5

Red Wing, MN Condos for Rent

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  • /15

    $2,100 Plus Fees

    • 3 Beds
    • 2 Baths
    • 1,015 Sq Ft
    • Condo for Rent

    480 8th St Unit 101, Red Wing, MN 55066

    Property Id: 2846154 Brand new inside. This 1965 brick building was rebuilt to modern lifestyle with custom kitchens including stainless appliances, all-new full baths and luxury vinyl plank flooring throughout. The construction is the quiet part that matters. Poured concrete floors and concrete block walls between units mean you are not listening to your neighbors. Every apartment has

    480 8th St Unit 101, Red Wing, MN 55066
  • /13

    $1,400 Plus Fees

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

    621 W 4th St Unit 200, Red Wing, MN 55066

    Property Id: 2760058 Brand new unit newly completed in 4 plex. New solid surface countertops, stainless steel appliances, washer and dryer in unit. Off street parking. Perfectly placed downtown near parks, grocery stores, and churches. Just a couple blocks from downtown.

    621 W 4th St Unit 200, Red Wing, MN 55066
  • /4

    $1,350 Plus Fees

    • 1 Bed
    • 1 Bath
    • 443 Sq Ft
    • Condo for Rent

    480 8th St Unit 102, Red Wing, MN 55066

    Property Id: 2846155 Brand new inside. This 1965 brick building was rebuilt with custom kitchens with stainless appliances, all-new full baths and luxury vinyl plank flooring throughout. The construction is the quiet part that matters. Poured concrete floors and concrete block walls between units mean you are not listening to your neighbors. Every apartment has its own furnace and

    480 8th St Unit 102, Red Wing, MN 55066
  • /7

    $1,950 Plus Fees

    • 3 Beds
    • 1 Bath
    • 940 Sq Ft
    • Condo for Rent

    480 8th St Unit 201, Red Wing, MN 55066

    Property Id: 2846157 Brand new inside. This 1965 brick building was taken down to the studs in 2025-26 and rebuilt: custom kitchens with stainless appliances, all-new full baths and luxury vinyl plank flooring throughout. The construction is the quiet part that matters. Poured concrete floors and concrete block walls between units mean you are not listening to your neighbors. Every

    480 8th St Unit 201, Red Wing, MN 55066
  • /10

    $1,650 Plus Fees

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

    480 8th St Unit 103, Red Wing, MN 55066

    Property Id: 2846156 Brand new inside. This 1965 brick building was rebuilt: custom kitchens with stainless appliances, all-new full baths and luxury vinyl plank flooring throughout. The construction is the quiet part that matters. Poured concrete floors and concrete block walls between units mean you are not listening to your neighbors. Every apartment has its own furnace and central

    480 8th St Unit 103, Red Wing, MN 55066

Frequently Asked Questions

How much does it cost to rent a condo in Red Wing, MN?
The median rent for a condo in Red Wing, MN is $1,650 per month, though prices vary by neighborhood, size, and property type. As of September 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 Red Wing, MN?
To comfortably afford the median rent in Red Wing, MN, a household needs to earn roughly $61,000 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 $1,525 per month in Red Wing, MN, renters typically need to show $4,575 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 Red Wing, MN?
In Red Wing, MN, the price-to-rent ratio is 15.0, 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 Condos for Rent
5
Median Condo Rent
$1,650
Median 1 Bedroom Condo Rent
$1,350
Median 2 Bedroom Condo Rent
$1,525
Median 3 Bedroom Condo Rent
$2,025
How to Rent a Home