
Cheap Homes for Rent in Rice, MN from $400 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Rice.


718 6th Ave S

519 14th St S

216 5th St SW

35 Lake St S
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.

1035 Division St E

42057 County Road 1, Unit Lower Level Suite

10490 US-169

490 3rd St S

723 5th Ave S
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.
Rice, MN Local Guide

How much does it cost to rent a home in Rice?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rice 2 Bedroom Homes for Rent | $1,481 | $895 | $2,295 |
| Rice 3 Bedroom Homes for Rent | $2,281 | $1,800 | $2,975 |
| Rice 4 Bedroom Homes for Rent | $2,742 | $1,500 | $3,900 |
| Rice 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
| Rice 6 Bedroom Homes for Rent | $2,500 | $2,100 | $2,900 |
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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 |
Best Value Apartments for Rent in Rice, MN and Nearby
As of July 29, 2026 the best value apartment in the Rice area is the $1.33 price per square foot B2 Model at The Ponds at Heritage Place in the starting from $1,516. The second greatest value Rice apartment is the 3 Bedroom 2 Bathroom Model at Mississippi View starting at $1,255 with a $1.17 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. |
|---|---|---|---|
| The Ponds at Heritage Place | B2 | 2BR,2BA | $1.33 |
| Mississippi View | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.17 |
| Windsong Apartments | 2 Bed/1 Bath A | 2BR,1BA | $1.19 |
| Pheasant Crest Townhomes | 2 Bedroom Townhome | 2BR,2BA | $1.26 |
| Hillside Apartments | 2nd floor | 2BR,1BA | $1.01 |
| Victory Court Apartments | 555 Bldg - Plan G | 2BR,2BA | $1.42 |
| Heritage Village Apartments | 2 Bed 2 Bath M | 2BR,2BA | $1.61 |
| 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 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Rice
What type of rentals are currently available in Rice?
There are currently 35 Apartments for Rent in Rice, MN with pricing that ranges from $710 to $2,180. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Rice ranging from $400 to $3,900.
What is the current price range for Rental Homes in Rice?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Rice ranges from $400 to $3,900 with an average monthly rent of $2,032.
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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.