
Cheap Homes for Rent in Rice County, MN from $1,200 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Rice County.


1000 Division St S
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.

538 2nd St NW

24 6th St NW
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.

728 Colonial Cir
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 | $1,475 | $1,350 | $1,600 |
| Rice County 3 Bedroom Homes for Rent | $1,791 | $1,275 | $2,250 |
| Rice County 4 Bedroom Homes for Rent | $2,045 | $1,795 | $2,295 |
| Rice County 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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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 Four Seasons Apartments in the Downtown Faribault neighborhood priced from $975. Riverview Manor in the Green Meadows 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 Rice County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1,000 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in Rice County, MN
As of February 09, 2026 the best value apartment in the Rice County area is the $1.72 price per square foot 3 Bedroom Model at Mosaic Apartments in the in the Green Meadows neighborhood starting from $2,300. The second greatest value Rice County apartment is the 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC starting at $1,875 with a $1.50 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. |
|---|---|---|---|
| Mosaic Apartments | 3 Bedroom | 3BR,2BA | $1.72 |
| Straight River Apartments, LLC | 2 Bedroom 2 Bath + Den | 2BR,2BA | $1.50 |
| PARKWAY TOWNHOUSES | 3 Bedroom 1.5 Bathroom | 3BR,1.5BA | $1.17 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Riverchase Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.69 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Maple Trails Apartments | MT 2 BR SPLIT | 2BR,1BA | $1.65 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1.28 |
| Four Seasons Apartments | Beautiful Two Bedroom Apartment Home | 2BR,1BA | $1.62 |
Frequently Asked Questions about Rice County
What type of rentals are currently available in Rice County?
There are currently 97 Apartments for Rent in Rice County, MN with pricing that ranges from $670 to $2,500. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rice County ranging from $1,275 to $2,500.
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 $1,275 to $2,500 with an average monthly rent of $1,952.
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 $1,275 to $2,250. Four Bedroom Single-Family rentals are also available starting from $1,795 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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.