
Cheap Apartments for Rent in Park Rapids, MN from $400 (64 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

113 1/2 3rd St W, Unit 5

608 Pleasant Ave S

Pine Tree Housing Corp.
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.

Oakcrest Manor Apartments

Bonneywoode Arms Apartments

Valley Pines Apartments

Stony Ridge Studios

Total Monthly Price
Capitol Hill Studios

The Colony

Sunridge Apartments

Presidential Estates/ Justice Apartments

Gatewood Park

Pelican Heights Apartments
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.

Somerset Apartments

Total Monthly Price
Cedar Pointe Estates Apartments

Meadows Edge Apartments

Timber Ridge Apartments

Water Station Apartments

Clearwater Estates

Regency Park North

Lofts on Novotny Apartment Homes

Total Monthly Price
Regency Park South

Pelican Rapids Townhomes
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

South Point Apartments

Cypress Court Apartments

Cedar Street Complex

Berrywood Apartments

Pine Grove Estates

Timberline Heights

Westfield Apartments

The Villas at Vista North

Silver Birch

Scandia Village I, II, and III
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.

Marigold Apartments

Finlandia Apartments

Valley View Commons

Village Green Apartments

Willow Square

Greenleaf Apartments

Heritage Manor

Sebeka Housing

Riverside Apartments

Meadowbrook 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.
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 | $1,077 | $850 | $1,385 |
| Park Rapids 1 Bedroom Apartments | $1,307 | $580 | $2,495 |
| Park Rapids 2 Bedroom Apartments | $1,549 | $694 | $2,500 |
| Park Rapids 3 Bedroom Apartments | $1,542 | $1,175 | $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 Oakcrest Manor Apartments in the Downtown Brainerd neighborhood priced from $727. McCarthy Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $794. Here is today’s list of the most affordable Park Rapids apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $794 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $795 |
| Crosby Country Apartments | Studio | 1BR,1BA | $815 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | 2BR,1BA | $1,000 |
| The Colony | Blue Jay | 1BR,1BA | $1,008 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1,029 |
| Pelican Rapids Townhomes | 2 Bedroom | 2BR,1BA | $1,175 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1,226 |
| Pine Grove Estates | Two Bedroom/ One Bathroom | 2BR,1BA | $1,355 |
Best Value Apartments for Rent in Park Rapids, MN and Nearby
As of July 24, 2026 the best value apartment in the Park Rapids area is the $0.81 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $1,280. The second greatest value Park Rapids apartment is the 4 BD/2 BA Model at Westfield Apartments starting at $1,495 with a $1.22 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 | $0.81 |
| Westfield Apartments | 4 BD/2 BA | 4BR,2BA | $1.22 |
| JP Place | Mason | 3BR,2BA | $1.31 |
| Pine Grove Estates | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| Presidential Estates/ Justice Apartments | Two bedroom/ One bathroom | 2BR,1BA | $0.91 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.56 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.34 |
| The Colony | Blue Jay | 1BR,1BA | $1.36 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
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
How much is rent for a Cheap One Bedroom Park Rapids Apartment?
The lowest price for a Cheap One Bedroom Park Rapids Apartment is $727 at Oakcrest Manor Apartments.
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 $794 at McCarthy Apartments.
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 $1,280.
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.

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.

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.