Cheap Apartments for Rent near Soudan, MN from $400 (34 Rentals)

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

property at 109 3rd Ave

$624

Total Monthly Price

Total Monthly Price

Base Rent
$624

Total Monthly Price
$624

1 Bedroom, 1 Bath Home for Rent

Available Now

109 3rd Ave

BoveyMN55709

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.

property at 212 NE 3rd Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

Studio, 1 Bath Home for Rent

Available Now

212 NE 3rd Ave

Grand RapidsMN55744
property at 2918 2nd Avenue east

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

2918 2nd Avenue east

HibbingMN55746
property at 306 N 5th Ave W

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

306 N 5th Ave W

VirginiaMN55792

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.

property at 302 N 5th Ave W

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

302 N 5th Ave W

VirginiaMN55792
property at 218 2nd St N

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Home for Rent

Available Now

218 2nd St N

VirginiaMN55792
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Park Villa Apartments
$930 - $1,420
Total Monthly Price

Total Monthly Price

Base Rent
$930 - $1,420

Total Monthly Price
$930 - $1,420
1 to 3 Bedroom Apartments Contact Us For Availability

Park Villa Apartments

8515 Parkvilla DrMountain Iron, MN 55768
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
property at 2023 7th Ave E

$940

Total Monthly Price

Total Monthly Price

Base Rent
$940

Total Monthly Price
$940

1 Bedroom, 1 Bath Home for Rent

Available Now

2023 7th Ave E

HibbingMN55746
property at 310 S 8th Ave W

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

310 S 8th Ave W

VirginiaMN55792
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Eastview Apartments
$1,010 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,200

Total Monthly Price
$1,010 - $1,200
1 to 2 Bedroom Apartments Available Aug 1

Eastview Apartments

100 N Van Buren AveEveleth, MN 55734
Student Housing
  • Verified
  • Customer Reviewed

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.

property at 707 S 5th Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

707 S 5th Ave

VirginiaMN55792
property at 209 7th St S

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

209 7th St S

VirginiaMN55792
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The Androy Apartments
1 to 2 Bedroom Apartments

The Androy Apartments

2010 5th Ave EHibbing, MN 55746
  • Utilities Included
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Alice Nettell Towers
Studio Apartments

Alice Nettell Towers

550 N 3rd AveVirginia, MN 55792
Senior Living
  • 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.

property at 726 Fayal Rd

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

Studio, 1 Bath Home for Rent

Available Now

726 Fayal Rd

EvelethMN55734

Soudan, MN Local Guide

Cheapest Available Soudan Apartments for Rent and Nearby

 

The cheapest available apartment rental in Soudan, MN is a Studio unit found at 115 3rd St S priced from $495. Laurentian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Soudan apartments for rent:

Apartment ListingModel NameBed/BathPriced From
115 3rd St SStudio/EfficiencyStudio,1BA$495
Laurentian ApartmentsStudio1BR,1BA$600
Park Apartments2 Bed/1 Bath2BR,1BA$625
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$701
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$715
5739 Marble Ave1 Bedroom1BR,1BA$760
Silverwood Apartments1 Bedroom1BR,1BA$793
Canal ApartmentsEfficiencyStudio,1BA$800
Marlin ManorMarlin Manor, 2 bed, 1 bath.2BR,1BA$820

Best Value Apartments for Rent in Soudan, MN and Nearby

As of July 24, 2026 the best value apartment in the Soudan area is the $1.05 price per square foot 2 Bedroom Model at Ivy Manor Apartments in the starting from $958. The second greatest value Soudan apartment is the 2 Bedroom Model at 5739 Marble Ave starting at $900 with a $1.13 price per square foot . Here is today’s list of the best values for Soudan apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ivy Manor Apartments2 Bedroom2BR,1BA$1.05
5739 Marble Ave2 Bedroom2BR,1BA$1.13
Meadowbrook Apartments1 Bed + 1 Bath1BR,1BA$1.14
Marlin ManorMarlin Manor, 2 bed, 1 bath.2BR,1BA$1.17
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
Silverwood Apartments1 Bedroom1BR,1BA$1.30
Park Apartments2 Bed/1 Bath2BR,1BA$1.04
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$1.22
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$1.40
Laurentian ApartmentsStudio1BR,1BA$1.50

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!

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Frequently Asked Questions about Cheap Soudan Apartments

What is the Cheapest Studio apartment in Soudan?

Currently the most affordable Cheap Studio Apartment in Soudan is at 115 3rd St S listed at $495.

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

The lowest price for a Cheap One Bedroom Soudan Apartment is $600 at Laurentian Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Soudan is starting from $625 at Park 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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.