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

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

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Oak Island, MN Local Guide

Cheapest Available Oak Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Oak Island, MN is a 1 Bed unit found at White House and Blair House priced from $626. Broadway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here is today’s list of the most affordable Oak Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
White House and Blair HouseBlair House Single Bedroom1BR,1BA$626
Broadway Apartments1 bedroom 1 bath1BR,1BA$650
Northwood Commons1 Bedroom1BR,1BA$688
Oakwood HomesTownhomes2BR,1BA$713
Block VSTUDIO/1BAStudio,1BA$775

Best Value Apartments for Rent in Oak Island, MN and Nearby

As of April 20, 2025 the best value apartment in the Oak Island area is the $0.70 price per square foot 3 bedroom Townhome Model at Fisher Townhomes in the starting from $1,013. The second greatest value Oak Island apartment is the 2 Bedroom 1 Bath Model at Crookston Townhomes starting at $866 with a $0.66 price per square foot . Here is today’s list of the best values for Oak Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fisher Townhomes3 bedroom Townhome3BR,1.5BA$0.70
Crookston Townhomes2 Bedroom 1 Bath2BR,1.5BA$0.66
Heritage Terrace Townhomes2 bedroom2BR,1BA$0.66
River Falls EstatesUnit 3042BR,2BA$1.09
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$0.97
Prairie RoseThree Bedroom Apartment3BR,1BA$1.05
Block V1BR/1BA1BR,1BA$1.00
Country Acres Apartment19182BR,1BA$1.03
Oakwood HomesApartment1BR,1BA$1.02
Broadway Apartments1 bedroom 1 bath1BR,1BA$0.93

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Explore Oak Island, MN Rentals by Map

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See the most popular apartments and homes in Oak Island, MN

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Frequently Asked Questions about Cheap Oak Island Apartments

How much is rent for a Cheap One Bedroom Oak Island Apartment?

The lowest price for a Cheap One Bedroom Oak Island Apartment is $626 at White House and Blair House.

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

Today's best deal for a Cheap Two Bedroom Apartment in Oak Island is starting from $713 at Oakwood Homes.

What is the most affordable Oak Island Three Bedroom Apartment?

The best deal on a cheap Oak Island Three Bedroom Apartment rental is at Broadway Apartments and starts from $875.

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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.