
Cheap Homes for Rent near Vermillion, MN from $1,600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Vermillion.


1101 2nd St W

504 Juliet Dr

7762 79th St S

14764 Excelsior Ln
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.

12710 Granger Ct

7155 126th St W

220 1st St

6824 Meadow Grass Ln S

15753 Flackwood Ave
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.
Vermillion, MN Local Guide

How much does it cost to rent a home in Vermillion?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Vermillion 2 Bedroom Homes for Rent | $1,920 | $1,695 | $2,250 |
| Vermillion 3 Bedroom Homes for Rent | $2,428 | $1,600 | $3,850 |
| Vermillion 4 Bedroom Homes for Rent | $2,733 | $2,175 | $3,750 |
| Vermillion 5 Bedroom Homes for Rent | $3,171 | $2,195 | $3,600 |
Browse Top Homes for Rent in Vermillion
Explore Vermillion
Vermillion, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 |
Best Value Apartments for Rent in Vermillion, MN and Nearby
As of July 25, 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 Vermillion
What type of rentals are currently available in Vermillion?
There are currently 43 Apartments for Rent in Vermillion, MN with pricing that ranges from $1,054 to $2,858. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vermillion ranging from $1,600 to $3,850.
What is the current price range for Rental Homes in Vermillion?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Vermillion ranges from $1,600 to $3,850 with an average monthly rent of $2,563.
How much are larger Three and Four Bedroom Rentals in Vermillion?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Vermillion range from $1,054 to $2,858, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $3,850. Four Bedroom Single-Family rentals are also available starting from $2,175 and Four Bedroom Apartments start at $2,199.
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.