
Cheap Apartments for Rent in Rice, MN from $710 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Rice.


815 5th Ave S

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Country Acres Estates

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Camden Apartments

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Middletown I Apartments

718 6th Ave S

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Paris Place Apartments

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Norway Pines Apartments

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Hunters Ridge
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Tremont Apartments

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Mississippi Lofts

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Park Ave

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Hillside Apartments

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Oak Hill Estates

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Keeneland Village Apartments

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Mississippi View

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GrandView Estates

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Summit Court Estates
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Wedgewood

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Paraiso Estates

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The Club at Heritage

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Mayhew Apartments

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Kensington

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Meadowlawn Village

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Pheasant Crest Townhomes

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Northview Apartments

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Windsong Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Victory Court Apartments

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The Lodge at Pine Lakes

519 14th St S

121 Wilson Ave NE

6445 132nd Ave NE

24288 Marquette St

Heritage Village Apartments

1009 Shady Hollow Rd

10490 US-169
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.

210 9th Ave S
Rice, MN Local Guide

How much does it cost to rent an apartment in Rice?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rice Studio Apartments | $890 | $730 | $1,195 |
| Rice 1 Bedroom Apartments | $1,130 | $710 | $1,530 |
| Rice 2 Bedroom Apartments | $1,292 | $850 | $2,089 |
| Rice 3 Bedroom Apartments | $1,493 | $1,015 | $1,945 |
Browse Top Apartments in Rice
See all Apartments in RiceExplore Rice
Rice, MN Local Guide
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Cheapest Available Rice Apartments for Rent and Nearby
 The cheapest available apartment rental in Rice, MN is a 1 Bed unit found at Benton Place Apartments priced from $625. Hunters Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable Rice apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Benton Place Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $625 |
| Hunters Ridge | 2BR/1BA | 2BR, 1BA | $850 |
| Park Ave | 2 Bedroom | 2BR, 1BA | $900 |
| Hillside Apartments | 1st floor | 2BR, 1BA | $969 |
| Mississippi View | 2 Bedroom 1 Bathroom | 2BR, 1BA | $1,045 |
| The Club at Heritage | A Studio | Studio, 1BA | $1,195 |
| Summit Court Estates | 2 Bedroom 1 Bath | 2BR, 1BA | $1,215 |
| Meadowlawn Village | 2 Bed/ 2 Bath | 2BR, 2BA | $1,250 |
| Pheasant Crest Townhomes | 2 Bedroom Townhome | 2BR, 2BA | $1,255 |
| Windsong Apartments | 2 Bed/1 Bath A | 2BR, 1BA | $1,295 |
Best Value Apartments for Rent in Rice, MN and Nearby
As of September 22, 2026 the best value apartment in the Rice area is the $1.16 price per square foot 3 Bed/2 Bath Apt Model at Kensington in the West Side neighborhood starting from $1,795. The second greatest value Rice apartment is the B1 Model at The Ponds at Heritage Place starting at $1,558 with a $1.40 price per square foot. Here is today’s list of the best values for Rice apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kensington | 3 Bed/2 Bath Apt | 3BR, 2BA | $1.16 |
| The Ponds at Heritage Place | B1 | 2BR, 2BA | $1.40 |
| Pheasant Crest Townhomes | 2 Bedroom Townhome | 2BR, 2BA | $1.26 |
| Summit Court Estates | 2 Bedroom 1 Bath | 2BR, 1BA | $1.22 |
| Hillside Apartments | 1st floor | 2BR, 1BA | $0.98 |
| Windsong Apartments | 2 Bed/ 1 Bath G1 | 2BR, 1BA | $1.32 |
| Mississippi View | 2 Bedroom 2 Bathroom | 2BR, 2BA | $1.20 |
| Hunters Ridge | 2BR/1BA | 2BR, 1BA | $0.97 |
| Park Ave | 2 Bedroom | 2BR, 1BA | $1.03 |
| Benton Place Apartments | 1 Bedroom 1 Bath | 1BR, 1BA | $1.00 |
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.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rice, MN Rentals by Map
See the most popular apartments and homes in Rice, MN
Frequently Asked Questions about Cheap Rice 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 $850 at Hunters Ridge.
What is the most affordable Rice Three Bedroom Apartment?
The best deal on a cheap Rice Three Bedroom Apartment rental is at Park Ave and starts from $1,200.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.