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Grand Rapids, MN Homes for Rent

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  • /10

    Starting at $800 Plus Fees

    • Studio - 2 Beds

    525 Canal St, Grand Rapids, MN 55744

    Efficiency, 1 bedroom, and 2 bedroom units. All security deposits are $1,000. Efficiency rent at $785, 1 bedroom rent at $905 - utilities included. 2 bedroom rent at $975, utilities not included OR $1,175, utilities included. No smoking allowed, no pets allowed.

    Canal Apartments

    525 Canal St, Grand Rapids, MN 55744
  • /6

    Starting at $1,400 Plus Fees

    • 2 Beds

    112 SW 21st St, Grand Rapids, MN 55744

    MONTH TO MONTH LEASING NEWLY REMODELED 2 bedroom/1 bath apartment in town in a quiet building. INDIVIDUAL GARAGE stalls INCLUDED in rent price. Unit rent includes heat, sewer, water, trash collection. Individual air conditioning in each unit and shared laundry in the building. Building sits within a wooden backdrop and hills creating a peaceful surrounding to view from units. Birchwood Apartments

    112 SW 21st St, Grand Rapids, MN 55744
  • /20

    Starting at $995 Plus Fees

    • Studio - 1 Bed

    225 NE 2nd St, Grand Rapids, MN 55744

    Discover your perfect home at Riverview Apartments — a brand-new building offering modern living and exceptional comfort, opening June 1, 2026.Welcome to Riverview Apartments, Grand Rapids’ newest destination for modern comfort and convenience. Riverview offers a variety of stylish floor plans, from efficient studios to spacious 3-bedroom units, designed to suit every

    Riverview Apartments

    225 NE 2nd St, Grand Rapids, MN 55744
  • /20

    Starting at $1,195 Plus Fees

    • 1 - 2 Beds

    2095 SE 7th Ave, Grand Rapids, MN 55744

    3 story building that is close to Target, Mann Movie Theater, Caribou Coffee and other small stores.

    River Hills Apartments

    2095 SE 7th Ave, 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
  • /20

    $1,500

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 2,000 Sq Ft
    • House for Rent

    29366 Pine Ridge Rd, Grand Rapids, MN 55744

    Fully furnished, Beautiful 1 bedroom, 1 bath with bonus loft and family room that can be used as additional bedroom space if needed. Located close to Grand Rapids on Prairie lake with fabulous views! Will be available Sept 1st 2026 to May 31st 2027 lease term. Hardwood floors, lake views, open floor plan. This property has an AirBnB quality and experience. If you are interested in renting the

    29366 Pine Ridge Rd, 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

Why Live in Grand Rapids

Grand Rapids, located in northern Minnesota, is a city steeped in history and natural beauty. Originally a lumber town, it now attracts residents and tourists for its outdoor recreation and festivals. The Mississippi River, once characterized by its rapids, is now calmed by a dam near the UPM Blandin paper mill, yet remains central to the city's identity. Waterfront homes with private docks line the river, and newer homes are found around the outskirts' lakes. These properties are often rented out during the busy summer and fall seasons. Grand Rapids offers year-round recreational activities, including boating, fishing, hiking, snowmobiling, and ice fishing. Over 100 miles of trails, along with facilities like Grussendorf Park and Yanmar Arena, support activities such as pickleball, golfing, and hockey. The city hosts several annual festivals, including the Bluegrass Music in the Pines Festival, Tall Timber Days, and Grand Rapids Riverfest, featuring notable musicians. Downtown Grand Rapids is a vibrant area with public art, breweries, galleries, and boutiques, driven by a younger generation revitalizing the marketplace. The Grand Rapids Farmer’s Market and Free Range Food Co-Op are notable developments. Students attend Grand Rapids Public Schools, which have high ratings, and the local high school is known for its strong hockey team, the Grand Rapids Thunderhawks. Major employers include the century-old UPM Blandin paper mill, Grand Itasca Clinic and Hospital, and the school district. Commuters use Routes 2 and 169, with Duluth International Airport 84 miles southeast for major flights. Crime rates in Grand Rapids are below the national average, contributing to its appeal as a safe place to live.

Frequently Asked Questions

How much does it cost to rent a home in Grand Rapids, MN?
The median rent for a home in Grand Rapids, MN is $800 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
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 $32,000 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 $800 per month in Grand Rapids, MN, renters typically need to show $2,400 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 28.0, 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.

Rental Home Trends

Number of Homes for Rent
7
Median Rent
$800
Median Condo Rent
$800
How to Rent a Home