Cheap Apartments for Rent in Rice, MN from $500 (12 Rentals)

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Benton Place Apartments
1 to 2 Bedroom Apartments

Benton Place Apartments

50 1st Ave NERice, MN 56367
Senior Living
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Rice, MN Local Guide

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 ListingModel NameBed/BathPriced From
Oak Hill EstatesTwo Bedroom2BR,1BA$855
Park Ave2 Bedroom2BR,1BA$900
Mississippi View2 Bedroom 1 Bathroom2BR,1BA$995
Hillside Apartments3 rd floor2BR,1BA$1,019
Summit Court Estates1 Bedroom 1 Bathroom1BR,1BA$1,075

Best Value Apartments for Rent in Rice, MN and Nearby

As of April 17, 2025 the best value apartment in the Rice area is the $1.27 price per square foot B2 Model at The Ponds at Heritage Place in the starting from $1,450. The second greatest value Rice apartment is the 2 Bedroom 2 Bathroom Model at Tremont Apartments starting at $1,365 with a $1.31 price per square foot in the Pantown neighborhood. Here is today’s list of the best values for Rice apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Ponds at Heritage PlaceB22BR,2BA$1.27
Tremont Apartments2 Bedroom 2 Bathroom2BR,2BA$1.31
Hillside Apartments1st floor2BR,1BA$1.08
Keeneland Village Apartments2 Bedroom, 1 Bath2BR,1BA$1.12
Mississippi View2 Bedroom 2 Bathroom2BR,2BA$1.20
Oak Hill EstatesTwo Bedroom2BR,1BA$0.98
Park Ave2 Bedroom2BR,1BA$1.06
Mayhew Apartments1 Bedroom - CONTACT FOR AVAILABILITY1BR,1BA$1.43
Wedgewood Estates!1BD/1BA - Small - Pool WO - CONTACT FOR AVAILAB...1BR,1BA$1.44
Summit Court Estates1 Bedroom 1 Bathroom1BR,1BA$1.42

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

Explore Rice, MN Rentals by Map

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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

How much is rent for a Cheap One Bedroom Rice Apartment?

The lowest price for a Cheap One Bedroom Rice Apartment is $1,075 at Summit Court Estates.

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.

What is the most affordable Rice Three Bedroom Apartment?

The best deal on a cheap Rice Three Bedroom Apartment rental is at Mississippi View and starts from $1,195.

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.

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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.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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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.

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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.