
Cheap Homes for Rent in Red Wing, MN from $1,400 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Red Wing.


1543 Bush St

261 Frenn Ave

320 4th St W

1405 S Park St

1970 Pika Tr
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.

455 N 4th St

720 10th St SW

3512 Sterling Heights Dr

1980 Pika Tr

491 Co Rd

3553 Sterling Heights Dr
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.

76 Meggan Dr

360 Cari Park Ln

2550 Dawes Place

14725 Afton Blvd

237 Motel Ave

146 W Cemetery Rd
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.
Red Wing, MN Local Guide

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 | $1,832 | $1,600 | $2,450 |
| Red Wing 3 Bedroom Homes for Rent | $2,284 | $1,480 | $3,600 |
| Red Wing 4 Bedroom Homes for Rent | $3,104 | $1,950 | $4,600 |
| Red Wing 5 Bedroom Homes for Rent | $3,542 | $2,500 | $4,300 |
Browse Top Homes for Rent in Red Wing
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Red Wing, MN Local Guide
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Cheapest Neighborhoods for Apartments in Red Wing, MN
Pricing Updated: 12/17/2025Current 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 | $1,860 | $1,055 | 24 |
| Wacouta | $1,860 | $1,055 | 24 |
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 Falls Apartments in the Downtown River Falls neighborhood priced from $830. Hidden Valley Apartments in the Dakota Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Red Wing apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Falls Apartments | 2 Bedroom | 1 Bath | 2BR,1BA | $830 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1,000 |
| Riverside Apartments | 1BR Apartment | 1BR,1BA | $1,005 |
| Glen Park 01 | 1 Bed 1 Bath - Remodeled | 1BR,1BA | $1,015 |
| Eagle Rock 1 | 1 Bed / 1 Bath - Remodeled | 1BR,1BA | $1,025 |
Best Value Apartments for Rent in Red Wing, MN and Nearby
As of December 17, 2025 the best value apartment in the Red Wing area is the $0.96 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 $1,499. 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 | $0.96 |
| University Falls Apartments | 4 Bedroom | 4BR,2BA | $1.40 |
| Peregrine Bldg. 01 | St. James | 3BR,2BA | $1.38 |
| The Aberdeen | 2 Bedroom Upper Split | 2BR,2BA | $1.48 |
| 551 18th St E | 2 bedroom | 2BR,1BA | $1.44 |
| Milltown Residences | 1 Bedroom | 1 Bath | 1BR,1BA | $1.61 |
| Falls Apartments | 2 Bedroom | 1 Bath | 2BR,1BA | $1.04 |
| Glen Park 01 | 1 Bed 1 Bath - Remodeled | 1BR,1BA | $1.56 |
| Eagle Rock 1 | 1 Bed / 1 Bath - Remodeled | 1BR,1BA | $1.58 |
| Hidden Valley Apartments | One Bedroom/One Bath | 1BR,1BA | $1.60 |
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 ArticleQuick Rent Budget Calculator
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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!
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See the most popular apartments and homes in Red Wing, MN
Frequently Asked Questions about Red Wing
What type of rentals are currently available in Red Wing?
There are currently 52 Apartments for Rent in Red Wing, MN with pricing that ranges from $410 to $2,590. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Wing ranging from $1,480 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 $1,480 to $4,600 with an average monthly rent of $2,450.
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 $1,252 to $2,195, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,480 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,950 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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.