Cheap Homes for Rent in Lake Cove Village Neighborhood of Inver Grove Heights, MN from $1,600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Cove Village area of Inver Grove Heights.

5814 Blackshire Path
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.

427 20th Ave S

235 9th St S
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.

3522 Cloman Way
Lake Cove Village, Inver Grove Heights, MN Local Guide

How much does it cost to rent a home in Lake Cove Village?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Cove Village 2 Bedroom Homes for Rent | $2,304 | $2,195 | $2,413 |
| Lake Cove Village 3 Bedroom Homes for Rent | $2,694 | $2,100 | $3,288 |
| Lake Cove Village 4 Bedroom Homes for Rent | $3,953 | $3,953 | $3,953 |
| Lake Cove Village 5 Bedroom Homes for Rent | $3,918 | $3,448 | $4,513 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Lake Cove Village Neighborhood of Inver Grove Heights, MN.
Explore 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 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 |
Best Value Apartments for Rent in Lake Cove Village, MN
As of December 28, 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 | $1.55 |
| 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 |
| Salem Green | Icterid | 1BR,1BA | $1.78 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1.57 |
| 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 ArticleCash 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.
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
Frequently Asked Questions about Lake Cove Village
What type of rentals are currently available in Lake Cove Village?
There are currently 99 Apartments for Rent in Lake Cove Village, MN with pricing that ranges from $900 to $4,195. There are also 12 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Cove Village ranging from $1,600 to $4,513.
What is the current price range for Rental Homes in Lake Cove Village?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Cove Village ranges from $1,600 to $4,513 with an average monthly rent of $2,836.
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
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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.

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.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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Articles, How-To's, and Tips

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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!
