
Cheap Apartments for Rent in Eagle Lake, MN from $722 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Eagle Lake.


Creekside Townhomes

312 1st Ave SW

Glenwood Terrace

Le Sueur Apartments

Valley View Apartments

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Village Court Apartments

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The Grove at Mankato

Key City Group, LLC (BT)
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.

201 Pilgrim St

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Highland Hills Apartments

Southwood Flats

Town's Edge Place Apartments

Gray Hawk Apartments

Skyway Properties LLC

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STP Group, LLC (ROK)

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Hoover Estates

Cherry Square
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.

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The Edge Apartments

Philipp Square Senior Apartments 55+

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River Bluff Apartments

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Augusta Park Estates

Huntington Hills Apartments & Townhomes

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The Alma

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Traverse Green

Tiller+Main

Cedar Meadow Apartments
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.

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Legacy Park Estates

Dublin Road Townhomes

The Forde

Capital Lofts

Riverfront Court

Cardinal Creek Apartments

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Woodside Apartments

Lewis Lofts

Cherry Ridge Apartments
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.

Knollcrest

561 S Elk St

107 S 5th St

Rita Road

325.5 McKinley Ave

Pfau Reed Apartments

815 N 4th St

1611 5th Ave

1109 1st Ave NW
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.

1738-1740 Colette Dr

Northgate Townhomes

Dublin Heights

Haughton Estates
Eagle Lake, MN Local Guide

How much does it cost to rent an apartment in Eagle Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Eagle Lake Studio Apartments | $1,157 | $1,050 | $1,315 |
| Eagle Lake 1 Bedroom Apartments | $1,252 | $725 | $2,155 |
| Eagle Lake 2 Bedroom Apartments | $1,359 | $722 | $2,150 |
| Eagle Lake 3 Bedroom Apartments | $1,588 | $1,199 | $2,415 |
| Eagle Lake 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Browse Top Apartments in Eagle Lake
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Eagle Lake, MN Local Guide
- Nearby Cities
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Cheapest Available Eagle Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Eagle Lake, MN is a 1 Bed unit found at Highland Hills Apartments in the University neighborhood priced from $855. Glenwood Terrace in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $880. Here is today’s list of the most affordable Eagle Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Maplewood Place | 1BR,1BA | $855 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $995 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| 201 Pilgrim St | 1 Bedroom | 1BR,1BA | $1,000 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Southwood Flats | 1 Bed, 1 Bath (Phase 1) | 1BR,1BA | $1,004 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,033 |
Best Value Apartments for Rent in Eagle Lake, MN and Nearby
As of August 25, 2026 the best value apartment in the Eagle Lake area is the $1.19 price per square foot 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes in the in the City Center Mankato neighborhood starting from $1,525. The second greatest value Eagle Lake apartment is the 2 Bedroom 1 Bath Model at Tartan Glen starting at $1,600 with a $1.26 price per square foot in the University neighborhood. Here is today’s list of the best values for Eagle Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.19 |
| Tartan Glen | 2 Bedroom 1 Bath | 2BR,1BA | $1.26 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| Cedar Meadow Apartments | 3BR | 3BR,1BA | $1.30 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Village Court Apartments | 2 Bed, 1 Bath (renovated) | 2BR,1BA | $1.33 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.73 |
| 201 Pilgrim St | 1 Bedroom | 1BR,1BA | $1.38 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $1.38 |
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 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 Eagle Lake, MN Rentals by Map
See the most popular apartments and homes in Eagle Lake, MN
Frequently Asked Questions about Cheap Eagle Lake Apartments
How much is rent for a Cheap One Bedroom Eagle Lake Apartment?
The lowest price for a Cheap One Bedroom Eagle Lake Apartment is $855 at Highland Hills Apartments.
What is the lowest price for a Cheap Two Bedroom Eagle Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Eagle Lake is starting from $985 at Glenwood Terrace.
What is the most affordable Eagle Lake Three Bedroom Apartment?
The best deal on a cheap Eagle Lake Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,199.
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.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.