
Cheap Apartments for Rent near Vermillion, MN from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Vermillion.


Westview Village Apartments

Rosewood Manor

Voyageur Estates

Hidden Valley Apartments

Rosewood Crossing Apartments

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Wicklowe Apartments

The Landing at Amber Fields

551 18th St E
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.

Current 33

Centennial & Heritage Apartments

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Lake Isabel Flats

Monument Ridge Estates

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Hearthstone Apartments and Townhomes

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Copper at Rosecott Now Open

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Grove80 Apartments

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Valley Pond

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The Morrison
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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ReNew at the Grove

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The Crossings at Inver Woods Apts & Townhomes

Woodland Park Apartments

The Emery Apartments

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Waterford Commons

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The Aurilla Apartments

Cottages of Cottage Grove

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The Edison at Spirit
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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The Nash Rosemount

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Rye Apartments

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Avalon Apartments & Townhomes

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Livery Modern Apartments

Bluestem

River Ridge Apartments

Croft at Rosecott

Vermillion Shores II

Hinton Heights
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.

Springs At Cobblestone Lake

2894 138th St W

The Quill 55+ Apartments

1101 2nd St W

504 Juliet Dr

7762 79th St S

14764 Excelsior Ln

220 1st St

12710 Granger Ct
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.

7155 126th St W

6824 Meadow Grass Ln S

15753 Flackwood Ave

The Residence at The Confluence
Vermillion, MN Local Guide

How much does it cost to rent an apartment in Vermillion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vermillion Studio Apartments | $1,410 | $1,200 | $1,603 |
| Vermillion 1 Bedroom Apartments | $1,598 | $1,058 | $2,249 |
| Vermillion 2 Bedroom Apartments | $2,077 | $1,200 | $2,838 |
| Vermillion 3 Bedroom Apartments | $2,411 | $1,054 | $2,858 |
| Vermillion 4 Bedroom Apartments | $2,199 | $2,199 | $2,199 |
Browse Top Apartments in Vermillion
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Vermillion, MN Local Guide
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Cheapest Available Vermillion Apartments for Rent and Nearby
 The cheapest available apartment rental in Vermillion, MN is a Studio unit found at Bluestem in the Silverwood neighborhood priced from $691. Croft at Rosecott in the Glendalough neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,192. Here is today’s list of the most affordable Vermillion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bluestem | Prairie Rose - Studio | Studio,1BA | $691 |
| Croft at Rosecott | Driftwood | 1BR,1BA | $1,192 |
| Hidden Valley Apartments | Two Bedroom/One Bath | 2BR,1BA | $1,200 |
| Wicklowe Apartments | Carrick | Studio,1BA | $1,289 |
| Rosewood Manor | 2 Bedroom | 2BR,1BA | $1,295 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1,295 |
| Rosewood Crossing Apartments | 2860 1 Bed 1 Bath Front View | 1BR,1BA | $1,325 |
| Current 33 | Harbor (A1) | Studio,1BA | $1,330 |
| Centennial & Heritage Apartments | 2 BD/1 BA (720) | 2BR,1BA | $1,350 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Vermillion, MN and Nearby
As of July 27, 2026 the best value apartment in the Vermillion area is the $1.18 price per square foot 3 Bedroom 2 bathdrooms Town Home Model at Woodland Park Apartments in the in the Silverwood neighborhood starting from $1,513. The second greatest value Vermillion apartment is the 2 BR Grand Overlook Model at Springs At Cobblestone Lake starting at $2,082 with a $1.75 price per square foot in the Glendalough neighborhood. Here is today’s list of the best values for Vermillion apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Park Apartments | 3 Bedroom 2 bathdrooms Town Home | 3BR,2BA | $1.18 |
| Springs At Cobblestone Lake | 2 BR Grand Overlook | 2BR,2BA | $1.75 |
| The Landing at Amber Fields | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.57 |
| ReNew at the Grove | B2 | 2BR,1BA | $1.61 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Hidden Valley Apartments | Two Bedroom/One Bath | 2BR,1BA | $1.37 |
| Monument Ridge Estates | Avalon | 1BR,1BA | $1.75 |
| Rosewood Manor | 2 Bedroom | 2BR,1BA | $1.62 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1.78 |
| Bluestem | Wild Indigo - One Bedroom | 1BR,1BA | $1.60 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Vermillion, MN Rentals by Map
See the most popular apartments and homes in Vermillion, MN
Frequently Asked Questions about Cheap Vermillion Apartments
What is the Cheapest Studio apartment in Vermillion?
Currently the most affordable Cheap Studio Apartment in Vermillion is at Bluestem listed at $691.
How much is rent for a Cheap One Bedroom Vermillion Apartment?
The lowest price for a Cheap One Bedroom Vermillion Apartment is $811 at Bluestem.
What is the lowest price for a Cheap Two Bedroom Vermillion Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Vermillion is starting from $1,200 at Hidden Valley Apartments.
What is the most affordable Vermillion Three Bedroom Apartment?
The best deal on a cheap Vermillion Three Bedroom Apartment rental is at Woodland Park Apartments and starts from $1,513.
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

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.

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.

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.

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.
