Cheap Apartments for Rent in Tofte, MN from $500 (26 Rentals)

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

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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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.

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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.

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801 W 5th St
2 to 3 Bedroom Apartments

801 W 5th St

801 W 5th StGrand Marais, MN 55604
  • Utilities Included

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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Tofte, MN Local Guide

Cheapest Available Tofte Apartments for Rent and Nearby

 

The cheapest available apartment rental in Tofte, MN is a Studio unit found at Alice Nettell Towers priced from $741. 20 W 3rd St in the Spirit Valley-Denfeld-Norton Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Tofte apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Alice Nettell Towers1 BedroomStudio,$741
20 W 3rd StG1BR,1BA$850
The Virginian ApartmentsTwo Bed2BR,1BA$895
YorkleighSTUDIOStudio,1BA$895
CityView FlatsStudioStudio,1BA$1,000
Brewery Creek Apartments2 Bedroom with Den2BR,1BA$1,000
Duluth Board of Trade - LoftsOne Bedroom One Bathroom1BR,1BA$1,075
Gunflint VueAlcove B.2 60%1BR,1BA$1,091
Village Place Apartments2 Bedroom Income Restricted2BR,1BA$1,100
Highland Village Apartments1BR KNOLL1BR,1BA$1,215

Best Value Apartments for Rent in Tofte, MN and Nearby

As of June 16, 2025 the best value apartment in the Tofte area is the $1.23 price per square foot 2 Bed Model at Tropicana Apartments in the in the East End neighborhood starting from $1,600. The second greatest value Tofte apartment is the 2 Bedroom- br Model at The Harbours starting at $1,895 with a $1.56 price per square foot in the Spirit Valley-Denfeld-Norton Park neighborhood. Here is today’s list of the best values for Tofte apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tropicana Apartments2 Bed2BR,2BA$1.23
The Harbours2 Bedroom- br2BR,2BA$1.56
Brewery Creek Apartments2 Bedroom with Den2BR,1BA$0.92
Village Place Apartments2 Bedroom Market Rate2BR,1BA$1.30
The Virginian ApartmentsTwo Bed2BR,1BA$1.10
Highland Village Apartments1BR KNOLL1BR,1BA$1.59
Alice Nettell Towers1 BedroomStudio ,$0.99
20 W 3rd StG1BR,1BA$1.13
Kenwood Village1 Bedroom + 1 Bath1BR,1BA$2.09
CityView FlatsStudioStudio ,1BA$2.07

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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 Tofte, MN

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Frequently Asked Questions about Cheap Tofte Apartments

What is the Cheapest Studio apartment in Tofte?

Currently the most affordable Cheap Studio Apartment in Tofte is at Alice Nettell Towers listed at $741.

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

The lowest price for a Cheap One Bedroom Tofte Apartment is $850 at 20 W 3rd St.

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

Today's best deal for a Cheap Two Bedroom Apartment in Tofte is starting from $895 at The Virginian Apartments.

What is the most affordable Tofte Three Bedroom Apartment?

The best deal on a cheap Tofte Three Bedroom Apartment rental is at Tropicana Apartments and starts from $1,800.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.

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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.