N

1612 8th St N
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.

1203 34th St Cir S

1652 8th St N

706 W Lincoln Ave

606 1st Ave N, Unit 6

100 7th St NE
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.
Perham, MN Local Guide

How much does it cost to rent a home in Perham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Perham 2 Bedroom Homes for Rent | $865 | $400 | $1,050 |
| Perham 3 Bedroom Homes for Rent | $1,765 | $700 | $2,550 |
| Perham 4 Bedroom Homes for Rent | $2,444 | $2,095 | $3,200 |
| Perham 5 Bedroom Homes for Rent | $2,550 | $1,850 | $3,300 |
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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 1 Bed unit found at Spruce Place Apartments priced from $710. 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 |
|---|---|---|---|
| Spruce Place Apartments | 1 Bedroom | Spruce Place | 1BR,1BA | $710 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $794 |
| Twenty08 Apartments | A.1 TIF | Studio,1BA | $820 |
Best Value Apartments for Rent in Perham, MN and Nearby
As of August 26, 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 Three Bedroom Model at Blue Eagle Townhomes starting at $1,212 with a $1.15 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 |
| Blue Eagle Townhomes | Three Bedroom | 3BR,2BA | $1.15 |
| JP Place | Josiah | 2BR,2BA | $1.36 |
| Broadway Garden Estates | 1 bedroom 1 bathroom | 1BR,1BA | $1.19 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Water Station Apartments | 1 bedroom | 1BR,1BA | $1.08 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.34 |
| Central Lakes | B.1 INCOME RESTRICTED | 1BR,1BA | $1.25 |
| Cascade Apartments | One Bedroom | 1BR,1BA | $1.33 |
| Spruce Place Apartments | 1 Bedroom | Spruce Place | 1BR,1BA | $1.12 |
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.
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Best Local Schools in Perham, MN
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Perham
What type of rentals are currently available in Perham?
There are currently 68 Apartments for Rent in Perham, MN with pricing that ranges from $710 to $4,500. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Perham ranging from $400 to $3,300.
What is the current price range for Rental Homes in Perham?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Perham ranges from $400 to $3,300 with an average monthly rent of $1,554.
How much are larger Three and Four Bedroom Rentals in Perham?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Perham range from $1,170 to $4,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,550. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $1,295.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.