
Cheap Homes for Rent near Grand Rapids, MN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Grand Rapids.


17193 Lisa Ct

921 4th Ave NE
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.

1115 6th Ave NE

1311 8th Ave NE

30917 S Oak St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

726 Fayal Rd
Grand Rapids, MN Local Guide

How much does it cost to rent a home in Grand Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Grand Rapids 2 Bedroom Homes for Rent | $1,307 | $930 | $1,950 |
| Grand Rapids 3 Bedroom Homes for Rent | $1,856 | $1,150 | $2,695 |
| Grand Rapids 4 Bedroom Homes for Rent | $3,747 | $3,495 | $4,000 |
| Grand Rapids 5 Bedroom Homes for Rent | $2,920 | $2,545 | $3,295 |
Browse Top Homes for Rent 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 $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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 115 3rd St S | Studio/Efficiency | Studio,1BA | $495 |
| Laurentian Apartments | Studio | 1BR,1BA | $600 |
| Park Apartments | 2 Bed/1 Bath | 2BR,1BA | $625 |
Best Value Apartments for Rent in Grand Rapids, MN and Nearby
As of August 04, 2026 the best value apartment in the Grand Rapids area is the $1.05 price per square foot 2 Bedroom Model at Ivy Manor Apartments in the starting from $958. The second greatest value Grand Rapids apartment is the 2 Bedroom Model at 22569 Main St starting at $1,250 with a $1.39 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. |
|---|---|---|---|
| Ivy Manor Apartments | 2 Bedroom | 2BR,1BA | $1.05 |
| 22569 Main St | 2 Bedroom | 2BR,1BA | $1.39 |
| 5739 Marble Ave | 2 Bedroom | 2BR,1BA | $1.13 |
| Marlin Manor | Marlin Manor, 2 bed, 1 bath. | 2BR,1BA | $1.17 |
| Meadowbrook Apartments | 1 Bed + 1 Bath | 1BR,1BA | $1.14 |
| 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 |
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 School
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!
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See the most popular apartments and homes in Grand Rapids, MN
Frequently Asked Questions about Grand Rapids
What type of rentals are currently available in Grand Rapids?
There are currently 59 Apartments for Rent in Grand Rapids, MN with pricing that ranges from $495 to $4,500. There are also 25 Single Family Homes for rent, Condos, and Townhome rentals currently available in Grand Rapids ranging from $850 to $4,000.
What is the current price range for Rental Homes in Grand Rapids?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Grand Rapids ranges from $850 to $4,000 with an average monthly rent of $2,012.
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.

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.

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.