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

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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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 1 Bed unit found at Norway Pines Apartments priced from $830. Park Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Rice apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Norway Pines Apartments1B/1B1BR,1BA$830
Park Ave2 Bedroom2BR,1BA$900
Hillside Apartments1st floor2BR,1BA$969
Tremont ApartmentsStudioStudio,1BA$970
The Club at HeritageA StudioStudio,1BA$1,065

Best Value Apartments for Rent in Rice, MN and Nearby

As of December 03, 2025 the best value apartment in the Rice area is the $1.25 price per square foot 2 Bed/2 Bath Patiohome Model at Kensington in the in the West Side neighborhood starting from $1,750. 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.
Kensington2 Bed/2 Bath Patiohome2BR,2BA$1.25
Mississippi Lofts2 Bed/ 2 Bath C22BR,2BA$1.26
The Ponds at Heritage PlaceB12BR,2BA$1.26
Mississippi View3 Bedroom 2 Bathroom3BR,2BA$1.11
1130 West Apartments2 BR / 2 BA C22BR,2BA$1.43
Hillside Apartments1st floor2BR,1BA$0.98
Victory Court Apartments555 Bldg - Plan G2BR,2BA$1.42
Park Ave2 Bedroom2BR,1BA$1.06
Paraiso Estates1 Bedroom, 1 Bathroom1BR,1BA$1.42
Norway Pines Apartments1B/1B1BR,1BA$1.28

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 $830 at Norway Pines 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 $900 at Park Ave.

What is the most affordable Rice Three Bedroom Apartment?

The best deal on a cheap Rice Three Bedroom Apartment rental is at Mississippi View and starts from $1,195.

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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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.

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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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.