Cheap Homes for Rent in Eagle Lake, MN from $1,100 (12 Rentals)

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

property at 94 Viking Terrace

$1,120

Total Monthly Price

Total Monthly Price

Base Rent
$1,120

Total Monthly Price
$1,120

3 Bedroom, 2 Bath Home for Rent

Available Now

94 Viking Terrace

NorthfieldMN55057
property at 258 S Pearl St

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

3 Bedroom, 1 Bath Condo for Rent

Available Jul 3

258 S Pearl St

Albert LeaMN56007
property at 240 E Rice St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

240 E Rice St

OwatonnaMN55060
property at 103 Lincoln St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 1 Bath Condo for Rent

Available Jul 11

103 Lincoln St

MankatoMN56001

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.

property at 960 N 3rd St

$1,075 - $1,325

Total Monthly Price

Total Monthly Price

Base Rent
$1,315

Total Monthly Price
$1,315

1 Bedroom Rentals

Available Jun 9

960 N 3rd St

St. PeterMN56082
property at 51 Viking Terrace

$1,320

Total Monthly Price

Total Monthly Price

Base Rent
$1,320

Total Monthly Price
$1,320

3 Bedroom, 2 Bath Home for Rent

Available Now

51 Viking Terrace

NorthfieldMN55057
property at 319 E Main St

$1,324

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,324

Total Monthly Price
$1,324

4 Bedroom, 2 Bath Home for Rent

Available May 11

319 E Main St

MankatoMN56001
property at 538 2nd St NW

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Condo for Rent

Available Now

538 2nd St NW

FaribaultMN55021
property at 121 Lynn Ln

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Lynn Ln

MankatoMN56001
property at 306 Louva Ln

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

306 Louva Ln

MankatoMN56001

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.

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 1 Bed unit found at Lewis Lofts 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 ListingModel NameBed/BathPriced From
Lewis Lofts1a1t1BR,1BA$855
Glenwood Terrace1 BR/1 BA1BR,1BA$880
Le Sueur Apartments1 Bedroom1BR,1BA$895
Tiller+MainStudioStudio,1BA$900
Village Court Apartments1 Bed, 1 Bath (original)1BR,1BA$928

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

As of May 01, 2026 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 New 3Br, 2.5 Bath @ Willow Cascades! Model at Willow Cascades Townhomes starting at $1,850 with a $1.23 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
Willow Cascades TownhomesNew 3Br, 2.5 Bath @ Willow Cascades!3BR,2.5BA$1.23
Sibley Village TownhomesTwo Bedroom One Half Bathroom2BR,1.5BA$1.16
Dublin Road Townhomes3 Bedroom 1.5 Bath Market3BR,1.5BA$1.20
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.22
Legacy Park EstatesThree Bedroom 1.75 Bathroom3BR,1.75BA$1.22
Autumn Wind TownhomesThree Bedroom3BR,1.5BA$1.27
101 Eagle Path, Unit 1101 Eagle Path2BR,1BA$1.16
442 Belgrade AveOne Bedroom1BR,1BA$1.04
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The 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.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

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Frequently Asked Questions about Eagle Lake

What type of rentals are currently available in Eagle Lake?

There are currently 74 Apartments for Rent in Eagle Lake, MN with pricing that ranges from $725 to $2,794. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Eagle Lake ranging from $1,120 to $2,495.

What is the current price range for Rental Homes in Eagle Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Eagle Lake ranges from $1,120 to $2,495 with an average monthly rent of $1,553.

How much are larger Three and Four Bedroom Rentals in Eagle Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Eagle Lake range from $1,349 to $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,120 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,324 and Four Bedroom Apartments start at $1,780.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.