
Cheap Apartments for Rent in the Downtown Grand Forks Neighborhood of Grand Forks, ND from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Grand Forks area of Grand Forks.


University Flats Apartments

Wellington Townhomes

Northern Heights Apartments

Block V

Widlund Building
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.

Lumber Exchange

Peerless Apartments

Markham Apartments

Minnesota Heights Apartments

Heritage Highlands

Northern Pacific Apartments
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.
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 | $1,110 | $900 | $1,250 |
| Downtown Grand Forks 1 Bedroom Apartments | $1,392 | $975 | $1,900 |
| Downtown Grand Forks 2 Bedroom Apartments | $1,567 | $750 | $2,650 |
| Downtown Grand Forks 3 Bedroom Apartments | $1,805 | $1,040 | $2,345 |
| Downtown Grand Forks 4 Bedroom Apartments | $2,237 | $2,000 | $2,475 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 2 mile radius of the Downtown Grand Forks Neighborhood of Grand Forks, ND.
See all Apartments in Grand ForksExplore Grand Forks
Downtown Grand Forks, Grand Forks, ND Local Guide
- Nearby Grand Forks neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Heritage Highland II Townhomes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $929. 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 |
| Heritage Highland II Townhomes | 2 bedroom | 2BR,1BA | $929 |
| The Beacon CLO | 1B/1B A | 1BR,1BA | $1,560 |
| Northern Heights Apartments | 3 Bed/2 Bath | 1,337 SF | 3BR,2BA | $1,670 |
Best Value Apartments for Rent in Downtown Grand Forks, ND
As of June 16, 2026 the best value apartment in the Downtown Grand Forks area is the $1.43 price per square foot 4BR/1BA Model at Block V in the in the Downtown Grand Forks neighborhood starting from $2,000. The second greatest value Downtown Grand Forks apartment is the 3 Bed/2 Bath | 1,334 SF Model at Northern Heights Apartments starting at $1,670 with a $1.25 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. |
|---|---|---|---|
| Block V | 4BR/1BA | 4BR,1BA | $1.43 |
| Northern Heights Apartments | 3 Bed/2 Bath | 1,334 SF | 3BR,2BA | $1.25 |
| Heritage Highland II Townhomes | 2 bedroom | 2BR,1.5BA | $0.74 |
| The Beacon CLO | 1B/1B A | 1BR,1BA | $1.67 |
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 price of a cheap apartment in Downtown Grand Forks?
The cheapest apartment in Downtown Grand Forks is Block V which is listed at $875, while the average apartment in Downtown Grand Forks costs $2,000.
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 1 regular apartments in Downtown Grand Forks that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Grand Forks?
Cheap apartments in Downtown Grand Forks have an average cost of $115 which is $1,885 cheaper than the average rent for all rentals in Downtown Grand Forks.
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.