Cheap Apartments for Rent in Olmsted County, MN from $500 (102 Rentals)

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

property at 810 1st St NW

810 1st St NW

OronocoMN55960
property at 110 4th St NE

110 4th St NE

StewartvilleMN55976
property at 1120 4th St SE

1120 4th St SE

RochesterMN55904
property at 19 12th St NW

19 12th St NW

RochesterMN55901
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The Ida
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from $1,1501 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
  • Verified
  • Utilities Included
  • Smoke Free
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Cheapest Available Olmsted County Apartments for Rent

 

The cheapest available apartment rental in Olmsted County, MN is a 1 Bed unit found at DM Communities - Rochester in the Meadow Park neighborhood priced from $550. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here is today’s list of the most affordable Olmsted County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
DM Communities - Rochester219 Apartments1BR,1BA$550
The Colby1bd/1ba1BR,1BA$850
Heritage Manor ApartmentsDaisyStudio,1BA$855
Olympik Village ApartmentsZeus1BR,1BA$859
Hillside ApartmentsStudioStudio,1BA$860
Chester Estates1BR/1.0BA1BR,1BA$895
Forte Living of Rochester: 55+ Community!Blue JayStudio,1BA$937

Best Value Apartments for Rent in Olmsted County, MN

As of March 22, 2025 the best value apartment in the Olmsted County area is the $1.05 price per square foot 3 BD/1.5 BA Model at The Brittany's Apartments and Townhomes in the in the Kutzky Park neighborhood starting from $1,750. The second greatest value Olmsted County apartment is the 2BR Model at Broadway Plaza - Mayo Clinic starting at $1,700 with a $1.07 price per square foot in the Meadow Park neighborhood. Here is today’s list of the best values for Olmsted County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Brittany's Apartments and Townhomes3 BD/1.5 BA3BR,1.5BA$1.05
Broadway Plaza - Mayo Clinic2BR2BR,2.5BA$1.07
Georgetowne Homes3 Bedroom3BR,2BA$1.18
Winchester Apartments & TownhomesPemberton3BR,1.5BA$1.20
864 9th Ave SE, Unit 1864 9th Ave SE1BR,1BA$1.08
15 12th Ave NW, Unit 315 12th Ave NW1BR,1BA$1.11
1245 3rd Ave SW, Unit 21245 3rd Ave SW2BR,1BA$1.16
River Glen1 Bedroom1BR,1BA$1.22
1143 1st St NW, Unit 3051143 1st St NW1BR,1BA$1.08
DM Communities - RochesterUptown Court Apartment1BR,1BA$1.13

Frequently Asked Questions about Cheap Olmsted County Apartments

What is a cheap apartment in Olmsted County?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Olmsted County is under $937.

What is the price of a cheap apartment in Olmsted County?

The cheapest apartment in Olmsted County is DM Communities - Rochester which is listed at $550, while the average apartment in Olmsted County costs $4,550.

What types of apartments are the cheapest in Olmsted County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 1,286 regular apartments in Olmsted County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Olmsted County?

Cheap apartments in Olmsted County have an average cost of $236 which is $4,314 cheaper than the average rent for all rentals in Olmsted County.

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

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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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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.

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

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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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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.