826 Marie
South St. PaulMN55075
Cheap Homes for Rent in Schmidt Lake Neighborhood of Inver Grove Heights, MN from $1,100 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Schmidt Lake area of Inver Grove Heights.
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$1,3952 Bedroom Apartments Available Now
347 4th Ave S
347 4th Ave SSouth St. Paul, MN 55075
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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136 15th Ave S
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 | $2,056 | $1,700 | $2,413 |
| Schmidt Lake 3 Bedroom Homes for Rent | $3,288 | $3,288 | $3,288 |
| Schmidt Lake 4 Bedroom Homes for Rent | $2,932 | $2,348 | $3,953 |
| Schmidt Lake 5 Bedroom Homes for Rent | $3,675 | $3,119 | $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 3 rentals with your search options within a 2 mile radius of the Schmidt Lake Neighborhood of Inver Grove Heights, MN.
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Best Value Apartments for Rent in Schmidt Lake, MN
As of January 31, 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 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. |
|---|---|---|---|
| 5721 Brent Ave | 5729 | 3BR,4BA | $0.78 |
| Southview Greens | Large 2BR/2BA | 2BR,2BA | $1.24 |
| Avana Southview | B5 | 2BR,1BA | $1.51 |
| The Winslow 62+ Apartments | C1-60H | 2BR,2BA | $1.56 |
| Allen Avenue | 2 Bedroom - Remodeled | 2BR,1BA | $1.51 |
| Charlton Terrace | Renovated 2 Bedroom 1 Bath | 2BR,1BA | $1.46 |
| Charlton Park | Renovated 1 Bed 1 Bath | 1BR,1BA | $1.53 |
| Westview Park Community | Westview Gardens - 2br | 2BR,1BA | $1.57 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom A | 2BR,1BA | $1.57 |
| 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 113 Apartments for Rent in Schmidt Lake, MN with pricing that ranges from $900 to $5,048. There are also 11 Single Family Homes for rent, Condos, and Townhome rentals currently available in Schmidt Lake ranging from $1,175 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 $1,175 to $4,513 with an average monthly rent of $2,625.
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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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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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.