
Cheap Homes for Rent in Park Rapids, MN from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Park Rapids.


17 3rd Ave NE

1418 Irvine Ave NW, Unit C

1618 Norwood St

801 S 7th St
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.

911 2nd Ave NE

509 E Vernon Ave

405 E Main St

103 14 St NW

210 Hawkins Dr
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.

1516 Irvine Ave NW
Park Rapids, MN Local Guide

How much does it cost to rent a home in Park Rapids?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Park Rapids 2 Bedroom Homes for Rent | $1,376 | $900 | $2,200 |
| Park Rapids 3 Bedroom Homes for Rent | $2,412 | $975 | $5,995 |
| Park Rapids 4 Bedroom Homes for Rent | $2,039 | $1,750 | $2,600 |
| Park Rapids 5 Bedroom Homes for Rent | $1,900 | $1,850 | $1,950 |
Browse Top Homes for Rent 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. 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 |
Best Value Apartments for Rent in Park Rapids, MN and Nearby
As of June 12, 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 Y Model at Pinehurst Apartments starting at $2,075 with a $1.48 price per square foot in the Downtown Brainerd neighborhood. 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 |
| Pinehurst Apartments | Y | 3BR,2BA | $1.48 |
| Lofts on Novotny Apartment Homes | 2 Bedroom 2 Bath | 2BR,2BA | $1.56 |
| JP Place | Mason | 3BR,2BA | $1.31 |
| Sunridge Apartments | 2 Bed, 1 Bath | 2BR,1BA | $1.30 |
| Cedar Pointe Estates Apartments | 2 Bedroom / 1 Bathroom Std | 2BR,1BA | $1.27 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.56 |
| 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!
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See the most popular apartments and homes in Park Rapids, MN
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 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Park Rapids ranging from $900 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 $900 to $5,995 with an average monthly rent of $1,888.
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 $975 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,400.
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 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.

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.