Cheap Homes for Rent in Red Wing, MN from $550 (9 Rentals)

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

property at 1210 Bush St
$550

Total Monthly Price

Base Rent$550

Total Monthly Price$550
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1210 Bush St

Red WingMN55066

Rent According to Income: A Look at Income-Restricted Rentals

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property at 720 10th St SW
$1,700

Total Monthly Price

Base Rent$1,700

Total Monthly Price$1,700
2 Bedroom, 2 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

720 10th St SW

Pine IslandMN55963

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property at 118 6th St W
$1,750

Total Monthly Price

Base Rent$1,750

Total Monthly Price$1,750
2 Bedroom, 2 Bath Home for Rent
Available Oct 1

118 6th St W

HastingsMN55033

Red Wing, MN Local Guide

Cheapest Neighborhoods for Apartments in Red Wing, MN

Pricing Updated: 09/13/2026

Current apartment rentals in the Red Wing, MN area range in price from $882 to $3,000 with an overall median price of $1,527. Here is today’s list neighborhoods with the lowest median pricing for Red Wing Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Red Wing$1,527$88211
Wacouta$1,527$88211

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 Malmquist Estates in the Harliss neighborhood priced from $985. Pleasant Ridge Apartments in the Harliss neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,120. Here is today’s list of the most affordable Red Wing apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Malmquist Estates2 Beds, 1 bath2BR,1BA$985
Pleasant Ridge ApartmentsTwo Bed2BR,2BA$1,120
River City ApartmentsTwo Bedroom2BR,1BA$1,120

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

As of September 13, 2026 the best value apartment in the Red Wing area is the $1.29 price per square foot C10 Model at Park Place Plaza in the in the Harliss neighborhood starting from $2,285. The second greatest value Red Wing apartment is the 5 Bedroom Model at 1063 E. Cascade Ave- Next to UWRF and CVTC starting at $1,995 with a $1.27 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Park Place PlazaC102BR,2BA$1.29
1063 E. Cascade Ave- Next to UWRF and CVTC5 Bedroom5BR,2BA$1.27
University Falls Apartments4 Bedroom4BR,2BA$1.40
Bridge Run TownhomesThree Bedroom3BR,2BA$1.10
Milltown Residences2 Bedroom | 1.5 Bath2BR,1.5BA$1.38
Park Place ApartmentsB - View2BR,2BA$1.49
Pleasant Ridge ApartmentsTwo Bed2BR,2BA$1.23
Hidden Valley ApartmentsTwo Bedroom/One Bath2BR,1BA$1.37
Malmquist Estates2 Beds, 1 bath2BR,1BA$1.36
River City ApartmentsTwo Bedroom2BR,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.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Real 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.

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

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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 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Red Wing ranging from $550 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 $550 to $4,600 with an average monthly rent of $2,448.

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 $1,090 to $2,230, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,890 to $3,990. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $2,240.

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

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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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.