Cheap Apartments for Rent in Iron, MN from $500 (20 Rentals)

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

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.

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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.

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Lincoln Place Apartments
1 to 2 Bedroom Apartments

Lincoln Place Apartments

801 McKinley AveEveleth, MN 55734
Senior Living
  • Utilities Included

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.

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Iron, MN Local Guide

Cheapest Available Iron Apartments for Rent and Nearby

 

The cheapest available apartment rental in Iron, MN is a 1 Bed unit found at Meadowview Apartments priced from $700. Mountain Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $701. Here is today’s list of the most affordable Iron apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$701
Alice Nettell Towers1 BedroomStudio,$741
5739 Marble AveEfficiencyStudio,1BA$750
Meadowbrook Apartments1 Bed + 1 Bath1BR,1BA$795

Best Value Apartments for Rent in Iron, MN and Nearby

As of September 19, 2025 the best value apartment in the Iron area is the $1.23 price per square foot 2 Bed Model at Tropicana Apartments in the in the East End neighborhood starting from $1,600. The second greatest value Iron apartment is the 2 Bedroom- 1 Bath In Unit Laundry & Storage Unit Model at Ridgewood Apartments starting at $1,795 with a $1.51 price per square foot in the Duluth Heights neighborhood. Here is today’s list of the best values for Iron apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tropicana Apartments2 Bed2BR,2BA$1.23
Ridgewood Apartments2 Bedroom- 1 Bath In Unit Laundry & Storage Unit2BR,1BA$1.51
Summit Ridge Luxury ApartmentsPark Point3BR,2BA$0.64
Village at Matterhorn2 Bedroom Market Rate2BR,1BA$1.17
The Androy Apartments2 Bedroom2BR,1BA$1.09
Alice Nettell Towers1 BedroomStudio ,$0.99
Meadowbrook Apartments1 Bed + 1 Bath1BR,1BA$1.14
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
5739 Marble AveEfficiencyStudio ,1BA$1.36
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$1.40

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

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Frequently Asked Questions about Cheap Iron Apartments

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

The lowest price for a Cheap One Bedroom Iron Apartment is $700 at Meadowview Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Iron is starting from $750 at Meadowview Apartments.

What is the most affordable Iron Three Bedroom Apartment?

The best deal on a cheap Iron Three Bedroom Apartment rental is at Village at Matterhorn and starts from $1,635.

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.