
Cheap Homes for Rent in the Riverwood Neighborhood of Hastings, MN from $1,995 (2 Rentals)
Search the lowest-cost Homes available for rent right now in the Riverwood area of Hastings.

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.

624 Pleasant Dr
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.
Riverwood, Hastings, MN Local Guide

How much does it cost to rent a home in Riverwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwood 3 Bedroom Homes for Rent | $2,797 | $1,995 | $3,600 |
| Riverwood 4 Bedroom Homes for Rent | $2,627 | $2,500 | $2,755 |
Browse Homes for Rent in this Neighborhood
There are currently 2 rentals with your search options within a 2 mile radius of the Riverwood Neighborhood of Hastings, MN.
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Riverwood, Hastings, MN Local Guide
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Best Value Apartments for Rent in Riverwood, MN
As of August 26, 2026 the best value apartment in the Riverwood area is the $1.45 price per square foot 1450 Whispering Ct Model at 1450 Whispering Ct, Unit 4 in the in the Dakota Hills neighborhood starting from $1,450. The second greatest value Riverwood apartment is the 1708 Ashland St Model at 1708 Ashland St, Unit Apt #2 starting at $1,600 with a $1.68 price per square foot in the Dakota Hills neighborhood. Here is today’s list of the best values for Riverwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1450 Whispering Ct, Unit 4 | 1450 Whispering Ct | 3BR,1BA | $1.45 |
| 1708 Ashland St, Unit Apt #2 | 1708 Ashland St | 2BR,1BA | $1.68 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Hidden Valley Apartments | Two Bedroom/One Bath | 2BR,1BA | $1.37 |
| Current33 | Oxbow (B1) | 1BR,1BA | $2.12 |
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.
Pet Friendly LifestyleRiverwood, Hastings, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Frequently Asked Questions about Riverwood
What type of rentals are currently available in Riverwood?
There are currently 51 Apartments for Rent in Riverwood, MN with pricing that ranges from $1,058 to $2,256. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverwood ranging from $1,995 to $3,600.
What is the current price range for Rental Homes in Riverwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverwood ranges from $1,995 to $3,600 with an average monthly rent of $2,740.
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.

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.

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.