close
View Me
$1,110 - $1,745
Plus Fees
1 to 3 Bedroom Apartments Available NowPEARLWOOD ESTATES
1860 52nd St EInver Grove Heights, MN 55077
Cheap Apartments for Rent in the Schmidt Lake Neighborhood of Inver Grove Heights, MN from $700 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Schmidt Lake area of Inver Grove Heights.
close
View Me
$1,125 - $1,485
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Jan 1, 2026Southview Greens
4835-4865 Babcock TrlInver Grove Heights, MN 55077
close
View Me
$1,129 - $1,569
Plus Fees
1 to 2 Bedroom Apartments Available NowLake Cove Village
5335-5365 Audobon AveInver Grove Heights, MN 55077
close
View Me
Rent Specials
$1,210 - $2,100
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowSalem Green
1455 Upper 55th St EInver Grove Heights, MN 55077
close
View Me
$900 - $1,250
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySomerset Green/Sandalwood Place
1550 Charlton StWest St. Paul, MN 55118
close
View Me
Rent Specials
$979
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$975
Required Monthly Fees
$4
Total Monthly Price
$979
Charlton Estates
1492 Charlton StWest St. Paul, MN 55118
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.
close
View Me
$1,005 - $1,905
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jan 31, 2026Total Monthly Price
Base Rent
$1,000 - $1,900
Required Monthly Fees
$5
Total Monthly Price
$1,005 - $1,905
Stoneridge Apts-2060
2060 Charlton StSt. Paul, MN 55118
close
View Me
$1,040 - $1,400
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowWestview Park Community
285 Westview Dr EWest St. Paul, MN 55118
close
View Me
$1,049 - $1,389
Plus Fees
Studio to 1 Bedroom Apartments Available NowHeritage Crest Apartments
219 3rd Ave SSouth St. Paul, MN 55075
close
View Me
$1,126 - $1,985
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$976 - $1,835
Required Monthly Fees
$150
Total Monthly Price
$1,126 - $1,985
Eagle Pointe
2044 Oakdale AveWest St. Paul, MN 55118
close
View Me
$1,150 - $1,395
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowAllen Avenue
1526 Allen AveWest St. Paul, MN 55118
close
View Me
Rent Specials
$1,175 - $1,530
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowOakdale Apartments
1926 Oakdale Ave WWest St. Paul, MN 55118
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.
close
View Me
$1,180 - $1,450
Plus Fees
Studio to 2 Bedroom Apartments Available NowHoliday Acres Apartments
1762 Oakdale AveWest St. Paul, MN 55118
close
View Me
Rent Specials
$1,243 - $1,303
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,239 - $1,299
Required Monthly Fees
$4
Total Monthly Price
$1,243 - $1,303
Charlton Terrace
212-232 Thompson Ave WWest St. Paul, MN 55118
close
View Me
$1,250
Total Monthly Price12 Month Lease Term
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
233 7th Ave S, Unit UPPER
233 7th Ave SSouth St. Paul, MN 55075
close
View Me
$1,260 - $2,770
Plus Fees
Studio to 3 Bedroom Apartments Available NowRooftop 252
252 Marie Ave EWest St. Paul, MN 55118
close
View Me
Rent Specials
$1,265
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChateau Apartments
1555 Bellows StWest St. Paul, MN 55118
close
View Me
Studio to 2 Bedroom Apartments
612 Stewart Ave., South St. Paul
612 Stewart AveSouth St. Paul, MN 55075
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.
close
View Me
close
View Me
close
View Me
close
View Me
2 Bedroom Apartments
Clark Place Apartments-Affordable Housing Available
1028 8th AveSouth St. Paul, MN 55075
close
View Me
close
View Me
The Art of the Rental Viewing: What to look for during a property tour
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.
close
View Me
close
View Me
close
View Me
Showing Results 1-27, Page 1 of 1
Schmidt Lake, Inver Grove Heights, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in Schmidt Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schmidt Lake Studio Apartments | $1,260 | $979 | $1,479 |
| Schmidt Lake 1 Bedroom Apartments | $1,390 | $900 | $1,865 |
| Schmidt Lake 2 Bedroom Apartments | $1,658 | $1,200 | $2,938 |
| Schmidt Lake 3 Bedroom Apartments | $2,002 | $1,650 | $2,617 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 2 mile radius of the Schmidt Lake Neighborhood of Inver Grove Heights, MN.
See all Apartments in Inver Grove HeightsExplore Inver Grove Heights
Schmidt Lake, Inver Grove Heights, MN Local Guide
- Nearby Inver Grove Heights neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Schmidt Lake Apartments for Rent
The cheapest available apartment rental in the Schmidt Lake area of Minneapolis, MN is a Studio unit found at Charlton Estates priced from $979. 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 Schmidt Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Charlton Estates | Studio (ground lv) | Studio,1BA | $979 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,040 |
| Heritage Crest Apartments | GStudio | Studio,1BA | $1,049 |
| 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 |
| Lake Cove Village | 5450-302 | 1BR,1BA | $1,129 |
| Allen Avenue | 1 Bedroom | 1BR,1BA | $1,150 |
| Oakdale Apartments | The Maple | 1BR,1BA | $1,175 |
| Holiday Acres Apartments | One Bedroom 672 | 1BR,1BA | $1,180 |
| Salem Green | Blue Jay | 1BR,1BA | $1,210 |
Best Value Apartments for Rent in Schmidt Lake, MN
As of December 01, 2025 the best value apartment in the Schmidt Lake 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 Schmidt Lake 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 Schmidt Lake 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 |
| Charlton Park | Renovated 2 Bedroom 2 Bath | 2BR,2BA | $1.38 |
| Avana Southview | B4GR | 2BR,1BA | $1.51 |
| 227 14th Ave S, Unit 2 | 227 14th Ave S | 2BR,1BA | $1.40 |
| Charlton Terrace | Renovated 2 Bedroom (garden lv) | 2BR,1BA | $1.41 |
| Charlton Place | 2 Bedroom 1 Bath | 2BR,1BA | $1.48 |
| Allen Avenue | 1 Bedroom | 1BR,1BA | $1.37 |
| Clark Place Apartments-Affordable Housing Available | 2 bed/1 bath | 2BR,1BA | $1.31 |
| Bellows Court | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.54 |
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 Article
The 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.
Let everyone know!
Do you know the Schmidt Lake area?
If you’re an expert on all things Schmidt Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States including Schmidt Lake, Inver Grove Heights, and the greater Minneapolis-St. Paul area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, apartment communities for the kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Schmidt Lake Neighborhood in Inver Grove Heights, MN
Walk Score®
13 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
35 / 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 Schmidt Lake Apartments
What is a cheap apartment in Schmidt Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Schmidt Lake is under $1,210.
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 $1,875.
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 12 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 $131 which is $1,744 cheaper than the average rent for all rentals in Schmidt Lake.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
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.
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.