
Cheap Apartments for Rent near Spring Valley, MN from $600 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Spring Valley.


Hillside Apartments

Sutton Place

Total Monthly Price
Meadow Park Apartments

The Beacon

Cottages of Stewartville

Homestead Village Townhomes

EastGate 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.

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The Ida

Total Monthly Price
5th on 5th Apartments

STEWARTVILLE FLATS

The HUE

The Vista at South Broadway

TwentyFirst Ave

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Residence at Discovery Square

Eastwood Ridge
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.

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The Manor at Med City

501 on First

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The Rosewater

Preserve on Maine

Avani Living

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SoRoc on Maine

Total Monthly Price
Maven on Broadway

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Flats on 4th
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.

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Metropolitan Market Place

Eastwood Manor Apartments

The Graham

1017 21st St SE

Chester Estates

121 Main St S

Lobb Field Apartments

28 6th Ave SE
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.

2094 11th Ave SE

220 Broadway Ave S

101 8th Ave SE

Lofts at Mayo Park

224 9th Ave NW

1215 7th Ave SE

310 Minnesota St SE

1418-3-1/2 3 1/2 St SE
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.
Spring Valley, MN Local Guide

How much does it cost to rent an apartment in Spring Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Valley Studio Apartments | $1,481 | $900 | $1,975 |
| Spring Valley 1 Bedroom Apartments | $1,660 | $925 | $2,150 |
| Spring Valley 2 Bedroom Apartments | $2,112 | $1,045 | $3,600 |
| Spring Valley 3 Bedroom Apartments | $2,379 | $1,295 | $3,795 |
| Spring Valley 4 Bedroom Apartments | $1,220 | $695 | $1,950 |
Browse Top Apartments in Spring Valley
See all Apartments in Spring ValleyExplore Spring Valley
Spring Valley, MN Local Guide
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Cheapest Available Spring Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Spring Valley, MN is a Studio unit found at Hillside Apartments in the Meadow Park neighborhood priced from $900. Sutton Place in the Meadow Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Spring Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $925 |
| The Beacon | Studio | Studio,1BA | $995 |
| Meadow Park Apartments | Classic Two Bedrooom | 2BR,1BA | $1,045 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,125 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1,200 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1,345 |
| The Manor at Med City | 1 Bedroom - Deluxe | 1BR,1BA | $1,360 |
| STEWARTVILLE FLATS | 1 BED 1 BATH CORNER | 1BR,1BA | $1,375 |
| Avani Living | Studio A | Studio,1BA | $1,426 |
Best Value Apartments for Rent in Spring Valley, MN and Nearby
As of August 05, 2026 the best value apartment in the Spring Valley area is the $1.38 price per square foot Lafayette Model at Crystal Bay Townhomes in the in the Historic Southwest neighborhood starting from $1,725. The second greatest value Spring Valley apartment is the Swan Model at Eastwood Ridge starting at $1,815 with a $1.68 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Spring Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Crystal Bay Townhomes | Lafayette | 2BR,1.5BA | $1.38 |
| Eastwood Ridge | Swan | 2BR,2BA | $1.68 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| STEWARTVILLE FLATS | 1 BED 1 BATH CORNER | 1BR,1BA | $1.38 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $1.73 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $1.41 |
| The Ida | Furnished 1 bedroom | 1BR,1BA | $1.85 |
| DM Communities - Rochester | 620-106 | 1BR,1BA | $1.99 |
| Hillside Apartments | Studio | Studio ,1BA | $1.90 |
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 Spring Valley, MN Rentals by Map
See the most popular apartments and homes in Spring Valley, MN
Frequently Asked Questions about Cheap Spring Valley Apartments
What is the Cheapest Studio apartment in Spring Valley?
Currently the most affordable Cheap Studio Apartment in Spring Valley is at Hillside Apartments listed at $900.
How much is rent for a Cheap One Bedroom Spring Valley Apartment?
The lowest price for a Cheap One Bedroom Spring Valley Apartment is $925 at Sutton Place.
What is the lowest price for a Cheap Two Bedroom Spring Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Spring Valley is starting from $1,045 at Meadow Park Apartments.
What is the most affordable Spring Valley Three Bedroom Apartment?
The best deal on a cheap Spring Valley Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,320.
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.

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.

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.