617 2nd Ave S
South St. PaulMN55075
Cheap Homes for Rent in Schmidt Lake Neighborhood of Inver Grove Heights, MN from $800 (5 Rentals)
Cheap Homes in the Schmidt Lake area of Inver Grove Heights.
326 1st Ave S
South St. PaulMN55075
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
238 MacArthur St E
South St. PaulMN55075
132 W Warburton St
South St. PaulMN55075
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
221 Grand Ave W, Unit 114
221 Grand Ave W
South St. PaulMN55075
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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 | $1,696 | $1,225 | $2,413 |
| Schmidt Lake 3 Bedroom Homes for Rent | $2,627 | $2,295 | $3,288 |
| Schmidt Lake 4 Bedroom Homes for Rent | $3,953 | $3,953 | $3,953 |
| Schmidt Lake 5 Bedroom Homes for Rent | $4,513 | $4,513 | $4,513 |
Browse Homes for Rent in this Neighborhood
There are currently 5 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 Studio unit found at Holiday Acres Apartments priced from $1,000. Westview Park Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,005. Here are the most affordable Schmidt Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holiday Acres Apartments | Studio 338 | Studio,1BA | $1,000 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1,005 |
| Covington Court | One Bedroom 11C | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Schmidt Lake, MN
As of May 04, 2025 the best value apartment in the Schmidt Lake area is the $1.37 price per square foot 2B/2B Model at The Mendota-2050 in the in the Cahill Corridor neighborhood starting from $1,675. The second greatest value Schmidt Lake apartment is the 2B/2B Model at Stoneridge Apts-2060 starting at $1,650 with a $1.39 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. |
|---|---|---|---|
| The Mendota-2050 | 2B/2B | 2BR,2BA | $1.37 |
| Stoneridge Apts-2060 | 2B/2B | 2BR,2BA | $1.39 |
| Bellows Court | Renovated 2 bedroom 1 bath | 2BR,1BA | $1.34 |
| Chateau Carmel | Burgundy | 2BR,1BA | $1.48 |
| Parkview Manor | Front Penthouse | 2BR,1BA | $1.51 |
| PEARLWOOD ESTATES | Spacious kitchen & walk-in closet | 2BR,2BA | $1.45 |
| Charlton Park | Renovated 1 Bed 1 Bath | 1BR,1BA | $1.46 |
| Clark Place Apartments-Affordable Housing | 2 bed/1 bath | 2BR,1BA | $1.45 |
| Charlton Place | Renovated 1 Bedroom | 1BR,1BA | $1.52 |
| Westview Park Community | Westview Gardens - 1br | 1BR,1BA | $1.46 |
Frequently Asked Questions about Schmidt Lake
What type of rentals are currently available in Schmidt Lake?
There are currently 111 Apartments for Rent in Schmidt Lake, MN with pricing that ranges from $845 to $6,682. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schmidt Lake ranging from $850 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 $850 to $4,513 with an average monthly rent of $2,777.
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.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.