
Cheap Apartments for Rent in the Downtown Red Wing Neighborhood of Red Wing, MN from $600 (12 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

Total Monthly Price
455 9th St, Unit Upper, Unit Upper

125 E 4th St

316 W 7th St
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Pheasant Run Townhomes

Jordan Towers

Malmquist Estates

Trailside Acres 2

Maple Hills

7280-7290 170th Ave
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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 | $1,150 | $1,030 | $1,710 |
| Downtown Red Wing 1 Bedroom Apartments | $1,385 | $1,025 | $2,095 |
| Downtown Red Wing 2 Bedroom Apartments | $1,705 | $1,430 | $3,000 |
| Downtown Red Wing 3 Bedroom Apartments | $1,800 | $1,800 | $1,800 |
Browse Apartments in this Neighborhood
There are currently 12 rentals with your search options within a 3 mile radius of the Downtown Red Wing Neighborhood of Red Wing, MN.
See all Apartments in Red WingExplore Red Wing
Downtown Red Wing, Red Wing, MN Local Guide
- Nearby Red Wing neighborhoods
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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 1 Bed unit found at Trailside Acres 1 priced from $631. Malmquist Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $882. Here are the most affordable Downtown Red Wing apartments for rent in Red Wing, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trailside Acres 1 | 1 Bed, 1 bath | 1BR,1BA | $631 |
| Malmquist Estates | 1 Bed, 1 bath | 1BR,1BA | $882 |
| Boxrud Flats | All Floorplans | 1BR,1BA | $1,025 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Avanti | Studio A | Studio,1BA | $1,085 |
Best Value Apartments for Rent in Downtown Red Wing, MN
As of April 28, 2026 the best value apartment in the Downtown Red Wing area is the $1.38 price per square foot 520 Centennial St Model at 520 Centennial St, Unit 1 in the in the Harliss neighborhood starting from $1,800. The second greatest value Downtown Red Wing apartment is the B - View Model at Park Place Apartments starting at $1,530 with a $1.49 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. |
|---|---|---|---|
| 520 Centennial St, Unit 1 | 520 Centennial St | 3BR,1.5BA | $1.38 |
| Park Place Apartments | B - View | 2BR,2BA | $1.49 |
| Trailside Acres 1 | 2 Beds, 1 bath | 2BR,1BA | $1.48 |
| Malmquist Estates | 1 Bed, 1 bath | 1BR,1BA | $1.53 |
| The Bank | 1 Bedroom | 1BR,1BA | $2.26 |
| Avanti | One Bedroom A2 | 1BR,1BA | $2.47 |
| Park Place Plaza | A2 | Studio ,1BA | $2.10 |
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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.
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
What is the Cheapest Studio apartment in Downtown Red Wing?
Currently the most affordable Cheap Studio Apartment in Downtown Red Wing is at Park Place Plaza listed at $1,055.
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 $631 at Trailside Acres 1.
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 $985 at Malmquist Estates.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.