Cheap Apartments for Rent in Rice, MN from $500 (12 Rentals)
Search the lowest-cost Apartments available for rent right now in Rice.

Country Acres Estates

Hunters Ridge

Camden Apartments

Paris Place Apartments

Middletown I Apartments

Norway Pines Apartments

Tremont Apartments

1035 Division St E
Rice, MN Local Guide

How much does it cost to rent an apartment in Rice?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Rice Studio Apartments | $926 | $725 | $1,780 |
Rice 1 Bedroom Apartments | $1,137 | $675 | $2,395 |
Rice 2 Bedroom Apartments | $1,344 | $725 | $3,428 |
Rice 3 Bedroom Apartments | $1,438 | $965 | $3,355 |
Browse Top Apartments in Rice
See all Apartments in RiceExplore Rice
Rice, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Rice Apartments for Rent and Nearby
 The cheapest available apartment rental in Rice, MN is a 2 Beds unit found at Oak Hill Estates priced from $855. Park Ave has the second lowest priced unit, which is a 2 Beds apartment currently listed from $900. Here is today’s list of the most affordable Rice apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Oak Hill Estates | Two Bedroom | 2BR,1BA | $855 |
Park Ave | 2 Bedroom | 2BR,1BA | $900 |
Norway Pines Apartments | 2B/1B/Xlarge | 2BR,1BA | $920 |
Mississippi View | 2 Bedroom 1 Bathroom | 2BR,1BA | $995 |
Heritage Village Apartments | 1 Bed A - CONTACT FOR AVAILABILITY | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Rice, MN and Nearby
As of March 25, 2025 the best value apartment in the Rice area is the $1.19 price per square foot 717 9th St NW Model at 717 9th St NW in the in the Willow Glen Carriage neighborhood starting from $2,149. The second greatest value Rice apartment is the 2 Bedroom+Den / 2.5 Bathroom (Premium-L) Model at Arbor Trails Townhomes starting at $2,345 with a $1.32 price per square foot . Here is today’s list of the best values for Rice apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
717 9th St NW | 717 9th St NW | 4BR,2BA | $1.19 |
Arbor Trails Townhomes | 2 Bedroom+Den / 2.5 Bathroom (Premium-L) | 2BR,2.5BA | $1.32 |
Keeneland Village Apartments | 2 Bedroom, 1 Bath | 2BR,1BA | $1.12 |
Victory Court Apartments | 555 Bldg - Plan E | 2BR,1BA | $1.38 |
Northview Apartments | 1 Bedroom + Den - CONTACT FOR AVAILABILITY | 1BR,1BA | $1.39 |
Mississippi View | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.20 |
Meadowlawn Village | 2 Bed/ 2 Bath | 2BR,2BA | $1.40 |
Norway Pines Apartments | 2B/1B/Xlarge | 2BR,1BA | $1.04 |
Park Ave | 2 Bedroom | 2BR,1BA | $1.06 |
Oak Hill Estates | Two Bedroom | 2BR,1BA | $1.07 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Rice, MN Rentals by Map
See the most popular apartments and homes in Rice, MN
Getting Around Rice, MN
Walk Score®
18 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
33 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Rice Apartments
What is the Cheapest Studio apartment in Rice?
Currently the most affordable Cheap Studio Apartment in Rice is at The Club at Heritage listed at $1,115.
How much is rent for a Cheap One Bedroom Rice Apartment?
The lowest price for a Cheap One Bedroom Rice Apartment is $1,050 at Heritage Village Apartments.
What is the lowest price for a Cheap Two Bedroom Rice Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Rice is starting from $855 at Oak Hill Estates.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.