Cheap Homes for Rent in Rice County, MN from $1,300 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Rice County.

538 2nd St NW

501 1st St W
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.

1402 Division St W

1402 Division St W

616 2nd St NE
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.
Rice County, MN Local Guide

How much does it cost to rent a home in Rice County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rice County 2 Bedroom Homes for Rent | $1,566 | $1,350 | $1,950 |
| Rice County 3 Bedroom Homes for Rent | $1,950 | $1,900 | $2,000 |
| Rice County 4 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
| Rice County 5 Bedroom Homes for Rent | $2,800 | $2,800 | $2,800 |
Browse Homes for Rent in Rice County
Explore Rice County
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $900 |
| Northfield Estates | COMING SOON | 2BR,1BA | $935 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
Best Value Apartments for Rent in Rice County, MN
As of November 07, 2025 the best value apartment in the Rice County area is the $1.48 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,850. The second greatest value Rice County apartment is the 2 bedroom 1 bathroom Model at Heritage Bluff Apartments LLC starting at $1,345 with a $1.36 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. |
|---|---|---|---|
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.48 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.40 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.10 |
| PARKWAY TOWNHOUSES | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.23 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Northfield Estates | COMING SOON | 2BR,1BA | $1.17 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.61 |
| 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 $2,300. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rice County ranging from $1,350 to $2,800.
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 $2,800 with an average monthly rent of $2,154.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
