Cheap Apartments for Rent in Grand Rapids, MN from $495 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in Grand Rapids.

property at 212 NE 3rd Ave
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
Studio, 1 Bath Home for Rent
Available Now

212 NE 3rd Ave

Grand RapidsMN55744
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Grand Manor II
1 to 2 Bedroom Apartments

Grand Manor II

227 SW 13th StGrand Rapids, MN 55744
Senior Living
  • Utilities Included
  • Smoke Free
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Alpine Apartments
Studio to 3 Bedroom Apartments

Alpine Apartments

208-212 NE 3rd AveGrand Rapids, MN 55744
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2601 Airport Rd
1 to 2 Bedroom Apartments

2601 Airport Rd

2601 Airport RdGrand Rapids, MN 55744
  • Utilities Included

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.

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Lakeshore Place
1 to 2 Bedroom Apartments

Lakeshore Place

2300 McKinney Lake RdGrand Rapids, MN 55744
  • Utilities Included
property at 1022 Comstock Dr
$624

Total Monthly Price

Base Rent$624

Total Monthly Price$624
1 Bedroom, 1 Bath Home for Rent
Available Now

1022 Comstock Dr

Deer RiverMN56636
property at 109 3rd Ave
$624

Total Monthly Price

Base Rent$624

Total Monthly Price$624
1 Bedroom, 1 Bath Home for Rent
Available Now

109 3rd Ave

BoveyMN55709

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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.

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Park Villa Apartments
$950 - $1,450

Total Monthly Price

Base Rent$950 - $1,450

Total Monthly Price$950 - $1,450
1 to 3 Bedroom Apartments Contact Us For Availability

Park Villa Apartments

8515 Parkvilla DrMountain Iron, MN 55768
Senior Living
  • Verified
  • Customer Reviewed
  • Utilities Included
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Eastview Apartments
$1,030 - $1,225

Total Monthly Price

Base Rent$1,030 - $1,225

Total Monthly Price$1,030 - $1,225
1 to 2 Bedroom Apartments Available Oct 1

Eastview Apartments

100 N Van Buren AveEveleth, MN 55734
Student Housing
  • Verified
  • Customer Reviewed
property at 1102 S 4th Ave W
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
12 Month Lease Term
1 Bedroom, 1 Bath Townhome for Rent
Available Now

1102 S 4th Ave W

VirginiaMN55792

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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.

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The Androy Apartments
1 to 2 Bedroom Apartments

The Androy Apartments

2010 5th Ave EHibbing, MN 55746
  • Utilities Included
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Alice Nettell Towers
Studio Apartments

Alice Nettell Towers

550 N 3rd AveVirginia, MN 55792
Senior Living
  • Utilities Included
property at 612 Adams Ave
$850

Total Monthly Price

Base Rent$850

Total Monthly Price$850
2 Bedroom, 1 Bath Home for Rent
Available Now

612 Adams Ave

EvelethMN55734
property at 17193 Lisa Ct
$930

Total Monthly Price

Base Rent$930

Total Monthly Price$930
2 Bedroom, 1 Bath Home for Rent
Available Sep 14

17193 Lisa Ct

BrainerdMN56401
property at 109 Velkommen St NE
$1,135

Total Monthly Price

Base Rent$1,135

Total Monthly Price$1,135
2 Bedroom, 1 Bath Home for Rent
Available Now

109 Velkommen St NE

StaplesMN56479

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Grand Rapids, MN Local Guide

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 $495. 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 ListingModel NameBed/BathPriced From
115 3rd St SStudio/EfficiencyStudio,1BA$495
Laurentian ApartmentsStudio1BR,1BA$600
Park Apartments2 Bed/1 Bath2BR,1BA$625
Meadowview Apartments1 Bdr-Market Rate1BR,1BA$700
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$701
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$715
Silverwood Apartments1 Bedroom1BR,1BA$793
Canal ApartmentsEfficiencyStudio,1BA$800
Crosby Country ApartmentsStudio1BR,1BA$815
Marlin ManorMarlin Manor, 2 bed, 1 bath.2BR,1BA$820

Best Value Apartments for Rent in Grand Rapids, MN and Nearby

As of September 03, 2026 the best value apartment in the Grand Rapids area is the $0.90 price per square foot 2 Bed + 1 Bath Model at Meadowbrook Apartments in the starting from $895. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowbrook Apartments2 Bed + 1 Bath2BR,1BA$0.90
Ivy Manor Apartments2 Bedroom2BR,1BA$1.05
River South Apartments2 Bedroom2BR,1BA$1.49
5739 Marble Ave2 Bedroom2BR,1BA$1.13
Marlin ManorMarlin Manor, 2 bed, 1 bath.2BR,1BA$1.17
Meadowview Apartments2 Bdr - Subsidized1BR,1BA$1.19
Silverwood Apartments1 Bedroom1BR,1BA$1.30
Park Apartments2 Bed/1 Bath2BR,1BA$1.04
Deering Manor - Section 8: 62+ ,Handicapped,Deering Manor, 1 bed, 1 bath.1BR,1BA$1.22
Mountain Manor Apartments1 Bedroom 1 Bath1BR,1BA$1.40

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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $495.

How much is rent for a Cheap One Bedroom Grand Rapids Apartment?

The lowest price for a Cheap One Bedroom Grand Rapids Apartment is $600 at Laurentian Apartments.

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

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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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.