Cheap Apartments for Rent in Rice, MN from $500 (11 Rentals)

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Benton Place Apartments
1 to 2 Bedroom Apartments

Benton Place Apartments

50 1st Ave NERice, MN 56367
Senior Living
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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property at 703 W Main St

703 W Main St

PaynesvilleMN56362

Rice, MN Local Guide

Cheapest Available Rice Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rice, MN is a 2 Beds unit found at Oak Hill Estates priced from $855. Middletown I Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here is today’s list of the most affordable Rice apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oak Hill EstatesTwo Bedroom2BR,1BA$855
Middletown I Apartments1 Bedroom 1 Bathroom1BR,1BA$1,015
The Club at HeritageA StudioStudio,1BA$1,045
Heritage Village Apartments1 Bed A - CONTACT FOR AVAILABILITY1BR,1BA$1,075
Wedgewood1BD/1BA - HC - Pool WO - CONTACT FOR AVAILABILITY1BR,1BA$1,104

Best Value Apartments for Rent in Rice, MN and Nearby

As of October 17, 2025 the best value apartment in the Rice area is the $1.00 price per square foot 3 Bed/2 Bath Model at Meadowlawn Village in the starting from $1,300. The second greatest value Rice apartment is the 2 Bed/ 2 Bath C2 Model at Mississippi Lofts starting at $1,495 with a $1.26 price per square foot in the Pantown neighborhood. Here is today’s list of the best values for Rice apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Meadowlawn Village3 Bed/2 Bath3BR,2BA$1.00
Mississippi Lofts2 Bed/ 2 Bath C22BR,2BA$1.26
The Ponds at Heritage PlaceB22BR,2BA$1.28
1130 West Apartments2 BR / 2 BA C22BR,2BA$1.43
Oak Hill EstatesTwo Bedroom2BR,1BA$0.98
Northview Apartments1 Bedroom - CONTACT FOR AVAILABILITY1BR,1BA$1.63
Mayhew Apartments1 Bedroom - CONTACT FOR AVAILABILITY1BR,1BA$1.48
Wedgewood1BD/1BA - Small - Pool WO - CONTACT FOR AVAILAB...1BR,1BA$1.46
Middletown I Apartments1 Bedroom 1 Bathroom1BR,1BA$1.33
Heritage Village Apartments1 Bedroom A1 - CONTACT FOR AVAILABILITY1BR,1BA$1.69

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Getting Around Rice, MN

Walk Score®

18 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

33 / 100

Somewhat Bikeable

Minimal bike infrastructure

Frequently Asked Questions about Cheap Rice Apartments

How much is rent for a Cheap One Bedroom Rice Apartment?

The lowest price for a Cheap One Bedroom Rice Apartment is $1,015 at Middletown I Apartments.

What is the lowest price for a Cheap Two Bedroom Rice Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rice is starting from $855 at Oak Hill Estates.

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.

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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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.