Cheap Apartments for Rent in the Downtown River Falls Neighborhood of River Falls, WI from $400 (4 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown River Falls area of River Falls.

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Charlotte Apartments
Studio to 1 Bedroom Apartments

Charlotte Apartments

218 W Charlotte StRiver Falls, WI 54022
  • Utilities Included
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River City Apartments
2 Bedroom Apartments

River City Apartments

132 W Johnson StRiver Falls, WI 54022
Student Housing
  • Utilities Included

Downtown River Falls, River Falls, WI Local Guide

Best Value Apartments for Rent in Downtown River Falls, WI

As of March 31, 2025 the best value apartment in the Downtown River Falls area is the $1.45 price per square foot 3 Bedroom | 2 Bath Model at Milltown Residences in the in the Downtown River Falls neighborhood starting from $1,900. The second greatest value Downtown River Falls apartment is the 62 W Wood Ridge Dr Model at 62 W Wood Ridge Dr, Unit 2 starting at $1,750 with a $1.67 price per square foot in the Downtown River Falls neighborhood. Here is today’s list of the best values for Downtown River Falls apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Milltown Residences3 Bedroom | 2 Bath3BR,2BA$1.45
62 W Wood Ridge Dr, Unit 262 W Wood Ridge Dr3BR,1BA$1.67
Peregrine TerraceWhislting Straits1BR,1BA$1.86
Glen Park Apartments2 Beds, 1 bath2BR,1BA$1.30
The Depot- A 55 PLUS Senior CommunityOne Bedroom1BR,1BA$1.45
The UplandConeflower1BR,1BA$2.39
University FallsBEDROOM PRICE1BR,0.5BA$1.55

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Pet Friendly Lifestyle
Downtown River Falls, River Falls, WI

Ranked #2

Among neighborhoods in River Falls, WI for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Downtown River Falls Apartments

What is the price of a cheap apartment in Downtown River Falls?

The cheapest apartment in Downtown River Falls is The Depot- A 55 PLUS Senior Community which is listed at $925, while the average apartment in Downtown River Falls costs $2,000.

What types of apartments are the cheapest in Downtown River Falls?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Downtown River Falls that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown River Falls?

Cheap apartments in Downtown River Falls have an average cost of $1,055 which is $945 cheaper than the average rent for all rentals in Downtown River Falls.

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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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.

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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.