
Cheap Homes for Rent in Floodwood, MN from $900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Floodwood.


2115 Hughitt Ave

911 NW 8th St

3947 E Calvary Rd
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.

1923 Iowa Ave

2706 W 4th St

1221 Commonwealth Ave

421-423 E 5th St
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.

2326 W 6th St, Unit Upper Level Unit
Floodwood, MN Local Guide

How much does it cost to rent a home in Floodwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Floodwood 2 Bedroom Homes for Rent | $1,678 | $915 | $2,400 |
| Floodwood 3 Bedroom Homes for Rent | $2,144 | $1,295 | $3,500 |
| Floodwood 4 Bedroom Homes for Rent | $2,220 | $2,095 | $2,345 |
| Floodwood 5 Bedroom Homes for Rent | $2,321 | $2,185 | $2,495 |
| Floodwood 6 Bedroom Homes for Rent | $3,050 | $3,050 | $3,050 |
Browse Top Homes for Rent in Floodwood
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Floodwood, MN Local Guide
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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 |
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!
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Frequently Asked Questions about Floodwood
What type of rentals are currently available in Floodwood?
There are currently 39 Apartments for Rent in Floodwood, MN with pricing that ranges from $700 to $3,400. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Floodwood ranging from $915 to $3,500.
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 $915 to $3,500 with an average monthly rent of $1,962.
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.