603 1st St SW
FaribaultMN55021
Cheap Apartments for Rent in Rice County, MN from $500 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Rice County.
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$910
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$900
Required Monthly Fees
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Total Monthly Price
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Woodridge Apartments
1900-1960 Roosevelt DrNorthfield, MN 55057
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$975 - $1,350
Plus Fees
1 to 3 Bedroom Apartments Available NowFour Seasons Apartments
1250 Autumn DrFaribault, MN 55021
321 1st Ave
LonsdaleMN55046
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$982
Total Monthly Price
1 Bedroom Apartments Available Aug 14Total Monthly Price
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$972
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Hidden Valley Apartments
1370 Heritage DrNorthfield, MN 55057
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.
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$995
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1 Bedroom Apartments Contact Us For AvailabilityRiverview Manor
500 Woodley St WNorthfield, MN 55057
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Rent Specials
$1,000 - $1,945
Plus Fees
Studio to 2 Bedroom Apartments Available NowStraight River Apartments, LLC
601 1st Ave NEFaribault, MN 55021
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1 to 2 Bedroom Apartments
Southgate Village
1518 9th Ave SWFaribault, MN 55021
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1 to 2 Bedroom Apartments
Southgate Village
1528 9th Ave SWFaribault, MN 55021
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2 Bedroom Apartments
Hidden Valley Road
2113-2123 Hidden Valley RdNorthfield, MN 55057
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.
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Studio to 3 Bedroom Apartments
Summerfield Apartments
951 Ensley AveNorthfield, MN 55057
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Rice County, MN Local Guide
How much does it cost to rent an apartment in Rice County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rice County Studio Apartments | $1,259 | $1,000 | $1,400 |
| Rice County 1 Bedroom Apartments | $1,283 | $850 | $1,875 |
| Rice County 2 Bedroom Apartments | $1,503 | $1,027 | $2,150 |
| Rice County 3 Bedroom Apartments | $1,772 | $1,275 | $2,250 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Cheapest Available Rice County Apartments for Rent
The cheapest available apartment rental in Rice County, MN is a 1 Bed unit found at Woodridge Apartments in the Green Meadows neighborhood priced from $910. Four Seasons Apartments in the Downtown Faribault neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here is today’s list of the most affordable Rice County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $910 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Straight River Apartments, LLC | Studio | Studio,1BA | $1,000 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,033 |
| Elmview Apartments | 2 BD/1 BA | 2BR,1BA | $1,243 |
Best Value Apartments for Rent in Rice County, MN
As of July 19, 2026 the best value apartment in the Rice County area is the $1.41 price per square foot 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC in the in the Downtown Faribault neighborhood starting from $1,695. The second greatest value Rice County apartment is the Two Bedroom One Bathroom Model at Hillside Apartments starting at $1,440 with a $1.38 price per square foot in the Downtown Faribault neighborhood. Here is today’s list of the best values for Rice County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.41 |
| Hillside Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.38 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Timberfield Apartments | Two Bedroom/ Two Bathroom | 2BR,2BA | $1.64 |
| Dundas Apartments | 2 bed, 1 bath | 2BR,1BA | $1.78 |
| Riverchase Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.63 |
| Town's Edge Place Apartments | 2 Bedroom | 2BR,1BA | $1.40 |
| The Faribo Apartments | Two Bedroom A | 2BR,1BA | $1.66 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.36 |
Frequently Asked Questions about Cheap Rice County Apartments
What is the Cheapest Studio apartment in Rice County?
Currently the most affordable Cheap Studio Apartment in Rice County is at Straight River Apartments, LLC listed at $1,000.
How much is rent for a Cheap One Bedroom Rice County Apartment?
The lowest price for a Cheap One Bedroom Rice County Apartment is $910 at Woodridge Apartments.
What is the lowest price for a Cheap Two Bedroom Rice County Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rice County is starting from $1,189 at Town's Edge Place Apartments.
What is the most affordable Rice County Three Bedroom Apartment?
The best deal on a cheap Rice County Three Bedroom Apartment rental is at Four Seasons Apartments and starts from $1,350.
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.