
Cheap Homes for Rent in Spring Valley, MN from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Spring Valley.


28 6th Ave SE

1513 2nd St NE
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

819 6th Ave SE

1732 2nd Ave 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 a home in Spring Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Spring Valley 2 Bedroom Homes for Rent | $1,648 | $1,250 | $2,200 |
| Spring Valley 3 Bedroom Homes for Rent | $1,964 | $1,495 | $2,350 |
| Spring Valley 4 Bedroom Homes for Rent | $2,927 | $2,050 | $4,600 |
| Spring Valley 5 Bedroom Homes for Rent | $3,550 | $3,200 | $3,900 |
Browse Top Homes for Rent in Spring Valley
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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 1 Bed unit found at 105 Main St S priced from $675. Hillside Apartments in the Meadow Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Spring Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Hillside Apartments | Studio | Studio,1BA | $900 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,125 |
Best Value Apartments for Rent in Spring Valley, MN and Nearby
As of June 20, 2026 the best value apartment in the Spring Valley area is the $1.57 price per square foot 3 Bed, 2.5 Bath Model at Falcon Heights Townhomes in the in the East Rochester neighborhood starting from $2,200. The second greatest value Spring Valley apartment is the 4BR/2.5BA Model at 318 Commons starting at $1,950 with a $1.50 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. |
|---|---|---|---|
| Falcon Heights Townhomes | 3 Bed, 2.5 Bath | 3BR,2.5BA | $1.57 |
| 318 Commons | 4BR/2.5BA | 4BR,2.5BA | $1.50 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $1.27 |
| Avani Living | Two Bedroom A | 2BR,2BA | $1.65 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| SoRoc on Maine | Birchcrest | 1BR,1BA | $2.11 |
| The Ida | Unfurnished 1B1B | 1BR,1BA | $1.85 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.23 |
| 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!
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Frequently Asked Questions about Spring Valley
What type of rentals are currently available in Spring Valley?
There are currently 45 Apartments for Rent in Spring Valley, MN with pricing that ranges from $450 to $3,875. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Spring Valley ranging from $900 to $4,600.
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 $900 to $4,600 with an average monthly rent of $2,034.
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 $1,345 to $3,875, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,350. Four Bedroom Single-Family rentals are also available starting from $2,050 and Four Bedroom Apartments start at $1,575.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.