Cheap Apartments for Rent in Stephen, MN from $500 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in Stephen.

307 Shiply Ave E

Valley Park Apartments

Dakota at 55th

Southern Manor Apartments
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.

405 Crocker Ave S

Green Acres Apartments

Forest Park Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Heritage Terrace Townhomes

West River Falls

Heritage Highlands

Wheatland Estates

Heritage Highland II Townhomes

Wellington Townhomes

First Street Estates
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.

Campus Place CLO

Fieldhouse at Memorial Village

Northwood Park Townhomes

The Gallery Apartments

401 N 4th St

101 Willow St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Emerald Square**FULLY RENOVATED APARTMENTS!**

202 7th Ave S

Columbia Square South *RENOVATED APARTMENTS!*

Warehouse & Freighthouse Apartments
Stephen, MN Local Guide

How much does it cost to rent an apartment in Stephen?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Stephen Studio Apartments | $862 | $850 | $875 |
Stephen 1 Bedroom Apartments | $937 | $670 | $2,209 |
Stephen 2 Bedroom Apartments | $1,352 | $626 | $3,000 |
Stephen 3 Bedroom Apartments | $1,610 | $570 | $2,950 |
Stephen 4 Bedroom Apartments | $2,367 | $1,525 | $3,641 |
Browse Top Apartments in Stephen
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Stephen, MN Local Guide
- Nearby Cities
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Cheapest Available Stephen Apartments for Rent and Nearby
 The cheapest available apartment rental in Stephen, MN is a 2 Beds unit found at Valley Park Apartments in the Downtown Grand Forks neighborhood priced from $626. 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Valley Park Apartments | 2 Bedroom A | 2BR,1BA | $626 |
Oakwood Homes | Townhomes | 2BR,1BA | $713 |
Block V | STUDIO/1BA | Studio,1BA | $775 |
715 N 40th St | 1 Bed Model A | 1BR,1BA | $825 |
West River Falls | 110-106 | Studio,1BA | $875 |
Wheatland Estates | 1 Bed, 1 bath | 1BR,1BA | $895 |
Minnesota Heights Apartments | 2B 1B | 2BR,1BA | $1,250 |
Mallview Apartments | 2A | 2BR,1BA | $1,415 |
CARRINGTON COURT | 2 Bed End | 2BR,2BA | $1,575 |
McEnroe Place Apartments | 3 Bed 2 Bath | 1248 sqft | 3BR,2BA | $1,745 |
Best Value Apartments for Rent in Stephen, MN and Nearby
As of June 10, 2025 the best value apartment in the Stephen area is the $1.26 price per square foot 2 Bed End Model at CARRINGTON COURT in the starting from $1,575. The second greatest value Stephen apartment is the 3 Bed 2 Bath | 1248 sqft Model at McEnroe Place Apartments starting at $1,745 with a $1.40 price per square foot in the Downtown Grand Forks neighborhood. Here is today’s list of the best values for Stephen apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
CARRINGTON COURT | 2 Bed End | 2BR,2BA | $1.26 |
McEnroe Place Apartments | 3 Bed 2 Bath | 1248 sqft | 3BR,2BA | $1.40 |
Minnesota Heights Apartments | 2B 1B | 2BR,1BA | $1.29 |
Mallview Apartments | 2A | 2BR,1BA | $1.47 |
The Verge Grand Forks | 2BR/2BA | 2BR,2BA | $0.81 |
Block V | STUDIO/1BA | Studio ,1BA | $0.97 |
715 N 40th St | 1 Bed Model A | 1BR,1BA | $1.04 |
Oakwood Homes | Apartment | 1BR,1BA | $1.02 |
Wheatland Estates | 1 Bed, 1 bath | 1BR,1BA | $1.49 |
Valley Park Apartments | 1 Bedroom B | 1BR,1BA | $1.28 |
Quick Rent Budget Calculator
How much rent can you afford?
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Stephen, MN
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Stephen Apartments
How much is rent for a Cheap One Bedroom Stephen Apartment?
The lowest price for a Cheap One Bedroom Stephen Apartment is $662 at Valley Park Apartments.
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 $626 at Valley Park Apartments.
What is the most affordable Stephen Three Bedroom Apartment?
The best deal on a cheap Stephen Three Bedroom Apartment rental is at Block V and starts from $1,000.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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.

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.

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.