Cheap Apartments for Rent in Lake Benton, MN from $300 (57 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Benton.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Block 100
$1,095 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,500
Required Monthly Fees
$95
Total Monthly Price
$1,095 - $1,595
1 to 2 Bedroom Apartments Available Now

Block 100

103 W Lyon StMarshall, MN 56258
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Lyon County Apartments
Studio to 1 Bedroom Apartments

Lyon County Apartments

200 S 4th StMarshall, MN 56258
Senior Living
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Westside Apartments
1 to 2 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
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Woodland Park - Ivanhoe
1 to 2 Bedroom Apartments

Woodland Park - Ivanhoe

106 N County Road 5Ivanhoe, MN 56142
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Horizon Apartments
1 to 3 Bedroom Apartments

Horizon Apartments

3520 N 4th AveSioux Falls, SD 57104
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City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
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Turning Leaf
1 to 2 Bedroom Apartments

Turning Leaf

1311 N Cleveland AveSioux Falls, SD 57103
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Westmar Apartments
1 to 2 Bedroom Apartments

Westmar Apartments

1002-1003 Pearl AveMarshall, MN 56258
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Eagle Creek Apartments
Studio to 3 Bedroom Apartments

Eagle Creek Apartments

106 S Sandstone AveBrandon, SD 57005
Corporate Housing
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Briarwood Estates
1 to 3 Bedroom Apartments

Briarwood Estates

1001 Pearl AveMarshall, MN 56258

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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Showing Results 1-50, Page 1 of 2

Lake Benton, MN Local Guide

Cheapest Available Lake Benton Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Benton, MN is a 1 Bed unit found at Onaka Village in the Downtown Brookings neighborhood priced from $575. Ridgeview Place Apartments in the Mystic Meadows neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $599. Here is today’s list of the most affordable Lake Benton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Onaka Village1BR/1BA1BR,1BA$575
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
Egan Avenue ResidenceBedroom C1BR,1BA$645
Turning LeafBeautiful Beginnings at Turning Leaf: 1 Bedroom...1BR,1BA$699
Grand Teton Estates Apartments1BR/1.0BA1BR,1BA$775
Suite Liv'n - MarshallOne Bedroom1BR,1BA$775
Hoppe Properties626 #103 and #105 - 2 BD, 2 BA2BR,2BA$849
Foss Fields AscentThe Willow1BR,1BA$855
University Hills VillageK# Unit - Studio/1 BA - Non-SmokingStudio,1BA$875
Nexus Apartments233 - TIF - Studio AStudio,1BA$895

Best Value Apartments for Rent in Lake Benton, MN and Nearby

As of July 27, 2026 the best value apartment in the Lake Benton area is the $1.07 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $1,965. The second greatest value Lake Benton apartment is the 3 Bedroom Model at Lake Area Townhomes starting at $1,535 with a $0.99 price per square foot . Here is today’s list of the best values for Lake Benton apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Pinnacle Townhomes3 Bedroom 2.5 Bathroom Townhome3BR,2.5BA$1.07
Lake Area Townhomes3 Bedroom3BR,2.5BA$0.99
Paris Park TownhomesTwo Bedroom, Handicap2BR,1.5BA$0.85
Campus View4 Bed + 2 Bath4BR,2BA$1.22
Marion Crossing Apartments2 Bed 1 Bath Apartment2BR,1BA$0.98
100 W 10th St2x1.52BR,1.5BA$1.09
Bentley Park1 Bedroom 1 Bathroom Upper Level1BR,1BA$1.09
Parkview Apartments and Townhomes2 bedroom apartment2BR,1BA$1.20
Onaka Village1BR/1BA1BR,1BA$0.92
Turning LeafBeautiful Beginnings at Turning Leaf: 1 Bedroom...1BR,1BA$1.17

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Lake Benton, MN Rentals by Map

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Frequently Asked Questions about Cheap Lake Benton Apartments

What is the Cheapest Studio apartment in Lake Benton?

Currently the most affordable Cheap Studio Apartment in Lake Benton is at Ridgeview Place Apartments listed at $599.

How much is rent for a Cheap One Bedroom Lake Benton Apartment?

The lowest price for a Cheap One Bedroom Lake Benton Apartment is $575 at Onaka Village.

What is the lowest price for a Cheap Two Bedroom Lake Benton Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Benton is starting from $650 at Onaka Village.

What is the most affordable Lake Benton Three Bedroom Apartment?

The best deal on a cheap Lake Benton Three Bedroom Apartment rental is at Hoppe Properties and starts from $999.

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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.