
Cheap Apartments for Rent in Red Wing, MN from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Red Wing.


Park Place Apartments

Park Place Plaza

Total Monthly Price
Avanti

Total Monthly Price
The Bank

Boxrud Flats

Total Monthly Price
The Downtown Plaza

602 Hodgman St

Total Monthly Price
2304 Bush St, Unit Upper
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.

Trailside Acres 1

Malmquist Estates

Eagle Ridge Apartments

Pheasant Run Townhomes

710 W 4th St

138 Sargent Dr

Total Monthly Price
Meadowlark Eco Cottages

Cottages of Ellsworth

Glen Park Apartments
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.

Timber Ridge Apartments

Eagle Rock

Riverside Apartments

River City Apartments

The Depot

Cannonball Apartments

Hidden Valley Apartments

Voyageur Estates

551 18th St E
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

University Falls Apartments

Current 33

Total Monthly Price
Lake Isabel Flats

City Station

Town Center Apartments

The Quill 55+ Apartments

Pine Meadows

Milltown Residences

The Upland
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.

The Aberdeen

Peregrine Terrace

Crossing Meadows

559-599 N Maple St

River Ridge Apartments

River Place Apartments

Stonehouse Apartments

Westview Village Apartments

518.5 E Walnut St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Vermillion Shores II

720 10th St SW
Red Wing, MN Local Guide

How much does it cost to rent an apartment in Red Wing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Wing Studio Apartments | $1,195 | $1,026 | $1,550 |
| Red Wing 1 Bedroom Apartments | $1,423 | $699 | $1,829 |
| Red Wing 2 Bedroom Apartments | $1,623 | $838 | $3,000 |
| Red Wing 3 Bedroom Apartments | $1,893 | $969 | $2,250 |
| Red Wing 4 Bedroom Apartments | $2,240 | $2,240 | $2,240 |
Browse Top Apartments in Red Wing
See all Apartments in Red WingExplore Red Wing
Red Wing, MN Local Guide
- Red Wing Neighborhoods
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Cheapest Neighborhoods for Apartments in Red Wing, MN
Pricing Updated: 06/12/2026Current apartment rentals in the Red Wing, MN area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Red Wing Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Red Wing | $1,610 | $1,029 | 19 |
| Wacouta | $1,610 | $1,029 | 19 |
Cheapest Available Red Wing Apartments for Rent and Nearby
 The cheapest available apartment rental in Red Wing, MN is a 1 Bed unit found at Meadowlark Eco Cottages in the Pierce Far Eastern Suburbs neighborhood priced from $699. Park Place Plaza in the Harliss neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,055. Here is today’s list of the most affordable Red Wing apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadowlark Eco Cottages | 1 Bed, 1 bath | 1BR,1BA | $699 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| River City Apartments | Two Bedroom | 2BR,1BA | $1,080 |
| Avanti | Studio A | Studio,1BA | $1,085 |
| Pleasant Ridge Apartments | Two Bed | 2BR,2BA | $1,120 |
| Riverside Apartments | 2BR Apartment | 2BR,1BA | $1,135 |
| The Bank | 1 Bedroom | 1BR,1BA | $1,185 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1,295 |
| Current 33 | Harbor (A1) | Studio,1BA | $1,355 |
| City Station | One bedroom CityOne | 1BR,1BA | $1,395 |
Best Value Apartments for Rent in Red Wing, MN and Nearby
As of June 12, 2026 the best value apartment in the Red Wing area is the $1.34 price per square foot 5 Bedroom Model at 1063 E. Cascade Ave- Next to UWRF and CVTC in the in the Downtown River Falls neighborhood starting from $2,095. The second greatest value Red Wing apartment is the 4 Bedroom Model at University Falls Apartments starting at $2,000 with a $1.40 price per square foot in the Downtown River Falls neighborhood. Here is today’s list of the best values for Red Wing apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1063 E. Cascade Ave- Next to UWRF and CVTC | 5 Bedroom | 5BR,2BA | $1.34 |
| University Falls Apartments | 4 Bedroom | 4BR,2BA | $1.40 |
| 2304 Bush St, Unit Upper | 2304 Bush St | 2BR,1BA | $1.29 |
| Park Place Apartments | B | 2BR,2BA | $1.57 |
| Voyageur Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.80 |
| Pleasant Ridge Apartments | Two Bed | 2BR,2BA | $1.23 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| River City Apartments | Two Bedroom | 2BR,1BA | $1.54 |
| The Bank | 1 Bedroom | 1BR,1BA | $1.69 |
| Riverside Apartments | 1BR Apartment | 1BR,1BA | $1.78 |
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 ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Best Local Schools in Red Wing, MN
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Red Wing, MN Rentals by Map
See the most popular apartments and homes in Red Wing, MN
Frequently Asked Questions about Cheap Red Wing Apartments
What is the Cheapest Studio apartment in Red Wing?
Currently the most affordable Cheap Studio Apartment in Red Wing is at Park Place Plaza listed at $1,055.
How much is rent for a Cheap One Bedroom Red Wing Apartment?
The lowest price for a Cheap One Bedroom Red Wing Apartment is $699 at Meadowlark Eco Cottages.
What is the lowest price for a Cheap Two Bedroom Red Wing Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Red Wing is starting from $838 at Meadowlark Eco Cottages.
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

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.

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.

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.

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.