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$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 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Schmidt Lake area of Inver Grove Heights.
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$1,125 - $1,485
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSouthview Greens
4835-4865 Babcock TrlInver Grove Heights, MN 55077
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$1,129 - $1,560
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 1Total Monthly Price
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$1,129 - $1,560
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Lake Cove Village
5335-5365 Audobon AveInver Grove Heights, MN 55077
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$1,230 - $2,250
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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$950 - $1,250
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilitySomerset Green/Sandalwood Place
1550 Charlton StWest St. Paul, MN 55118
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$950 - $1,440
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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$1,025
Total Monthly Price12 Month Lease Term
Studio Apartments Available Sep 4Total Monthly Price
Base Rent
$1,025
Total Monthly Price
$1,025
Waterford Green Apartments & Townhomes
2200 Southview BlvdSouth St. Paul, MN 55075
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
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Rent Specials
$1,039 - $1,814
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,025 - $1,800
Required Monthly Fees
$14
Total Monthly Price
$1,039 - $1,814
The Drover
161 Concord ExchangeSouth St. Paul, MN 55075
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$1,063 - $1,858
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,047 - $1,842
Required Monthly Fees
$16
Total Monthly Price
$1,063 - $1,858
Eagle Pointe Apartments
2044 Oakdale AveWest St. Paul, MN 55118
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$1,109 - $1,189
Plus Fees
1 Bedroom Apartments Available May 1, 2027Heritage Crest Apartments
219 3rd Ave SSouth St. Paul, MN 55075
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$1,129
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Available NowTotal Monthly Price
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$1,129
Total Monthly Price
$1,129
405 10th Ave N
405 10th Ave NSouth St. Paul, MN 55075
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$1,175
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowClark Place Apartments & Townhomes
1028 8th Ave SSouth St. Paul, MN 55075
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$1,180 - $1,450
Plus Fees
Studio to 2 Bedroom Apartments Available Sep 1Holiday Acres Apartments
1762 Oakdale AveWest St. Paul, MN 55118
1541 Traverse Ln
West St. PaulMN55118
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
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$1,200
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Nov 11Allen Avenue
1526 Allen AveWest St. Paul, MN 55118
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$1,2001 Bedroom Apartments Available Now
136 11th Ave N
136 11th Ave NSouth St. Paul, MN 55075
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$1,200 - $1,855
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,195 - $1,850
Required Monthly Fees
$5
Total Monthly Price
$1,200 - $1,855
Stoneridge
2060 Charlton StSt. Paul, MN 55118
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$1,203 - $1,483
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,199 - $1,479
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Charlton Place
110-120 Thompson Ave WWest St. Paul, MN 55118
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$1,203
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
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$1,199
Required Monthly Fees
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Charlton Terrace
212-232 Thompson Ave WWest St. Paul, MN 55118
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$1,208 - $1,543
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$1,200 - $1,535
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Oakdale Apartments
1926 Oakdale Ave WWest St. Paul, MN 55118
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$1,253 - $1,503
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,249 - $1,499
Required Monthly Fees
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Total Monthly Price
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Charlton Park
100 Thompson Ave WWest St. Paul, MN 55118
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
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$1,260 - $2,770
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowRooftop 252
252 Marie Ave EWest St. Paul, MN 55118
221 Grand Ave W, Unit 305
221 Grand Ave W
South St. PaulMN55075
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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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Studio to 2 Bedroom Apartments
Anderson-Elrose Apartments
1532 Elrose CtSouth St. Paul, MN 55075
617 2nd Ave S
South St. PaulMN55075
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1 to 2 Bedroom Apartments
Cedarwood West Apartments
222 Wentworth Ave WWest St. Paul, MN 55118
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1 to 2 Bedroom Apartments
Covington Court
364 E Marie AveWest St. Paul, MN 55118
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.
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1 Bedroom Apartments
Grand Hill Condominiums
221 Grand Ave WSouth St. Paul, MN 55075
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Studio to 2 Bedroom Apartments
Greystone Apartments
315 3rd St NSouth St. Paul, MN 55075
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1 to 2 Bedroom Apartments
205 Wentworth
205 Wentworth Ave WWest St. Paul, MN 55118
Showing Results 1-31, 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 | $1,414 | $1,025 | $3,956 |
| Schmidt Lake 1 Bedroom Apartments | $1,583 | $950 | $10,000+ |
| Schmidt Lake 2 Bedroom Apartments | $1,903 | $1,175 | $8,948 |
| Schmidt Lake 3 Bedroom Apartments | $2,915 | $1,745 | $4,495 |
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 31 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 Waterford Green Apartments & Townhomes priced from $1,025. The Drover has the second lowest priced unit, which is a Studio apartment currently listed from $1,039. Here are the most affordable Schmidt Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Waterford Green Apartments & Townhomes | Edlyn | Studio,1BA | $1,025 |
| The Drover | The Range | Studio,1BA | $1,039 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,075 |
| Eagle Pointe Apartments | One Bedroom One Bath (A) | 1BR,1BA | $1,108 |
| PEARLWOOD ESTATES | 1 Bedroom 1 Bathroom Waitlist Application | 1BR,1BA | $1,110 |
| 405 10th Ave N | 1BR | 1BR,1BA | $1,129 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom D | 2BR,1BA | $1,175 |
| Cedarwood West Apartments | 2-Bed | 2BR,1BA | $1,203 |
| Charlton Terrace | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1,203 |
| Salem Green | Hummingbird | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Schmidt Lake, MN
As of August 29, 2026 the best value apartment in the Schmidt Lake area is the $1.38 price per square foot 3 br S Model at Country Club Manor Apartments in the in the Nature View neighborhood starting from $2,100. The second greatest value Schmidt Lake apartment is the Large 2BR/2BA Model at Southview Greens starting at $1,485 with a $1.24 price per square foot in the Cahill Corridor 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. |
|---|---|---|---|
| Country Club Manor Apartments | 3 br S | 3BR,2BA | $1.38 |
| Southview Greens | Large 2BR/2BA | 2BR,2BA | $1.24 |
| Stoneridge | 2B/2B | 2BR,2BA | $1.47 |
| Cedarwood West Apartments | 2-Bed | 2BR,1.5BA | $1.12 |
| Parkview Manor | Front Penthouse | 2BR,1BA | $1.55 |
| The Winslow 62+ Apartments | C1-F | 2BR,2BA | $1.53 |
| Charlton Place | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.54 |
| Charlton Park | Renovated 1 Bed 1 Bath | 1BR,1BA | $1.47 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom A | 2BR,1BA | $1.57 |
| PEARLWOOD ESTATES | 1 Bedroom 1 Bathroom Waitlist Application | 1BR,1BA | $1.57 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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!
Frequently Asked Questions about Cheap Schmidt Lake Apartments
What is the Cheapest Studio apartment in Schmidt Lake?
Currently the most affordable Cheap Studio Apartment in Schmidt Lake is at Waterford Green Apartments & Townhomes listed at $1,025.
How much is rent for a Cheap One Bedroom Schmidt Lake Apartment?
The lowest price for a Cheap One Bedroom Schmidt Lake Apartment is $1,075 at Westview Park Community.
What is the lowest price for a Cheap Two Bedroom Schmidt Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Schmidt Lake is starting from $1,175 at Clark Place Apartments & Townhomes.
What is the most affordable Schmidt Lake Three Bedroom Apartment?
The best deal on a cheap Schmidt Lake Three Bedroom Apartment rental is at PEARLWOOD ESTATES and starts from $1,745.
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
Authentic Minneapolis: An Insider's 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.
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.
Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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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.
Articles, How-To's, and Tips
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.