Cheap Apartments for Rent in the Lake Cove Village Neighborhood of Inver Grove Heights, MN from $800 (37 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Cove Village area of Inver Grove Heights.

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Lake Cove Village
$1,129 - $1,569
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,129 - $1,569

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1 to 2 Bedroom Apartments Available Jun 30

Lake Cove Village

5335-5365 Audobon AveInver Grove Heights, MN 55077
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Avana Southview
$1,357 - $9,048
Total Monthly Price

Total Monthly Price

Base Rent
$1,351 - $9,042
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Avana Southview

4930 Ashley LnInver Grove Heights, MN 55077
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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.

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Stoneridge
$1,005 - $1,905
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,900
Required Monthly Fees
$5

Total Monthly Price
$1,005 - $1,905
Studio to 2 Bedroom Apartments Available Now

Stoneridge

2060 Charlton StSt. Paul, MN 55118
Corporate Housing
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Eagle Pointe Apartments
$1,144 - $1,795
Total Monthly Price

Total Monthly Price

Base Rent
$976 - $1,627
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Eagle Pointe Apartments

2044 Oakdale AveWest St. Paul, MN 55118
Family Friendly
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Oakdale Apartments
Rent Specials
$1,193 - $1,543
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,185 - $1,535
Required Monthly Fees
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Studio to 2 Bedroom Apartments Available Now

Oakdale Apartments

1926 Oakdale Ave WWest St. Paul, MN 55118
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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.

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The Drover
Rent Specials
$1,294 - $1,714
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,280 - $1,700
Required Monthly Fees
$14

Total Monthly Price
$1,294 - $1,714
1 to 2 Bedroom Apartments Available Now

The Drover

161 Concord ExchangeSouth St. Paul, MN 55075
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Chateau Apartments
Rent Specials
$1,310 - $1,620
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,305 - $1,615
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Jul 1

Chateau Apartments

1555 Bellows StWest St. Paul, MN 55118
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Savor Apartments
Rent Specials
$1,424 - $3,716
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $3,667
Required Monthly Fees
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Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Savor Apartments

1571 Robert St SSt. Paul, MN 55118
Luxury
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property at 614 1st Ave S

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Jul 31

614 1st Ave S

South St. PaulMN55075

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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The Yards
$1,503 - $2,503
Total Monthly Price

Total Monthly Price

Base Rent
$1,495 - $2,495
Required Monthly Fees
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Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Yards

205 Concord Exchange NSouth St. Paul, MN 55075
Corporate Housing
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The Mendota
$1,505 - $2,255
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,500 - $2,250
Required Monthly Fees
$5

Total Monthly Price
$1,505 - $2,255
1 to 3 Bedroom Apartments Available Now

The Mendota

2050 Delaware AveWest St. Paul, MN 55118
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430 Mendota
Rent Specials
$1,575 - $1,775
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,575 - $1,775

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

430 Mendota

430 Mendota RdWest St. Paul, MN 55118
Pet Friendly
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Covington Court
1 to 2 Bedroom Apartments

Covington Court

364 E Marie AveWest St. Paul, MN 55118
  • Utilities Included
property at 132 W Warburton St

$999

Total Monthly Price

Total Monthly Price

Base Rent
$999

Total Monthly Price
$999

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

132 W Warburton St

South St. PaulMN55075
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Greystone Apartments
Studio to 2 Bedroom Apartments

Greystone Apartments

315 3rd St NSouth St. Paul, MN 55075
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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205 Wentworth
1 to 2 Bedroom Apartments

205 Wentworth

205 Wentworth Ave WWest St. Paul, MN 55118
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Lake Cove Village, Inver Grove Heights, MN Local Guide

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. PEARLWOOD ESTATES has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,110. Here are the most affordable Lake Cove Village apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Westview Park CommunityWestview Gardens - 1br1BR,1BA$1,075
PEARLWOOD ESTATES1 Bedroom 1 Bathroom Waitlist Application1BR,1BA$1,110
Clark Place Apartments & TownhomesCPA - 2 Bedroom D2BR,1BA$1,175
Holiday Acres ApartmentsOne Bedroom 6721BR,1BA$1,180
Cedarwood West Apartments2-Bed2BR,1BA$1,195
Eagle Pointe ApartmentsOne Bedroom One Bath (A)1BR,1BA$1,230
Salem GreenJunco1BR,1BA$1,230
Rooftop 252StudioStudio,1BA$1,260
Country Club Manor Apartments1 bedroom N1BR,1BA$1,299
The DroverThe Crossing1BR,1BA$1,304

Best Value Apartments for Rent in Lake Cove Village, MN

As of June 30, 2026 the best value apartment in the Lake Cove Village area is the $1.50 price per square foot 2B/2B Model at The Mendota in the in the Nature View neighborhood starting from $1,830. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Mendota2B/2B2BR,2BA$1.50
Southview GreensLarge 2BR/2BA2BR,2BA$1.24
Avana SouthviewB7GR2BR,2BA$1.75
Cedarwood West Apartments2-Bed2BR,1.5BA$1.11
Oakdale ApartmentsThe Birch2BR,1BA$1.64
Blackberry Pointe ApartmentsOne Bedroom One Bathroom1BR,1BA$1.75
Country Club Manor Apartments1 bedroom N1BR,1BA$1.53
Westview Park CommunityWestview Gardens - 2br2BR,1BA$1.62
Clark Place Apartments & TownhomesCPA - 2 Bedroom A2BR,1BA$1.57
PEARLWOOD ESTATES1 Bedroom 1 Bathroom Waitlist Application1BR,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.

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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.

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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.

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Pet Friendly Lifestyle
Lake Cove Village, Inver Grove Heights, MN

Ranked #3

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 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 $1,304.

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 $1,075, while the average apartment in Lake Cove Village costs $2,895.

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 20 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 $108 which is $2,787 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.

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