
Cheap Apartments for Rent in Floodwood, MN from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Floodwood.


Silverwood Apartments

The Androy Apartments

Canal Apartments

Lincoln Park Apartments

Deering Manor - Section 8: 62+ ,Handicapped,
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

14th Street Apartments

Riverview Apartments

Westgate Townhomes

Total Monthly Price
Urbane218

The Acres on Arrowhead ll

River Hills Apartments
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.

Village at Matterhorn

2706 W 4th St

Lincoln Park Flats

Highland Village Apartments

Total Monthly Price
Oakwood Estates Apartments

2326 W 6th St, Unit Upper Level Unit
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

112 SW 21st St

1114 E 22nd St

2115 Hughitt Ave

911 NW 8th St

3947 E Calvary Rd

1923 Iowa Ave
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.

1221 Commonwealth Ave

421-423 E 5th St

Fairmount Cottages
Floodwood, MN Local Guide

How much does it cost to rent an apartment in Floodwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Floodwood Studio Apartments | $1,102 | $800 | $1,325 |
| Floodwood 1 Bedroom Apartments | $1,321 | $700 | $1,832 |
| Floodwood 2 Bedroom Apartments | $1,743 | $750 | $2,735 |
| Floodwood 3 Bedroom Apartments | $2,048 | $1,275 | $3,400 |
Browse Top Apartments in Floodwood
See all Apartments in FloodwoodExplore Floodwood
Floodwood, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Floodwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Floodwood, MN is a 1 Bed unit found at Meadowview Apartments priced from $700. Silverwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $793. Here is today’s list of the most affordable Floodwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $793 |
| Canal Apartments | Efficiency | Studio,1BA | $800 |
| Lincoln Park Apartments | 0 Bedroom | Studio,1BA | $849 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $927 |
| Riverview Apartments | TIF - Unit A - Studio | Studio,1BA | $995 |
| The Acres on Arrowhead ll | Unit A - Studio | Studio,1BA | $1,150 |
| 14th Street Apartments | 1 Bedroom | 1BR,1BA | $1,175 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1,200 |
| Lincoln Park Flats | One | 1BR,1BA | $1,425 |
Best Value Apartments for Rent in Floodwood, MN and Nearby
As of June 13, 2026 the best value apartment in the Floodwood area is the $1.77 price per square foot 3 Bedroom + 2 Bath Model at Kenwood Village in the in the Rural Duluth neighborhood starting from $2,275. The second greatest value Floodwood apartment is the 2 Bed Model at Tropicana Apartments starting at $1,800 with a $1.50 price per square foot in the East End neighborhood. Here is today’s list of the best values for Floodwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kenwood Village | 3 Bedroom + 2 Bath | 3BR,2BA | $1.77 |
| Tropicana Apartments | 2 Bed | 2BR,2BA | $1.50 |
| Ridgewood Apartments | 2 Bedroom 1 Bath - | 2BR,1BA | $1.47 |
| Lincoln Park Apartments | 3 Bedroom | 3BR,2BA | $1.59 |
| Village at Matterhorn | 2 Bedroom Market Rate | 2BR,1BA | $1.22 |
| 14th Street Apartments | 1 Bedroom | 1BR,1BA | $1.77 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $1.22 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.58 |
| Canal Apartments | Efficiency | Studio ,1BA | $1.78 |
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Floodwood, MN Rentals by Map
See the most popular apartments and homes in Floodwood, MN
Frequently Asked Questions about Cheap Floodwood Apartments
What is the Cheapest Studio apartment in Floodwood?
Currently the most affordable Cheap Studio Apartment in Floodwood is at Canal Apartments listed at $800.
How much is rent for a Cheap One Bedroom Floodwood Apartment?
The lowest price for a Cheap One Bedroom Floodwood Apartment is $700 at Meadowview Apartments.
What is the lowest price for a Cheap Two Bedroom Floodwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Floodwood is starting from $750 at Meadowview Apartments.
What is the most affordable Floodwood Three Bedroom Apartment?
The best deal on a cheap Floodwood Three Bedroom Apartment rental is at Lincoln Park Apartments and starts from $1,666.
Expert Rental Resources
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.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.