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1 to 2 Bedroom Apartments
Lake Pepin
221 N Franklin StLake City, MN 55041
Cheap Apartments for Rent in Lake City, MN from $775 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.
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2 to 3 Bedroom Apartments
Underwood Terrace
515 N 10th StLake City, MN 55041
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Rent Specials
$775 - $8751 to 2 Bedroom Apartments Available Now
RIVERS EDGE RESIDENCES
302 S Main StAlma, WI 54610
1816 34th St NW
RochesterMN55901
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$9402 Bedroom Apartments Contact Us For Availability
Cottages of Ellsworth
411 W Cairnes StEllsworth, WI 54011
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Rent Specials
$945 - $1,725
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$945 - $1,725
Total Monthly Price
$945 - $1,725
Essex Place
937 41st St NWRochester, MN 55901
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$947 - $1,487
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$940 - $1,480
Required Monthly Fees
$7
Total Monthly Price
$947 - $1,487
The Gates of Rochester
2015 41st St NWRochester, MN 55901
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$1,010 - $1,270
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,005 - $1,265
Required Monthly Fees
$5
Total Monthly Price
$1,010 - $1,270
Olympik Village Apartments
402 31st StRochester, MN 55906
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$1,025 - $1,180
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,020 - $1,175
Required Monthly Fees
$5
Total Monthly Price
$1,025 - $1,180
Winchester Apartments & Townhomes
3908 19th Ave NWRochester, MN 55901
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$1,055 - $1,610
Plus Fees
Studio to 2 Bedroom Apartments Available Sep 4Park Place Apartments
540 Tyler Rd SRed Wing, MN 55066
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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$1,089 - $3,699
Plus Fees
Studio to 3 Bedroom Apartments Available NowForte Living of Rochester: 55+ Community!
3955 Superior DrRochester, MN 55901
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$1,099 - $1,559
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRochester Heights
1515 41st St NWRochester, MN 55901
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$1,100 - $1,925
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Sep 14River Glen
191 Sandbar Ct NERochester, MN 55906
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$1,120 - $1,332
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 1Pleasant Ridge Apartments
2488 Malmquist AveRed Wing, MN 55066
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$1,135 - $1,675
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityBella Grove
4320 Marigold Pl NWRochester, MN 55901
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$1,275
Plus Fees
1 Bedroom Apartments Available Oct 31Town Center Apartments
300 West AveZumbrota, MN 55992
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Rent Specials
$1,295 - $1,520
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $1,520
Total Monthly Price
$1,295 - $1,520
Dakota Townhomes
5041 Weatherstone Cir NWRochester, MN 55901
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$1,306 - $3,000
Total Monthly Price
1 to 2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,169 - $2,863
Required Monthly Fees
$137
Total Monthly Price
$1,306 - $3,000
The Downtown Plaza
434 W 4th StRed Wing, MN 55066
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Rent Specials
$1,340 - $2,640
Plus Fees
Studio to 2 Bedroom Apartments Available NowVue North Apartments
6470 37th Ave NWRochester, MN 55901
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$1,350 - $1,569
Plus Fees
1 to 3 Bedroom Apartments Available NowHarvestview Place II
5340 NW 56th StRochester, MN 55901
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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$1,355 - $1,860
Total Monthly Price
Studio to 1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,295 - $1,800
Required Monthly Fees
$60
Total Monthly Price
$1,355 - $1,860
Avanti
314 W 4th StRed Wing, MN 55066
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Rent Specials
$1,370 - $1,795
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,370 - $1,795
Total Monthly Price
$1,370 - $1,795
Georgetowne Homes
2670 Georgetowne Pl NWRochester, MN 55901
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Rent Specials
$1,400 - $1,500
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCrown Apartments
2850-2852 59th St NWRochester, MN 55901
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$1,425 - $1,525
Plus Fees
2 to 3 Bedroom Apartments Available Sep 9Ridgeway Estates Townhomes
501 Ridgeway Ln NEPine Island, MN 55963
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Rent Specials
$1,468 - $3,564
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,395 - $3,491
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Lodge at Overland
6635 Lodge View Rd NWRochester, MN 55901
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Rent Specials
$1,475 - $1,800
Plus Fees
1 to 2 Bedroom Apartments Available NowKascade Place Apartments
6520 Clarkia Dr NWRochester, MN 55901
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$1,485 - $1,915
Plus Fees
1 to 3 Bedroom Apartments Available NowOverland Reserve
6400 Bandel CtRochester, MN 55901
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$1,500 - $1,700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For Availability301 Main Street South
301 S Main StPine Island, MN 55963
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$1,511 - $2,327
Total Monthly Price
1 to 3 Bedroom Apartments Available Sep 21Total Monthly Price
Base Rent
$1,500 - $2,316
Required Monthly Fees
$11
Total Monthly Price
$1,511 - $2,327
Sunset Trail Apartment Homes
3639 41st St NWRochester, MN 55901
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$1,516 - $1,899
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,441 - $1,824
Required Monthly Fees
$75
Total Monthly Price
$1,516 - $1,899
Songhill41- Rent Specials
3345 41st St NWRochester, MN 55901
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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$1,525 - $1,855
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,470 - $1,800
Required Monthly Fees
$55
Total Monthly Price
$1,525 - $1,855
The Bank - Red Wing
222 Bush StRed Wing, MN 55066
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$1,590 - $1,915
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available Aug 31French Creek Townhomes
2134 Chardonnay Ln NWRochester, MN 55901
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1 to 3 Bedroom Apartments
Trailside Acres 1
211-215 Sargent DrRed Wing, MN 55066
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1 to 2 Bedroom Apartments
City Centre Apartments
300 1st Ave SEPine Island, MN 55963
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1 to 3 Bedroom Apartments
Malmquist Estates
2622 Malmquist AveRed Wing, MN 55066
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1 to 2 Bedroom Apartments
Crossing Meadows
739-819 Lucas LnEllsworth, WI 54011
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1 Bedroom Apartments
Dunn County
2634 460th StMenomonie, WI 54751
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1 to 3 Bedroom Apartments
Great River Apartments
N1000 County Road CCPepin, WI 54759
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1 to 2 Bedroom Apartments
Colonial Apartments
417-423 27th St NERochester, MN 55906
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2 to 3 Bedroom Apartments
Eagle Ridge Apartments
582 Tyler Rd SRed Wing, MN 55066
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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1 to 2 Bedroom Apartments
Green Arbor Commons
1820-1858 37th St NWRochester, MN 55901
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1 to 2 Bedroom Apartments
Nue 52
6717 Gaillardia Dr NWRochester, MN 55901
1872 Deerhaven Ln NE
RochesterMN55906
2312 Valleyhigh Dr NW
RochesterMN55901
3613 10th Ln NW
RochesterMN55901
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3 Bedroom Apartments
Pheasant Run Townhomes
277 Frenn AveRed Wing, MN 55066
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2 Bedroom Apartments
Carty Family Apartments
2721-2801 56th St NWRochester, MN 55901
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2 Bedroom Apartments
Northern Valley Apartments
2826-2908 Northern Valley DrRochester, MN 55906
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Studio to 2 Bedroom Apartments
Boxrud Flats
419 Main StRed Wing, MN 55066
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2 to 3 Bedroom Apartments
Oakwood Meadows
3611 NW 85th StOronoco, MN 55960
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.
Showing Results 1-50, Page 1 of 2
Lake City, MN Local Guide
Train by the river by Jerry Huddleston is licensed under CC BY 2.0
How much does it cost to rent an apartment in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City Studio Apartments | $1,470 | $1,055 | $1,629 |
| Lake City 1 Bedroom Apartments | $1,626 | $775 | $2,199 |
| Lake City 2 Bedroom Apartments | $1,865 | $825 | $3,399 |
| Lake City 3 Bedroom Apartments | $1,744 | $1,070 | $3,699 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Lake City
See all Apartments in Lake CityExplore Lake City
Lake City, MN Local Guide
- Nearby Cities
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Cheapest Available Lake City Apartments for Rent and Nearby
The cheapest available apartment rental in Lake City, MN is a 1 Bed unit found at RIVERS EDGE RESIDENCES priced from $775. Dunn County has the second lowest priced unit, which is a 1 Bed apartment currently listed from $836. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| RIVERS EDGE RESIDENCES | 1 BED 1 BATH | 1BR,1BA | $775 |
| Dunn County | One Bedroom | 1BR,1BA | $836 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $945 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $1,010 |
| Winchester Apartments & Townhomes | OHara | 1BR,1BA | $1,025 |
| The Gates of Rochester | Dartmouth | 2BR,1BA | $1,072 |
| Forte Living of Rochester: 55+ Community! | Forte II- Blue Jay | Studio,1BA | $1,089 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,099 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1,295 |
| Boxrud Flats | One Bedroom | 1BR,1BA | $1,315 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of August 24, 2026 the best value apartment in the Lake City area is the $1.15 price per square foot 2 Bedroom Income Restricted Model at Georgetowne Homes in the in the Northwest Rochester neighborhood starting from $1,370. The second greatest value Lake City apartment is the Three Bedroom - Loon Model at Essex Place starting at $1,570 with a $1.37 price per square foot in the Northwest Rochester neighborhood. Here is today’s list of the best values for Lake City apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Georgetowne Homes | 2 Bedroom Income Restricted | 2BR,2BA | $1.15 |
| Essex Place | Three Bedroom - Loon | 3BR,2BA | $1.37 |
| Haven Apartments | 2 X 1 | 2BR,1BA | $1.53 |
| 301 Main Street South | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.60 |
| Harvestview Place II | 2 Bedroom | 2BR,2BA | $1.40 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.35 |
| The Gates of Rochester | Dartmouth | 2BR,1.5BA | $1.23 |
| Winchester Apartments & Townhomes | OHara | 1BR,1BA | $1.46 |
| Olympik Village Apartments | Zeus | 1BR,1BA | $1.44 |
| RIVERS EDGE RESIDENCES | 1 BED 1 BATH | 1BR,1BA | $1.14 |
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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See the most popular apartments and homes in Lake City, MN
Frequently Asked Questions about Cheap Lake City Apartments
How much is rent for a Cheap One Bedroom Lake City Apartment?
The lowest price for a Cheap One Bedroom Lake City Apartment is $775 at RIVERS EDGE RESIDENCES.
What is the lowest price for a Cheap Two Bedroom Lake City Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake City is starting from $825 at RIVERS EDGE RESIDENCES.
What is the most affordable Lake City Three Bedroom Apartment?
The best deal on a cheap Lake City Three Bedroom Apartment rental is at Essex Place and starts from $1,070.
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
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.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
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.