94 Viking Terrace
NorthfieldMN55057
Cheap Homes for Rent in Rice County, MN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in Rice County.
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.
51 Viking Terrace
NorthfieldMN55057
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
FaribaultMN55021
Showing Results 1-3, Page 1 of 1
Rice County, MN Local Guide
Winter Road by Derek Bakken is licensed under CC BY 2.0
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 | $1,525 | $1,350 | $1,750 |
| Rice County 3 Bedroom Homes for Rent | $1,622 | $1,120 | $2,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Best Value Apartments for Rent in Rice County, MN
As of May 10, 2026 the best value apartment in the Rice County area is the $1.50 price per square foot 2 Bedroom 2 Bath + Den Model at Straight River Apartments, LLC in the in the Downtown Faribault neighborhood starting from $1,875. The second greatest value Rice County apartment is the 2/1 Model at River Trail 901 starting at $1,295 with a $1.30 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 | $1.50 |
| River Trail 901 | 2/1 | 2BR,1BA | $1.30 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Town's Edge Place Apartments | 3 Bedroom | 3BR,2BA | $1.50 |
| Hidden Valley Apartments | ** COMING SOON ** | 2BR,1BA | $1.11 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Maple Trails Apartments | ** COMING SOON ** | 2BR,1BA | $1.61 |
| Northfield Estates | COMING SOON | 2BR,1BA | $1.19 |
| Riverview Manor | 1 BD 1 BA | 1BR,1BA | $1.27 |
| Woodridge Apartments | ** COMING SOON ** Surround yourself with nature. | 1BR,1BA | $1.36 |
Frequently Asked Questions about Rice County
What type of rentals are currently available in Rice County?
There are currently 101 Apartments for Rent in Rice County, MN with pricing that ranges from $750 to $2,250. There are also 7 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rice County ranging from $1,120 to $2,100.
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 $1,120 to $2,100 with an average monthly rent of $1,573.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.