
Cheap Homes for Rent near Richwood, MN from $700 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Richwood.


1315 34th St Cir S

1305 34th St Cir S

204 4th St NW
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.

2913 8th St N

1704 6th Ave S

255 5th St SW

721 8th Ave N
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.
Richwood, MN Local Guide

How much does it cost to rent a home in Richwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Richwood 2 Bedroom Homes for Rent | $835 | $775 | $915 |
| Richwood 3 Bedroom Homes for Rent | $1,995 | $1,250 | $2,500 |
| Richwood 4 Bedroom Homes for Rent | $2,132 | $1,675 | $2,400 |
| Richwood 5 Bedroom Homes for Rent | $2,098 | $1,850 | $2,250 |
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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. Daybreak Place in the Clara Barton neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $550. 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 |
| Daybreak Place | Studio, 0 Bathroom | Studio,1BA | $550 |
| Terrace on the Green | 1 Bed, 1 bath | 1BR,1BA | $575 |
Best Value Apartments for Rent in Richwood, MN and Nearby
As of August 07, 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 |
| Crossings at Water's Edge | 1551-2B 2 | 2BR,2BA | $1.12 |
| JP Place | Mason | 3BR,2BA | $1.31 |
| Blue Eagle Townhomes | Three Bedroom | 3BR,2BA | $1.15 |
| Waterstone Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.06 |
| Skaff Apartments Moorhead | 1114 - 2 Bedroom | 2BR,1BA | $1.26 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| 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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Richwood
What type of rentals are currently available in Richwood?
There are currently 61 Apartments for Rent in Richwood, MN with pricing that ranges from $440 to $2,500. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richwood ranging from $775 to $2,500.
What is the current price range for Rental Homes in Richwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richwood ranges from $775 to $2,500 with an average monthly rent of $1,862.
How much are larger Three and Four Bedroom Rentals in Richwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Richwood range from $750 to $1,925, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $1,715.
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.

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.

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.