8

Studio Apartments for Rent in Grand Rapids, MN

Section Image
  • /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
  • /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

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 $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
3
Median Rent
$1,025
Median Condo Rent
$1,025
How to Rent a Home