Cheap Homes for Rent in Schmidt Lake Neighborhood of Inver Grove Heights, MN from $2,000 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Schmidt Lake area of Inver Grove Heights.

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property at 141 4th Ave S

141 4th Ave S

South St. PaulMN55075

Cheapest Available Schmidt Lake Apartments for Rent

 

The cheapest available apartment rental in the Schmidt Lake area of Minneapolis, MN is a 1 Bed unit found at Covington Court priced from $980. Westview Park Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,015. Here are the most affordable Schmidt Lake apartments for rent in Minneapolis, MN:

Apartment ListingModel NameBed/BathPriced From
Covington CourtOne Bedroom 11C1BR,1BA$980
Westview Park CommunityRedbrick Courts - 1br1BR,1BA$1,015
Charlton Terrace1 Bedroom 1 Bath1BR,1BA$1,049

Best Value Apartments for Rent in Schmidt Lake, MN

As of September 08, 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 C1S-60 Model at The Winslow 62+ Apartments starting at $1,696 with a $1.65 price per square foot in the Moreland neighborhood. Here is today’s list of the best values for Schmidt Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5721 Brent Ave57293BR,4BA$0.78
The Winslow 62+ ApartmentsC1S-602BR,2BA$1.65
Allen Avenue2 Bedroom - Remodeled2BR,1BA$1.41
Stoneridge Apts-20602B/1B1BR,1BA$1.64
Charlton ParkRenovated 1 Bed 1 Bath1BR,1BA$1.41
Bellows CourtRenovated 1 Bedroom 1 Bath1BR,1BA$1.42
Charlton PlaceRenovated 1 Bedroom1BR,1BA$1.50
Charlton EstatesRenovated 1 Bedroom 1 Bath1BR,1BA$1.64
PEARLWOOD ESTATESOpen living space + spacious master & vaulted c...1BR,1BA$1.56
Westview Park CommunityRedbrick Courts - 1br1BR,1BA$1.45

Frequently Asked Questions about Schmidt Lake

What type of rentals are currently available in Schmidt Lake?

There are currently 110 Apartments for Rent in Schmidt Lake, MN with pricing that ranges from $900 to $9,557. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schmidt Lake ranging from $2,080 to $4,513.

What is the current price range for Rental Homes in Schmidt Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Schmidt Lake ranges from $2,080 to $4,513 with an average monthly rent of $3,000.

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.

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