Cheap Homes for Rent in Floodwood, MN from $600 (9 Rentals)

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Floodwood, MN Local Guide

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. Canal Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $775. Here is today’s list of the most affordable Floodwood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Canal ApartmentsEfficiencyStudio,1BA$775
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$927

Best Value Apartments for Rent in Floodwood, MN and Nearby

As of May 26, 2025 the best value apartment in the Floodwood area is the $1.20 price per square foot 3 Bed Model at Tropicana Apartments in the in the East End neighborhood starting from $1,800. The second greatest value Floodwood apartment is the 2 Bedroom 1 Bath 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 Floodwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tropicana Apartments3 Bed3BR,2BA$1.20
Ridgewood Apartments2 Bedroom 1 Bath2BR,1BA$1.51
Summit Ridge Luxury ApartmentsPark Point3BR,2BA$0.64
MORGAN PARK ESTATES2 Bedroom 2 Bathroom - Split2BR,2BA$1.76
Lincoln Park ApartmentsTwo Bedroom2BR,1BA$1.24
Village at Matterhorn2 Bedroom Income Restricted2BR,1BA$1.06
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$1.58
14th Street ApartmentsStudioStudio ,1BA$1.86
Canal ApartmentsEfficiencyStudio ,1BA$1.72

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Frequently Asked Questions about Floodwood

What type of rentals are currently available in Floodwood?

There are currently 35 Apartments for Rent in Floodwood, MN with pricing that ranges from $700 to $3,279. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Floodwood ranging from $675 to $3,495.

What is the current price range for Rental Homes in Floodwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Floodwood ranges from $675 to $3,495 with an average monthly rent of $1,993.

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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.