111 1/2 N Main St
River FallsWI54022
Cheap Homes for Rent in Red Wing, MN from $800 (11 Rentals)
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$1,5502 Bedroom Apartments Available Now
205 Plum St, Unit 2
205 Plum StRed Wing, MN 55066
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$1,5502 Bedroom Apartments Available Now
205 Plum St, Unit 4
205 Plum StRed Wing, MN 55066
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$1,6001 Bedroom Apartments Available Now
205 Plum St, Unit 5
205 Plum StRed Wing, MN 55066
1950 Pika Tr
River FallsWI54022
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.
519 State St
River FallsWI54022
1902 Aster
HudsonWI54016
1133 Willow Trl
FarmingtonMN55024
7777 Hemingway Ave S
Cottage GroveMN55016
6836 Meadow Grass Ln S
Cottage GroveMN55016
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.
10800 Hawthorn Trail
WoodburyMN55129
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Red Wing, MN Local Guide
Red Wing by Scott Costello is licensed under CC BY 2.0
How much does it cost to rent a home in Red Wing?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Red Wing 2 Bedroom Homes for Rent | $1,991 | $1,700 | $2,295 |
| Red Wing 3 Bedroom Homes for Rent | $2,396 | $1,725 | $3,600 |
| Red Wing 4 Bedroom Homes for Rent | $3,590 | $2,300 | $4,600 |
| Red Wing 5 Bedroom Homes for Rent | $2,498 | $2,300 | $2,895 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Red Wing, MN Local Guide
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Cheapest Neighborhoods for Apartments in Red Wing, MN
Pricing Updated: 04/28/2026Current 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 | $1,800 | $1,025 | 24 |
| Wacouta | $1,800 | $1,025 | 24 |
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 Trailside Acres 1 in the Harliss neighborhood priced from $631. Malmquist Estates in the Harliss neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $882. Here is today’s list of the most affordable Red Wing apartments for rent:
| 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 |
| Riverside Apartments | Studio | Studio,1BA | $1,026 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
Best Value Apartments for Rent in Red Wing, MN and Nearby
As of April 28, 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 520 Centennial St Model at 520 Centennial St, Unit 1 starting at $1,800 with a $1.38 price per square foot in the Harliss 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 |
| 520 Centennial St, Unit 1 | 520 Centennial St | 3BR,1.5BA | $1.38 |
| Park Place Apartments | B - View | 2BR,2BA | $1.49 |
| Voyageur Estates | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.80 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| The Current | Meadow Lake (1b/1b)- 1st Floor & Premium Tier | 1BR,1BA | $1.94 |
| Town Center Apartments | B2 | 1BR,1BA | $1.76 |
| Trailside Acres 1 | 2 Beds, 1 bath | 2BR,1BA | $1.48 |
| City Station | One bedroom CityOne | 1BR,1BA | $1.99 |
| Malmquist Estates | 1 Bed, 1 bath | 1BR,1BA | $1.53 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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 ArticleCash 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.
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.
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Best Local Schools in Red Wing, MN
School data provided by Great Schools
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Frequently Asked Questions about Red Wing
What type of rentals are currently available in Red Wing?
There are currently 58 Apartments for Rent in Red Wing, MN with pricing that ranges from $410 to $3,000. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Wing ranging from $875 to $4,600.
What is the current price range for Rental Homes in Red Wing?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Red Wing ranges from $875 to $4,600 with an average monthly rent of $2,270.
How much are larger Three and Four Bedroom Rentals in Red Wing?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Red Wing range from $1,539 to $2,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,725 to $3,600. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $2,000.
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.