Cheap Apartments for Rent near Spring Valley, MN from $600 (40 Rentals)

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

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
$1,200 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $1,400

Total Monthly Price
$1,200 - $1,400
1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
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  • Customer Reviewed
  • Utilities Included
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5th on 5th Apartments
$1,270 - $1,680
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $1,640
Required Monthly Fees
$40

Total Monthly Price
$1,270 - $1,680
Studio to 1 Bedroom Apartments Available Sep 1

5th on 5th Apartments

510 5th St SWRochester, MN 55902
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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
$1,360 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$135

Total Monthly Price
$1,360 - $1,765
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
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  • Utilities Included
  • 3D Tour
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The Rosewater
Rent Specials
$1,395 - $2,532
Total Monthly Price

Total Monthly Price

Base Rent
$1,305 - $2,442
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Rosewater

1155 Felty Ave SERochester, MN 55904
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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SoRoc on Maine
Rent Specials
$1,435 - $3,190
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $3,190

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

SoRoc on Maine

4850 Maine Ave SERochester, MN 55904
Furnished
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  • 3D Tour
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Maven on Broadway
Rent Specials
$1,510 - $4,288
Total Monthly Price

Total Monthly Price

Base Rent
$1,435 - $4,213
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Maven on Broadway

425 S BroadwayRochester, MN 55904
Corporate Housing
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  • 3D Tour
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Flats on 4th
Rent Specials
$1,525 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,525 - $3,300

Total Monthly Price
$1,525 - $3,300
Studio to 2 Bedroom Apartments Available Now

Flats on 4th

412 SE 3rd AveRochester, MN 55904
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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The Graham
Studio to 1 Bedroom Apartments

The Graham

108 16th St SERochester, MN 55904
Corporate Housing
  • Utilities Included
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1017 21st St SE
2 Bedroom Apartments

1017 21st St SE

1017 21st St SERochester, MN 55904
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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
property at 121 Main St S

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio, 1 Bath Condo for Rent

Available Now

121 Main St S

Grand MeadowMN55936
property at 28 6th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Now

28 6th Ave SE

RochesterMN55904

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 2094 11th Ave SE

$1,250

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

2094 11th Ave SE

RochesterMN55904
property at 220 Broadway Ave S

$1,395 - $1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 To 2 Bedroom Rentals

Available Now

220 Broadway Ave S

RochesterMN55904
property at 101 8th Ave SE

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

1 Bedroom, 1 Bath Home for Rent

Available Sep 4

101 8th Ave SE

RochesterMN55904
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Lofts at Mayo Park
1 to 2 Bedroom Apartments

Lofts at Mayo Park

123 6th Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included
property at 224 9th Ave NW

$1,525

Total Monthly Price

Total Monthly Price

Base Rent
$1,525

Total Monthly Price
$1,525

2 Bedroom, 1 Bath Home for Rent

Available Sep 10

224 9th Ave NW

RochesterMN55901
property at 1215 7th Ave SE

$1,579

Total Monthly Price

Total Monthly Price

Base Rent
$1,579

Total Monthly Price
$1,579

2 Bedroom Rentals

Available Now

1215 7th Ave SE

RochesterMN55904
property at 310 Minnesota St SE

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

5 Bedroom, 2.5 Bath Home for Rent

Available Now

310 Minnesota St SE

RacineMN55967
property at 1418-3-1/2 3 1/2 St SE

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1418-3-1/2 3 1/2 St SE

RochesterMN55904

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

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 ListingModel NameBed/BathPriced From
Hillside ApartmentsStudioStudio,1BA$900
Sutton Place1 bed 1 bath1BR,1BA$925
The BeaconStudioStudio,1BA$995
Meadow Park ApartmentsClassic Two Bedrooom2BR,1BA$1,045
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125
The IdaUnfurnished 1B1B1BR,1BA$1,200
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1,345
The Manor at Med City1 Bedroom - Deluxe1BR,1BA$1,360
STEWARTVILLE FLATS1 BED 1 BATH CORNER1BR,1BA$1,375
Avani LivingStudio AStudio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Crystal Bay TownhomesLafayette2BR,1.5BA$1.38
Eastwood RidgeSwan2BR,2BA$1.68
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1.25
STEWARTVILLE FLATS1 BED 1 BATH CORNER1BR,1BA$1.38
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Meadow Park ApartmentsModern Two Bedroom2BR,1BA$1.73
Sutton Place1 bed 1 bath1BR,1BA$1.41
The IdaFurnished 1 bedroom1BR,1BA$1.85
DM Communities - Rochester620-1061BR,1BA$1.99
Hillside ApartmentsStudioStudio ,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.

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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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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.

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

Explore Spring Valley, MN Rentals by Map

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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

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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.

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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.

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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.

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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.