1042 6th Ave S
South St. PaulMN55075
Cheap Homes for Rent in Schmidt Lake Neighborhood of Inver Grove Heights, MN from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Schmidt Lake area of Inver Grove Heights.
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$1,200
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1 Bedroom Apartments Available Nov 1136 11th Ave N
136 11th Ave NSouth St. Paul, MN 55075
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
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1042 6th Ave S
South St. PaulMN55075
8829 Branson Dr
Inver Grove HeightsMN55076
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.
8829 Branson Dr
Inver Grove HeightsMN55076
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Schmidt Lake, Inver Grove Heights, MN Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in Schmidt Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Schmidt Lake 2 Bedroom Homes for Rent | $2,051 | $1,799 | $2,413 |
| Schmidt Lake 3 Bedroom Homes for Rent | $2,394 | $1,500 | $3,288 |
| Schmidt Lake 4 Bedroom Homes for Rent | $3,151 | $2,350 | $3,953 |
| Schmidt Lake 5 Bedroom Homes for Rent | $3,656 | $2,800 | $4,513 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Schmidt Lake Neighborhood of Inver Grove Heights, MN.
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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 1 Bed unit found at Westview Park Community priced from $1,040. PEARLWOOD ESTATES has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,110. Here are the most affordable Schmidt Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 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 | 5385-301 | 1BR,1BA | $1,129 |
Best Value Apartments for Rent in Schmidt Lake, MN
As of October 29, 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 |
| Charlton Park | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.39 |
| Blackberry Pointe Apartments | C Style - Section 42 | 2BR,2BA | $1.64 |
| 227 14th Ave S, Unit 2 | 227 14th Ave S | 2BR,1BA | $1.40 |
| Allen Avenue | 1 Bedroom + Den | 1BR,1BA | $1.25 |
| Charlton Terrace | Renovated 2 Bedroom (garden lv) | 2BR,1BA | $1.40 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.57 |
| Bellows Court | Renovated 1 Bedroom 1 Bath | 1BR,1BA | $1.54 |
| PEARLWOOD ESTATES | Open living space + spacious master & vaulted c... | 1BR,1BA | $1.57 |
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 $5,533. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schmidt Lake ranging from $1,000 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 $1,000 to $4,513 with an average monthly rent of $2,450.
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.