Cheap Homes for Rent in Lake Benton, MN from $500 (10 Rentals)

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

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.

property at 820 N Cedar St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

820 N Cedar St

LuverneMN56156
property at 703 N 5th St

$930

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$930

Total Monthly Price
$930

2 Bedroom, 1 Bath Townhome for Rent

Available Now

703 N 5th St

MarshallMN56258

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.

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 2 Beds unit found at RC Square Apartments in the Downtown Marshall neighborhood priced from $625. Horizon Apartments in the Northeast Sioux Falls neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $755. Here is today’s list of the most affordable Lake Benton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
RC Square Apartments2 Bedroom2BR,1BA$625
Horizon ApartmentsTwo Bedroom2BR,1BA$755
Aspen Ridge ReserveStudio ApartmentStudio,1BA$780

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

As of January 05, 2026 the best value apartment in the Lake Benton area is the $0.96 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $1,765. The second greatest value Lake Benton apartment is the 3 Bed Model at Cloverfield Townhomes starting at $2,095 with a $1.16 price per square foot in the Downtown Brookings neighborhood. 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$0.96
Cloverfield Townhomes3 Bed3BR,2.5BA$1.16
110 W 10th StModel B3BR,2BA$1.11
105 Carly Dr2 Bed2BR,1.5BA$1.04
Joslyn Heights Apartments2 Bed 2 Bath Apartment2BR,2BA$1.12
Bentley Park1 Bedroom 1 Bathroom Lower Level1BR,1BA$1.01
RC Square Apartments2 Bedroom2BR,1BA$0.70
The Rock ApartmentsGF: 2 Bed 1 Bath- Premium2BR,1BA$1.07
Horizon ApartmentsTwo Bedroom2BR,1BA$0.93
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$1.11

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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

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Frequently Asked Questions about Lake Benton

What type of rentals are currently available in Lake Benton?

There are currently 61 Apartments for Rent in Lake Benton, MN with pricing that ranges from $399 to $2,760. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Benton ranging from $599 to $3,500.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Benton ranges from $599 to $3,500 with an average monthly rent of $1,617.

How much are larger Three and Four Bedroom Rentals in Lake Benton?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Benton range from $950 to $2,145, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,300. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $1,350.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!