
Cheap Homes for Rent near 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

121 Wilson Ave NE

6445 132nd Ave NE
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.

154 3rd Ave

1009 Shady Hollow Rd

104 1st Ave NW

10490 US-169

210 9th 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 | $1,494 | $895 | $2,295 |
| Rice 3 Bedroom Homes for Rent | $2,234 | $1,785 | $3,495 |
| Rice 4 Bedroom Homes for Rent | $2,347 | $1,400 | $3,900 |
| Rice 5 Bedroom Homes for Rent | $2,392 | $2,195 | $2,590 |
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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 September 12, 2026 the best value apartment in the Rice area is the $1.29 price per square foot 3 Bed/ 2 Bath Model at Kensington in the in the West Side neighborhood starting from $1,745. 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. |
|---|---|---|---|
| Kensington | 3 Bed/ 2 Bath | 3BR,2BA | $1.29 |
| Mississippi View | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.17 |
| Mayhew Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| 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 |
| 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
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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 $2,051. There are also 38 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 $1,997.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.