Cheap Apartments for Rent in River Falls, WI from $400 (6 Rentals)

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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.

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Charlotte Apartments
Studio to 1 Bedroom Apartments

Charlotte Apartments

218 W Charlotte StRiver Falls, WI 54022
  • Utilities Included
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Red Cedar Estates
2 to 3 Bedroom Apartments

Red Cedar Estates

1510 Cemetery RdRiver Falls, WI 54022
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River City Apartments
2 Bedroom Apartments

River City Apartments

132 W Johnson StRiver Falls, WI 54022
Student Housing
  • Utilities Included

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.

River Falls, WI Local Guide

Cheapest Neighborhoods for Apartments in River Falls, WI

Pricing Updated: 12/28/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown River Falls$2,240$41051
Pierce Far Eastern Suburbs$2,240$41088

Cheapest Available River Falls Apartments for Rent

 

The cheapest available apartment rental in River Falls, WI is a 2 Beds unit found at Falls Apartments in the Downtown River Falls neighborhood priced from $830. Riverside Apartments in the St Croix Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here is today’s list of the most affordable River Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Falls Apartments2 Bedroom | 1 Bath2BR,1BA$830
Riverside Apartments1BR Apartment1BR,1BA$1,005
Glen Park 011 Bed 1 Bath - Remodeled1BR,1BA$1,015

Best Value Apartments for Rent in River Falls, WI

As of December 28, 2025 the best value apartment in the River Falls area is the $0.96 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 $1,499. The second greatest value River Falls apartment is the St. James Model at Peregrine Bldg. 01 starting at $1,925 with a $1.38 price per square foot in the Pierce Far Eastern Suburbs neighborhood. Here is today’s list of the best values for River Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1063 E. Cascade Ave- Next to UWRF and CVTC5 Bedroom5BR,2BA$0.96
Peregrine Bldg. 01St. James3BR,2BA$1.38
Brookgreen Townhomes2 Bedroom - End ADA2BR,2.5BA$1.91
The Aberdeen2 Bedroom Upper Split2BR,2BA$1.48
416 N 4th St, Unit 416.5416 N 4th St2BR,1BA$1.66
Milltown Residences1 Bedroom | 1 Bath1BR,1BA$1.59
Falls Apartments2 Bedroom | 1 Bath2BR,1BA$1.04
The CurrentMeadow Lake (1b/1b)- 1st Floor & Great Tier1BR,1BA$1.88
Glen Park 011 Bed 1 Bath - Remodeled1BR,1BA$1.56
Eagle Rock 11 Bed / 1 Bath - Remodeled1BR,1BA$1.58

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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The 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.

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Cash 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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $1,005, 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 76 regular apartments in River Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in River Falls?

Cheap apartments in River Falls have an average cost of $302 which is $1,938 cheaper than the average rent for all rentals in River Falls.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!