Cheap Homes for Rent in River Falls, WI from $800 (10 Rentals)

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Search the lowest-cost Homes available for rent right now in River Falls.

property at 161 1st Ave N

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

161 1st Ave N

BayportMN55003

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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.

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River Falls, WI Local Guide

Cheapest Neighborhoods for Apartments in River Falls, WI

Pricing Updated: 04/24/2026

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
Pierce Far Eastern Suburbs$2,300$8758
Downtown River Falls$2,400$8753

Cheapest Available River Falls Apartments for Rent

 

The cheapest available apartment rental in River Falls, WI is a Studio unit found at Riverside Apartments in the St Croix Far Eastern Suburbs neighborhood priced from $1,026. City Station in the Downtown River Falls neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,395. Here is today’s list of the most affordable River Falls apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Riverside ApartmentsStudioStudio,1BA$1,026
City StationOne bedroom CityOne1BR,1BA$1,395
The CurrentMeadow Lake (1b/1b)- 1st Floor & Premium Tier1BR,1BA$1,485

Best Value Apartments for Rent in River Falls, WI

As of April 24, 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 3 Bedroom Model at Brookgreen Townhomes starting at $2,550 with a $1.67 price per square foot in the St Croix 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$1.34
Brookgreen Townhomes3 Bedroom3BR,2.5BA$1.67
The UplandMeadow A1BR,1BA$2.20
The CurrentMeadow Lake (1b/1b)- 1st Floor & Premium Tier1BR,1BA$1.94
City StationOne bedroom CityOne1BR,1BA$1.99
Riverside ApartmentsStudioStudio ,1BA$2.28

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Quick 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.

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

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Frequently Asked Questions about River Falls

What type of rentals are currently available in River Falls?

There are currently 88 Apartments for Rent in River Falls, WI with pricing that ranges from $410 to $2,550. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in River Falls ranging from $875 to $4,600.

What is the current price range for Rental Homes in River Falls?

Today's rental pricing for Homes for Rent, Condos and Townhomes in River Falls ranges from $875 to $4,600 with an average monthly rent of $2,174.

How much are larger Three and Four Bedroom Rentals in River Falls?

For those who are looking for larger living arrangements, Three Bedroom Apartments in River Falls range from $1,500 to $2,550, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,615 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,000.

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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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.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.