Cheap Apartments for Rent in Pennington County, MN from $400 (10 Rentals)

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Search the lowest-cost Apartments available for rent right now in Pennington County.

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.

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Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
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Pioneer Court A Ltd Ptshp
1 to 2 Bedroom Apartments

Pioneer Court A Ltd Ptshp

1602 Greenwood StThief River Falls, MN 56701
Senior Living
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Sherwood Park Townhomes
2 to 3 Bedroom Apartments

Sherwood Park Townhomes

321 Sherwood Ave NThief River Falls, MN 56701
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Sunrise Apartments
Studio Apartments

Sunrise Apartments

320 Oak Ave NThief River Falls, MN 56701
  • Utilities Included

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.

Cheapest Available Pennington County Apartments for Rent

 

The cheapest available apartment rental in Pennington County, MN is a 2 Beds unit found at River Falls Estates priced from $787. Wheatland Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Pennington County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Falls EstatesUnit 207 TIF2BR,1BA$787
Wheatland Estates1 Bed 1 Bath1BR,1BA$895
First Street Estates1 Bedroom/1 Bathroom1BR,1BA$895

Best Value Apartments for Rent in Pennington County, MN

As of February 19, 2026 the best value apartment in the Pennington County area is the $0.98 price per square foot Two Bedroom Two Bath Model at SummerField Thief River Falls Townhomes in the starting from $1,015. The second greatest value Pennington County apartment is the Southwood 2 bedroom Model at Southwood Park Townhomes starting at $1,024 with a $1.02 price per square foot . Here is today’s list of the best values for Pennington County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$0.98
Southwood Park TownhomesSouthwood 2 bedroom2BR,1.5BA$1.02
West River Falls110-1032BR,2BA$1.28
River Falls EstatesUnit 3111BR,1BA$1.22
Rivers Bend Apartment Homes1 Bedroom 1 Bathroom1BR,1BA$1.42
First Street Estates1 Bedroom/1 Bathroom1BR,1BA$1.44
Wheatland Estates1 Bed 1 Bath1BR,1BA$1.49

Frequently Asked Questions about Cheap Pennington County Apartments

What is the price of a cheap apartment in Pennington County?

The cheapest apartment in Pennington County is Wheatland Estates which is listed at $895, while the average apartment in Pennington County costs $1,223.

What types of apartments are the cheapest in Pennington County?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Pennington County that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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 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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.