
Cheap Homes for Rent in Lake Benton, MN from $700 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lake Benton.


1301 John Deere Cir

2800 W McClellan St

232 Fremont St S

614 E 6th St
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.

506 N French Ave

605 E 14th St

1308 E 4th St

3034 N Lewis Ave

328 N Blauvelt Ave
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.
Lake Benton, MN Local Guide

How much does it cost to rent a home in Lake Benton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Benton 2 Bedroom Homes for Rent | $1,232 | $950 | $1,495 |
| Lake Benton 3 Bedroom Homes for Rent | $1,441 | $1,195 | $2,000 |
| Lake Benton 4 Bedroom Homes for Rent | $2,325 | $1,695 | $3,595 |
| Lake Benton 5 Bedroom Homes for Rent | $2,997 | $2,000 | $3,995 |
Browse Top Homes for Rent in Lake Benton
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Lake Benton, MN Local Guide
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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. Egan Avenue Residence has the second lowest priced unit, which is a 1 Bed apartment currently listed from $645. Here is today’s list of the most affordable Lake Benton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Place Apartments | 0BR/1.0BA | Studio,1BA | $599 |
| Egan Avenue Residence | Bedroom C | 1BR,1BA | $645 |
| Turning Leaf | Beautiful Beginnings at Turning Leaf: 1 Bedroom... | 1BR,1BA | $699 |
Best Value Apartments for Rent in Lake Benton, MN and Nearby
As of June 09, 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 2 Bedroom Model at Lake Area Townhomes starting at $1,285 with a $1.03 price per square foot . Here is today’s list of the best values for Lake Benton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pinnacle Townhomes | 3 Bedroom 2.5 Bathroom Townhome | 3BR,2.5BA | $1.01 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.03 |
| The Atlas | Upper Level- 3 Bedroom 2 Bathroom | 3BR,2BA | $1.13 |
| Marion Crossing Apartments | 2 Bed 1 Bath Apartment | 2BR,1BA | $1.02 |
| Aspen Ridge Reserve | 3 Bedroom 2 Bathroom Apartment | 3BR,2BA | $1.15 |
| Hoppe Properties | 620 #101 and #102 - 2 BD, 1 BA | 2BR,1BA | $0.86 |
| Joslyn Heights Apartments | 2 Bed 2 Bath Apartment | 2BR,2BA | $1.17 |
| Bentley Park | 1 Bedroom 1 Bathroom Lower Level | 1BR,1BA | $1.08 |
| Benson Village Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.18 |
| Turning Leaf | Beautiful 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.
Read ArticleReal 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.
Read ArticleQuick 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.
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 72 Apartments for Rent in Lake Benton, MN with pricing that ranges from $599 to $2,910. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Benton ranging from $725 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 $725 to $3,995 with an average monthly rent of $1,586.
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 $999 to $2,492, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,695 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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.