Cheap Homes for Rent in Red Lake Falls, MN from $600 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in Red Lake Falls.

property at 376 4th St E

$679

Total Monthly Price

Total Monthly Price

Base Rent
$679

Total Monthly Price
$679

1 Bedroom, 1 Bath Townhome for Rent

Available Now

376 4th St E

HalstadMN56548

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 820 Stuart Ave

$950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Now

820 Stuart Ave

CrookstonMN56716

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.

property at 1418 Irvine Ave NW

$1,075

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Townhome for Rent

Available Aug 1

1418 Irvine Ave NW, Unit C

1418 Irvine Ave NW
BemidjiMN56601

Red Lake Falls, MN Local Guide

Cheapest Available Red Lake Falls Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Lake Falls, MN is a 1 Bed unit found at Silver Leaf Property Management - Grand Forks priced from $640. Broadway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Red Lake Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Silver Leaf Property Management - Grand Forks1 Bedroom1BR,1BA$640
Broadway Apartments1 bedroom 1 bath1BR,1BA$800
Prairie RoseTwo Bedroom Apartment2BR,1BA$823

Best Value Apartments for Rent in Red Lake Falls, MN and Nearby

As of June 11, 2026 the best value apartment in the Red Lake Falls area is the $0.57 price per square foot 3 Bedroom 1 Bath Handi Cap Unit Model at Agassiz Townhomes in the starting from $1,046. The second greatest value Red Lake Falls apartment is the 3 bedroom Model at Heritage Terrace Townhomes starting at $948 with a $0.70 price per square foot . Here is today’s list of the best values for Red Lake Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Agassiz Townhomes3 Bedroom 1 Bath Handi Cap Unit3BR,1BA$0.57
Heritage Terrace Townhomes3 bedroom3BR,1.5BA$0.70
Heritage Highland II Townhomes2 bedroom2BR,1.5BA$0.74
Southwood Park TownhomesSherwood 2 bedroom2BR,1.5BA$0.87
SummerField Thief River Falls TownhomesThree Bedroom Two Bath3BR,2BA$0.97
River Falls EstatesUnit 2132BR,1BA$1.07
Green Acres ApartmentsSTUDENT DISCOUNT! Fully renovated 2BR – Northla...2BR,1BA$1.10
Prairieland Duplexes3 bedroom Duplex3BR,1BA$1.14
Prairie RoseThree Bedroom Apartment3BR,1BA$1.08
Silver Leaf Property Management - Grand Forks1 Bedroom1BR,1BA$0.88

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.

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Real 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.

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Quick Rent Budget Calculator

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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 Red Lake Falls

What type of rentals are currently available in Red Lake Falls?

There are currently 44 Apartments for Rent in Red Lake Falls, MN with pricing that ranges from $495 to $2,650. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Lake Falls ranging from $679 to $5,995.

What is the current price range for Rental Homes in Red Lake Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Red Lake Falls ranges from $679 to $5,995 with an average monthly rent of $1,602.

How much are larger Three and Four Bedroom Rentals in Red Lake Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Red Lake Falls range from $940 to $2,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $5,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,223.

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 I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.