
Cheap Homes for Rent in Red Lake Falls, MN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Red Lake Falls.


376 4th St E

711 12 St NW
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.

601 N Front St

306 W 4th Ave S

317 6th Ave N
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.
Red Lake Falls, MN Local Guide

How much does it cost to rent a home in Red Lake Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Lake Falls 2 Bedroom Homes for Rent | $1,598 | $1,195 | $2,400 |
| Red Lake Falls 3 Bedroom Homes for Rent | $1,696 | $1,395 | $1,995 |
| Red Lake Falls 4 Bedroom Homes for Rent | $1,775 | $1,700 | $1,850 |
| Red Lake Falls 5 Bedroom Homes for Rent | $2,061 | $1,850 | $2,200 |
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Red Lake Falls, MN Local Guide
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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 Prairie Rose priced from $696. Nimens Espegard Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Red Lake Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Prairie Rose | One Bedroom | 1BR,1BA | $696 |
| Nimens Espegard Apartments | One Bedroom | 1BR,1BA | $725 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $771 |
Best Value Apartments for Rent in Red Lake Falls, MN and Nearby
As of December 10, 2025 the best value apartment in the Red Lake Falls area is the $1.19 price per square foot Thames Townhomes Model at Silver Leaf Property Management - Grand Forks in the starting from $1,750. The second greatest value Red Lake Falls apartment is the 4BR/1BA Model at Block V starting at $1,525 with a $1.09 price per square foot in the Downtown Grand Forks neighborhood. Here is today’s list of the best values for Red Lake Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Silver Leaf Property Management - Grand Forks | Thames Townhomes | 2BR,2.5BA | $1.19 |
| Block V | 4BR/1BA | 4BR,1BA | $1.09 |
| Heritage Terrace Townhomes | 2 bedroom | 2BR,1BA | $0.69 |
| Southwood Park Townhomes | Sherwood 2 bedroom | 2BR,1.5BA | $0.87 |
| Northern Heights Apartments | 2 Bed/2 Bath | 1,067 - 1137 SF | 2BR,2BA | $1.29 |
| West River Falls | 110-217 | 2BR,1BA | $1.20 |
| SummerField Thief River Falls Townhomes | Two Bedroom Two Bath | 2BR,2BA | $0.98 |
| Parkwood Apartments | 2 Bedroom | 2BR,1BA | $0.86 |
| Broadway Apartments | 1 bedroom 1 bath | 1BR,1BA | $1.10 |
| Prairie Rose | One Bedroom | 1BR,1BA | $1.21 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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 $470 to $2,345. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Lake Falls ranging from $625 to $2,400.
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 $625 to $2,400 with an average monthly rent of $1,404.
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 $945 to $2,345, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $1,995. Four Bedroom Single-Family rentals are also available starting from $1,700 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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.