
Cheap Apartments for Rent in the Lake Cove Village Neighborhood of Inver Grove Heights, MN from $800 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Cove Village area of Inver Grove Heights.


Southview Greens

Lake Cove Village

Salem Green

Blackberry Pointe Apartments
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.

Somerset Green/Sandalwood Place

Oakdale Apartments

Total Monthly Price
Stoneridge Apts-2060

Westview Park Community

Total Monthly Price
Eagle Pointe

Holiday Acres Apartments
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Rooftop 252

Heritage Crest Apartments

Total Monthly Price
The Backyards

Waterford Green Apartments & Townhomes
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
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Clark Place Apartments-Affordable Housing Available
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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,290 | $995 | $1,497 |
| Lake Cove Village 1 Bedroom Apartments | $1,389 | $900 | $1,865 |
| Lake Cove Village 2 Bedroom Apartments | $1,689 | $1,195 | $3,319 |
| Lake Cove Village 3 Bedroom Apartments | $1,954 | $1,650 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 25 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
- Nearby Inver Grove Heights neighborhoods
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- ZIP codes
- Local Counties
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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 Studio unit found at Oakdale Apartments priced from $995. Westview Park Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here are the most affordable Lake Cove Village apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakdale Apartments | The Cedar | Studio,1BA | $995 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,040 |
| Clark Place Apartments-Affordable Housing Available | 2 bed/1 bath | 2BR,1BA | $1,100 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1,110 |
| Holiday Acres Apartments | One Bedroom 672 | 1BR,1BA | $1,180 |
Best Value Apartments for Rent in Lake Cove Village, MN
As of December 21, 2025 the best value apartment in the Lake Cove Village area is the $0.78 price per square foot 5729 Model at 5721 Brent Ave in the in the Cahill Corridor neighborhood starting from $2,325. The second greatest value Lake Cove Village apartment is the 427 20th Ave S Model at 427 20th Ave S, Unit B starting at $1,850 with a $1.09 price per square foot in the Nature View 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. |
|---|---|---|---|
| 5721 Brent Ave | 5729 | 3BR,4BA | $0.78 |
| 427 20th Ave S, Unit B | 427 20th Ave S | 3BR,1BA | $1.09 |
| Avana Southview | B4GR | 2BR,1BA | $1.48 |
| Parkview Manor | Rambler | 2BR,1BA | $1.61 |
| The Winslow 62+ Apartments | C1S-60 | 2BR,2BA | $1.65 |
| Clark Place Apartments-Affordable Housing Available | 2 bed/1 bath | 2BR,1BA | $1.31 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.57 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1.57 |
| Holiday Acres Apartments | One Bedroom 672 | 1BR,1BA | $1.76 |
| Oakdale Apartments | The Cedar | Studio ,1BA | $1.66 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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.
Getting Around the Lake Cove Village Neighborhood in Inver Grove Heights, MN
Walk Score®
15 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
32 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
21 / 100
Minimal Transit
It may be possible to get on a bus
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Lake Cove Village Apartments
What is a cheap apartment in Lake Cove Village?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Cove Village is under $1,430.
What is the price of a cheap apartment in Lake Cove Village?
The cheapest apartment in Lake Cove Village is Westview Park Community which is listed at $1,040, while the average apartment in Lake Cove Village costs $1,850.
What types of apartments are the cheapest in Lake Cove Village?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Lake Cove Village that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Lake Cove Village?
Cheap apartments in Lake Cove Village have an average cost of $253 which is $1,597 cheaper than the average rent for all rentals in Lake Cove Village.
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

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
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.

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.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

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Articles, How-To's, and Tips

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.








