Cheap Homes for Rent near Richmond, MN from $400 (8 Rentals)

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

property at 815 5th Ave S
$400

Total Monthly Price

Base Rent$400

Total Monthly Price$400
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

815 5th Ave S

St. CloudMN56301
  • Smoke Free
property at 512 Maple Ln
$848

Total Monthly Price

Base Rent$848

Total Monthly Price$848
1 Bedroom, 1 Bath Townhome for Rent
Available Now

512 Maple Ln

Grove CityMN56243
property at 320 Augusta Ave SE
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

320 Augusta Ave SE

WillmarMN56201

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property at 519 14th St S
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

519 14th St S

St. CloudMN56301
  • Smoke Free
property at 706 1st St S
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
12 Month Lease Term
1 Bedroom, 1 Bath Townhome for Rent
Available Now

706 1st St S

WillmarMN56201
property at 510 2nd St N
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
1 Bedroom, 1 Bath Townhome for Rent
Available Now

510 2nd St N

DasselMN55325
property at 154 3rd Ave
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Townhome for Rent
Available Now

154 3rd Ave

SpicerMN56288

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Richmond, MN Local Guide

Cheapest Available Richmond Apartments for Rent and Nearby

 

The cheapest available apartment rental in Richmond, MN is a 2 Beds unit found at Westchester Apartments in the West Saint Cloud neighborhood priced from $869. Auburn Cove Apartments., LLC in the West Saint Cloud neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $880. Here is today’s list of the most affordable Richmond apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Westchester Apartments2B1B - A - CONTACT FOR AVAILABILITY2BR,1BA$869
Auburn Cove Apartments., LLC2br large2BR,1BA$880
Waite Park CrossingTwo bedroom + One bathroom B2BR,1BA$885

Best Value Apartments for Rent in Richmond, MN and Nearby

As of September 05, 2026 the best value apartment in the Richmond area is the $1.48 price per square foot Emerald 2 BD + Den - 2.5 BA Model at The Preserve at Stone Gate in the starting from $2,450. The second greatest value Richmond apartment is the Three bedroom + Two bathroom B Model at Waite Park Crossing starting at $1,355 with a $1.00 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.
The Preserve at Stone GateEmerald 2 BD + Den - 2.5 BA2BR,2.5BA$1.48
Waite Park CrossingThree bedroom + Two bathroom B3BR,2BA$1.00
Parkbury Villa2 Bed/ 1 Bath2BR,1BA$0.96
Westwood Parkway EstatesPavillion2BR,2BA$1.43
Prosper WestB9R2BR,2BA$1.47
Westwood VillageTwo bedroom/ One bathroom2BR,1BA$1.02
GatewoodIris2BR,1BA$1.24
Auburn Cove Apartments., LLC2br large2BR,1BA$1.09
Park MeadowsStearns1BR,1BA$1.20
Westchester Apartments2B1B - A - CONTACT FOR AVAILABILITY2BR,1BA$1.16

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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Navigating 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.

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Real 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 Richmond

What type of rentals are currently available in Richmond?

There are currently 45 Apartments for Rent in Richmond, MN with pricing that ranges from $750 to $3,095. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richmond ranging from $400 to $2,625.

What is the current price range for Rental Homes in Richmond?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Richmond ranges from $400 to $2,625 with an average monthly rent of $1,567.

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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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.

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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.

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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.

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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.