Cheap Apartments for Rent in Red Wing, MN

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Apartments For Rent Near Red Wing, MN

We found 9 more apartments matching your filters just outside Red Wing

Average Rent Trends in Red Wing, MN

Rent in Red Wing, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Feb 2025.
MonthAverage rent
Nov 2025$1,400
Dec 2025$1,350
Jan 2026$1,260
Feb 2026$1,314
Mar 2026$1,490
Apr 2026$1,390
May 2026$1,490
Jun 2026$1,353
Jul 2026$1,250
Aug 2026$1,200
Sep 2026$1,330
Oct 2026$1,450
View as a graph

Average Rent By Bedroom and Home Type

In October 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,081$1,600$1,500$2,184$1,600
Townhomes—$1,056$2,300$1,250$1,056
Apartments and Condos$1,081$1,600$1,950$2,200$1,600
Houses$900$1,650$1,500$1,783$1,650
See more information about local market trends in Red Wing, MN

Frequently Asked Questions about Rentals in Red Wing, MN

  • What is the average rent of an apartment in Red Wing, MN?
    The average rent of an apartment in Red Wing, MN is $1,442 per month. This is about 25% lower than the national average.
  • What are the cheapest months to find an apartment to rent in Red Wing, MN?
    Last year, the cheapest month to find an apartment to rent was Jul 2025 when it was $1,100 per month.
  • How many cheap apartments are available in Red Wing, MN?
    There are 15 apartments to rent that are cheaper than the city’s average rent of $1,600.
  • When is the average rent most expensive in Red Wing, MN?
    In the last year, the average rent in Red Wing, MN was highest in Feb 2025 when it was $1,500 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in Red Wing, MN?
    The average rent of a 1 bedroom apartment in Red Wing, MN is $1,081 per month. That is about $718 more than the cost of a studio apartment.
  • What are some zip codes in Red Wing, MN?
    Red Wing, MN includes zip codes such as: 55066.
  • What are some cities near Red Wing, MN?
    Some nearby cities include: Bay City, Goodhue, Hager City, Frontenac, Welch. These cities may have more rental options to explore.
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