12

Newest Homes for Rent in Grand Rapids, MN

Section Image
  • /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

    $2,200

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft
    • House for Rent

    32893 Woodland Park Rd Unit 8, Grand Rapids, MN 55744

    32893 Woodland Park Rd Unit 8, Grand Rapids, MN 55744
  • /20

    Starting at $995 Plus Fees

    • Studio

    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
  • /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
  • /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
  • /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
  • /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 $1,025 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 $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 22.0, 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
8
Median Rent
$1,025
Median Condo Rent
$1,025
How to Rent a Home