
Cheap Apartments for Rent in Grand Rapids, MN from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Grand Rapids.


212 NE 3rd Ave

Riverview Apartments

River Hills Apartments

112 SW 21st St

Grand Manor II

Alpine Apartments

2601 Airport Rd

River South Apartments

Oakwood Terrace III Townhomes
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.

Forest Park West Apartments

Lakeshore Place

Oakwood Terrace II Townhomes

29366 Pine Ridge Rd

115 3rd St S

Park Apartments

Laurentian Apartments

1022 Comstock Dr

109 3rd Ave

Ivy Manor 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.

Meadowview Apartments

Mountain Manor Apartments

Deering Manor - Section 8: 62+ ,Handicapped,

5739 Marble Ave

Silverwood Apartments

Meadowbrook Apartments

Marlin Manor

2918 2nd Avenue east

Total Monthly Price
Park Villa Apartments

2023 7th Ave E
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.

Hilltop Manor

14th Street Apartments

Total Monthly Price
Eastview Apartments

Total Monthly Price
Bunker Hill Apartments

Lofts on Novotny Apartment Homes

Cedar Street Complex

Total Monthly Price
Oakwood Estates

City View Apartments

1324 M St NE

Condor Apartments - Section 8 community
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.

The Androy Apartments

Crosby Country Apartments

Alice Nettell Towers

The Virginian Apartments

921 4th Ave NE

1115 6th Ave NE

1311 8th Ave NE

30917 S Oak St

726 Fayal Rd

Train Bell Resort
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.
Grand Rapids, MN Local Guide

How much does it cost to rent an apartment in Grand Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Rapids Studio Apartments | $891 | $475 | $1,230 |
| Grand Rapids 1 Bedroom Apartments | $876 | $550 | $1,640 |
| Grand Rapids 2 Bedroom Apartments | $1,220 | $625 | $1,940 |
| Grand Rapids 3 Bedroom Apartments | $1,447 | $1,290 | $1,730 |
Browse Top Apartments in Grand Rapids
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Grand Rapids, MN Local Guide
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Cheapest Available Grand Rapids Apartments for Rent and Nearby
 The cheapest available apartment rental in Grand Rapids, MN is a Studio unit found at 115 3rd St S priced from $475. Laurentian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Grand Rapids apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 115 3rd St S | Studio/Efficiency | Studio,1BA | $475 |
| Laurentian Apartments | Studio | 1BR,1BA | $600 |
| Park Apartments | 2 Bed/1 Bath | 2BR,1BA | $625 |
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $701 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $715 |
| 5739 Marble Ave | 1 Bedroom | 1BR,1BA | $760 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $793 |
| Canal Apartments | Efficiency | Studio,1BA | $800 |
| Crosby Country Apartments | Studio | 1BR,1BA | $815 |
Best Value Apartments for Rent in Grand Rapids, MN and Nearby
As of July 19, 2026 the best value apartment in the Grand Rapids area is the $1.47 price per square foot 2 Bedroom Model at 14th Street Apartments in the in the Carlton County neighborhood starting from $1,395. The second greatest value Grand Rapids apartment is the 2 Bedroom Model at Ivy Manor Apartments starting at $958 with a $1.05 price per square foot . Here is today’s list of the best values for Grand Rapids apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 14th Street Apartments | 2 Bedroom | 2BR,1BA | $1.47 |
| Ivy Manor Apartments | 2 Bedroom | 2BR,1BA | $1.05 |
| 5739 Marble Ave | 2 Bedroom | 2BR,1BA | $1.13 |
| Marlin Manor | Marlin Manor, 2 bed, 1 bath. | 2BR,1BA | $1.17 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
| Silverwood Apartments | 1 Bedroom | 1BR,1BA | $1.30 |
| Park Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.04 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.22 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.40 |
| 115 3rd St S | 1 Bed/ 1 Bath | 1BR,1BA | $1.21 |
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 Grand Rapids, MN
Forest Lake Elementary
Grand Rapids Senior High
Robert J. Elkington Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Grand Rapids, MN Rentals by Map
See the most popular apartments and homes in Grand Rapids, MN
Frequently Asked Questions about Cheap Grand Rapids Apartments
What is the Cheapest Studio apartment in Grand Rapids?
Currently the most affordable Cheap Studio Apartment in Grand Rapids is at 115 3rd St S listed at $475.
How much is rent for a Cheap One Bedroom Grand Rapids Apartment?
The lowest price for a Cheap One Bedroom Grand Rapids Apartment is $575 at 115 3rd St S.
What is the lowest price for a Cheap Two Bedroom Grand Rapids Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Grand Rapids is starting from $625 at Park Apartments.
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.

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.

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.