
Cheap Apartments for Rent in Park Rapids, MN from $400 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in Park Rapids.


Parkview Housing

Eastwood Apartments

Pineview

Park Avenue Apartments

Bavarian Apartments

Park Rapids Apartments

608 Pleasant Ave S

Pine Tree Housing Corp.

Oakcrest Manor 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.

Pelican Rapids Townhomes

Bonneywoode Arms Apartments

Valley Pines Apartments

Presidential Estates/ Justice Apartments

Stony Ridge Studios

Total Monthly Price
Capitol Hill Studios

The Colony

Sunridge Apartments

Gatewood Park

Pelican Heights Apartments
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.

Somerset Apartments

Meadows Edge Apartments

Timber Ridge Apartments

Water Station Apartments

Total Monthly Price
Cedar Pointe Estates Apartments

Clearwater Estates

Northern Lakes

Regency Park North

Lofts on Novotny Apartment Homes

Cypress Court 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.

South Point Apartments

Cedar Street Complex

Total Monthly Price
Regency Park South

Berrywood Apartments

509 E Vernon Ave

Timberline Heights

Pine Grove Estates

Westfield Apartments

The Villas at Vista North

The Lincoln Apartments
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.

Hatchery Row

Silver Birch

Scandia Village I, II, and III

Marigold Apartments

Finlandia Apartments

Valley View Commons

Village Green Apartments

Willow Square

Greenleaf Apartments

Heritage Manor
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 | $994 | $825 | $1,385 |
| Park Rapids 1 Bedroom Apartments | $1,326 | $580 | $2,495 |
| Park Rapids 2 Bedroom Apartments | $1,513 | $694 | $2,610 |
| Park Rapids 3 Bedroom Apartments | $1,523 | $885 | $2,320 |
| Park Rapids 4 Bedroom Apartments | $1,447 | $1,400 | $1,495 |
Browse Top Apartments in Park Rapids
See all Apartments in Park RapidsExplore Park Rapids
Park Rapids, MN Local Guide
- Nearby Cities
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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. Oakcrest Manor Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $727. 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 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| Pelican Rapids Townhomes | 2 Bedroom | 2BR,1BA | $785 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $795 |
| Valley Pines Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $813 |
| Crosby Country Apartments | Studio | 1BR,1BA | $815 |
| Presidential Estates/ Justice Apartments | Studio | Studio,1BA | $825 |
| Stony Ridge Studios | Studios | Studio,1BA | $825 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 2BR,1BA | $1,045 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1,226 |
Best Value Apartments for Rent in Park Rapids, MN and Nearby
As of June 08, 2026 the best value apartment in the Park Rapids area is the $0.56 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $885. The second greatest value Park Rapids apartment is the Josiah Model at JP Place starting at $1,425 with a $1.36 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. |
|---|---|---|---|
| Pelican Rapids Townhomes | 3 Bedroom | 3BR,1BA | $0.56 |
| JP Place | Josiah | 2BR,2BA | $1.36 |
| Marsh Run Townhomes | 2 Bedroom 2 Bath | 2BR,2BA | $1.61 |
| Westfield Apartments | 3 BD/1 BA | 3BR,1BA | $1.47 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 2BR,1BA | $1.27 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.56 |
| Cypress Court Apartments | A | 1BR,1BA | $1.58 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| Pine Tree Housing Corp. | 2 Bed | 2BR,2BA | $1.13 |
| Presidential Estates/ Justice Apartments | Studio | Studio ,1BA | $1.65 |
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 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 Pelican Rapids Townhomes and starts from $885.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.