Cheap Apartments for Rent in the Downtown Grand Forks Neighborhood of Grand Forks, ND from $500 (12 Rentals)

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

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The Beacon CLO
Studio to 3 Bedroom Apartments

The Beacon CLO

150 N 8th StGrand Forks, ND 58203
  • Utilities Included
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Lumber Exchange
1 to 3 Bedroom Apartments

Lumber Exchange

800 N 3rd StGrand Forks, ND 58203
  • Utilities Included
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Peerless Apartments
2 to 3 Bedroom Apartments

Peerless Apartments

118 N 3rd StGrand Forks, ND 58203
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Widlund Building
Studio to 1 Bedroom Apartments

Widlund Building

12 3rd St SGrand Forks, ND 58201
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Markham Apartments
1 to 2 Bedroom Apartments

Markham Apartments

615 1st Ave SGrand Forks, ND 58201
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 $800. The Beacon CLO has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Downtown Grand Forks apartments for rent in Grand Forks, ND:

Apartment ListingModel NameBed/BathPriced From
Block V1BR/1BA1BR,1BA$800
The Beacon CLOBarn 1B/1B1BR,1BA$1,150
Northern Heights Apartments2B/2B2BR,2BA$1,455
Lumber Exchange3B/2B/HCA3BR,2BA$1,810

Best Value Apartments for Rent in Downtown Grand Forks, ND

As of October 30, 2025 the best value apartment in the Downtown Grand Forks area is the $1.28 price per square foot 3B/2B/HCA Model at Lumber Exchange in the in the Downtown Grand Forks neighborhood starting from $1,810. The second greatest value Downtown Grand Forks apartment is the 4BR/1BA Model at Block V starting at $1,525 with a $1.09 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.
Lumber Exchange3B/2B/HCA3BR,2BA$1.28
Block V4BR/1BA4BR,1BA$1.09
Northern Heights Apartments3B/2B3BR,2BA$1.32
University Flats Apartments1B/1B/HIF 80%1BR,1BA$1.18
The Beacon CLOBarn 1B/1B1BR,1BA$1.64

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Pet Friendly Lifestyle
Downtown Grand Forks, Grand Forks, ND

Ranked #1

Among cities in North Dakota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Downtown Grand Forks Neighborhood in Grand Forks, ND

Walk Score®

76 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

76 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

29 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Downtown Grand Forks Apartments

What is the price of a cheap apartment in Downtown Grand Forks?

The cheapest apartment in Downtown Grand Forks is Block V which is listed at $800, while the average apartment in Downtown Grand Forks costs $1,952.

What types of apartments are the cheapest in Downtown Grand Forks?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Downtown Grand Forks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.