
Cheap Homes for Rent in Lake Cove Village Neighborhood of Inver Grove Heights, MN from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Cove Village area of Inver Grove Heights.


136 11th Ave N

136 11th Ave N
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.

347 4th Ave S, Unit 1

7337 Braden Trl

118 13th Ave S
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.
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 3 Bedroom Homes for Rent | $2,441 | $2,190 | $2,676 |
| Lake Cove Village 4 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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 1 Bed unit found at Westview Park Community priced from $1,040. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,040 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1,110 |
| Lake Cove Village | 5445-202 | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Lake Cove Village, MN
As of April 27, 2026 the best value apartment in the Lake Cove Village area is the $1.24 price per square foot Large 2BR/2BA Model at Southview Greens in the in the Cahill Corridor neighborhood starting from $1,485. The second greatest value Lake Cove Village apartment is the Rambler Model at Parkview Manor starting at $1,695 with a $1.61 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. |
|---|---|---|---|
| Southview Greens | Large 2BR/2BA | 2BR,2BA | $1.24 |
| Parkview Manor | Rambler | 2BR,1BA | $1.61 |
| The Winslow 62+ Apartments | C1-60 | 2BR,2BA | $1.56 |
| Avana Southview | B1GR | 2BR,1BA | $1.62 |
| Oakdale Apartments | The Oak | 2BR,1BA | $1.65 |
| Blackberry Pointe Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.77 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.57 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom A | 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 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 98 Apartments for Rent in Lake Cove Village, MN with pricing that ranges from $900 to $6,115. There are also 9 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Cove Village ranging from $1,075 to $2,995.
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 $1,075 to $2,995 with an average monthly rent of $2,170.
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.

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Articles, How-To's, and Tips

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.