
Cheap Apartments for Rent in Hoyt Lakes, MN from $495 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Hoyt Lakes.


115 3rd St S

Park Apartments

Laurentian Apartments

Ivy Manor Apartments

Meadowview Apartments
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.

Mountain Manor Apartments

Deering Manor - Section 8: 62+ ,Handicapped,

5739 Marble Ave

The Acres on Arrowhead

Meadowbrook Apartments

Marlin Manor
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.

Total Monthly Price
Park Villa Apartments

Hilltop Manor

Lesterwood Apartments

3901 Greysolon Rd

Mount Royal Apartment

Total Monthly Price
Eastview Apartments
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.

Irongate Apartments & Townhomes

The Androy Apartments

Alice Nettell Towers

612 Adams Ave

The Virginian Apartments

313 N 21st Ave W
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.

4329-4331 E Superior St
Hoyt Lakes, MN Local Guide

How much does it cost to rent an apartment in Hoyt Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hoyt Lakes Studio Apartments | $1,297 | $495 | $1,495 |
| Hoyt Lakes 1 Bedroom Apartments | $1,323 | $525 | $1,909 |
| Hoyt Lakes 2 Bedroom Apartments | $1,749 | $625 | $2,745 |
| Hoyt Lakes 3 Bedroom Apartments | $2,245 | $1,290 | $3,445 |
Browse Top Apartments in Hoyt Lakes
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Hoyt Lakes, MN Local Guide
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Cheapest Available Hoyt Lakes Apartments for Rent and Nearby
 The cheapest available apartment rental in Hoyt Lakes, MN is a Studio unit found at 115 3rd St S priced from $495. Laurentian Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here is today’s list of the most affordable Hoyt Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 115 3rd St S | Studio/Efficiency | Studio,1BA | $495 |
| Laurentian Apartments | Studio | 1BR,1BA | $600 |
| Park Apartments | 2 Bed/1 Bath | 2BR,1BA | $625 |
| Meadowview Apartments | 1 Bdr-Market Rate | 1BR,1BA | $700 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $701 |
Best Value Apartments for Rent in Hoyt Lakes, MN and Nearby
As of August 24, 2026 the best value apartment in the Hoyt Lakes area is the $0.90 price per square foot 2 Bed + 1 Bath Model at Meadowbrook Apartments in the starting from $895. The second greatest value Hoyt Lakes apartment is the 2 Bedroom Model at Ivy Manor Apartments starting at $958 with a $1.05 price per square foot . Here is today’s list of the best values for Hoyt Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Meadowbrook Apartments | 2 Bed + 1 Bath | 2BR,1BA | $0.90 |
| Ivy Manor Apartments | 2 Bedroom | 2BR,1BA | $1.05 |
| 5739 Marble Ave | 2 Bedroom | 2BR,1BA | $1.13 |
| Miller Hill Manor | 1 Bedroom-Corner Unit Dine in Kitchen | 1BR,1BA | $1.99 |
| Meadowview Apartments | 2 Bdr - Subsidized | 1BR,1BA | $1.19 |
| Park Apartments | 2 Bed/1 Bath | 2BR,1BA | $1.04 |
| Deering Manor - Section 8: 62+ ,Handicapped, | Deering Manor, 1 bed, 1 bath. | 1BR,1BA | $1.22 |
| Hilltop Manor | One Bedroom | 1BR,1BA | $1.63 |
| Mountain Manor Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.40 |
| Laurentian Apartments | Studio | 1BR,1BA | $1.50 |
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 Hoyt Lakes, MN Rentals by Map
See the most popular apartments and homes in Hoyt Lakes, MN
Frequently Asked Questions about Cheap Hoyt Lakes Apartments
How much is rent for a Cheap One Bedroom Hoyt Lakes Apartment?
The lowest price for a Cheap One Bedroom Hoyt Lakes Apartment is $600 at Laurentian Apartments.
What is the lowest price for a Cheap Two Bedroom Hoyt Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hoyt Lakes is starting from $625 at Park Apartments.
What is the most affordable Hoyt Lakes Three Bedroom Apartment?
The best deal on a cheap Hoyt Lakes Three Bedroom Apartment rental is at The Acres on Arrowhead and starts from $2,195.
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.