3

Grand Rapids, MN Condos for Rent

Section Image
  • /23

    $1,250

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 820 Sq Ft
    • Condo for Rent

    1215 Golf Course Rd Unit 2, Grand Rapids, MN 55744

    1 or 2 Bed 1 Bath Unit In town Grand Rapids Includes city sewer, water, heat, and trash collection. Unit features include bar top counter patio dishwasher vinyl flooring in kitchen and dining newer building with modern finishes. Laundry room on each floor, Secure Entry and on/off street parking available.Lakewood Heights Apartments consists of three separate buildings in a beautiful

    1215 Golf Course Rd Unit 2, Grand Rapids, MN 55744
  • /3

    $800

    Total Monthly Price

    • Studio
    • 1 Bath
    • 450 Sq Ft
    • Alpine #25

    212 NE 3rd Ave Unit Alpine 25, Grand Rapids, MN 55744

    An efficiency apartment is available for rent at $800 per month, with utilities included. It's centrally located in Grand Rapids, MN.

    212 NE 3rd Ave Unit Alpine 25, Grand Rapids, MN 55744
  • /3

    Call for Price

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft
    • Canal 112 #4

    112 NE 5th Ave Unit 112 - #4, Grand Rapids, MN 55744

    A 2-bedroom apartment is available for rent at $1,000 per month, tenant pays utilities. It's centrally located in Grand Rapids, MN.

    112 NE 5th Ave Unit 112 - #4, Grand Rapids, MN 55744

Frequently Asked Questions

How much does it cost to rent a condo in Grand Rapids, MN?
The median rent for a condo in Grand Rapids, MN is $1,025 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Grand Rapids, MN?
To comfortably afford the median rent in Grand Rapids, MN, a household needs to earn roughly $41,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,025 per month in Grand Rapids, MN, renters typically need to show $3,075 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Grand Rapids, MN?
In Grand Rapids, MN, the price-to-rent ratio is 22.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Grand Rapids, MN

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$1,025
Median 2 Bedroom Condo Rent
$1,250
How to Rent a Home