
Cheap Apartments for Rent in the Downtown Grand Forks Neighborhood of Grand Forks, ND from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Grand Forks area of Grand Forks.


Block V

University Flats Apartments

Wellington Townhomes

Franklin on 4th

The Beacon CLO

Northern Heights Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Widlund Building

Alcott Manor

President

Stratford Block

Gateway

The Current Apartments

The Aurora on Griggs Square
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Louise

Faul 4-Plex

Ryan House

323 Seward Ave

Pure North

Medical Arts Townhomes

Warehouse & Freighthouse Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

732 N 5th St

306 Demers Ave

Heritage Highland II Townhomes

Minnesota Heights Apartments

220-210 Gateway Dr NW

Evergreen Estates

Town Square Apartments
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.

Heritage Highlands
Downtown Grand Forks, Grand Forks, ND Local Guide

How much does it cost to rent an apartment in Downtown Grand Forks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Grand Forks Studio Apartments | $1,092 | $900 | $1,250 |
| Downtown Grand Forks 1 Bedroom Apartments | $1,304 | $525 | $1,900 |
| Downtown Grand Forks 2 Bedroom Apartments | $1,689 | $929 | $2,150 |
| Downtown Grand Forks 3 Bedroom Apartments | $1,834 | $1,040 | $2,345 |
| Downtown Grand Forks 4 Bedroom Apartments | $2,237 | $2,000 | $2,475 |
Browse Apartments in this Neighborhood
There are currently 29 rentals with your search options within a 2 mile radius of the Downtown Grand Forks Neighborhood of Grand Forks, ND.
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Downtown Grand Forks, Grand Forks, ND Local Guide
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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 Studio unit found at Block V priced from $850. University Flats Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $870. Here are the most affordable Downtown Grand Forks apartments for rent in Grand Forks, ND:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Block V | STUDIO/1BA | Studio,1BA | $850 |
| University Flats Apartments | 1B/1B/HIF 80% | 1BR,1BA | $870 |
| Northern Heights Apartments | 3 Bed/2 Bath | 1,334 SF | 3BR,2BA | $1,670 |
| The Beacon CLO | 2B/2B Condo A | 2BR,2BA | $2,000 |
Best Value Apartments for Rent in Downtown Grand Forks, ND
As of August 01, 2026 the best value apartment in the Downtown Grand Forks area is the $1.42 price per square foot 2B/2B Condo C Model at The Beacon CLO in the in the Downtown Grand Forks neighborhood starting from $2,150. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Beacon CLO | 2B/2B Condo C | 2BR,2BA | $1.42 |
| Block V | 4BR/1BA | 4BR,1BA | $1.43 |
| Northern Heights Apartments | 3 Bed/2 Bath | 1,334 SF | 3BR,2BA | $1.25 |
| University Flats Apartments | 1B/1B/HIF 80% | 1BR,1BA | $1.20 |
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.
Best Local Schools in Downtown Grand Forks, Grand Forks, ND
School data provided by Great Schools
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 $1,300 at Block V.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.