
Cheap Apartments for Rent in River Falls, WI from $400 (29 Rentals)
Search the lowest-cost Apartments available for rent right now in River Falls.


Timber Ridge Apartments

Eagle Rock

Riverside Apartments

River City Apartments

The Depot

302 E Walnut St, Unit Apt C
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.

Total Monthly Price
930 S Main St, Unit 930 S Main Street

512 E Maple St

University Falls Apartments

City Station

353 Nicole Ln, Unit 2w

302 E Walnut St, Unit Apt B

Milltown Residences
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.

The Upland

220 Church St

The Aberdeen

Peregrine Terrace

Charlotte Apartments

Red Cedar Estates

River Place Apartments
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.

Rolling Hills MHP

518.5 E Walnut St

237 Broadway St

1285 Bartosh Ln

303 S Wasson Ln

1950 Pika Tr

559-599 N Maple St
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.

161 1st Ave N
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 | $1,387 | $960 | $1,899 |
| Cheap River Falls 2 Bedroom Apartments | $1,558 | $1,080 | $2,350 |
| Cheap River Falls 3 Bedroom Apartments | $2,061 | $1,252 | $2,550 |
| Cheap River Falls 4 Bedroom Apartments | $2,240 | $2,240 | $2,240 |
Browse Top Apartments in River Falls
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River Falls, WI Local Guide
- River Falls Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in River Falls, WI
Pricing Updated: 06/11/2026Current 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 | $410 | 42 |
| Pierce Far Eastern Suburbs | $2,240 | $410 | 83 |
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 $1,080. 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 | $1,080 |
| Riverside Apartments | 2BR Apartment | 2BR,1BA | $1,135 |
| City Station | One bedroom CityOne | 1BR,1BA | $1,395 |
| The Upland | Coneflower | 1BR,1BA | $1,463 |
| University Falls Apartments | 4 Bedroom | 4BR,2BA | $2,000 |
| 1063 E. Cascade Ave- Next to UWRF and CVTC | 5 Bedroom | 5BR,2BA | $2,095 |
| Brookgreen Townhomes | 2 Bedroom - Inner unit | 2BR,2BA | $2,150 |
Best Value Apartments for Rent in River Falls, WI
As of June 11, 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 4 Bedroom Model at University Falls Apartments starting at $2,000 with a $1.40 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 |
| University Falls Apartments | 4 Bedroom | 4BR,2BA | $1.40 |
| Brookgreen Townhomes | 2 Bedroom - Inner unit | 2BR,2.5BA | $1.53 |
| City Station | One bedroom CityOne | 1BR,1BA | $1.99 |
| River City Apartments | Two Bedroom | 2BR,1BA | $1.54 |
| Riverside Apartments | 1BR Apartment | 1BR,1BA | $1.78 |
| The Upland | Coneflower | 1BR,1BA | $2.39 |
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
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore River Falls, WI Rentals by Map
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 78 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.