Cheap Apartments for Rent in the Downtown Grand Forks Neighborhood of Grand Forks, ND from $500 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Grand Forks area of Grand Forks.

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.

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Widlund Building
Studio to 1 Bedroom Apartments

Widlund Building

12 3rd St SGrand Forks, ND 58201
  • Utilities Included
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Alcott Manor
1 to 2 Bedroom Apartments

Alcott Manor

1224 Walnut StGrand Forks, ND 58201
Senior Living
  • Utilities Included
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President
Studio to 1 Bedroom Apartments

President

210 N 6th StGrand Forks, ND 58203
  • Utilities Included
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Stratford Block
1 to 2 Bedroom Apartments

Stratford Block

311-317 Demers AveGrand Forks, ND 58201
  • Utilities Included
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The Current Apartments
1 to 2 Bedroom Apartments

The Current Apartments

215 1st Ave NGrand Forks, ND 58203
  • Utilities Included

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.

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Louise
1 to 2 Bedroom Apartments

Louise

2113 13th Ave NGrand Forks, ND 58203
  • Utilities Included
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Ryan House
1 Bedroom Apartments

Ryan House

23 N 3rd StGrand Forks, ND 58203
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220-210 Gateway Dr NW
1 to 2 Bedroom Apartments

220-210 Gateway Dr NW

220-210 Gateway Dr NWEast Grand Forks, MN 56721
  • Utilities Included
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Evergreen Estates
1 to 2 Bedroom Apartments

Evergreen Estates

210 Gateway Dr NWEast Grand Forks, MN 56721
  • Utilities Included

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.

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Town Square Apartments
1 to 2 Bedroom Apartments

Town Square Apartments

208 2nd St NWEast Grand Forks, MN 56721
Senior Living
  • Utilities Included

Downtown Grand Forks, Grand Forks, ND Local Guide

Cheapest Available Downtown Grand Forks Apartments for Rent

 

The cheapest available apartment rental in the Downtown Grand Forks area of Grand Forks, ND is a 1 Bed unit found at Block V priced from $875. Northern Heights Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,455. Here are the most affordable Downtown Grand Forks apartments for rent in Grand Forks, ND:

Apartment ListingModel NameBed/BathPriced From
Block V1BR/1BA1BR,1BA$875
Northern Heights Apartments2 Bed/2 Bath | 1,067 - 1137 SF2BR,2BA$1,455
The Beacon CLO2B/2B Condo A2BR,2BA$2,000

Best Value Apartments for Rent in Downtown Grand Forks, ND

As of May 01, 2026 the best value apartment in the Downtown Grand Forks area is the $1.41 price per square foot 2B/2B Condo A Model at The Beacon CLO in the in the Downtown Grand Forks neighborhood starting from $2,000. The second greatest value Downtown Grand Forks apartment is the 4BR/1BA Model at Block V starting at $2,000 with a $1.43 price per square foot in the Downtown Grand Forks neighborhood. Here is today’s list of the best values for Downtown Grand Forks apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Beacon CLO2B/2B Condo A2BR,2BA$1.41
Block V4BR/1BA4BR,1BA$1.43
Northern Heights Apartments2 Bed/2 Bath | 1,067 - 1137 SF2BR,2BA$1.29

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Frequently Asked Questions about Cheap Downtown Grand Forks Apartments

What is the lowest price for a Cheap Two Bedroom Downtown Grand Forks Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Grand Forks is starting from $1,455 at Northern Heights Apartments.

What is the most affordable Downtown Grand Forks Three Bedroom Apartment?

The best deal on a cheap Downtown Grand Forks Three Bedroom Apartment rental is at Block V and starts from $1,650.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.