Cheap Apartments for Rent near Stephen, MN from $470 (37 Rentals)

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

property at 307 Shiply Ave E
$490

Total Monthly Price

Base Rent$490
Total Monthly Price$490
1 Bedroom, 1 Bath Home for Rent
Available Now

307 Shiply Ave E

BinfordND58416
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Parkwood Apartments
$695 - $895

Total Monthly Price

Base Rent$695 - $895
Total Monthly Price$695 - $895
12 Month Lease Term
2 Bedroom Apartments Available Now

Parkwood Apartments

624 Kinney Ave NThief River Falls, MN 56701
  • Verified
  • Utilities Included
  • Low Income
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Oakwood Homes
Rent Specials
$766 - $899

Total Monthly Price

Base Rent$766 - $899
Total Monthly Price$766 - $899
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Oakwood Homes

408 Washington Ave WKarlstad, MN 56732
  • Verified
  • Utilities Included
  • Low Income

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.

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Green Acres
$850

Total Monthly Price

Base Rent$850
Total Monthly Price$850
12 Month Lease Term
2 Bedroom Apartments Available Soon

Green Acres

1800 5th Ave NEEast Grand Forks, MN 56721
  • Verified
  • Customer Reviewed
  • 3D Tour
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First Street Estates
$920 - $1,250

Total Monthly Price

Base Rent$920 - $1,250
Total Monthly Price$920 - $1,250
1 to 3 Bedroom Apartments Available Nov 8

First Street Estates

1611 1st St WThief River Falls, MN 56701
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free
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Wheatland Estates
Rent Specials
$995 - $1,095

Total Monthly Price

Base Rent$995 - $1,095
Total Monthly Price$995 - $1,095
2 Bedroom Apartments Available Oct 8

Wheatland Estates

106 Cottonwood Ave NThief River Falls, MN 56701
  • Verified
  • Utilities Included
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West River Falls
$997 - $1,283

Total Monthly Price

Base Rent$997 - $1,283
Total Monthly Price$997 - $1,283
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

West River Falls

210 Ruby Ave NThief River Falls, MN 56701
  • Verified
  • Utilities Included

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property at 215 5th St W
$1,150

Total Monthly Price

Base Rent$1,150
Total Monthly Price$1,150
12 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Now

215 5th St W

Thief River FallsMN56701
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Minnesota Heights Apartments
$1,304 - $1,923

Total Monthly Price

Base Rent$1,304 - $1,923
Total Monthly Price$1,304 - $1,923
12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 16

Minnesota Heights Apartments

316 NW 4th StEast Grand Forks, MN 56721
Corporate Housing
  • Verified
  • Customer Reviewed
  • Smoke Free

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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715 N 40th St
1 to 3 Bedroom Apartments

715 N 40th St

715 N 40th StGrand Forks, ND 58203
  • Utilities Included
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Heritage Highlands
Studio to 3 Bedroom Apartments

Heritage Highlands

1115 3rd Ave NWEast Grand Forks, MN 56721
  • 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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Country View
2 to 3 Bedroom Apartments

Country View

1810 5th Ave NEEast Grand Forks, MN 56721
Showing Results 1-37, Page 1 of 1

Stephen, MN Local Guide

Cheapest Available Stephen Apartments for Rent and Nearby

 

The cheapest available apartment rental in Stephen, MN is a 4 Beds unit found at The Boden priced from $470. Parkwood Senior Living 55+ has the second lowest priced unit, which is a Studio apartment currently listed from $600. Here is today’s list of the most affordable Stephen apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The BodenUnit D4BR,2BA$470
Parkwood Senior Living 55+EFF/1B SMStudio,1BA$600
Dakota at 55th2 Bed 1 Bath2BR,1BA$646
Parkwood Apartments2 Beds, 1 bath2BR,1BA$695
Valley Park Apartments1 Bedroom C1BR,1BA$758
Oakwood Homes1B Apartment1BR,1BA$773
St. Gabriel Apartments2 bed 1 bath2BR,1BA$815
Block VSTUDIO/1BAStudio,1BA$850
West River Falls210-1111BR,1BA$997
Blackmore Flats1DStudio,1BA$1,250

Best Value Apartments for Rent in Stephen, MN and Nearby

As of September 12, 2026 the best value apartment in the Stephen area is the $1.66 price per square foot 2 Bed 2 Bath - High Ceiling Model at EMPIRE in the starting from $2,800. The second greatest value Stephen apartment is the 4BR/1BA Model at Block V starting at $2,000 with a $1.43 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 ListingModel NameBed/BathPrice Per Sq.Ft.
EMPIRE2 Bed 2 Bath - High Ceiling2BR,2BA$1.66
Block V4BR/1BA4BR,1BA$1.43
Northern Heights Apartments3 Bed/2 Bath | 1,334 SF3BR,2BA$1.25
CARRINGTON COURT2 Bed Flat2BR,2BA$1.09
Campus Place ApartmentsCP4 - 3 Bed/2 Bath | 1,240 SF3BR,2BA$1.21
McEnroe Place Apartments3 Bed 2 Bath | 1163 sqft3BR,2BA$1.65
Parkwood Apartments2 Beds, 1 bath2BR,1BA$0.72
The Beacon CLO1B/1B Condo C1BR,1BA$1.70
West River Falls210-1111BR,1BA$1.30
St. Gabriel Apartments2 bed 1 bath2BR,1BA$1.08

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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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.

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

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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 Parkwood Senior Living 55+ listed at $600.

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

The lowest price for a Cheap One Bedroom Stephen Apartment is $875 at Block V.

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 $695 at Parkwood Apartments.

What is the most affordable Stephen Three Bedroom Apartment?

The best deal on a cheap Stephen Three Bedroom Apartment rental is at Campus Place Apartments and starts from $1,502.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.