
Cheap Homes for Rent in Vermillion, MN from $1,500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Vermillion.


2894 138th St W

20505 Erin 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.

76 Meggan Dr

15711 Fjord Ave

14260 Empire Ave
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.
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 | $2,037 | $1,725 | $2,700 |
| Vermillion 3 Bedroom Homes for Rent | $2,400 | $1,545 | $3,600 |
| Vermillion 4 Bedroom Homes for Rent | $2,634 | $1,950 | $3,200 |
| Vermillion 5 Bedroom Homes for Rent | $3,597 | $3,095 | $4,099 |
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 1 Bed unit found at Woodland Park Apartments in the Silverwood neighborhood priced from $989. Hidden Valley Apartments in the Dakota Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Vermillion apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodland Park Apartments | 1 Bedroom 1 bathroom | 1BR,1BA | $989 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1,000 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1,150 |
Best Value Apartments for Rent in Vermillion, MN and Nearby
As of December 27, 2025 the best value apartment in the Vermillion area is the $1.63 price per square foot 4BR/1.5BA Model at The Commons in the in the Cahill Corridor neighborhood starting from $2,000. The second greatest value Vermillion apartment is the 2 Bedroom 1.75 Bath Model at Voyageur Estates starting at $1,875 with a $1.76 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 Commons | 4BR/1.5BA | 4BR,1.5BA | $1.63 |
| Voyageur Estates | 2 Bedroom 1.75 Bath | 2BR,1.75BA | $1.76 |
| The Landing at Amber Fields | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.66 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Monument Ridge Estates | Avalon | 1BR,1BA | $1.73 |
| Centennial & Heritage Apartments | 1 bedroom | 1BR,1BA | $1.41 |
| Hearthstone Apartments and Townhomes | C | 1BR,1BA | $1.70 |
| Woodland Park Apartments | 1 Bedroom 1 bathroom | 1BR,1BA | $1.30 |
| Hinton Heights | 1 Bed 1 Bath | 1BR,1BA | $1.83 |
| Hidden Valley Apartments | One Bedroom/One Bath | 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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 40 Apartments for Rent in Vermillion, MN with pricing that ranges from $666 to $3,271. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Vermillion ranging from $1,545 to $4,099.
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 $1,545 to $4,099 with an average monthly rent of $2,667.
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 $3,271, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,545 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,000.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!