
Cheap Apartments for Rent in the Lake Cove Village Neighborhood of Inver Grove Heights, MN from $800 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Cove Village area of Inver Grove Heights.


Southview Greens

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Lake Cove Village

Salem Green

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Avana Southview

Somerset Green/Sandalwood Place

Westview Park Community
Rent According to Income: A Look at Income-Restricted Rentals
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Waterford Green Apartments & Townhomes

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The Drover

Heritage Crest Apartments

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405 10th Ave N

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Eagle Pointe Apartments

Clark Place Apartments & Townhomes

Holiday Acres 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.

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Oakdale Apartments

1541 Traverse Ln

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Stoneridge

136 11th Ave N

Rooftop 252

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Chateau Apartments

221 Grand Ave W, Unit 305
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.

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The Yards

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Savor Apartments

Anderson-Elrose Apartments

617 2nd Ave S

Covington Court

Cedarwood West Apartments

Grand Hill Condominiums
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.

Greystone Apartments

205 Wentworth

The Backyards
Lake Cove Village, Inver Grove Heights, MN Local Guide

How much does it cost to rent an apartment in Lake Cove Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cove Village Studio Apartments | $1,364 | $1,025 | $2,842 |
| Lake Cove Village 1 Bedroom Apartments | $1,626 | $950 | $10,000+ |
| Lake Cove Village 2 Bedroom Apartments | $1,998 | $1,175 | $8,147 |
| Lake Cove Village 3 Bedroom Apartments | $2,832 | $1,745 | $4,495 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Lake Cove Village Neighborhood of Inver Grove Heights, MN.
See all Apartments in Inver Grove HeightsExplore Inver Grove Heights
Lake Cove Village, Inver Grove Heights, MN Local Guide
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Cheapest Available Lake Cove Village Apartments for Rent
 The cheapest available apartment rental in the Lake Cove Village area of Minneapolis, MN is a 1 Bed unit found at Westview Park Community priced from $1,075. Lake Cove Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,129. Here are the most affordable Lake Cove Village apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,075 |
| Lake Cove Village | 1BR/1BA | 1BR,1BA | $1,129 |
| 405 10th Ave N | 1BR | 1BR,1BA | $1,129 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom B | 2BR,1BA | $1,175 |
| Oakdale Apartments | The Maple | 1BR,1BA | $1,193 |
| Cedarwood West Apartments | 2-Bed | 2BR,1BA | $1,203 |
| Salem Green | Hummingbird | 1BR,1BA | $1,250 |
| Rooftop 252 | Studio | Studio,1BA | $1,260 |
| Eagle Pointe Apartments | One Bedroom One Bath (A) | 1BR,1BA | $1,270 |
| The Drover | The Traverse | 1BR,1BA | $1,294 |
Best Value Apartments for Rent in Lake Cove Village, MN
As of August 14, 2026 the best value apartment in the Lake Cove Village area is the $1.38 price per square foot 3 br S Model at Country Club Manor Apartments in the in the Nature View neighborhood starting from $2,100. The second greatest value Lake Cove Village apartment is the Large 2BR/2BA Model at Southview Greens starting at $1,485 with a $1.24 price per square foot in the Cahill Corridor neighborhood. Here is today’s list of the best values for Lake Cove Village apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Country Club Manor Apartments | 3 br S | 3BR,2BA | $1.38 |
| Southview Greens | Large 2BR/2BA | 2BR,2BA | $1.24 |
| Cedarwood West Apartments | 2-Bed | 2BR,1.5BA | $1.12 |
| The Mendota | 2B+Den/1.5B | 2BR,1.5BA | $1.68 |
| Parkview Manor | Front Penthouse | 2BR,1BA | $1.61 |
| The Winslow 62+ Apartments | C1-F | 2BR,2BA | $1.53 |
| PEARLWOOD ESTATES | 2 Bedroom 2 Bathroom Corner Unit Waitlist Appli... | 2BR,2BA | $1.47 |
| Blackberry Pointe Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.56 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.62 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom A | 2BR,1BA | $1.57 |
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.
Pet Friendly LifestyleLake Cove Village, Inver Grove Heights, MN
Ranked #3
Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in cities across the United States including Lake Cove Village, Inver Grove Heights, and the greater Minneapolis-St. Paul area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, places to raise kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Lake Cove Village Apartments
What is the Cheapest Studio apartment in Lake Cove Village?
Currently the most affordable Cheap Studio Apartment in Lake Cove Village is at Salem Green listed at $1,250.
How much is rent for a Cheap One Bedroom Lake Cove Village Apartment?
The lowest price for a Cheap One Bedroom Lake Cove Village Apartment is $1,075 at Westview Park Community.
What is the lowest price for a Cheap Two Bedroom Lake Cove Village Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Cove Village is starting from $1,175 at Clark Place Apartments & Townhomes.
What is the most affordable Lake Cove Village Three Bedroom Apartment?
The best deal on a cheap Lake Cove Village Three Bedroom Apartment rental is at PEARLWOOD ESTATES and starts from $1,745.
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.
Helpful Local Expert Guides

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
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Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
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.

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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.

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.