Cheap Apartments for Rent in Richmond, MN from $400 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in Richmond.

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Maple Apartments
1 to 2 Bedroom Apartments

Maple Apartments

487 2nd St NERichmond, MN 56368
  • Utilities Included
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Bright River Estates
$764 - $1,059
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$745 - $1,040
Required Monthly Fees
$19

Total Monthly Price
$764 - $1,059
1 to 3 Bedroom Apartments Available Mar 2, 2026

Bright River Estates

1 Rivercrest DrSt. Cloud, MN 56303
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  • Customer Reviewed
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Westchester LLC
$819 - $994
Total Monthly Price

Total Monthly Price

Base Rent
$800 - $975
Required Monthly Fees
$19

Total Monthly Price
$819 - $994
1 to 2 Bedroom Apartments Available May 23, 2099

Westchester LLC

40 15th Ave NWaite Park, MN 56387
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  • Customer Reviewed
  • 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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Park Meadows
Rent Specials
$822 - $1,437
Total Monthly Price

Total Monthly Price

Base Rent
$780 - $1,395
Required Monthly Fees
$42

Total Monthly Price
$822 - $1,437
1 to 3 Bedroom Apartments Available Now

Park Meadows

408 Park Meadows DrWaite Park, MN 56387
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  • Customer Reviewed
  • 3D Tour

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 703 W Main St

$650 - $1,300

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 To 3 Bedroom Rentals

Available Now

703 W Main St

PaynesvilleMN56362
property at 512 Maple Ln

$848

Total Monthly Price

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Feb 1, 2026

512 Maple Ln

Grove CityMN56243
property at 311 5th St S

$848

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$848

Total Monthly Price
$848

1 Bedroom, 1 Bath Townhome for Rent

Available Now

311 5th St S

Grove CityMN56243

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 551 Milky Way St S

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

551 Milky Way St S

CosmosMN56228

Richmond, MN Local Guide

Cheapest Available Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richmond, MN is a Studio unit found at Driftwood Apartments in the West Saint Cloud neighborhood priced from $720. Waite Park Crossing in the Pantown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Driftwood ApartmentsStudioStudio,1BA$720
Waite Park CrossingOne bedroom + One bathroom1BR,1BA$795
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$795
Sunny VilleStudioStudio,1BA$820
Park MeadowsStearns1BR,1BA$822

Best Value Apartments for Rent in Richmond, MN and Nearby

As of December 24, 2025 the best value apartment in the Richmond area is the $1.29 price per square foot B8 Model at Cypress Court in the in the West Side neighborhood starting from $1,568. The second greatest value Richmond apartment is the Clemens Model at Park Meadows starting at $1,172 with a $1.07 price per square foot in the Pantown neighborhood. Here is today’s list of the best values for Richmond apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Cypress CourtB82BR,2BA$1.29
Park MeadowsClemens3BR,1BA$1.07
Savanna ApartmentsC2BR,1BA$1.17
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$0.98
Suncrest Apartments2 Bedroom2BR,1BA$1.11
Jacobs Square Apartments2 Bedroom, 1 Bath2BR,1BA$1.26
Pioneer Pointe2 Bed-12BR,1BA$1.19
Waite Park CrossingOne bedroom + One bathroom1BR,1BA$1.06
Driftwood ApartmentsStudioStudio ,1BA$1.18
Auburn Cove Apartments., LLC1 bedroom1BR,1BA$1.30

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

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Frequently Asked Questions about Cheap Richmond Apartments

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

The lowest price for a Cheap One Bedroom Richmond Apartment is $780 at Driftwood Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Richmond is starting from $850 at Auburn Cove Apartments., LLC.

What is the most affordable Richmond Three Bedroom Apartment?

The best deal on a cheap Richmond Three Bedroom Apartment rental is at Westwood Village and starts from $1,015.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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!