Cheap Homes for Rent in Park Rapids, MN from $700 (8 Rentals)

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Search the lowest-cost Homes available for rent right now in Park Rapids.

property at 1005 S 6th St

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725

Total Monthly Price
$725

Studio, 1 Bath Home for Rent

Available Now

1005 S 6th St

BrainerdMN56401
property at 213 W Vernon Ave

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Condo for Rent

Available Now

213 W Vernon Ave

Fergus FallsMN56537
property at 100 7th St NE

$1,025

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025

Total Monthly Price
$1,025

2 Bedroom, 1 Bath Townhome for Rent

Available May 1

100 7th St NE, Unit 1, Unit 1

100 7th St NE
PerhamMN56573
property at 510 6th St SE

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

3 Bedroom, 2 Bath Home for Rent

Available May 8

510 6th St SE

StaplesMN56479

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.

property at 911 2nd Ave NE

$1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,235

Total Monthly Price
$1,235

3 Bedroom, 1 Bath Home for Rent

Available Now

911 2nd Ave NE

StaplesMN56479
property at 725 W Cavour Ave

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Jun 7

725 W Cavour Ave

Fergus FallsMN56537
property at 1515 3rd St NE

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

3 Bedroom, 1 Bath Home for Rent

Available Now

1515 3rd St NE

StaplesMN56479
property at 700 Woodland Ave SW

$1,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

700 Woodland Ave SW

BemidjiMN56601

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

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 ListingModel NameBed/BathPriced From
Pine Tree Housing Corp.One Bed1BR,1BA$580
Oakcrest Manor Apartments1 Bedroom1BR,1BA$727
Pelican Rapids Townhomes2 Bedroom2BR,1BA$785

Best Value Apartments for Rent in Park Rapids, MN and Nearby

As of April 28, 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 2 Bedroom 2 Bath Model at Lofts on Novotny Apartment Homes starting at $1,885 with a $1.56 price per square foot . Here is today’s list of the best values for Park Rapids apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pelican Rapids Townhomes3 Bedroom3BR,1BA$0.56
Lofts on Novotny Apartment Homes2 Bedroom 2 Bath2BR,2BA$1.56
Crosby Country ApartmentsThree Bedroom Townhouse w/One Garage3BR,2.5BA$1.35
Regency Park South2B1BCB2BR,1BA$1.14
Westfield Apartments3 BD/1 BA3BR,1BA$1.47
South Point Apartments1 bedroom 1 bathroom1BR,1BA$1.59
Parkview Housing1 Bedroom1BR,1BA$1.36
Oakcrest Manor Apartments1 Bedroom1BR,1BA$1.17
Pine Tree Housing Corp.2 Bed2BR,2BA$1.13
Presidential Estates/ Justice ApartmentsStudioStudio ,1BA$1.65

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Park Rapids

What type of rentals are currently available in Park Rapids?

There are currently 68 Apartments for Rent in Park Rapids, MN with pricing that ranges from $580 to $2,610. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Rapids ranging from $725 to $5,995.

What is the current price range for Rental Homes in Park Rapids?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Park Rapids ranges from $725 to $5,995 with an average monthly rent of $1,824.

How much are larger Three and Four Bedroom Rentals in Park Rapids?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Park Rapids range from $885 to $2,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,193.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.