
Cheap Apartments for Rent near Vermillion, MN from $878 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Vermillion.


10661 Heron Ave S

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The Groves Apartments

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Westview Village Apartments

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Woodland Park Apartments

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Rosewood Manor

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Voyageur Estates

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Hidden Valley Apartments

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Centennial & Heritage Apartments
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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Rosewood Crossing Apartments

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Current33

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The Landing at Amber Fields

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Lake Isabel Flats

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Wicklowe Apartments

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Monument Ridge Estates

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Valley Pond

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Copper at Rosecott
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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Hearthstone Apartments and Townhomes

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The Aurilla Apartments

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Waterford Commons

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The Morrison

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Grove80 Apartments

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ReNew at the Grove

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The Crossings at Inver Woods Apts & Townhomes

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The Emery Apartments

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Rye Apartments
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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Cottages of Cottage Grove

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Avalon Apartments & Townhomes

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Orchard Place Apartments

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The Edison at Spirit

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The Nash Rosemount

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Livery Modern Apartments

Bluestem

River Ridge Apartments

Croft at Rosecott
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.

551 18th St E

Hinton Heights

Vermillion Shores II

The Quill 55+ Apartments

288 Court St S

Springs At Cobblestone Lake

15539 Float Ln

118 6th St W

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

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 | $1,445 | $1,200 | $1,655 |
| Vermillion 1 Bedroom Apartments | $1,674 | $1,058 | $2,200 |
| Vermillion 2 Bedroom Apartments | $2,311 | $878 | $2,800 |
| Vermillion 3 Bedroom Apartments | $2,786 | $1,054 | $3,275 |
| Vermillion 4 Bedroom Apartments | $3,489 | $2,199 | $3,650 |
Browse Top Apartments in Vermillion
See all Apartments in VermillionExplore Vermillion
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. Park Place I Apartments in the Silverwood neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $878. 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 |
| Park Place I Apartments | Two Bedroom Floor Plan | 2BR,1BA | $878 |
| Croft at Rosecott | Driftwood | 1BR,1BA | $1,192 |
| Hidden Valley Apartments | Two Bedroom/One Bath | 2BR,1BA | $1,200 |
| Centennial & Heritage Apartments | 2 BD/1 BA (715) | 2BR,1BA | $1,250 |
| Rosewood Crossing Apartments | 2870 1 Bed 1 Bath Front View | 1BR,1BA | $1,275 |
| Rosewood Manor | 2 Bedroom | 2BR,1BA | $1,295 |
| Current33 | Harbor (A1) | Studio,1BA | $1,330 |
| Hinton Heights | 1 Bed 1 Bath | 1BR,1BA | $1,335 |
| Wicklowe Apartments | Killarney | Studio,1BA | $1,364 |
Best Value Apartments for Rent in Vermillion, MN and Nearby
As of September 10, 2026 the best value apartment in the Vermillion area is the $1.77 price per square foot Two Bedroom Model at The Emery Apartments in the in the Wood Hill neighborhood starting from $2,225. The second greatest value Vermillion apartment is the 2 Bedroom 2 Bath + Fireplace Model at Voyageur Estates starting at $1,845 with a $1.77 price per square foot in the Glendale Heights 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. |
|---|---|---|---|
| The Emery Apartments | Two Bedroom | 2BR,2BA | $1.77 |
| Voyageur Estates | 2 Bedroom 2 Bath + Fireplace | 2BR,2BA | $1.77 |
| The Landing at Amber Fields | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.46 |
| ReNew at the Grove | B2 | 2BR,1BA | $1.61 |
| 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 |
| Hinton Heights | 1 Bed 1 Bath | 1BR,1BA | $1.78 |
| Bluestem | Wild Indigo - One Bedroom | 1BR,1BA | $1.60 |
| Park Place I Apartments | Two Bedroom Floor Plan | 2BR,1BA | $1.33 |
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 ArticleNavigating 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.
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 $878 at Park Place I Apartments.
What is the most affordable Vermillion Three Bedroom Apartment?
The best deal on a cheap Vermillion Three Bedroom Apartment rental is at The Landing at Amber Fields and starts from $1,638.
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.

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.

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.

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.
