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


114 S 4th St

545 Birchcrest Dr

415-417 S Wasson Ln

Glen Park Apartments

Eagle Rock Apartments

Riverside Apartments

Timber Ridge Apartments

The Depot
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.

302 E Walnut St, Unit Apt C

Total Monthly Price
210 N Fremont St, Unit 2

River City Apartments

The Current

University Falls Apartments

City Station

1300 Main Residences

Milltown Residences

220 Church St
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.

The Upland

The Aberdeen

Peregrine Terrace

N8172 950th St

615 High Ridge Rd

Charlotte Apartments

Red Cedar Estates

River Place Apartments

Rolling Hills MHP
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.

518.5 E Walnut St

210 N Fremont St

237 Broadway St

1285 Bartosh Ln

521 State St

1345 S Sixth St

303 S Wasson Ln

559-599 N Maple St

161 1st Ave N
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.

1101 2nd St W

563 Lulu Ln
River Falls, WI Local Guide

How much does it cost to rent an apartment in River Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap River Falls Studio Apartments | $1,051 | $1,026 | $1,077 |
| Cheap River Falls 1 Bedroom Apartments | $1,437 | $400 | $1,899 |
| Cheap River Falls 2 Bedroom Apartments | $1,501 | $950 | $2,350 |
| Cheap River Falls 3 Bedroom Apartments | $2,052 | $1,252 | $2,550 |
| Cheap River Falls 4 Bedroom Apartments | $2,240 | $2,240 | $2,240 |
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River Falls, WI Local Guide
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Cheapest Neighborhoods for Apartments in River Falls, WI
Pricing Updated: 07/27/2026Current apartment rentals in the River Falls, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for River Falls Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown River Falls | $2,240 | $400 | 6 |
| Pierce Far Eastern Suburbs | $2,240 | $400 | 38 |
Cheapest Available River Falls Apartments for Rent
 The cheapest available apartment rental in River Falls, WI is a 2 Beds unit found at River City Apartments in the Downtown River Falls neighborhood priced from $1,120. Riverside Apartments in the St Croix Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,135. Here is today’s list of the most affordable River Falls apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River City Apartments | Two Bedroom | 2BR,1BA | $1,120 |
| Riverside Apartments | 2BR Apartment | 2BR,1BA | $1,135 |
| City Station | One bedroom CityOne | 1BR,1BA | $1,395 |
| 1300 Main Residences | 2 Bedroom | 2BR,1BA | $1,399 |
| The Upland | Meadow B | 1BR,1BA | $1,575 |
| 1063 E. Cascade Ave- Next to UWRF and CVTC | 5 Bedroom | 5BR,2BA | $2,095 |
Best Value Apartments for Rent in River Falls, WI
As of July 27, 2026 the best value apartment in the River Falls area is the $1.34 price per square foot 5 Bedroom Model at 1063 E. Cascade Ave- Next to UWRF and CVTC in the in the Downtown River Falls neighborhood starting from $2,095. The second greatest value River Falls apartment is the 2 Bedroom Model at 1300 Main Residences starting at $1,399 with a $1.31 price per square foot in the Downtown River Falls neighborhood. Here is today’s list of the best values for River Falls apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1063 E. Cascade Ave- Next to UWRF and CVTC | 5 Bedroom | 5BR,2BA | $1.34 |
| 1300 Main Residences | 2 Bedroom | 2BR,1BA | $1.31 |
| The Upland | Meadow A | 1BR,1BA | $2.20 |
| City Station | One bedroom CityOne | 1BR,1BA | $1.99 |
| River City Apartments | Two Bedroom | 2BR,1BA | $1.60 |
| Riverside Apartments | 1BR Apartment | 1BR,1BA | $1.78 |
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.
Best Local Schools in River Falls, WI
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in River Falls, WI
Frequently Asked Questions about Cheap River Falls Apartments
What is the price of a cheap apartment in River Falls?
The cheapest apartment in River Falls is Riverside Apartments which is listed at $1,201, while the average apartment in River Falls costs $2,240.
What types of apartments are the cheapest in River Falls?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in River Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.