
Cheap Apartments for Rent in Richwood, MN from $400 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Richwood.


Trollwood Manor Apartments

Royal Apartments

Jeannie Anne Apartments

Campus Aire Apartments

Southmoor Apartments & Townhomes

Eastmoor Apartments & Townhomes

Terrace on the Green

Rockridge
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.

Courtyard Apartments on Belsly

Cedar Park Apartments

Skaff Apartments Moorhead

Sebeka Housing

Park Rapids Apartments

McCarthy Apartments

701 Lily Ln

Daybreak Place

Grace Apartments
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.

Valley

The Property Shop

The Corners

Silver Birch

1411 20th St S

701 4th St N

Marigold Apartments

Scandia Village I, II, and III

Finlandia Apartments
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.

Valley View Commons

Picasso Square

6 11th St S

Pleasant View Manor

1209-11 1/2 11 1/2 St N

Heritage Manor

811 7th Ave N

611 9th Ave N

1305 34th St Cir S
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Riverside Apartments

1211-11 1/2 11 1/2 St N
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 | $834 | $400 | $1,070 |
| Richwood 1 Bedroom Apartments | $997 | $445 | $1,335 |
| Richwood 2 Bedroom Apartments | $1,160 | $475 | $2,395 |
| Richwood 3 Bedroom Apartments | $1,363 | $760 | $1,795 |
| Richwood 4 Bedroom Apartments | $1,454 | $1,193 | $1,715 |
Browse Top Apartments in Richwood
See all Apartments in RichwoodExplore Richwood
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 Trollwood Manor Apartments in the Trollwood neighborhood priced from $445. Daybreak Place in the Clara Barton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $475. Here is today’s list of the most affordable Richwood apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trollwood Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $445 |
| Daybreak Place | Studio, 0 Bathroom | Studio,1BA | $475 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $475 |
| Campus Aire Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $525 |
| Southmoor Apartments & Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $565 |
| Griffin Court Apartments | Griffin Court - One Bedroom | 1BR,1BA | $575 |
| Terrace on the Green | 1 Bed, 1 bath | 1BR,1BA | $575 |
| Eastmoor Apartments & Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $575 |
| Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $595 |
| Rockridge | One Bedroom | 1BR,1BA | $595 |
Best Value Apartments for Rent in Richwood, MN and Nearby
As of February 21, 2026 the best value apartment in the Richwood area is the $0.97 price per square foot 2 Bedroom, 2.5 Bathrooms Model at Prairie Crossing Townhomes in the starting from $1,395. The second greatest value Richwood apartment is the 2 Bedroom + Den, 1.5 Bath Model at Easten Townhomes starting at $1,045 with a $0.73 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. |
|---|---|---|---|
| Prairie Crossing Townhomes | 2 Bedroom, 2.5 Bathrooms | 2BR,2.5BA | $0.97 |
| Easten Townhomes | 2 Bedroom + Den, 1.5 Bath | 2BR,1.5BA | $0.73 |
| Waterstone Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.04 |
| 701 Lily Ln | 2 Bedroom | 2BR,1BA | $0.83 |
| Trollwood Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.55 |
| Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $0.79 |
| Southmoor Apartments & Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $0.87 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.73 |
| Eastmoor Apartments & Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $0.89 |
| Campus Aire Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $0.86 |
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 ArticleThe 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.
Read ArticleCash 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.
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 Daybreak Place listed at $475.
How much is rent for a Cheap One Bedroom Richwood Apartment?
The lowest price for a Cheap One Bedroom Richwood Apartment is $445 at Trollwood Manor 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 $475 at Trollwood Manor Apartments.
What is the most affordable Richwood Three Bedroom Apartment?
The best deal on a cheap Richwood Three Bedroom Apartment rental is at Eastmoor Apartments & Townhomes and starts from $760.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.