
Cheap Apartments for Rent near Richwood, MN from $400 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Richwood.


Royal Apartments

Jeannie Anne Apartments

Skaff Apartments Moorhead

Eastmoor Apartments & Townhomes

Terrace on the Green

Rockridge

Southmoor Apartments & Townhomes

Courtyard Apartments on Belsly

Cedar Park Apartments
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.

McCarthy Apartments

Total Monthly Price
Carriage House Senior Apartments

South Shore Landing

Valley Pines Apartments

Parkview Housing

Courtyard Apartments

Horizon Shores Estates

The Colony

Sunridge Apartments

Pelican Heights Apartments
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.

Waterstone Apartments

The Grove

Meadows Edge Apartments

Huntington Pointe Apartments

The Fairways

Vanne

Total Monthly Price
Stonecrest Apartments

Rail 10 Apartments and Lofts

Pelican Rapids Townhomes

Griffin Court 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.

Silver Birch

Daybreak Place

Valley

Grace Apartments

The Property Shop

The Corners

Campus Aire Apartments

1411 20th St S

Scandia Village I, II, and III

Marigold Apartments
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.

Finlandia Apartments

Valley View Commons

Picasso Square

Pleasant View Manor

Heritage Manor

Sebeka Housing

Park Rapids Apartments

1510 11th Ave N

Riverside Apartments

701 Lily Ln
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.
Richwood, MN Local Guide

How much does it cost to rent an apartment in Richwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richwood Studio Apartments | $800 | $485 | $1,070 |
| Richwood 1 Bedroom Apartments | $1,120 | $440 | $1,850 |
| Richwood 2 Bedroom Apartments | $1,395 | $475 | $2,500 |
| Richwood 3 Bedroom Apartments | $1,369 | $750 | $1,925 |
| Richwood 4 Bedroom Apartments | $1,605 | $1,495 | $1,715 |
Browse Top Apartments in Richwood
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Richwood, MN Local Guide
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Cheapest Available Richwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Richwood, MN is a 1 Bed unit found at Royal Apartments in the Hawthorne neighborhood priced from $475. Skaff Apartments Moorhead in the Hawthorne neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Richwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $475 |
| Skaff Apartments Moorhead | 1904- 1 bedroom | Studio,1BA | $525 |
| Terrace on the Green | 1 Bed, 1 bath | 1BR,1BA | $575 |
| Rockridge | One Bedroom | 1BR,1BA | $595 |
| Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $595 |
| Courtyard Apartments on Belsly | Studio | Studio,1BA | $660 |
| Cedar Park Apartments | 1 Bed 1 Bath | 1BR,1BA | $675 |
| Daybreak Place | 2 Bedrooms, 0 Bathroom | 2BR,1BA | $695 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $794 |
| South Shore Landing | Studio - G | Studio,1BA | $805 |
Best Value Apartments for Rent in Richwood, MN and Nearby
As of July 23, 2026 the best value apartment in the Richwood area is the $0.81 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $1,280. The second greatest value Richwood apartment is the 2 Bedroom + Den, 1.5 Bath Model at Easten Townhomes starting at $1,225 with a $0.86 price per square foot . Here is today’s list of the best values for Richwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pelican Rapids Townhomes | 3 Bedroom | 3BR,1BA | $0.81 |
| Easten Townhomes | 2 Bedroom + Den, 1.5 Bath | 2BR,1.5BA | $0.86 |
| Westfield Apartments | 4 BD/2 BA | 4BR,2BA | $1.22 |
| Crossings at Water's Edge | 1501-2B 2 | 2BR,2BA | $1.12 |
| Blue Eagle Townhomes | Three Bedroom | 3BR,2BA | $1.15 |
| Waterstone Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.06 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $0.79 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.73 |
| Terrace on the Green | 2 Beds, 1 bath | 2BR,1BA | $1.21 |
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.
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 Richwood, MN Rentals by Map
See the most popular apartments and homes in Richwood, MN
Frequently Asked Questions about Cheap Richwood Apartments
What is the Cheapest Studio apartment in Richwood?
Currently the most affordable Cheap Studio Apartment in Richwood is at Skaff Apartments Moorhead listed at $525.
How much is rent for a Cheap One Bedroom Richwood Apartment?
The lowest price for a Cheap One Bedroom Richwood Apartment is $475 at Royal Apartments.
What is the lowest price for a Cheap Two Bedroom Richwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Richwood is starting from $520 at Royal Apartments.
What is the most affordable Richwood Three Bedroom Apartment?
The best deal on a cheap Richwood Three Bedroom Apartment rental is at Blue Eagle Townhomes and starts from $1,212.
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.