Cheap Apartments for Rent in Eagle Lake, MN from $700 (25 Rentals)

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Search the lowest-cost Apartments available for rent right now in Eagle Lake.

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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.

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201 Pilgrim St
2 Bedroom Apartments

201 Pilgrim St

201 Pilgrim StSaint Clair, MN 56080
  • Utilities Included
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107 S 5th St
2 Bedroom Apartments

107 S 5th St

107 S 5th StMankato, MN 56001

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Rita Road
2 Bedroom Apartments

Rita Road

188-192 Rita RdMankato, MN 56001
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Eagle Lake, MN Local Guide

Cheapest Available Eagle Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Eagle Lake, MN is a Studio unit found at Highland Hills Apartments in the University neighborhood priced from $720. 442 Belgrade Ave in the City Center Mankato neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here is today’s list of the most affordable Eagle Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Highland Hills ApartmentsStudioStudio,1BA$720
442 Belgrade AveOne Bedroom1BR,1BA$835
Le Sueur Apartments1 Bedroom1BR,1BA$895
Tiller+MainStudioStudio,1BA$900
Valley View ApartmentsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Eagle Lake, MN and Nearby

As of August 06, 2025 the best value apartment in the Eagle Lake area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Eagle Lake apartment is the Three Bedroom Model at Timberwolf Townhomes starting at $1,850 with a $1.20 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Timberwolf TownhomesThree Bedroom3BR,2.5BA$1.20
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
Augusta Commons3 Bedroom 2 Bath3BR,2BA$1.23
The Edge ApartmentsTwo Bedroom2BR,1BA$1.27
442 Belgrade AveTwo Bedroom2BR,1BA$1.13
Gray Hawk ApartmentsLarge Two Bedroom2BR,1BA$1.21
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsThree Bed3BR,1.5BA$0.63
Cherry Ridge ApartmentsTax Credit2BR,1BA$1.27

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Eagle Lake, MN Rentals by Map

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See the most popular apartments and homes in Eagle Lake, MN

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Getting Around Eagle Lake, MN

Walk Score®

20 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

35 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Eagle Lake Apartments

What is the Cheapest Studio apartment in Eagle Lake?

Currently the most affordable Cheap Studio Apartment in Eagle Lake is at Highland Hills Apartments listed at $720.

How much is rent for a Cheap One Bedroom Eagle Lake Apartment?

The lowest price for a Cheap One Bedroom Eagle Lake Apartment is $835 at 442 Belgrade Ave.

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 $950 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 $1,249.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.