Cheap Homes for Rent in Spring Valley, MN from $700 (6 Rentals)

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 DM Communities - Rochester in the Meadow Park neighborhood priced from $745. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $870. Here is today’s list of the most affordable Spring Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - Rochester219 StudiosStudio,1BA$745
Hillside ApartmentsStudioStudio,1BA$870
Meadow Park ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Spring Valley, MN and Nearby

As of May 10, 2025 the best value apartment in the Spring Valley area is the $1.07 price per square foot 2BR Model at Broadway Plaza - Mayo Clinic in the in the Meadow Park neighborhood starting from $1,700. The second greatest value Spring Valley apartment is the 2 Bed, 2.5 Bath, Plus Den Model at Falcon Heights Townhomes starting at $2,200 with a $1.57 price per square foot in the East Rochester 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.
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Falcon Heights Townhomes2 Bed, 2.5 Bath, Plus Den2BR,2.5BA$1.57
Cottage Grove at St. Mary's TownhomesLive Oak2BR,1BA$1.89
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.40
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.30
The Vista at South BroadwayFelix1BR,1BA$1.92
EastGate ApartmentsA1-701BR,1BA$1.89
The IdaFurnished 1B1B1BR,1BA$1.81
DM Communities - Rochester219 StudiosStudio ,1BA$1.24
Meadow Park ApartmentsOne Bedroom1BR,1BA$1.56

Quick Rent Budget Calculator

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Frequently Asked Questions about Spring Valley

What type of rentals are currently available in Spring Valley?

There are currently 37 Apartments for Rent in Spring Valley, MN with pricing that ranges from $700 to $7,779. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Valley ranging from $700 to $3,500.

What is the current price range for Rental Homes in Spring Valley?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Spring Valley ranges from $700 to $3,500 with an average monthly rent of $2,012.

How much are larger Three and Four Bedroom Rentals in Spring Valley?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Spring Valley range from $1,200 to $3,376, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,950.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.