
Cheap Homes for Rent in Beaver Bay, MN from $800 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Beaver Bay.


1109 N 17th St

327 W 4th St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

4914 St Croix Dr

923 E Central Entrance

4905 Michigan Dr
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

1201 N 7th Ave E
Beaver Bay, MN Local Guide

How much does it cost to rent a home in Beaver Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Beaver Bay 2 Bedroom Homes for Rent | $1,764 | $900 | $3,500 |
| Beaver Bay 3 Bedroom Homes for Rent | $2,031 | $1,375 | $3,500 |
| Beaver Bay 4 Bedroom Homes for Rent | $1,850 | $1,600 | $2,100 |
| Beaver Bay 5 Bedroom Homes for Rent | $2,499 | $2,250 | $2,900 |
| Beaver Bay 6 Bedroom Homes for Rent | $2,712 | $2,650 | $2,775 |
| Beaver Bay 7 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent 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 $975. Cove Apartments in the Observation Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. 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 | $975 |
| Cove Apartments | Oar | Studio,1BA | $975 |
| CityView Flats | Studio | Studio,1BA | $1,000 |
Best Value Apartments for Rent in Beaver Bay, MN and Nearby
As of December 10, 2025 the best value apartment in the Beaver Bay area is the $1.31 price per square foot 2 Bed Model at Tropicana Apartments in the in the East End neighborhood starting from $1,700. The second greatest value Beaver Bay apartment is the 2 Bedroom- br Model at The Harbours starting at $1,985 with a $1.64 price per square foot in the Observation Hill neighborhood. 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. |
|---|---|---|---|
| Tropicana Apartments | 2 Bed | 2BR,2BA | $1.31 |
| The Harbours | 2 Bedroom- br | 2BR,2BA | $1.64 |
| Summit Ridge Luxury Apartments | Park Point | 3BR,2BA | $0.64 |
| Bridgeman Russell | One Bedroom Loft | 1BR,1BA | $1.47 |
| Mount Royal Apartment | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.74 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1.38 |
| Villa Hills | 2 Bed 1 Bath, First Floor | 2BR,1BA | $1.73 |
| Duluth Board of Trade - Lofts | Twe Bedroom One Bathroom | 2BR,1BA | $1.80 |
| Highland Village Apartments | 1BR KNOLL | 1BR,1BA | $1.57 |
| 521 W 2nd Street - Leijona | 1BR/1.0BA | 1BR,1BA | $1.88 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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!
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See the most popular apartments and homes in Beaver Bay, MN
Frequently Asked Questions about Beaver Bay
What type of rentals are currently available in Beaver Bay?
There are currently 38 Apartments for Rent in Beaver Bay, MN with pricing that ranges from $785 to $5,746. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Beaver Bay ranging from $815 to $3,500.
What is the current price range for Rental Homes in Beaver Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Beaver Bay ranges from $815 to $3,500 with an average monthly rent of $2,063.
How much are larger Three and Four Bedroom Rentals in Beaver Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Beaver Bay range from $2,100 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,850.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.