
Cheap Homes for Rent in Gem Lake, MN from $1,100 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Gem Lake.


1133 Beech St
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

1051 Arkwright St N
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.

116 Skyline Dr
Gem Lake, MN Local Guide

How much does it cost to rent a home in Gem Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Gem Lake 2 Bedroom Homes for Rent | $1,550 | $1,150 | $2,000 |
| Gem Lake 3 Bedroom Homes for Rent | $2,317 | $1,495 | $4,250 |
| Gem Lake 4 Bedroom Homes for Rent | $3,306 | $2,400 | $5,600 |
| Gem Lake 5 Bedroom Homes for Rent | $3,785 | $2,400 | $7,000 |
Browse Top Homes for Rent 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. Cherry Court Apartments in the White Bear Lake neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,203. 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 |
| Cherry Court Apartments | The Apple | 1BR,1BA | $1,203 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1,230 |
Best Value Apartments for Rent in Gem Lake, MN and Nearby
As of July 04, 2026 the best value apartment in the Gem Lake area is the $1.62 price per square foot 2 Bedroom - 2B Model at Maple Ridge Apartment Homes in the in the White Bear Lake neighborhood starting from $1,850. The second greatest value Gem Lake apartment is the Two Bedroom Model at Hoffman Place starting at $1,717 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. |
|---|---|---|---|
| Maple Ridge Apartment Homes | 2 Bedroom - 2B | 2BR,2BA | $1.62 |
| Hoffman Place | Two Bedroom | 2BR,2BA | $1.62 |
| Park Avenue Townhomes | Two Bedroom | 2BR,1BA | $1.57 |
| Cottages of White Bear Lake Township | Two Bedroom | 2BR,1BA | $1.55 |
| White Bear Terrace | Two Bedroom 21A | 2BR,1BA | $1.28 |
| Northwood Villa | 2 Bedroom | 2BR,1BA | $1.49 |
| White Bear Royal | 2X1 940 | 2BR,1BA | $1.65 |
| White Bear Manor Apartments | 2BR/1BA | 2BR,1BA | $1.42 |
| Birch Park | Two Bedroom/One Bath Corner | 2BR,1BA | $1.60 |
| 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!
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Frequently Asked Questions about Gem Lake
What type of rentals are currently available in Gem Lake?
There are currently 64 Apartments for Rent in Gem Lake, MN with pricing that ranges from $1,051 to $2,695. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Gem Lake ranging from $1,150 to $7,000.
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 $1,150 to $7,000 with an average monthly rent of $3,090.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.