Cheap Apartments for Rent near Steen, MN from $500 (51 Rentals)

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

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.

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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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • 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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City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
  • Utilities Included
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included
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Eagle Creek Apartments
Studio to 3 Bedroom Apartments

Eagle Creek Apartments

106 S Sandstone AveBrandon, SD 57005
Corporate Housing
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4801 E 41st St
1 to 2 Bedroom Apartments

4801 E 41st St

4801 E 41st StSioux Falls, SD 57110
  • 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.

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PrairiE Lofts A and B
1 to 2 Bedroom Apartments

PrairiE Lofts A and B

124 W Hatting StLuverne, MN 56156
  • Utilities Included

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.

Steen, MN Local Guide

Cheapest Available Steen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Steen, MN is a Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. Harper Point Apartments in the Southeast Sioux Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Steen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$775
Dublin Square Apartments and TownhomesStudio Bedroom / 1 BathroomStudio,1BA$775
Grand Teton Estates Apartments1BR/1.0BA1BR,1BA$775
Willows South CommonsStudioStudio,1BA$825
Briarwood Reserve Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$840
Willows Edge CommonsApartment Style StudioStudio,1BA$845
Foss Fields AscentThe Willow1BR,1BA$860
Silverthorne Flats1EStudio,1BA$893
Split Rock Village Apartments & TownhomesApartment StudioStudio,1BA$895

Best Value Apartments for Rent in Steen, MN and Nearby

As of July 24, 2026 the best value apartment in the Steen area is the $1.15 price per square foot 3 Beds, 2.5 baths Model at Sundance Ridge Townhomes in the in the Southeast Sioux Falls neighborhood starting from $1,650. The second greatest value Steen apartment is the 2 Bedroom 2 Bathroom Apartment Model at Graystone Heights Luxury Apartments starting at $1,435 with a $1.23 price per square foot in the Southeast Sioux Falls neighborhood. Here is today’s list of the best values for Steen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sundance Ridge Townhomes3 Beds, 2.5 baths3BR,2.5BA$1.15
Graystone Heights Luxury Apartments2 Bedroom 2 Bathroom Apartment2BR,2BA$1.23
Willows EastTownhome 2 Bedroom 1.5 Bathroom2BR,1.5BA$1.30
Augusta Townhomes2 Bedroom 2 Bathroom2BR,2BA$1.23
Sunrise Apartments2B/1B2BR,1BA$1.08
The Current1 Bedroom 1 Bathroom Den Accessible1BR,1BA$1.29
Bentley Park1 Bedroom 1 Bathroom Upper Level1BR,1BA$1.09
Hillview ApartmentsApartment Style 2 Bedroom 1 Bathroom2BR,1BA$1.09
Grand Teton Estates Apartments1BR/1.0BA1BR,1BA$1.24
Harper Point Apartments1 Bed, 1 Bath1BR,1BA$1.25

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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Quick 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.

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

Explore Steen, MN Rentals by Map

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Frequently Asked Questions about Cheap Steen Apartments

What is the Cheapest Studio apartment in Steen?

Currently the most affordable Cheap Studio Apartment in Steen is at Ridgeview Place Apartments listed at $599.

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

The lowest price for a Cheap One Bedroom Steen Apartment is $775 at Harper Point Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Steen is starting from $800 at Grand Teton Estates Apartments.

What is the most affordable Steen Three Bedroom Apartment?

The best deal on a cheap Steen Three Bedroom Apartment rental is at Foss Fields Ascent and starts from $1,325.

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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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.

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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.