
Cheap Apartments for Rent near Beaver Bay, MN from $750 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Beaver Bay.


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Townview Villas

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Duluth Board of Trade - Lofts

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Yorkleigh

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Lesterwood Apartments

3901 Greysolon Rd

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Mount Royal Apartment

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CityView Flats

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Cove Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Zenith

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Village Place Apartments

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Mount Royal Manor

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Bridgeman Russell

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Wahldorf

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Highland Village Apartments

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Chesterwood Apartments

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Villa Hills

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Kenwood Village
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

723 1/2 E 5th St

1710 N 22nd St

Irongate Apartments & Townhomes

Buckingham Green Apartments

Brewery Creek Apartments

Leijona Apartments

1208 Main St W

312 11th Ave E

2705 W 2nd St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

313 N 21st Ave W

2116 W 3rd St

617 E 8th St

902 E 4th St

116 E 3rd St

2209 E 8th St

609 10th Ave W

5725 W 8th St

1430 E 3rd St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
Beaver Bay, MN Local Guide

How much does it cost to rent an apartment in Beaver Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Beaver Bay Studio Apartments | $1,362 | $800 | $1,859 |
| Beaver Bay 1 Bedroom Apartments | $2,013 | $1,000 | $2,612 |
| Beaver Bay 2 Bedroom Apartments | $2,732 | $1,295 | $5,712 |
| Beaver Bay 3 Bedroom Apartments | $2,456 | $1,625 | $3,495 |
| Beaver Bay 4 Bedroom Apartments | $1,850 | $1,850 | $1,850 |
Browse Top Apartments in Beaver Bay
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Beaver Bay, MN Local Guide
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Cheapest Available Beaver Bay Apartments for Rent and Nearby
 The cheapest available apartment rental in Beaver Bay, MN is a Studio unit found at Lesterwood Apartments in the Lakeside-Lester Park neighborhood priced from $950. CityView Flats in the Observation Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Beaver Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lesterwood Apartments | Studio | Studio, 1BA | $950 |
| CityView Flats | Studio | Studio, 1BA | $1,000 |
| Cove Apartments | Stern | 1BR, 1BA | $1,090 |
| Leijona Apartments | 0BR/1.0BA | Studio, 1BA | $1,095 |
| Zenith | S A | Studio, 1BA | $1,099 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR, 1BA | $1,100 |
| Wahldorf | 2 bedroom | 2BR, 1BA | $1,300 |
| Highland Village Apartments | 1/1, 765 SF | 1BR, 1BA | $1,400 |
| Kenwood Village | 1 Bedroom + 1 Bath | 1BR, 1BA | $1,495 |
| Edgewood Apartments | 2 Bed Lg Bath Rehab | 2BR, 1BA | $1,522 |
Best Value Apartments for Rent in Beaver Bay, MN and Nearby
As of September 19, 2026 the best value apartment in the Beaver Bay area is the $2.06 price per square foot #0608 2 Bedroom 2 Bathroom Model at The Harbours in the Observation Hill neighborhood starting from $2,495. The second greatest value Beaver Bay apartment is the 2 Bed, 2 Bath Model at Tropicana Apartments in the East End neighborhood starting at $1,600 with a $1.33 price per square foot. Here is today’s list of the best values for Beaver Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Harbours | #0608 2 Bedroom 2 Bathroom | 2BR, 2BA | $2.06 |
| Tropicana Apartments | 2 Bed, 2 Bath | 2BR, 2BA | $1.33 |
| Baypoint Estates | 2 Bedroom 2 Bath | 2BR, 2BA | $1.79 |
| Edgewood Apartments | 2 Bed Lg Bath Rehab | 2BR, 1BA | $1.65 |
| Wahldorf | 2 bedroom | 2BR, 1BA | $1.73 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR, 1BA | $1.47 |
| Highland Village Apartments | 1/1, 750 SF | 1BR, 1BA | $1.87 |
| Mount Royal Manor | 2 Bedroom / 1 Bathroom - (Ground, 1st and 2nd F... | 2BR, 1BA | $2.05 |
| Lesterwood Apartments | Studio | Studio, 1BA | $1.90 |
| CityView Flats | Studio | Studio, 1BA | $2.07 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Beaver Bay, MN Rentals by Map
See the most popular apartments and homes in Beaver Bay, MN
Frequently Asked Questions about Cheap Beaver Bay Apartments
What is the Cheapest Studio apartment in Beaver Bay?
Currently the most affordable Cheap Studio Apartment in Beaver Bay is at Lesterwood Apartments listed at $950.
How much is rent for a Cheap One Bedroom Beaver Bay Apartment?
The lowest price for a Cheap One Bedroom Beaver Bay Apartment is $1,090 at Cove Apartments.
What is the lowest price for a Cheap Two Bedroom Beaver Bay Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Beaver Bay is starting from $1,300 at Village Place Apartments.
What is the most affordable Beaver Bay Three Bedroom Apartment?
The best deal on a cheap Beaver Bay Three Bedroom Apartment rental is at The Ledge Apartments and starts from $1,625.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.