Cheap Apartments for Rent in River Falls, WI from $400 (4 Rentals)

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Charlotte Apartments
Studio to 1 Bedroom Apartments

Charlotte Apartments

218 W Charlotte StRiver Falls, WI 54022
  • 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.

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Red Cedar Estates
2 to 3 Bedroom Apartments

Red Cedar Estates

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

River City Apartments

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

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.

River Falls, WI Local Guide

Cheapest Neighborhoods for Apartments in River Falls, WI

Pricing Updated: 07/02/2025

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$1,900$44045
Pierce Far Eastern Suburbs$1,900$440101

Best Value Apartments for Rent in River Falls, WI

As of July 03, 2025 the best value apartment in the River Falls area is the $1.06 price per square foot 516 N 8th St Model at 516 N 8th St, Unit 516 in the in the Downtown River Falls neighborhood starting from $1,800. 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.
516 N 8th St, Unit 516516 N 8th St4BR,2.5BA$1.06
Peregrine Bldg. 01St. James3BR,2BA$1.38
The Current Bldg. 03Princeton Valley (3b/2b)- 3rd Floor & Great Tier3BR,2BA$1.40
62 W Wood Ridge Dr, Unit 262 W Wood Ridge Dr3BR,1BA$1.67
The UplandPrairie1BR,1BA$1.98
Riverside Apartments2BR Apartment2BR,1BA$1.28
Milltown Residences1 Bedroom | 1 Bath1BR,1BA$1.61
1063 E. Cascade Ave- Next to UWRF and CVTC1 Room WITHIN a 5 Bedroom Apartment5BR,2BA$3.15

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

Explore River Falls, WI Rentals by Map

View MapRiver Falls, WI Apartments MapView MapRiver Falls, WI Rental Homes Map

Getting Around River Falls, WI

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

54 / 100

Bikeable

Some bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

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 Milltown Residences which is listed at $1,400, while the average apartment in River Falls costs $1,900.

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 80 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 $370 which is $1,530 cheaper than the average rent for all rentals in River Falls.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.