Cheap Homes for Rent in Lake Benton, MN from $700 (17 Rentals)

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

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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property at 412 S Walnut St

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050
Total Monthly Price
$1,050

3 Bedroom, 1 Bath Home for Rent

Available Now

412 S Walnut St

EllsworthMN56129

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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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.

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property at 234 Elmwood Ave

$1,200

3 Bedroom, 1 Bath Townhome for Rent

Available Now

234 Elmwood Ave

Sioux FallsSD57104
Showing Results 1-17, Page 1 of 1

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 Studio unit found at Ridgeview Place Apartments in the Mystic Meadows neighborhood priced from $599. RC Square Apartments in the Downtown Marshall neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $625. Here is today’s list of the most affordable Lake Benton apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview Place Apartments0BR/1.0BAStudio,1BA$599
RC Square Apartments2 Bedroom2BR,1BA$625
Horizon ApartmentsThree Bedroom3BR,2BA$668
Turning LeafBeautiful Beginnings at Turning Leaf. 1 bedroom...1BR,1BA$699
Aspen Ridge ReserveStudio ApartmentStudio,1BA$745

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

As of April 24, 2026 the best value apartment in the Lake Benton area is the $1.01 price per square foot 3 Bedroom 2.5 Bathroom Townhome Model at Pinnacle Townhomes in the in the Northwest Sioux Falls neighborhood starting from $1,865. The second greatest value Lake Benton apartment is the 3x2 Model at 100 W 10th St starting at $1,595 with a $1.00 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$1.01
100 W 10th St3x23BR,2BA$1.00
Lake Area Townhomes3 Bedroom3BR,2.5BA$0.99
Horizon ApartmentsThree Bedroom3BR,2BA$0.59
Bentley Park1 Bedroom 1 Bathroom Upper Level1BR,1BA$1.09
RC Square Apartments2 Bedroom2BR,1BA$0.70
Ridgeview Place Apartments1 Bedroom, 1 Bath Unit1BR,1BA$1.11
Benson Village Townhomes1 Bedroom, 1 Bathroom1BR,1BA$1.18
Marion Crossing Apartments1 Bed 1 Bath Apartment1BR,1BA$1.18
Turning LeafBeautiful Beginnings at Turning Leaf. 1 bedroom...1BR,1BA$1.17

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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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See the most popular apartments and homes in Lake Benton, MN

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Frequently Asked Questions about Lake Benton

What type of rentals are currently available in Lake Benton?

There are currently 70 Apartments for Rent in Lake Benton, MN with pricing that ranges from $399 to $2,910. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Benton ranging from $700 to $3,995.

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 $700 to $3,995 with an average monthly rent of $1,657.

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 $1,150 to $2,465, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,050 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,800 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.