
Cheap Apartments for Rent in Canyon, MN from $700 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Canyon.


14th Street Apartments

CityView Flats

Village at Matterhorn

The Acres on Arrowhead

Village Place Apartments

Highland Village Apartments

Capstone Apartments

917 1/2 E 6th St
Canyon, MN Local Guide

How much does it cost to rent an apartment in Canyon?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Canyon Studio Apartments | $1,232 | $750 | $1,545 |
Canyon 1 Bedroom Apartments | $1,660 | $1,015 | $2,082 |
Canyon 2 Bedroom Apartments | $2,025 | $858 | $3,531 |
Canyon 3 Bedroom Apartments | $2,629 | $1,495 | $3,319 |
Browse Top Apartments in Canyon
See all Apartments in CanyonExplore Canyon
Canyon, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Canyon Apartments for Rent and Nearby
 The cheapest available apartment rental in Canyon, MN is a 2 Beds unit found at Brewery Creek Apartments in the East End neighborhood priced from $858. CityView Flats in the Spirit Valley-Denfeld-Norton Park neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Canyon apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brewery Creek Apartments | 2 Bedroom-Style 1 | 2BR,1BA | $858 |
CityView Flats | Studio | Studio,1BA | $1,000 |
Village at Matterhorn | 2 Bedroom Income Restricted | 2BR,1BA | $1,015 |
521 W 2nd Street - Leijona | 0BR/1.0BA | Studio,1BA | $1,100 |
Village Place Apartments | 2 Bedroom Income Restricted | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in Canyon, MN and Nearby
As of March 14, 2025 the best value apartment in the Canyon area is the $1.66 price per square foot Two Bedroom with Den Model at Aery in the in the Airpark neighborhood starting from $2,595. The second greatest value Canyon apartment is the 3 Bed Model at Tropicana Apartments starting at $1,800 with a $1.20 price per square foot in the East End neighborhood. Here is today’s list of the best values for Canyon apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Aery | Two Bedroom with Den | 2BR,2BA | $1.66 |
Tropicana Apartments | 3 Bed | 3BR,2BA | $1.20 |
Campus Park | Brewer | 5BR,2BA | $0.46 |
Ridgewood Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.51 |
Summit Ridge Luxury Apartments | Park Point | 3BR,2BA | $0.64 |
Deerfield Townhomes | 2 Bed 1.5 Bath | 2BR,1.5BA | $1.65 |
Village Place Apartments | 2 Bedroom Market Rate | 2BR,1BA | $1.30 |
Village at Matterhorn | 2 Bedroom Income Restricted | 2BR,1BA | $1.06 |
Highland Village Apartments | 2BR915SF | 2BR,1BA | $1.55 |
Brewery Creek Apartments | 2 Bedroom-Style 2 | 2BR,1BA | $1.16 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Canyon, MN Rentals by Map
See the most popular apartments and homes in Canyon, MN
Frequently Asked Questions about Cheap Canyon Apartments
What is the Cheapest Studio apartment in Canyon?
Currently the most affordable Cheap Studio Apartment in Canyon is at CityView Flats listed at $1,000.
How much is rent for a Cheap One Bedroom Canyon Apartment?
The lowest price for a Cheap One Bedroom Canyon Apartment is $1,135 at 14th Street Apartments.
What is the lowest price for a Cheap Two Bedroom Canyon Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Canyon is starting from $858 at Brewery Creek Apartments.
What is the most affordable Canyon Three Bedroom Apartment?
The best deal on a cheap Canyon Three Bedroom Apartment rental is at 14th Street Apartments and starts from $1,495.
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.

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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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.

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.