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$1,095 - $1,445
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilitySouthview Greens
4835-4865 Babcock TrlInver Grove Heights, MN 55077
Cheap Apartments for Rent in the Schmidt Lake Neighborhood of Inver Grove Heights, MN from $700 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Schmidt Lake area of Inver Grove Heights.
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$1,100 - $1,725
Plus Fees
1 to 3 Bedroom Apartments Available NowPEARLWOOD ESTATES
1860 52nd St EInver Grove Heights, MN 55077
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$1,129 - $1,569
Plus Fees
1 to 2 Bedroom Apartments Available Oct 23Lake Cove Village
5335-5365 Audobon AveInver Grove Heights, MN 55077
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$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
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$1,256 - $5,589
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,251 - $5,584
Required Monthly Fees
$5
Total Monthly Price
$1,256 - $5,589
Avana Southview
4930 Ashley LnInver Grove Heights, MN 55077
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$900 - $1,250
Plus Fees
1 to 2 Bedroom Apartments Contact Us For AvailabilitySomerset Green/Sandalwood Place
1550 Charlton StWest St. Paul, MN 55118
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Rent Specials
$999 - $1,299
Plus Fees
Studio to 2 Bedroom Apartments Available NowCharlton Terrace
212-232 Thompson Ave WWest 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.
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$1,005 - $1,905
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,000 - $1,900
Required Monthly Fees
$5
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$1,005 - $1,905
Stoneridge Apts-2060
2060 Charlton StSt. Paul, MN 55118
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$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
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$1,049 - $1,059
Plus Fees
Studio Apartments Available Nov 1Heritage Crest Apartments
219 3rd Ave SSouth St. Paul, MN 55075
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$1,126 - $2,340
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$976 - $2,190
Required Monthly Fees
$150
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$1,126 - $2,340
Eagle Pointe
2044 Oakdale AveWest St. Paul, MN 55118
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$1,129 - $1,299
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1 to 2 Bedroom Apartments Available NowCharlton Place
110-120 Thompson Ave WWest St. Paul, MN 55118
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$1,180 - $1,450
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Studio to 2 Bedroom Apartments Available NowHoliday Acres Apartments
1762 Oakdale AveWest St. Paul, MN 55118
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$1,185 - $1,550
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.
1042 6th Ave S
South St. PaulMN55075
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$1,200
Plus Fees
1 Bedroom Apartments Available Nov 1136 11th Ave N
136 11th Ave NSouth St. Paul, MN 55075
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$1,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowAllen Avenue
1526 Allen AveWest St. Paul, MN 55118
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$1,260 - $2,770
Plus Fees
Studio to 3 Bedroom Apartments Available NowRooftop 252
252 Marie Ave EWest St. Paul, MN 55118
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$1,265
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Dec 1Chateau Apartments
1555 Bellows StWest St. Paul, MN 55118
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$1,297 - $1,687
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $1,685
Required Monthly Fees
$2
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$1,297 - $1,687
The Backyards
225 Concord Exchange NSouth St. Paul, MN 55075
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$1,299 - $1,579
Plus Fees
1 to 2 Bedroom Apartments Available NowCharlton Park
100 Thompson Ave WWest St. Paul, MN 55118
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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Studio to 2 Bedroom Apartments
612 Stewart Ave., South St. Paul
612 Stewart AveSouth St. Paul, MN 55075
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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.
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Showing Results 1-30, 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 | $1,285 | $999 | $2,667 |
| Schmidt Lake 1 Bedroom Apartments | $1,433 | $900 | $4,803 |
| Schmidt Lake 2 Bedroom Apartments | $1,799 | $1,200 | $5,589 |
| Schmidt Lake 3 Bedroom Apartments | $2,027 | $1,650 | $2,547 |
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 30 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
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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 Terrace priced from $999. Covington Court has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here are the most affordable Schmidt Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Charlton Terrace | Studio (garden level) | Studio,1BA | $999 |
| Covington Court | One Bedroom 11A | 1BR,1BA | $1,000 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,040 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1,100 |
| Charlton Place | Renovated 1 Bedroom | 1BR,1BA | $1,129 |
| Holiday Acres Apartments | One Bedroom 672 | 1BR,1BA | $1,180 |
| Oakdale Apartments | The Maple | 1BR,1BA | $1,185 |
| Allen Avenue | 1 Bedroom + Den | 1BR,1BA | $1,200 |
| Salem Green | Blue Jay | 1BR,1BA | $1,210 |
| Bellows Court | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1,249 |
Best Value Apartments for Rent in Schmidt Lake, MN
As of October 17, 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 2B/2B Model at Stoneridge Apts-2060 starting at $1,555 with a $1.31 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 |
| Stoneridge Apts-2060 | 2B/2B | 2BR,2BA | $1.31 |
| Parkview Manor | Front Penthouse | 2BR,1BA | $1.59 |
| Charlton Park | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.39 |
| 227 14th Ave S, Unit 2 | 227 14th Ave S | 2BR,1BA | $1.40 |
| Allen Avenue | 1 Bedroom + Den | 1BR,1BA | $1.25 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.57 |
| Bellows Court | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.54 |
| Charlton Place | Renovated 1 Bedroom | 1BR,1BA | $1.50 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1.56 |
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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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.
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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 $1,249.
What is the price of a cheap apartment in Schmidt Lake?
The cheapest apartment in Schmidt Lake is Covington Court which is listed at $1,000, while the average apartment in Schmidt Lake costs $1,890.
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 8 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 $142 which is $1,748 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.
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.