Cheap Apartments for Rent in Cambridge, MN from $700 (7 Rentals)

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Search the lowest-cost Apartments available for rent right now in Cambridge.

Cambridge, MN Local Guide

Cheapest Neighborhoods for Apartments in Cambridge, MN

Pricing Updated: 04/14/2025

Current apartment rentals in the Cambridge, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Cambridge Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Isanti Northern Suburbs$7,900$1,10010

Cheapest Available Cambridge Apartments for Rent and Nearby

 

The cheapest available apartment rental in Cambridge, MN is a Studio unit found at The 601 Apartments in the Isanti Northern Suburbs neighborhood priced from $1,095. Northern Oaks Apartments in the Isanti Northern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,142. Here is today’s list of the most affordable Cambridge apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The 601 ApartmentsStudioStudio,1BA$1,095
Northern Oaks Apartments2 Bedroom2BR,1BA$1,142
The Lodge at Oak LandingStudio One BathroomStudio,1BA$1,205

Best Value Apartments for Rent in Cambridge, MN and Nearby

As of April 14, 2025 the best value apartment in the Cambridge area is the $1.37 price per square foot 3 Bedroom (60%) Model at The Bridgewell Apartments in the in the Isanti Northern Suburbs neighborhood starting from $1,596. The second greatest value Cambridge apartment is the B2 Model at Rum River Apartments starting at $1,370 with a $1.39 price per square foot in the Isanti Northern Suburbs neighborhood. Here is today’s list of the best values for Cambridge apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bridgewell Apartments3 Bedroom (60%)3BR,1.75BA$1.37
Rum River ApartmentsB22BR,1BA$1.39
Northern Oaks Apartments2 Bedroom2BR,1BA$1.52
Evergreen Apartment HomesA11BR,1BA$1.81
The Lodge at Oak LandingStudio One BathroomStudio ,1BA$2.13
The 601 ApartmentsStudioStudio ,1BA$2.58

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Location, Location, Location!

Explore Cambridge, MN Rentals by Map

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Getting Around Cambridge, MN

Walk Score®

44 / 100

Car-Dependent

Most errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Cambridge Apartments

What is the Cheapest Studio apartment in Cambridge?

Currently the most affordable Cheap Studio Apartment in Cambridge is at The 601 Apartments listed at $1,095.

How much is rent for a Cheap One Bedroom Cambridge Apartment?

The lowest price for a Cheap One Bedroom Cambridge Apartment is $1,265 at Evergreen Apartment Homes.

What is the lowest price for a Cheap Two Bedroom Cambridge Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Cambridge is starting from $1,142 at Northern Oaks Apartments.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.