
Cheap Apartments for Rent in Park Rapids, MN from $400 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Rapids.


McCarthy Apartments

Eastwood Apartments

Pineview

Park Avenue Apartments

Bavarian Apartments

Pine Tree Housing Corp.

Colonywood
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.

Bonneywoode Arms Apartments

Oakcrest Manor Apartments

Sebeka Housing

Silver Birch

Marigold Apartments

Scandia Village I, II, and III

Finlandia Apartments

Valley View Commons
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.

Village Green Apartments

Willow Square

Greenleaf Apartments

1005 S 6th St

Heritage Manor

Riverside Apartments

Meadowbrook Apartments

Capitol Hill Studios
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Park Rapids, MN Local Guide

How much does it cost to rent an apartment in Park Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Rapids Studio Apartments | $1,049 | $825 | $1,385 |
| Park Rapids 1 Bedroom Apartments | $1,116 | $580 | $2,495 |
| Park Rapids 2 Bedroom Apartments | $1,314 | $694 | $2,120 |
| Park Rapids 3 Bedroom Apartments | $1,502 | $900 | $2,320 |
| Park Rapids 4 Bedroom Apartments | $1,296 | $1,193 | $1,400 |
Browse Top Apartments in Park Rapids
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Park Rapids, MN Local Guide
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Cheapest Available Park Rapids Apartments for Rent and Nearby
 The cheapest available apartment rental in Park Rapids, MN is a 1 Bed unit found at Pine Tree Housing Corp. priced from $580. Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Park Rapids apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Tree Housing Corp. | One Bed | 1BR,1BA | $580 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $700 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| Stony Ridge Studios | Studios | Studio,1BA | $825 |
| Presidential Estates/ Justice Apartments | Studio | Studio,1BA | $825 |
Best Value Apartments for Rent in Park Rapids, MN and Nearby
As of March 09, 2026 the best value apartment in the Park Rapids area is the $1.15 price per square foot D Model at Cypress Court Apartments in the in the Downtown Brainerd neighborhood starting from $1,360. The second greatest value Park Rapids apartment is the 3 bed/2 bath Model at The Lincoln Apartments starting at $1,450 with a $1.32 price per square foot . Here is today’s list of the best values for Park Rapids apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cypress Court Apartments | D | 2BR,2BA | $1.15 |
| The Lincoln Apartments | 3 bed/2 bath | 3BR,2BA | $1.32 |
| Cedar Street Complex | 3 Bedroom | 3BR,2BA | $1.26 |
| Clearwater Estates | 2 Bed, 1 Bath | 2BR,1BA | $1.20 |
| Water Station Apartments | 2 bed 1 bath | 2BR,1BA | $1.07 |
| Timber Ridge Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.32 |
| Sebeka Housing | Riverview 2 Bedroom | 2BR,1BA | $1.24 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| Parkview Housing | 1 Bedroom | 1BR,1BA | $1.36 |
| Pine Tree Housing Corp. | 2 Bed | 2BR,2BA | $1.13 |
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
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 Park Rapids, MN
Park Rapids Senior High
Park Rapids Area Century Middle
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Park Rapids, MN Rentals by Map
See the most popular apartments and homes in Park Rapids, MN
Frequently Asked Questions about Cheap Park Rapids Apartments
What is the Cheapest Studio apartment in Park Rapids?
Currently the most affordable Cheap Studio Apartment in Park Rapids is at Presidential Estates/ Justice Apartments listed at $825.
How much is rent for a Cheap One Bedroom Park Rapids Apartment?
The lowest price for a Cheap One Bedroom Park Rapids Apartment is $580 at Pine Tree Housing Corp..
What is the lowest price for a Cheap Two Bedroom Park Rapids Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Park Rapids is starting from $694 at Pine Tree Housing Corp..
What is the most affordable Park Rapids Three Bedroom Apartment?
The best deal on a cheap Park Rapids Three Bedroom Apartment rental is at Presidential Estates/ Justice Apartments and starts from $1,100.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.