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Newest Homes for Rent in Grand Rapids, MN

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  • /20

    Starting at $1,050 Plus Fees

    • Studio - 2 Beds

    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

    $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
  • /2

    Call for Price

    • 1 - 3 Beds

    2199 SW 8th St, Grand Rapids, MN 55744

    Mill + Miss Apartments

    2199 SW 8th 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
  • /3

    Call for Price

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

    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
  • /3

    $800

    Total Monthly Price

    • Studio
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    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

    $800

    Total Monthly Price

    • Studio
    • 1 Bath
    • 450 Sq Ft
    • Condo for Rent

    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
    • Condo for Rent

    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
  • /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

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 August 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 28.1, 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.

Rental Home Trends

Number of Homes for Rent
9
Median Rent
$800
Median Condo Rent
$800
How to Rent a Home