Cheap Apartments for Rent in Red Wing, MN from $400 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Red Wing.

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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.

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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.

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River Place Apartments
Studio to 3 Bedroom Apartments

River Place Apartments

1431 Wildcat CtRiver Falls, WI 54022
  • Utilities Included

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Stonehouse Apartments
1 to 2 Bedroom Apartments

Stonehouse Apartments

115 Minnesota St WCannon Falls, MN 55009
  • Utilities Included

Red Wing, MN Local Guide

Cheapest Neighborhoods for Apartments in Red Wing, MN

Pricing Updated: 09/08/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Red Wing$1,854$1,07522
Wacouta$1,854$1,07522

Cheapest Available Red Wing Apartments for Rent and Nearby

 

The cheapest available apartment rental in Red Wing, MN is a 2 Beds unit found at River Ridge Apartments in the Dakota Hills neighborhood priced from $910. Riverside Apartments in the St Croix Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here is today’s list of the most affordable Red Wing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
River Ridge Apartments2 bed/1bath2BR,1BA$910
Riverside Apartments1BR Apartment1BR,1BA$1,005
Westview Village Apartments1 Bedroom1BR,1BA$1,017
AvantiStudio AStudio,1BA$1,025
Park Place PlazaA2Studio,1BA$1,075

Best Value Apartments for Rent in Red Wing, MN and Nearby

As of September 08, 2025 the best value apartment in the Red Wing area is the $1.14 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 $1,795. The second greatest value Red Wing apartment is the Princeton Valley (3b/2b)- 1st Floor & Great Tier Model at The Current Bldg. 03 starting at $1,995 with a $1.44 price per square foot in the St Croix Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Red Wing apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1063 E. Cascade Ave- Next to UWRF and CVTC5 Bedroom5BR,2BA$1.14
The Current Bldg. 03Princeton Valley (3b/2b)- 1st Floor & Great Tier3BR,2BA$1.44
Peregrine Bldg. 01Erin Hills- Lower (2b/2b)2BR,2BA$1.38
The Quill 55+ ApartmentsB1 602BR,2BA$1.69
551 18th St E2 bedroom2BR,1BA$1.44
River Ridge Apartments2 bed/1bath2BR,1BA$1.01
Hidden Valley ApartmentsTwo Bedroom/One Bath2BR,1BA$1.37
Milltown Residences1 Bedroom | 1 Bath1BR,1BA$1.61
Town Center ApartmentsB21BR,1BA$1.72
Westview Village Apartments1 Bedroom1BR,1BA$1.45

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Red Wing, MN

Walk Score®

43 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Avanti listed at $1,025.

How much is rent for a Cheap One Bedroom Red Wing Apartment?

The lowest price for a Cheap One Bedroom Red Wing Apartment is $1,005 at Riverside Apartments.

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 $910 at River Ridge Apartments.

What is the most affordable Red Wing Three Bedroom Apartment?

The best deal on a cheap Red Wing Three Bedroom Apartment rental is at Milltown Residences and starts from $1,900.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.