
Cheap Homes for Rent in Richwood, MN from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Richwood.


517 12th Ave N
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1009 13th Ave N

1203 34th St Cir S
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

2121 9th Ave S

914-15t 15th St N
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.

1346 17th St S

228 Aspen Ave S
Richwood, MN Local Guide

How much does it cost to rent a home in Richwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Richwood 2 Bedroom Homes for Rent | $1,229 | $950 | $1,600 |
Richwood 3 Bedroom Homes for Rent | $1,935 | $1,150 | $2,500 |
Richwood 4 Bedroom Homes for Rent | $2,002 | $1,395 | $2,400 |
Richwood 5 Bedroom Homes for Rent | $2,195 | $2,195 | $2,195 |
Browse Top Homes for Rent in Richwood
Explore Richwood
Richwood, MN Local Guide
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Cheapest Available Richwood Apartments for Rent and Nearby
 The cheapest available apartment rental in Richwood, MN is a 1 Bed unit found at Valley in the Clara Barton neighborhood priced from $500. The Corners in the Clara Barton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $520. Here is today’s list of the most affordable Richwood apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Valley | 1 Bedroom | 1BR,1BA | $500 |
The Corners | 1 Bedroom | 1BR,1BA | $520 |
Campus Aire Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $530 |
Best Value Apartments for Rent in Richwood, MN and Nearby
As of May 16, 2025 the best value apartment in the Richwood area is the $1.04 price per square foot 2 Bedroom, 1 Bathroom Model at Waterstone Apartments in the starting from $1,050. The second greatest value Richwood apartment is the 2 Bedroom 2 Bath Model at Southmoor Apartments & Townhomes starting at $670 with a $0.69 price per square foot in the Hawthorne neighborhood. Here is today’s list of the best values for Richwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Waterstone Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.04 |
Southmoor Apartments & Townhomes | 2 Bedroom 2 Bath | 2BR,2BA | $0.69 |
Picasso Square | 2 Bedroom | 2BR,1BA | $0.82 |
Park Rapids Apartments | 2 Bedroom | 2BR,1BA | $1.01 |
Cedar Park Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.01 |
Campus Aire Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $0.66 |
Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $0.79 |
Valley | 1 Bedroom | 1BR,1BA | $0.73 |
The Corners | 1 Bedroom | 1BR,1BA | $0.75 |
Terrace on the Green | 1 Bed, 1 bath | 1BR,1BA | $1.10 |
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.
Frequently Asked Questions about Richwood
What type of rentals are currently available in Richwood?
There are currently 54 Apartments for Rent in Richwood, MN with pricing that ranges from $435 to $2,395. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Richwood ranging from $575 to $2,500.
What is the current price range for Rental Homes in Richwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Richwood ranges from $575 to $2,500 with an average monthly rent of $1,515.
How much are larger Three and Four Bedroom Rentals in Richwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Richwood range from $715 to $1,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,150.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.