
Cheap Homes for Rent in the Downtown River Falls Neighborhood of River Falls, WI from $1,010 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown River Falls area of River Falls.

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.

518.5 E Walnut 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.

210 N Fremont St
Downtown River Falls, River Falls, WI Local Guide

How much does it cost to rent a home in Downtown River Falls?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown River Falls 2 Bedroom Homes for Rent | $1,211 | $1,010 | $1,525 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 1 mile radius of the Downtown River Falls Neighborhood of River Falls, WI.
Explore River Falls
Downtown River Falls, River Falls, WI Local Guide
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Best Value Apartments for Rent in Downtown River Falls, WI
As of August 27, 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 |
| 115 N 9th St, Unit Unit 2 | 115 N 9th St | 2BR,1BA | $1.24 |
| Milltown Residences | 1 Bedroom | 1 Bath | 1BR,1BA | $1.61 |
| River City Apartments | Two Bedroom | 2BR,1BA | $1.60 |
| Glen Park Apartments | 1 Bed 1 Bath - Patio | 1BR,1BA | $1.48 |
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
3.5Pet Friendly
Frequently Asked Questions about Downtown River Falls
What type of rentals are currently available in Downtown River Falls?
There are currently 72 Apartments for Rent in Downtown River Falls, WI with pricing that ranges from $400 to $2,240. There are also 4 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown River Falls ranging from $1,010 to $1,525.
What is the current price range for Rental Homes in Downtown River Falls?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown River Falls ranges from $1,010 to $1,525 with an average monthly rent of $1,211.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.