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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 (24 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 - $1,574
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowLake Cove Village
5335-5365 Audobon AveInver Grove Heights, MN 55077
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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
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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
$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
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Rent Specials
$995 - $1,555
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowOakdale Apartments
1926 Oakdale Ave WWest St. Paul, MN 55118
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$1,005 - $1,905
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available Jan 31Total Monthly Price
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$1,000 - $1,900
Required Monthly Fees
$5
Total Monthly Price
$1,005 - $1,905
Stoneridge Apts-2060
2060 Charlton StSt. 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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$1,040 - $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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$1,083 - $1,263
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,079 - $1,259
Required Monthly Fees
$4
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$1,083 - $1,263
Charlton Terrace
212-232 Thompson Ave WWest St. Paul, MN 55118
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$1,133 - $2,077
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$976 - $1,920
Required Monthly Fees
$157
Total Monthly Price
$1,133 - $2,077
Eagle Pointe
2044 Oakdale AveWest St. Paul, MN 55118
826 Marie
South St. PaulMN55075
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$1,180 - $1,450
Plus Fees
Studio to 2 Bedroom Apartments Available NowHoliday Acres Apartments
1762 Oakdale AveWest St. Paul, MN 55118
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$1,203
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,199
Required Monthly Fees
$4
Total Monthly Price
$1,203
Charlton Place
110-120 Thompson Ave WWest St. Paul, MN 55118
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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
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$1,265 - $1,330
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChateau Apartments
1555 Bellows StWest 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.
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$1,454 - $2,830
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1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,410 - $2,786
Required Monthly Fees
$44
Total Monthly Price
$1,454 - $2,830
Savor Apartments
1571 Robert St SSt. Paul, MN 55118
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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
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1 to 2 Bedroom Apartments
Covington Court
364 E Marie AveWest St. Paul, MN 55118
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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
Trinoja South Apartments
136 11th Ave NSouth St. Paul, MN 55075
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1 to 2 Bedroom Apartments
205 Wentworth
205 Wentworth Ave WWest St. Paul, MN 55118
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1 to 3 Bedroom Apartments
Country Club Manor Apartments
1945 Oakdale AveWest St. Paul, MN 55118
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.
Showing Results 1-24, 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 | $1,402 | $979 | $5,053 |
| Schmidt Lake 1 Bedroom Apartments | $1,535 | $900 | $2,245 |
| Schmidt Lake 2 Bedroom Apartments | $2,058 | $1,200 | $4,275 |
| Schmidt Lake 3 Bedroom Apartments | $2,693 | $1,574 | $3,100 |
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 24 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 Estates priced from $979. Oakdale Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. 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 |
| Oakdale Apartments | The Cedar | Studio,1BA | $995 |
| 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 | 5450-302 | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Schmidt Lake, MN
As of January 15, 2026 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 B7 Model at Avana Southview starting at $1,641 with a $1.44 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. |
|---|---|---|---|
| 5721 Brent Ave | 5729 | 3BR,4BA | $0.78 |
| Avana Southview | B7 | 2BR,2BA | $1.44 |
| Waterford Green Apartments & Townhomes | Ingemar | 2BR,2BA | $1.41 |
| Southview Greens | 2BR/1BA | 2BR,1BA | $1.34 |
| Allen Avenue | 2 Bedroom - Remodeled | 2BR,1BA | $1.51 |
| Charlton Terrace | 2 Bedroom 1 Bath | 2BR,1BA | $1.36 |
| Charlton Park | Renovated 1 Bed 1 Bath | 1BR,1BA | $1.53 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.57 |
| Charlton Place | Renovated 1 Bedroom | 1BR,1BA | $1.60 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 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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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 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.
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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 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 $1,265.
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 14 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 $125 which is $2,975 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.
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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.
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Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
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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!