
Cheap Homes for Rent in Downtown Grand Forks Neighborhood of Grand Forks, ND from $1,000 (3 Rentals)
Search the lowest-cost Homes 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.

1214 5th Ave N
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.

814 1st Ave NE
Downtown Grand Forks, Grand Forks, ND Local Guide

How much does it cost to rent a home in Downtown Grand Forks?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Grand Forks 3 Bedroom Homes for Rent | $1,420 | $1,420 | $1,420 |
| Downtown Grand Forks 5 Bedroom Homes for Rent | $2,295 | $2,295 | $2,295 |
Browse Homes for Rent in this Neighborhood
There are currently 3 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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Best Value Apartments for Rent in Downtown Grand Forks, ND
As of May 08, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Beacon CLO | 2B/2B Condo A | 2BR,2BA | $1.41 |
| Block V | 4BR/1BA | 4BR,1BA | $1.43 |
| Northern Heights Apartments | 2 Bed/2 Bath | 1,067 - 1137 SF | 2BR,2BA | $1.29 |
| 1206 10th Ave S, Unit 1206 | 1206 10th Ave S | 2BR,1BA | $1.11 |
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 Downtown Grand Forks
What type of rentals are currently available in Downtown Grand Forks?
There are currently 48 Apartments for Rent in Downtown Grand Forks, ND with pricing that ranges from $720 to $2,650. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Grand Forks ranging from $1,095 to $2,295.
What is the current price range for Rental Homes in Downtown Grand Forks?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Grand Forks ranges from $1,095 to $2,295 with an average monthly rent of $1,603.
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

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.

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.

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.

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.