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Newest Homes for Rent in Red Wing, MN

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  • /23

    Starting at $1,375

    Total Monthly Price

    • Studio - 1 Bed

    314 W 4th St, Red Wing, MN 55066

    Avanti introduces contemporary living to the heart of historic Red Wing, MN, offering a range of studio to two-bedroom apartments. These thoughtfully designed residences combine modern amenities with downtown charm, featuring open floor plans, high-end finishes, and expansive windows that fill the space with natural light, creating a welcoming and vibrant atmosphere.Located in downtown

    Avanti

    314 W 4th St, Red Wing, MN 55066
  • /35

    Starting at $1,055 Plus Fees

    • Studio - 2 Beds

    540 Tyler Rd S, Red Wing, MN 55066

    Welcome to Park Place Apartments in Red Wing, MN! We offer studio, 1 bedroom, 1 bedroom + den, and 2 bedroom apartments! Enjoy beautiful living at Park Place Apartments right where you want to be, 3 miles from the Historic Downtown Red Wing, about 45 miles to Rochester, and about 45 miles to the MSP airport. Located in the heart of Red Wing, your new home is centrally located to easily access

    Park Place Apartments

    540 Tyler Rd S, Red Wing, MN 55066
  • /11

    Starting at $1,315 Plus Fees

    • 1 Bed

    419 Main St, Red Wing, MN 55066

    Experience the perfect blend of charm and convenience at Boxrud Flats, a newly renovated mixed-use community nestled in the vibrant heart of downtown Red Wing, MN. Set within a beautifully restored historic building, Boxrud offers a unique living experience with contemporary apartment interiors and thoughtfully designed commercial spaces — all just steps from the Mississippi River, local cafés,

    Boxrud Flats

    419 Main St, Red Wing, MN 55066
  • /13

    $945

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 700 Sq Ft
    • 703 W 5th-3

    703 W 5th St Unit 3, Red Wing, MN 55066

    **Available September 1st!**Enjoy this well-maintained upper-level one-bedroom, one-bathroom apartment located just a few blocks west of the courthouse and within walking distance of historic downtown Red Wing. Nestled in a quiet residential neighborhood, you'll enjoy convenient access to restaurants, shopping, parks, and everything downtown has to offer.Offering approximately 700

    703 W 5th St Unit 3, Red Wing, MN 55066
  • /26

    Starting at $1,120 Plus Fees

    • 1 - 2 Beds

    2488 Malmquist Ave, Red Wing, MN 55066

    Pleasant Ridge Apartments is nestled in a residential neighborhood just three miles from the city's historic downtown and Mississippi National Golf Club-across from Southeast Technical College's Red Wing Campus. We are a pet-friendly community with a garage and off-street parking for each unit. Resident controlled heat and trash pick up are all included with your rent. Most apartments

    Pleasant Ridge Apartments

    2488 Malmquist Ave, Red Wing, MN 55066
  • /8

    $1,500

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,201 Sq Ft
    • Townhouse for Rent

    260 Frenn Ave, Red Wing, MN 55066

    Large 3 bedroom 2 bathroom townhome with parking garage. Tenant pays for all utilities. Washer dryer hookup in unit.

    260 Frenn Ave, Red Wing, MN 55066
  • /4

    $1,000 Plus Fees

    • 32 Beds
    • 1 Bath
    • House for Rent

    107 W 7th St, Red Wing, MN 55066

    Property Id: 26167092 Fully furnished rooms available. Shared bathroom and kitchenette. Smoking allowed on outdoor porch. Near multiple parks.Renters must be clean, quiet, and respectful.

    107 W 7th St, Red Wing, MN 55066
  • /27

    Starting at $1,285

    Total Monthly Price

    • 1 - 2 Beds

    222 Bush St, Red Wing, MN 55066

    Welcome to The Bank! A fully restored historic building in beautiful Red Wing, Minnesota! Scenic views of the Minnesota River are a selling feature alone, but the modern amenities in this beautiful downtown property are fit for any urban lifestyle in an idyllic Minnesota setting. This mixed-use building has apartments available on the first and second floors.Waived

    The Bank

    222 Bush St, Red Wing, MN 55066
  • /16

    $1,300 Plus Fees

    • 1 Bed
    • 1 Bath
    • Condo for Rent

    205 Plum St Unit 3, Red Wing, MN 55066

    Property Id: 2501332Electricity, gas, heat, garbage, and water included with Rent!Experience the perfect blend of charm and convenience, a newly renovated mixed-use community nestled in the vibrant heart of downtown Red Wing, MN. Set within a beautifully restored historic building, 205 Plum offers a unique living experience with contemporary apartment interiors and thoughtfully

    205 Plum St Unit 3, Red Wing, MN 55066
  • /20

    Starting at $1,306

    Total Monthly Price

    • 1 - 2 Beds

    434 W 4th St, Red Wing, MN 55066

    Elysian Senior Homes Downtown Plaza welcomes individuals age 55 and older to live just a short walk from everything downtown Red Wing, Minnesota has to offer. Our fully equipped, independent senior living apartments are open to a plethora of cultural options, life necessities, good restaurants and the great outdoors.

    The Downtown Plaza

    434 W 4th St, Red Wing, MN 55066

Frequently Asked Questions

How much does it cost to rent a home in Red Wing, MN?
The median rent for a home in Red Wing, MN is $1,400 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses and single-family homes 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 $56,000 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 $1,400 per month in Red Wing, MN, renters typically need to show $4,200 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 16.2, 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.
What neighborhoods in Red Wing, MN are best for renting a home?
The best neighborhood for renting in Red Wing, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Hastings-Marshan Township and Kinnickinnic, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$1,400
Median Single Family Home Rent
$2,098
Median Townhouse Rent
$1,500
Median Condo Rent
$1,123
How to Rent a Home