
Cheap Apartments for Rent in the Downtown Red Wing Neighborhood of Red Wing, MN from $600 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Red Wing area of Red Wing.


Total Monthly Price
The Downtown Plaza

Park Place Apartments

316 W 7th St

125 E 4th St
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.

Pheasant Run Townhomes

Jordan Towers

Malmquist Estates

Trailside Acres 2

Maple Hills
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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7280-7290 170th Ave
Downtown Red Wing, Red Wing, MN Local Guide

How much does it cost to rent an apartment in Downtown Red Wing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Red Wing Studio Apartments | $1,232 | $1,100 | $1,375 |
| Downtown Red Wing 1 Bedroom Apartments | $1,449 | $1,185 | $1,860 |
| Downtown Red Wing 2 Bedroom Apartments | $1,571 | $1,120 | $3,000 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 3 mile radius of the Downtown Red Wing Neighborhood of Red Wing, MN.
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Downtown Red Wing, Red Wing, MN Local Guide
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Cheapest Available Downtown Red Wing Apartments for Rent
 The cheapest available apartment rental in the Downtown Red Wing area of Red Wing, MN is a 2 Beds unit found at Pleasant Ridge Apartments priced from $1,120. The Bank has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,185. Here are the most affordable Downtown Red Wing apartments for rent in Red Wing, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pleasant Ridge Apartments | Two Bed | 2BR,2BA | $1,120 |
| The Bank | 1 Bedroom | 1BR,1BA | $1,185 |
| Boxrud Flats | One Bedroom | 1BR,1BA | $1,315 |
| Avanti | One Bedroom A1 | 1BR,1BA | $1,445 |
| Park Place Apartments | B | 2BR,2BA | $1,610 |
Best Value Apartments for Rent in Downtown Red Wing, MN
As of July 27, 2026 the best value apartment in the Downtown Red Wing area is the $1.57 price per square foot B Model at Park Place Apartments in the in the Harliss neighborhood starting from $1,610. The second greatest value Downtown Red Wing apartment is the Two Bed Model at Pleasant Ridge Apartments starting at $1,120 with a $1.23 price per square foot in the Harliss neighborhood. Here is today’s list of the best values for Downtown Red Wing apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Park Place Apartments | B | 2BR,2BA | $1.57 |
| Pleasant Ridge Apartments | Two Bed | 2BR,2BA | $1.23 |
| Avanti | One Bedroom A1 | 1BR,1BA | $1.72 |
| Boxrud Flats | One Bedroom | 1BR,1BA | $2.09 |
| The Bank | 1 Bedroom | 1BR,1BA | $2.32 |
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
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Pet Friendly LifestyleDowntown Red Wing, Red Wing, MN
Ranked #1
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Red Wing Apartments
How much is rent for a Cheap One Bedroom Downtown Red Wing Apartment?
The lowest price for a Cheap One Bedroom Downtown Red Wing Apartment is $1,185 at The Bank.
What is the lowest price for a Cheap Two Bedroom Downtown Red Wing Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Red Wing is starting from $1,120 at Pleasant Ridge Apartments.
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

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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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.