
Cheap Apartments for Rent in the Downtown River Falls Neighborhood of River Falls, WI from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown River Falls area of River Falls.


Eagle Rock Apartments

River City Apartments

302 E Walnut St, Unit Apt C

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

512 E Maple St

The Depot

University Falls Apartments

City Station

353 Nicole Ln
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.

302 E Walnut St, Unit Apt B

Milltown Residences

317 Nicole Ln

Charlotte Apartments

518.5 E Walnut St
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.

237 Broadway St

1285 Bartosh Ln
Downtown River Falls, River Falls, WI Local Guide

How much does it cost to rent an apartment in Downtown River Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown River Falls 1 Bedroom Apartments | $1,090 | $960 | $1,465 |
| Downtown River Falls 2 Bedroom Apartments | $1,420 | $1,080 | $1,775 |
| Downtown River Falls 3 Bedroom Apartments | $1,920 | $1,740 | $2,100 |
| Downtown River Falls 4 Bedroom Apartments | $2,240 | $2,240 | $2,240 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 1 mile radius of the Downtown River Falls Neighborhood of River Falls, WI.
See all Apartments in River FallsExplore River Falls
Downtown River Falls, River Falls, WI Local Guide
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Cheapest Available Downtown River Falls Apartments for Rent
 The cheapest available apartment rental in the Downtown River Falls area of River Falls, WI is a 2 Beds unit found at River City Apartments priced from $1,080. The Depot has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,225. Here are the most affordable Downtown River Falls apartments for rent in River Falls, WI:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River City Apartments | Two Bedroom | 2BR,1BA | $1,080 |
| The Depot | 1br411 | 1BR,1BA | $1,225 |
| City Station | One bedroom CityOne | 1BR,1BA | $1,395 |
| University Falls Apartments | 4 Bedroom | 4BR,2BA | $2,000 |
| 1063 E. Cascade Ave- Next to UWRF and CVTC | 5 Bedroom | 5BR,2BA | $2,095 |
Best Value Apartments for Rent in Downtown River Falls, WI
As of June 05, 2026 the best value apartment in the Downtown 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 Downtown 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 Downtown 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 |
| City Station | One bedroom CityOne | 1BR,1BA | $1.99 |
| River City Apartments | Two Bedroom | 2BR,1BA | $1.54 |
| The Depot | 1br411 | 1BR,1BA | $1.91 |
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.
Pet Friendly LifestyleDowntown River Falls, River Falls, WI
Ranked #2
Among cities in Wisconsin for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
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

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.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.