
Cheap 1 Bedroom Apartments for Rent in the Schmidt Lake Neighborhood of Inver Grove Heights, MN from $900 (23 Rentals)


Southview Greens

Total Monthly Price
Lake Cove Village

Salem Green

Somerset Green/Sandalwood Place

200 1st Ave S, Unit Unit 2, Unit Unit 2

Total Monthly Price
Charlton Estates
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.

Westview Park Community

Total Monthly Price
Charlton Terrace

Total Monthly Price
Charlton Place

Total Monthly Price
Oakdale Apartments

Total Monthly Price
Eagle Pointe Apartments

Holiday Acres Apartments

Allen Avenue
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.

1020 3rd St S, Unit 3

Total Monthly Price
The Drover

136 11th Ave N

Anderson-Elrose Apartments

Greystone Apartments

221 Grand Ave W

Bellows Court
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.

205 Wentworth

Country Club Manor Apartments
Schmidt Lake, Inver Grove Heights, MN Local Guide

How much does it cost to rent an apartment in Schmidt Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schmidt Lake Studio Apartments | $1,373 | $1,005 | $4,119 |
Schmidt Lake 1 Bedroom Apartments | $1,503 | $900 | $4,389 |
| Schmidt Lake 2 Bedroom Apartments | $1,993 | $1,175 | $5,891 |
| Schmidt Lake 3 Bedroom Apartments | $2,932 | $1,745 | $3,100 |
Explore Inver Grove Heights
Frequently Asked Questions about Cheap Schmidt Lake Apartments
What is the price of a cheap apartment in Schmidt Lake?
The cheapest apartment in Schmidt Lake is Westview Park Community which is listed at $1,040, while the average apartment in Schmidt Lake costs $3,100.
What types of apartments are the cheapest in Schmidt Lake?
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 23 regular apartments in Schmidt Lake 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 Schmidt Lake?
Cheap apartments in Schmidt Lake have an average cost of $112 which is $2,988 cheaper than the average rent for all rentals in Schmidt Lake.
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
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
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
Written by: Stephanie Lica
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.
Articles, How-To's, and Tips

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.