
Cheap Apartments for Rent in Santiago, MN from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Santiago.


Brookwood Apartments

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Oakshire Apartments

Clear Brook Apartments

Willow Breeze Apartments

Pine Pointe Apartments

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Cedar Square Apartments

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Oakwood Court 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.

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Oaks at Bentonshire

STERLING HEIGHTS

Cedar Ridge Apartments

THE HIGHLANDS

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Meadow Creek Village

Pinewood Estates

Goldenrod Glen

Depot on Main
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.

Prairie Village

Rum River Residential Suites

Mississippi Ridge

Birch Grove Estates

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Sherburne Park Estates

Clearwater Residential Suites

Regency Park

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Oak Street Townhomes
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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Wildwood Townhomes

Princeton Residential Suites

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Station Street Apartments

Northern Star Apartments

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Fairway Ridge Estates

Town Square Residential Suites

Courtyard Apartments

Ashbury Residential Suites
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.

425 Bluff St

519 14th St S

8330 Cedar St

54 Birch Ave S

Clearwater River Apartments

Marketplace Crossing

60 Birch Ave S

490 3rd St S
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.

Heartland Point, LLC

723 5th Ave S
Santiago, MN Local Guide

How much does it cost to rent an apartment in Santiago?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Santiago Studio Apartments | $1,076 | $765 | $1,455 |
| Santiago 1 Bedroom Apartments | $1,217 | $800 | $1,675 |
| Santiago 2 Bedroom Apartments | $1,269 | $880 | $1,942 |
| Santiago 3 Bedroom Apartments | $1,424 | $1,085 | $2,254 |
| Santiago 4 Bedroom Apartments | $1,644 | $1,596 | $1,696 |
Browse Top Apartments in Santiago
See all Apartments in SantiagoExplore Santiago
Santiago, MN Local Guide
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Cheapest Available Santiago Apartments for Rent and Nearby
 The cheapest available apartment rental in Santiago, MN is a 1 Bed unit found at Hampton Place Apartments in the Hester Park neighborhood priced from $749. Brookwood Apartments in the South Saint Cloud neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $845. Here is today’s list of the most affordable Santiago apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hampton Place Apartments | Hampton Place Apartments | 1BR,1BA | $749 |
| Brookwood Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $845 |
| Cedar Square Apartments | 2 Bedroom A | 2BR,1BA | $905 |
| Oakshire Apartments | 2B/1B/Ent.Closet | 2BR,1BA | $920 |
| STERLING HEIGHTS | One Bedroom One Bath | 1BR,1BA | $939 |
| Pine Pointe Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $994 |
| Oaks at Bentonshire | B 2X1 TROUT | 2BR,1BA | $1,062 |
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1BA | $1,160 |
| Birch Grove Estates | 1 Bedroom / 1 Bath | 1BR,1BA | $1,190 |
| Regency Park | A1R | 1BR,1BA | $1,241 |
Best Value Apartments for Rent in Santiago, MN and Nearby
As of July 05, 2026 the best value apartment in the Santiago area is the $1.34 price per square foot 3 Bedroom Large Model at Northern Star Apartments in the in the Clemens Munsinger Gardens neighborhood starting from $1,725. The second greatest value Santiago apartment is the Two Bedroom Two Bathroom Model at Willow Breeze Apartments starting at $1,515 with a $1.26 price per square foot in the Hester Park neighborhood. Here is today’s list of the best values for Santiago apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northern Star Apartments | 3 Bedroom Large | 3BR,2BA | $1.34 |
| Willow Breeze Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.26 |
| Oaks at Bentonshire | B 2X1 TROUT | 2BR,1BA | $0.93 |
| Brookwood Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.06 |
| Prairie Village | Two Bedroom/ Two Bathroom | 2BR,1.5BA | $1.21 |
| Pine Pointe Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.05 |
| Oakshire Apartments | 2B/1B/Ent.Closet | 2BR,1BA | $1.04 |
| STERLING HEIGHTS | One Bedroom One Bath | 1BR,1BA | $1.25 |
| Cedar Square Apartments | 2 Bedroom A | 2BR,1BA | $1.21 |
| Hampton Place Apartments | Hampton Place Apartments | 1BR,1BA | $1.06 |
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 Santiago, MN Rentals by Map
See the most popular apartments and homes in Santiago, MN
Frequently Asked Questions about Cheap Santiago Apartments
How much is rent for a Cheap One Bedroom Santiago Apartment?
The lowest price for a Cheap One Bedroom Santiago Apartment is $749 at Hampton Place Apartments.
What is the lowest price for a Cheap Two Bedroom Santiago Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Santiago is starting from $849 at Hampton Place 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.