
Cheap Apartments for Rent in Knife River, MN from $700 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Knife River.


Duluth Board of Trade - Lofts

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The Ledge Apartments

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Yorkleigh

Wahldorf

Lesterwood Apartments

CityView Flats

Mount Royal Apartment

Cove 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.

Bridgeman Russell

Village Place Apartments

Zenith

The Acres on Arrowhead ll

2706 W 4th St

817 W 4th St, Unit Apt 1

Highland Village Apartments

Vue at BlueStone

2326 W 6th St, Unit Upper Level Unit
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.

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Chesterwood Apartments

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Baypoint Estates

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Villa Hills

Kenwood Village

4880 Miller Trunk Hwy

1615 N 18th Street

Buckingham Green Apartments

2115 Hughitt Ave

Brewery Creek Apartments
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.

Leijona Apartments

3947 E Calvary Rd

3710 W 4th St

421-423 E 5th St

726 Fayal Rd

1718 Cumming Ave

910 Grand Ave

1701 Baxter Ave

5813 Grand Ave
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Knife River, MN Local Guide

How much does it cost to rent an apartment in Knife River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Knife River Studio Apartments | $1,486 | $785 | $1,859 |
| Knife River 1 Bedroom Apartments | $1,987 | $925 | $2,612 |
| Knife River 2 Bedroom Apartments | $2,641 | $1,270 | $5,822 |
| Knife River 3 Bedroom Apartments | $2,894 | $2,295 | $3,495 |
Browse Top Apartments in Knife River
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Knife River, MN Local Guide
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Cheapest Available Knife River Apartments for Rent and Nearby
 The cheapest available apartment rental in Knife River, MN is a 1 Bed unit found at Wahldorf in the Observation Hill neighborhood priced from $925. CityView Flats in the Observation Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Knife River apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wahldorf | 1 bedroom | 1BR,1BA | $925 |
| CityView Flats | Studio | Studio,1BA | $1,000 |
| Cove Apartments | Cabin | 2BR,1BA | $1,025 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1,100 |
| Baypoint Shoreline | 1 Bedroom - brv REMODEL | 1BR,1BA | $1,550 |
| The Lakeview Residences at 333 | E2 | Studio,1BA | $1,619 |
| ENDI Plaza | Isle Royal | Studio,1BA | $1,685 |
| Tropicana Apartments | 2 Bed | 2BR,2BA | $1,800 |
| The Harbours | 2 Bedroom- br | 2BR,2BA | $1,985 |
| Kenwood Village | 3 Bedroom + 2 Bath | 3BR,2BA | $2,275 |
Best Value Apartments for Rent in Knife River, MN and Nearby
As of June 21, 2026 the best value apartment in the Knife River area is the $2.53 price per square foot Bayfield Model at Arris Duluth in the in the Duluth Heights neighborhood starting from $3,400. The second greatest value Knife River apartment is the 3 Bedroom + 2 Bath Model at Kenwood Village starting at $2,275 with a $1.77 price per square foot in the Rural Duluth neighborhood. Here is today’s list of the best values for Knife River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Arris Duluth | Bayfield | 3BR,2BA | $2.53 |
| Kenwood Village | 3 Bedroom + 2 Bath | 3BR,2BA | $1.77 |
| The Harbours | 2 Bedroom- br | 2BR,2BA | $1.64 |
| Tropicana Apartments | 2 Bed | 2BR,2BA | $1.50 |
| Cove Apartments | Cabin | 2BR,1BA | $1.11 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1.47 |
| Wahldorf | 2 bedroom | 2BR,1BA | $1.73 |
| Baypoint Shoreline | 1 Bedroom - brv REMODEL | 1BR,1BA | $2.12 |
| ENDI Plaza | Isle Royal | Studio ,1BA | $2.84 |
| CityView Flats | Studio | Studio ,1BA | $2.07 |
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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Knife River, MN Rentals by Map
See the most popular apartments and homes in Knife River, MN
Frequently Asked Questions about Cheap Knife River Apartments
What is the Cheapest Studio apartment in Knife River?
Currently the most affordable Cheap Studio Apartment in Knife River is at CityView Flats listed at $1,000.
How much is rent for a Cheap One Bedroom Knife River Apartment?
The lowest price for a Cheap One Bedroom Knife River Apartment is $925 at Wahldorf.
What is the lowest price for a Cheap Two Bedroom Knife River Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Knife River is starting from $1,025 at Cove Apartments.
What is the most affordable Knife River Three Bedroom Apartment?
The best deal on a cheap Knife River Three Bedroom Apartment rental is at Kenwood Village and starts from $2,275.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.