Cheap Apartments for Rent in Hayward, MN from $400 (27 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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909 E Vine St
1 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060

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Hayward, MN Local Guide

Cheapest Available Hayward Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hayward, MN is a Studio unit found at Shalom Tower II priced from $405. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $450. Here is today’s list of the most affordable Hayward apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shalom Tower IITower I EfficiencyStudio,1BA$405
Key ApartmentsEfficiencyStudio,1BA$450
City Center Kent ApartmentsStudio1BR,1BA$495
18 S Adams AveOne Bedroom1BR,1BA$525
Key West ApartmentsStudioStudio,1BA$550
CityView ApartmentsStudioStudio,1BA$625
Skye Lofts Apartments1 Bedroom Unit1BR,1BA$790
The River Apartments & TownhomesStudio ApartmentStudio,1BA$840
Northern Place Apartments2 Beds, 1 bath2BR,1BA$875
Pilgrim Place Senior Housing (62+)Studio - Rent Based on IncomeStudio,1BA$896

Best Value Apartments for Rent in Hayward, MN and Nearby

As of May 15, 2025 the best value apartment in the Hayward area is the $0.79 price per square foot 3 Bedroom 1.5 Bathrooms Model at Pebble Creek Apartments in the starting from $907. The second greatest value Hayward apartment is the 2B 999 sq.ft. Model at Park Plaza Apartments starting at $1,400 with a $1.40 price per square foot in the Downtown Owatonna neighborhood. Here is today’s list of the best values for Hayward apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pebble Creek Apartments3 Bedroom 1.5 Bathrooms3BR,1.5BA$0.79
Park Plaza Apartments2B 999 sq.ft.2BR,1BA$1.40
The Meadows2 Bedroom 1 Bath2BR,1BA$1.17
Irish Hospital ApartmentsUnit 12BR,1BA$1.35
Lincoln Apartments LLCApt. 172BR,1BA$1.36
City Center Kent Apartments1 Bedroom1BR,1BA$0.74
Shalom Tower IITower II - One Bedroom1BR,1BA$0.70
Webster ApartmentsApt. 102BR,1BA$1.36
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.41
18 S Adams AveOne Bedroom1BR,1BA$0.95

Quick Rent Budget Calculator

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Location, Location, Location!

Explore Hayward, MN Rentals by Map

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See the most popular apartments and homes in Hayward, MN

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Getting Around Hayward, MN

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

29 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Hayward Apartments

What is the Cheapest Studio apartment in Hayward?

Currently the most affordable Cheap Studio Apartment in Hayward is at Shalom Tower II listed at $405.

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

The lowest price for a Cheap One Bedroom Hayward Apartment is $495 at City Center Kent Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Hayward is starting from $800 at Skye Lofts Apartments.

What is the most affordable Hayward Three Bedroom Apartment?

The best deal on a cheap Hayward Three Bedroom Apartment rental is at Pebble Creek Apartments and starts from $907.

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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.