Cheap Apartments for Rent in Slayton, MN from $300 (79 Rentals)

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Search the lowest-cost Apartments available for rent right now in Slayton.

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Westside Apartments
1 to 2 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
  • Utilities Included

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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Red Skye Lofts
$860 - $2,660
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $2,600
Required Monthly Fees
$60
Total Monthly Price
$860 - $2,660
1 to 3 Bedroom Apartments Available Now

Red Skye Lofts

100 Fallwood RdRedwood Falls, MN 56283
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  • Utilities Included
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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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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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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.

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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
  • Utilities Included
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
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River Ridge Apartments
1 to 2 Bedroom Apartments

River Ridge Apartments

201 S Minnesota StRedwood Falls, MN 56283
  • Utilities Included
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Slayton, MN Local Guide

Cheapest Available Slayton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Slayton, MN is a 1 Bed unit found at 512 Vernon Ave priced from $595. Ridgeview Place Apartments in the Mystic Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Slayton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
512 Vernon AveOne Bedroom1BR,1BA$595
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Aspen Ridge ReserveStudio ApartmentStudio,1BA$740
Tallgrass Village Apartments & TownhomesStudio ApartmentStudio,1BA$770
Suite Liv'n - MarshallOne Bedroom1BR,1BA$775
Nobles Square Apartments1 Bedroom1BR,1BA$785
Downtown Estates1 Bed, 1 bath1BR,1BA$795
Parkview Apartments1 Bed, 1 bath1BR,1BA$795
Willows EdgeApartment Style StudioStudio,1BA$795

Best Value Apartments for Rent in Slayton, MN and Nearby

As of May 30, 2026 the best value apartment in the Slayton area is the $1.00 price per square foot 3x2 Model at 100 W 10th St in the starting from $1,595. The second greatest value Slayton apartment is the 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes starting at $1,650 with a $1.15 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Slayton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
100 W 10th St3x23BR,2BA$1.00
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Windom Landing2 Bedroom - Upper Level2BR,2BA$0.84
Hoppe Properties620 #101 and #102 - 2 BD, 1 BA2BR,1BA$0.86
Parkview Apartments2 Beds, 1 bath2BR,1BA$0.80
Joslyn Heights Apartments2 Bed 2 Bath Apartment2BR,2BA$1.18
Bentley Park1 Bedroom 1 Bathroom Lower Level1BR,1BA$1.05
Red Skye Lofts2 Bedroom2BR,1BA$1.12
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
512 Vernon AveTwo Bedroom2BR,1BA$0.87

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.

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Real 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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Slayton, MN Rentals by Map

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Frequently Asked Questions about Cheap Slayton Apartments

What is the Cheapest Studio apartment in Slayton?

Currently the most affordable Cheap Studio Apartment in Slayton is at Ridgeview Place Apartments listed at $599.

How much is rent for a Cheap One Bedroom Slayton Apartment?

The lowest price for a Cheap One Bedroom Slayton Apartment is $595 at 512 Vernon Ave.

What is the lowest price for a Cheap Two Bedroom Slayton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Slayton is starting from $695 at 512 Vernon Ave.

What is the most affordable Slayton Three Bedroom Apartment?

The best deal on a cheap Slayton Three Bedroom Apartment rental is at Hoppe Properties and starts from $999.

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.