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.

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Country Acres Apartment
2 Bedroom Apartments

Country Acres Apartment

1918 Greenwood St EThief River Falls, MN 56701
  • Utilities Included

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.

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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
  • Utilities Included
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Sherwood Park Townhomes
2 to 3 Bedroom Apartments

Sherwood Park Townhomes

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

Sunrise Apartments

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

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.

Cheapest Available Pennington County Apartments for Rent

 

The cheapest available apartment rental in Pennington County, MN is a 1 Bed unit found at River Falls Estates priced from $859. Wheatland Estates has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Pennington County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Falls EstatesUnit 1111BR,1BA$859
Wheatland Estates2 Bed 2 Bath2BR,2BA$995
First Street Estates2bd/1bath2BR,1BA$1,050

Best Value Apartments for Rent in Pennington County, MN

As of August 19, 2026 the best value apartment in the Pennington County area is the $0.88 price per square foot Southwood 3 bedroom Model at Southwood Park Townhomes in the starting from $1,179. The second greatest value Pennington County apartment is the 110-103 Model at West River Falls starting at $1,283 with a $1.28 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 TownhomesSouthwood 3 bedroom3BR,1.5BA$0.88
West River Falls110-1032BR,2BA$1.28
Wheatland Estates2 Bed 2 Bath2BR,2BA$1.11
First Street Estates2bd/1bath2BR,1BA$1.27
River Falls EstatesUnit 1111BR,1BA$1.19

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 River Falls Estates which is listed at $859, while the average apartment in Pennington County costs $1,050.

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 3 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 Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.