
Cheap Homes for Rent in Knife River, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Knife River.


424 Grand Ave

1623 E 5th St

327 W 4th St
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.

5018 Tioga St

923 E Central Entrance

4914 St Croix Dr

921 E 8th St
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.

4905 Michigan Dr
Knife River, MN Local Guide

How much does it cost to rent a home in Knife River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Knife River 2 Bedroom Homes for Rent | $1,877 | $1,200 | $3,500 |
| Knife River 3 Bedroom Homes for Rent | $1,942 | $1,375 | $3,500 |
| Knife River 4 Bedroom Homes for Rent | $2,222 | $1,850 | $3,300 |
| Knife River 5 Bedroom Homes for Rent | $2,412 | $2,300 | $2,550 |
| Knife River 6 Bedroom Homes for Rent | $2,706 | $2,625 | $2,775 |
| Knife River 7 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
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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 Studio unit found at Lesterwood Apartments in the Lakeside-Lester Park neighborhood priced from $975. 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 |
|---|---|---|---|
| Lesterwood Apartments | Studio | Studio,1BA | $975 |
| CityView Flats | Studio | Studio,1BA | $1,000 |
| Mount Royal Manor | Efficiency / 1 Bathroom - (5th and 6th Floor) | Studio,1BA | $1,075 |
Best Value Apartments for Rent in Knife River, MN and Nearby
As of December 29, 2025 the best value apartment in the Knife River area is the $1.64 price per square foot 2 Bedroom- br Model at The Harbours in the in the Observation Hill neighborhood starting from $1,985. The second greatest value Knife River apartment is the 2 Bed Model at Tropicana Apartments starting at $1,600 with a $1.33 price per square foot in the East End 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. |
|---|---|---|---|
| The Harbours | 2 Bedroom- br | 2BR,2BA | $1.64 |
| Tropicana Apartments | 2 Bed | 2BR,2BA | $1.33 |
| Summit Ridge Luxury Apartments | Park Point | 3BR,2BA | $0.64 |
| Bridgeman Russell | One Bedroom Loft | 1BR,1BA | $1.47 |
| Mount Royal Apartment | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.74 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1.38 |
| Villa Hills | 2 Bed 1 Bath, First Floor | 2BR,1BA | $1.73 |
| Highland Village Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
| Cove Apartments | Jetty | 2BR,1BA | $2.00 |
| Lesterwood Apartments | Studio | Studio ,1BA | $1.95 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Knife River
What type of rentals are currently available in Knife River?
There are currently 37 Apartments for Rent in Knife River, MN with pricing that ranges from $785 to $5,821. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Knife River ranging from $815 to $3,500.
What is the current price range for Rental Homes in Knife River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Knife River ranges from $815 to $3,500 with an average monthly rent of $2,074.
How much are larger Three and Four Bedroom Rentals in Knife River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Knife River range from $1,900 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,850.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!