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Studio Apartments for Rent in Red Wing, MN

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  • /29

    Starting at $1,055 Plus Fees

    • Studio - 2 Beds

    520 Tyler Rd S, Red Wing, MN 55066

    Welcome to the 50+ Park Place Plaza Apartments in Red Wing. We offer studio, 1 bedroom, 2 bedroom, and 2 bedroom + den apartments! Enjoy beautiful living at Park Place Plaza Apartments right where you want to be, right across from Mayo Clinic and easy access to the Twin Cities and Rochester! Your new home is within walking distance to local restaurants, dining, entertainment, parks and shopping.

    Park Place Plaza

    (651) 800-9971

    520 Tyler Rd S, Red Wing, MN 55066
  • /35

    Starting at $1,110 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

    (651) 360-1172

    540 Tyler Rd S, Red Wing, MN 55066
  • /20

    Starting at $1,375

    Total Monthly Price

    • Studio

    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

    (507) 460-5295

    314 W 4th St, Red Wing, MN 55066

Why Live in Red Wing

Red Wing, Minnesota, is a small city located an hour south of Minneapolis along the Mississippi River. Known for its outdoor activities and artistic community, Red Wing features several parks, novelty restaurants, and a revitalized downtown district. Memorial Park offers expansive views, hiking trails, and cross-country skiing, while Colvill Park is popular for boating with its five boat launches and four marinas. The city hosts numerous events, including performances at the Sheldon Theater and festivals like the fall arts festival and holiday stroll. Red Wing is home to the Red Wing Shoes flagship store, which boasts the world’s largest boot, and Treasure Island Resort & Casino with a 16,000-seat amphitheater. The local school district serves nearly 3,000 students and includes Twin Bluffs Middle School, named after a historic Dakota site. Downtown Red Wing features a mix of locally-owned shops and restaurants, with popular spots like Red Wing Brewery and Kelly's Tap House Bar & Grill. Housing options include early 20th-century ranch-style, Craftsman, and Four-Square homes. Amtrak provides daily service to Chicago and Milwaukee, while U.S. Route 61 connects residents to St. Paul. Despite a flood risk due to its proximity to the river, Red Wing has a crime rate lower than the national average.

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 $1,450 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos 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 $58,000 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 $1,450 per month in Red Wing, MN, renters typically need to show $4,350 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 15.8, 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 in Red Wing, MN

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,450
Median Single Family Home Rent
$1,995
Median Townhouse Rent
$1,450
Median Condo Rent
$1,575
How to Rent a Home