
Cheap Apartments for Rent near Gem Lake, MN from $700 (42 Rentals)
Search the lowest-cost Apartments available for rent right now in Gem Lake.


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White Bear Manor Apartments

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Pinehurst Apartments

White Bear Terrace

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Cherry Court Apartments

Birch Park

Pineview Apartments - White Bear Lake

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Maple Ridge Apartment Homes
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.

White Bear Royal

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The Markham

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Lochner Apartments

White Bear Woods

Trails Edge of Maplewood

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Lakewood Hills Apartments

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Conifer Ridge Apartments

Boulders Senior Living Apartments
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.

Northwood Villa

Birch Glen Apartments

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The Barnum

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Cottages of Vadnais Heights

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The Grove of White Bear Lake

Aster Meadow

Cottages of White Bear Lake Township

4544 Otter Lake Rd
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.

1271 Greenbriar Ct

Manitou Ridge Apartments

1871 7th St E

Gervais Lake Apartments

Shadowlawn Estates

969 Lawson Ave E

Willow Ridge Apartments

Arbors of White Bear Lake
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.

936 Westminster St

1040 Jessie St

1051 Arkwright St N

3344 Berwood Ct W

Sibley Cove

2800 Hamline Ave N

Park Avenue Townhomes

Arcade Estates West
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.

Hoffman Place

Boatworks Commons
Gem Lake, MN Local Guide

How much does it cost to rent an apartment in Gem Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gem Lake Studio Apartments | $1,421 | $1,254 | $1,675 |
| Gem Lake 1 Bedroom Apartments | $1,556 | $1,071 | $2,685 |
| Gem Lake 2 Bedroom Apartments | $1,783 | $1,130 | $2,438 |
| Gem Lake 3 Bedroom Apartments | $2,190 | $1,595 | $2,695 |
Browse Top Apartments in Gem Lake
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Gem Lake, MN Local Guide
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Cheapest Available Gem Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Gem Lake, MN is a 1 Bed unit found at Westwood Park in the White Bear Lake neighborhood priced from $1,020. White Bear Terrace in the White Bear Lake neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,130. Here is today’s list of the most affordable Gem Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westwood Park | 1 Bedroom/1 Bath | 1BR,1BA | $1,020 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1,130 |
| Cherry Court Apartments | The Apple | 1BR,1BA | $1,208 |
| Birch Park | Two Bedroom/One Bath | 2BR,1BA | $1,260 |
| White Bear Royal | 1x1 760 | 1BR,1BA | $1,350 |
| White Bear Manor Apartments | 2BR/1BA | 2BR,1BA | $1,361 |
| White Bear Woods | Aspen | 1BR,1BA | $1,392 |
| Northwood Villa | 2 Bedroom | 2BR,1BA | $1,425 |
| Aster Meadow | 1 Bedroom | 1BR,1BA | $1,675 |
| The Barnum | Gem | 1BR,1BA | $1,713 |
Best Value Apartments for Rent in Gem Lake, MN and Nearby
As of August 18, 2026 the best value apartment in the Gem Lake area is the $1.77 price per square foot Rivergate Model at Birch Lake Townhomes in the in the White Bear Lake neighborhood starting from $2,085. The second greatest value Gem Lake apartment is the 2 Bedroom - 2B Model at Maple Ridge Apartment Homes starting at $1,850 with a $1.62 price per square foot in the White Bear Lake neighborhood. Here is today’s list of the best values for Gem Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Birch Lake Townhomes | Rivergate | 2BR,1.5BA | $1.77 |
| Maple Ridge Apartment Homes | 2 Bedroom - 2B | 2BR,2BA | $1.62 |
| Lakewood Hills Apartments | 2/2 C | 2BR,2BA | $1.82 |
| Hoffman Place | Two Bedroom | 2BR,2BA | $1.62 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1.18 |
| Northwood Villa | 2 Bedroom | 2BR,1BA | $1.49 |
| White Bear Manor Apartments | 2BR/1BA | 2BR,1BA | $1.50 |
| Birch Park | Two Bedroom/One Bath Corner | 2BR,1BA | $1.60 |
| White Bear Royal | 1x1 760 | 1BR,1BA | $1.78 |
| Westwood Park | 1 Bedroom/1 Bath | 1BR,1BA | $1.40 |
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 Gem Lake, MN Rentals by Map
See the most popular apartments and homes in Gem Lake, MN
Frequently Asked Questions about Cheap Gem Lake Apartments
How much is rent for a Cheap One Bedroom Gem Lake Apartment?
The lowest price for a Cheap One Bedroom Gem Lake Apartment is $1,020 at Westwood Park.
What is the lowest price for a Cheap Two Bedroom Gem Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Gem Lake is starting from $1,130 at White Bear Terrace.
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.