Cheap Apartments for Rent in Stephen, MN from $400 (24 Rentals)

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Tamarac 55+
Studio to 2 Bedroom Apartments

Tamarac 55+

900 Lincoln AveStephen, MN 56757
Senior Living
  • 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.

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First Street Estates
$940 - $1,120
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $1,075
Required Monthly Fees
$45

Total Monthly Price
$940 - $1,120
1 to 2 Bedroom Apartments Available Now

First Street Estates

1611 1st St WThief River Falls, MN 56701
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Green Acres Apartments
1 to 3 Bedroom Apartments

Green Acres Apartments

1800 5th Ave NEEast Grand Forks, MN 56721
  • Utilities Included
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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Stephen, MN Local Guide

Cheapest Available Stephen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Stephen, MN is a 2 Beds unit found at Dakota at 55th priced from $646. Oakwood Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $713. Here is today’s list of the most affordable Stephen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dakota at 55th2 Bed 1 Bath2BR,1BA$646
Oakwood HomesTownhomes2BR,1BA$713
Block V1BR/1BA1BR,1BA$800
Parkwood Apartments2 Bedroom2BR,1BA$825
Heritage Terrace Townhomes2 bedroom2BR,1BA$870

Best Value Apartments for Rent in Stephen, MN and Nearby

As of December 12, 2025 the best value apartment in the Stephen area is the $1.09 price per square foot 4BR/1BA Model at Block V in the in the Downtown Grand Forks neighborhood starting from $1,525. The second greatest value Stephen apartment is the 2 bedroom Model at Heritage Terrace Townhomes starting at $870 with a $0.69 price per square foot . Here is today’s list of the best values for Stephen apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Block V4BR/1BA4BR,1BA$1.09
Heritage Terrace Townhomes2 bedroom2BR,1BA$0.69
Northern Heights Apartments2 Bed/2 Bath | 1,067 - 1137 SF2BR,2BA$1.29
West River Falls110-2172BR,1BA$1.20
Campus Place ApartmentsCP6 - 2 Bed/1 Bath | 1,055 SF2BR,1BA$1.25
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$0.98
Parkwood Apartments2 Bedroom2BR,1BA$0.86
Dakota at 55th2 Bed 1 Bath2BR,1BA$0.71
CARRINGTON COURT1 Bed1BR,1BA$1.20
Oakwood HomesApartment1BR,1BA$1.02

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Getting Around Stephen, MN

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

30 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Stephen Apartments

What is the Cheapest Studio apartment in Stephen?

Currently the most affordable Cheap Studio Apartment in Stephen is at Franklin on 4th listed at $1,100.

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

The lowest price for a Cheap One Bedroom Stephen Apartment is $766 at Oakwood Homes.

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

Today's best deal for a Cheap Two Bedroom Apartment in Stephen is starting from $646 at Dakota at 55th.

What is the most affordable Stephen Three Bedroom Apartment?

The best deal on a cheap Stephen Three Bedroom Apartment rental is at Dakota at 55th and starts from $740.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.