Cheap Homes for Rent in Gem Lake, MN from $1,300 (14 Rentals)

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

property at 936 Westminster St

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1 Bath Home for Rent

Available Now

936 Westminster St

St. PaulMN55130
property at 1051 Arkwright St N

$1,495

Total Monthly Price

Total Monthly Price

Base Rent
$1,495

Total Monthly Price
$1,495

3 Bedroom, 1 Bath Condo for Rent

Available Now

1051 Arkwright St N

St. PaulMN55130
property at 2193 1st St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

2193 1st St

White Bear LakeMN55110
property at 74 Jessamine Ave W

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

74 Jessamine Ave W

St. PaulMN55117
property at 932 York Ave

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Now

932 York Ave

St. PaulMN55106
property at 1326 Clarence St

$1,895

Total Monthly Price

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

1326 Clarence St

St. PaulMN55106
property at 950 Arkwright St N

$1,895

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,895

Total Monthly Price
$1,895

3 Bedroom, 1 Bath Townhome for Rent

Available Jun 10

950 Arkwright St N

St. PaulMN55130

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 1709 Elm St

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 1

1709 Elm St

White Bear LakeMN55110
property at 623 Maryland Ave E

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 1 Bath Home for Rent

Available Now

623 Maryland Ave E

St. PaulMN55130
property at 3985 Parkridge Dr

$1,950

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

3985 Parkridge Dr

White Bear LakeMN55110
property at 137 Skyline Dr

$1,955

Total Monthly Price

Total Monthly Price

Base Rent
$1,955

Total Monthly Price
$1,955

3 Bedroom, 2 Bath Home for Rent

Available Now

137 Skyline Dr

St. PaulMN55127
property at 571 County Rd B E

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 1 Bath Townhome for Rent

Available Now

571 County Rd B E

MaplewoodMN55117
property at 4140 Rice St

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

2 Bedroom, 3 Bath Townhome for Rent

Available Now

4140 Rice St

St. PaulMN55126

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.

Gem Lake, MN Local Guide

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 1871 7th St E in the Lake Shore Park neighborhood priced from $995. Westwood Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,020. Here is today’s list of the most affordable Gem Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1871 7th St E1871 1-Bedroom Rent Portfolio Wide1BR,1BA$995
Westwood Park1 Bedroom/1 Bath1BR,1BA$1,020
Northwood Villa1 Bedroom1BR,1BA$1,195
Cherry Court ApartmentsThe Apple1BR,1BA$1,204
Pineview Apartments2x1 8002BR,1BA$1,250

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

As of May 19, 2026 the best value apartment in the Gem Lake area is the $1.38 price per square foot Two Bedroom Model at Hoffman Place in the in the Hoffmans Corner neighborhood starting from $1,717. The second greatest value Gem Lake apartment is the 2 Bedroom - 2D Model at Maple Ridge Apartment Homes starting at $1,590 with a $1.53 price per square foot in the Ledgestone neighborhood. Here is today’s list of the best values for Gem Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hoffman PlaceTwo Bedroom2BR,2BA$1.38
Maple Ridge Apartment Homes2 Bedroom - 2D2BR,2BA$1.53
Park Avenue TownhomesTwo Bedroom2BR,1BA$1.57
Cottages of White Bear Lake TownshipTwo Bedroom2BR,1BA$1.55
The Grove of White Bear LakeCedar Mini Remodel 2nd Floor Scenic View2BR,2BA$1.56
White Bear TerraceTwo Bedroom 21A2BR,1BA$1.32
White Bear Manor Apartments2BR/1BA2BR,1BA$1.42
Pineview Apartments2x1 8002BR,1BA$1.56
Northwood Villa1 Bedroom1BR,1BA$1.58
Westwood Park1 Bedroom/1 Bath1BR,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 Article
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Real 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 Article
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Quick Rent Budget Calculator

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

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Frequently Asked Questions about Gem Lake

What type of rentals are currently available in Gem Lake?

There are currently 67 Apartments for Rent in Gem Lake, MN with pricing that ranges from $1,020 to $2,997. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gem Lake ranging from $1,375 to $4,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Gem Lake ranges from $1,375 to $4,995 with an average monthly rent of $3,106.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Gem Lake range from $1,395 to $2,908, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,300. Four Bedroom Single-Family rentals are also available starting from $2,325 and Four Bedroom Apartments start at $2,997.

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.