Cheap Homes for Rent near Welcome, MN from $700 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Welcome.

property at 101 Park St N

$700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Townhome for Rent

Available Now

101 Park St N, Unit upper

101 Park St N
Minnesota LakeMN56068

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.

property at 312 1st Ave SW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

312 1st Ave SW

WinnebagoMN56098
property at 212 Alta Dr

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Aug 9

212 Alta Dr

MankatoMN56001

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.

property at 325 E Washington St

$1,025

Total Monthly Price

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Condo for Rent

Available Now

325 E Washington St

MankatoMN56001

Welcome, MN Local Guide

Cheapest Available Welcome Apartments for Rent and Nearby

 

The cheapest available apartment rental in Welcome, MN is a 1 Bed unit found at Burt 18-Unit (Countryside Properties) priced from $425. 501 W 1st St S has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Welcome apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burt 18-Unit (Countryside Properties)1 Bedroom1BR,1BA$425
501 W 1st St S2 BED/1 BATH2BR,1BA$600
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701

Best Value Apartments for Rent in Welcome, MN and Nearby

As of August 04, 2026 the best value apartment in the Welcome area is the $1.14 price per square foot 3 Bed 2 Bath Townhome Model at Tallgrass Village in the starting from $1,660. The second greatest value Welcome apartment is the 2BR/2.0BA Model at Windom Landing starting at $975 with a $0.84 price per square foot . Here is today’s list of the best values for Welcome apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tallgrass Village3 Bed 2 Bath Townhome3BR,2BA$1.14
Windom Landing2BR/2.0BA2BR,2BA$0.84
1212 Heckman CtStudioStudio ,1BA$0.83
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$1.04
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.66
Hartshorn Manor1 Bed, 1 bath1BR,1BA$1.12
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
501 W 1st St S1 BED/1 BATH1BR,1BA$0.84

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Welcome, MN Rentals by Map

View Map
Welcome, MN Apartments Map
View Map
Welcome, MN Rental Homes Map

Frequently Asked Questions about Welcome

What type of rentals are currently available in Welcome?

There are currently 84 Apartments for Rent in Welcome, MN with pricing that ranges from $665 to $2,350. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Welcome ranging from $600 to $2,395.

What is the current price range for Rental Homes in Welcome?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Welcome ranges from $600 to $2,395 with an average monthly rent of $1,555.

How much are larger Three and Four Bedroom Rentals in Welcome?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Welcome range from $1,230 to $1,829, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $975.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.