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Studio Apartments for Rent in Alexandria, MN

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    Starting at $1,150 Plus Fees

    • Studio - 2 Beds

    917 4th Ave E, Alexandria, MN 56308

    Welcome to Park and 3rd — Alexandria’s newest luxury apartment community designed for elevated everyday living. Thoughtfully crafted with modern finishes, stylish interiors, and premium amenities, Park and 3rd brings a fresh, sophisticated living experience to the heart of the city.Residents will enjoy beautifully designed apartment homes featuring upscale kitchens, spacious layouts, in-home

    Park and 3rd Lofts

    917 4th Ave E, Alexandria, MN 56308
  • /29

    Starting at $995 Plus Fees

    • Studio - 4 Beds

    1825 Oakview Ave SE, Alexandria, MN 56308

    Hillside Apartments | Now Leasing in Alexandria, MNWelcome to Hillside Apartments, offering thoughtfully designed studio, one, two, three, and four-bedroom apartment homes in one of Alexandria's newest communities.Designed around connection and convenience, Hillside Apartments offers one of Alexandria's most extensive amenity packages, giving residents spaces to relax, stay

    Hillside Apartments

    1825 Oakview Ave SE, Alexandria, MN 56308
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    Starting at $820 Plus Fees

    • Studio - 2 Beds

    2008 Runestone Ave, Alexandria, MN 56308

    Twenty 08 Apartments is a brand new building with 64 new units. This is a market-rate community in Alexandria, MN. This building has Studio, 1, and 2-bedroom units. Opening May 1, 2026. Twenty 08 has open floor plans with spacious living. These units come with a full appliance package with a washer-dryer in each unit. This property has a community room available for the tenants and guests to

    Twenty08 Apartments

    2008 Runestone Ave, Alexandria, MN 56308
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    Starting at $938

    Total Monthly Price

    • Studio - 2 Beds

    716 Darling Ave, Alexandria, MN 56308

    Welcome to a fresh chapter of comfortable, connected living in beautiful Alexandria. This brand-new 55+ apartment community offers thoughtfully designed homes just moments from the scenic shores of Lake Agnes—where peaceful lake views, walkable streets, and a vibrant small-town atmosphere come together.Choose from stylish studio, one-bedroom, and two-bedroom apartments designed with

    Trailside Apartments - 55+ Community

    716 Darling Ave, Alexandria, MN 56308
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    Starting at $927 Plus Fees

    • Studio - 4 Beds

    1770 10th Ave E, Alexandria, MN 56308

    Newer apartment buildings with many modern amenities. The location of these buildings make school drop-offs and pick-ups a breeze with the convenient underpass walking tunnel that leads right to Woodland Elementary School. Along with being located right off McKay Avenue, tenants can enjoy an easy commute to either side of town within minutes. These buildings feature Studio, 1-bedroom, 2-bedroom,

    10th Avenue Apartments

    1770 10th Ave E, Alexandria, MN 56308
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    Starting at $997 Plus Fees

    • Studio - 3 Beds

    2106 Runestone Ave, Alexandria, MN 56308

    Central Lake Apartments is a brand new 37 unit market rate community in Alexandria, MN with Studio, 1, 2 and 3 bedroom units. Opening March 1, 2021. Central Lakes is a well-constructed with spacious living, open floor plans, a full appliance package which includes a washer dryer in unit. It has a community room available which creates opportunities for tenants to get together or to invite guests.

    Central Lakes

    2106 Runestone Ave, Alexandria, MN 56308
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    Starting at $995 Plus Fees

    • Studio - 2 Beds

    4727 Arbor Crossing SE, Alexandria, MN 56308

    Have your best life at Granite Manor & Runestone, otherwise known as Stone Manor! Located in Alexandria, these two complexes embody the spice of life. One, two and three bedroom apartment homes that have all the amenities of the city, with a down-home, country feel. A variety of floor plans are available to accommodate single tenants and families, with beautiful landscapes, decks and patio

    Granite Manor/Runestone

    4727 Arbor Crossing SE, Alexandria, MN 56308
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    Starting at $850 Plus Fees

    • Studio - 1 Bed

    910 34th Ave W, Alexandria, MN 56308

    North Valley Apartments – 910 34th Ave W, AlexandriaFreshly Renovated Studio and One Bedroom ,Units | From $875.00-$1,100/Mo. *All Utilities Included* A New Chapter BeginsNorth Valley Apartments is undergoing a full refresh—inside and out. Units are being updated with modern finishes, and the entire property is getting a rebrand! Move in now and be part of the

    North Valley Apartments

    910 34th Ave W, Alexandria, MN 56308

Why Live in Alexandria

Alexandria, Minnesota, is a lakefront tourist town in West Central Minnesota, known for its scenic beauty and vibrant community life. The city has grown from a population of 7,000 to 15,000 over the past 50 years, with new housing developments in neighborhoods like Feltanderson and employment opportunities at Alomere Health, a 127-bed medical facility. Alexandria's main commercial thoroughfare, Broadway Street, is bustling with activity, especially in the summer when tourists flock to the area for its lakefront resorts, golf clubs, and various events. Year-round residents enjoy activities such as ice fishing and snowmobiling during the winter months. The city is surrounded by over 300 bodies of water, including Lake Carlos, Lake Darling, and Lake Le Homme Dieu, offering boating, fishing, and walking trails. Housing styles in Alexandria range from historic homes dating back to the 1890s to midcentury ranch-style homes and new constructions with spacious garages. The crime rates are consistently below national and state averages, making it a safer than average area. The Alexandria Public School District is highly rated, providing a range of educational opportunities, including the CAPS program for career-related experiences. Downtown Alexandria features historic buildings with boutique stores, antique shops, and diverse dining options, while larger retail stores are located in Viking Plaza Mall and Midway Mall. The city hosts numerous events, such as the Vikingland Band Festival, Art in the Park, and the Grape Stomp Festival at Carlos Creek Winery. Alexandria is approximately 130 miles from Minneapolis and 115 miles from Fargo, accessible via Interstate 94.

Frequently Asked Questions

How much does it cost to rent a home in Alexandria, MN?
The median rent for a home in Alexandria, MN is $1,532 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Alexandria, MN?
To comfortably afford the median rent in Alexandria, MN, a household needs to earn roughly $61,280 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,532 per month in Alexandria, MN, renters typically need to show $4,596 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Alexandria, MN?
In Alexandria, MN, the price-to-rent ratio is 19.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,532
Median Single Family Home Rent
$1,736
Median Condo Rent
$1,100
How to Rent a Home