Cheap Homes for Rent in Riverton, MN from $500 (7 Rentals)

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

property at 516 E St NE

$595

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$595

Total Monthly Price
$595

1 Bedroom, 1 Bath Home for Rent

Available Feb 1, 2026

516 E St NE

BrainerdMN56401
property at 512 1st Ave NE

$925

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

3 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

512 1st Ave NE

BrainerdMN56401
property at 1007 SE 13th St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

1 Bedroom, 1 Bath Home for Rent

Available Jan 1, 2026

1007 SE 13th St

BrainerdMN56401

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.

property at 409 Meadow Dr

$995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Condo for Rent

Available Now

409 Meadow Dr, Unit #1

409 Meadow Dr
McGregorMN55760
property at 75 Willow St SE

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

75 Willow St SE

AkeleyMN56433
property at 911 2nd Ave NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Apr 9, 2026

911 2nd Ave NE

StaplesMN56479

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.

property at 13110 42nd Ave SW

$1,200

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

13110 42nd Ave SW

PillagerMN56473

Riverton, MN Local Guide

Cheapest Available Riverton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Riverton, MN is a 2 Beds unit found at Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood priced from $700. Oakcrest Manor Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Riverton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bonneywoode Arms Apartments2 Bed2BR,1BA$700
Oakcrest Manor Apartments1 Bedroom1BR,1BA$700
CROSBY COUNTRY APARTMENTSLg StudioStudio,1BA$845

Best Value Apartments for Rent in Riverton, MN and Nearby

As of December 21, 2025 the best value apartment in the Riverton area is the $1.39 price per square foot Three-Bedroom Model at Marsh Run Townhomes in the in the Downtown Brainerd neighborhood starting from $1,470. The second greatest value Riverton apartment is the T Model at Pinehurst Apartments starting at $1,800 with a $1.70 price per square foot in the Downtown Brainerd neighborhood. Here is today’s list of the best values for Riverton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marsh Run TownhomesThree-Bedroom3BR,1.5BA$1.39
Pinehurst ApartmentsT2BR,2BA$1.70
1020 Rosewood St, Unit 21020 Rosewood St2BR,1BA$1.05
Cardinal Pines Apartment Homes2 Bedroom 1 Bathroom2BR,1BA$1.44
431 Central AVE W, Unit 301431 Central AVE W2BR,1BA$1.34
918 Oak St, Unit 3918 Oak St1BR,1BA$1.17
Northern Lakes Senior LivingOne Bedroom1BR,1BA$1.67
2nd Ave ApartmentsB1BR,1BA$1.50
Fantastic 2-bedroom apartmentFantastic 2-bedroom apt2BR,1BA$1.32
Oakcrest Manor Apartments1 Bedroom1BR,1BA$1.12

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 Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

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Frequently Asked Questions about Riverton

What type of rentals are currently available in Riverton?

There are currently 34 Apartments for Rent in Riverton, MN with pricing that ranges from $525 to $2,320. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Riverton ranging from $595 to $4,500.

What is the current price range for Rental Homes in Riverton?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Riverton ranges from $595 to $4,500 with an average monthly rent of $2,085.

How much are larger Three and Four Bedroom Rentals in Riverton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Riverton range from $900 to $2,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $4,500. Four Bedroom Single-Family rentals are also available starting from $4,000 and Four Bedroom Apartments start at $1,800.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.