Cheap Homes for Rent in Rice County, MN from $1,300 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Rice County.

property at 538 2nd St NW

538 2nd St NW

FaribaultMN55021
property at 501 1st St W

501 1st St W

NorthfieldMN55057

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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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Showing Results 1-6, Page 1 of 1

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 $900. Northfield Estates in the Wood Hill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable Rice County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$900
Northfield EstatesCOMING SOON2BR,1BA$935
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975

Best Value Apartments for Rent in Rice County, MN

As of December 14, 2025 the best value apartment in the Rice County area is the $1.46 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,835. The second greatest value Rice County apartment is the Three Bedroom Model at Jefferson Square starting at $1,418 with a $1.21 price per square foot in the Green Meadows neighborhood. Here is today’s list of the best values for Rice County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Straight River Apartments, LLC2 Bedroom 2 Bath + Den2BR,2BA$1.46
Jefferson SquareThree Bedroom3BR,1.5BA$1.21
1935 7th St NW, Unit A1935 7th St NW3BR,1BA$1.50
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.36
Town's Edge Place Apartments3 Bedroom3BR,2BA$1.50
Hidden Valley Apartments** COMING SOON **2BR,1BA$1.10
PARKWAY TOWNHOUSES2 Bedroom 1.5 Bathroom2BR,1.5BA$1.23
Maple Trails Apartments** COMING SOON **2BR,1BA$1.61
Northfield EstatesCOMING SOON2BR,1BA$1.17
Woodridge Apartments** COMING SOON ** Surround yourself with nature.1BR,1BA$1.34

Frequently Asked Questions about Rice County

What type of rentals are currently available in Rice County?

There are currently 96 Apartments for Rent in Rice County, MN with pricing that ranges from $900 to $2,500. There are also 8 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rice County ranging from $1,350 to $2,950.

What is the current price range for Rental Homes in Rice County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Rice County ranges from $1,350 to $2,950 with an average monthly rent of $1,949.

How much are larger Three and Four Bedroom Rentals in Rice County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Rice County range from $1,350 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $1,900. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $2,500.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.