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

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
First Street Estates
$940 - $1,005
Total Monthly Price

Total Monthly Price

Base Rent
$895 - $960
Required Monthly Fees
$45

Total Monthly Price
$940 - $1,005
1 Bedroom Apartments Available Feb 10, 2026

First Street Estates

1611 1st St WThief River Falls, MN 56701
Student Housing
  • Verified
  • Utilities Included
  • Smoke Free

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.

close
View Me
Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included
close
View Me
Pioneer Court A Ltd Ptshp
1 to 2 Bedroom Apartments

Pioneer Court A Ltd Ptshp

1602 Greenwood StThief River Falls, MN 56701
Senior Living
  • Utilities Included
close
View Me
Sherwood Park Townhomes
2 to 3 Bedroom Apartments

Sherwood Park Townhomes

321 Sherwood Ave NThief River Falls, MN 56701
  • Utilities Included
close
View Me
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 Parkwood Apartments priced from $825. 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
Parkwood Apartments2 Bedroom2BR,1BA$825
Wheatland Estates1 Bed, 1 bath1BR,1BA$895
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$1,015

Best Value Apartments for Rent in Pennington County, MN

As of December 29, 2025 the best value apartment in the Pennington County area is the $0.87 price per square foot Sherwood 2 bedroom Model at Southwood Park Townhomes in the starting from $1,080. The second greatest value Pennington County apartment is the 110-108 Model at West River Falls starting at $1,283 with a $1.19 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.
Southwood Park TownhomesSherwood 2 bedroom2BR,1.5BA$0.87
West River Falls110-1082BR,2BA$1.19
SummerField Thief River Falls TownhomesTwo Bedroom Two Bath2BR,2BA$0.98
Parkwood Apartments2 Bedroom2BR,1BA$0.86
Wheatland Estates1 Bed, 1 bath1BR,1BA$1.49

Frequently Asked Questions about Cheap Pennington County Apartments

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 6 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 How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!