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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 $600 (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
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$9402 Bedroom Apartments Contact Us For Availability
Cottages of Ellsworth
411 W Cairnes StEllsworth, WI 54011
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$970 - $1,720
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$970 - $1,720
Total Monthly Price
$970 - $1,720
Essex Place
937 41st St NWRochester, MN 55901
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$999 - $1,539
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$940 - $1,480
Required Monthly Fees
$59
Total Monthly Price
$999 - $1,539
The Gates of Rochester
2015 41st St NWRochester, MN 55901
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$1,006 - $1,675
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 7Bella Grove
4320 Marigold Pl NWRochester, MN 55901
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$1,030 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Place Apartments
540 Tyler Rd SRed Wing, MN 55066
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$1,050 - $1,900
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiver Glen
191 Sandbar Ct NERochester, MN 55906
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$1,055 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Place Plaza
520 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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$1,085 - $1,710
Total Monthly Price
Studio Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,025 - $1,650
Required Monthly Fees
$60
Total Monthly Price
$1,085 - $1,710
Avanti
314 W 4th StRed Wing, MN 55066
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$1,085 - $1,210
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,005 - $1,130
Required Monthly Fees
$80
Total Monthly Price
$1,085 - $1,210
Olympik Village Apartments
402 31st StRochester, MN 55906
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$1,105 - $1,625
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Jun 11Total Monthly Price
Base Rent
$1,055 - $1,575
Required Monthly Fees
$50
Total Monthly Price
$1,105 - $1,625
Winchester Apartments & Townhomes
3908 19th Ave NWRochester, MN 55901
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Rent Specials
$1,129 - $1,699
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRochester Heights
1515 41st St NWRochester, MN 55901
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$1,185 - $2,645
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,130 - $2,590
Required Monthly Fees
$55
Total Monthly Price
$1,185 - $2,645
The Bank
222 Bush StRed Wing, MN 55066
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$1,221 - $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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$1,260 - $1,699
Plus Fees
1 Bedroom Apartments Available NowBoxrud Flats
419 Main StRed Wing, MN 55066
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$1,290 - $1,495
Plus Fees
1 to 3 Bedroom Apartments Available May 31Harvestview Place II
5340 NW 56th StRochester, MN 55901
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$1,299
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Jun 8Northern Valley Apartments
2826-2908 Northern Valley DrRochester, MN 55906
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$1,300 - $1,600
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowCrown Apartments
2850-2852 59th St NWRochester, MN 55901
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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$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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$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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$1,345 - $1,899
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,270 - $1,824
Required Monthly Fees
$75
Total Monthly Price
$1,345 - $1,899
Songhill41- Rent Specials
3345 41st St NWRochester, MN 55901
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$1,370 - $1,495
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available Jun 7Total Monthly Price
Base Rent
$1,370 - $1,495
Total Monthly Price
$1,370 - $1,495
Dakota Townhomes
5041 Weatherstone Cir NWRochester, MN 55901
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$1,400
Plus Fees
1 Bedroom Apartments Available Jul 7Town Center Apartments
300 West AveZumbrota, MN 55992
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$1,420 - $1,795
Total Monthly Price12 Month Lease Term
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,420 - $1,795
Total Monthly Price
$1,420 - $1,795
Georgetowne Homes
2670 Georgetowne Pl NWRochester, MN 55901
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$1,425 - $1,525
Plus Fees
2 to 3 Bedroom Apartments Contact Us For AvailabilityRidgeway Estates Townhomes
501 Ridgeway Ln NEPine Island, MN 55963
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$1,500 - $1,700
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available Now301 Main Street South
301 S Main StPine Island, MN 55963
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1 to 3 Bedroom Apartments
Trailside Acres 1
211-215 Sargent DrRed Wing, MN 55066
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1 Bedroom Apartments
Dunn County
2634 460th StMenomonie, WI 54751
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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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
559-599 N Maple St
EllsworthWI54011
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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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1 to 2 Bedroom Apartments
Pleasant Ridge Apartments
2488 Malmquist AveRed Wing, MN 55066
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2 to 3 Bedroom Apartments
Eagle Ridge Apartments
582 Tyler Rd SRed Wing, MN 55066
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1 to 2 Bedroom Apartments
Green Arbor Commons
1820-1858 37th St NWRochester, MN 55901
28 6th Ave SE
RochesterMN55904
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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1 to 2 Bedroom Apartments
Nue 52
6717 Gaillardia Dr NWRochester, MN 55901
3607 10th Ln NW
RochesterMN55901
2120 Valleyhigh Dr NW
RochesterMN55901
366 Elton Hills Dr 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
4718 13th Ave NW
RochesterMN55901
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2 to 3 Bedroom Apartments
Oakwood Meadows
3611 NW 85th StOronoco, MN 55960
2959 Monroe Dr NW
RochesterMN55901
710 W 4th St
Red WingMN55066
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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 | $1,412 | $1,030 | $1,629 |
| Lake City 1 Bedroom Apartments | $1,544 | $775 | $2,070 |
| Lake City 2 Bedroom Apartments | $1,899 | $825 | $3,399 |
| Lake City 3 Bedroom Apartments | $1,839 | $1,195 | $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 | $970 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Avanti | Studio A | Studio,1BA | $1,085 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,129 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1,170 |
| The Bank | 1 Bedroom | 1BR,1BA | $1,185 |
| Forte Living of Rochester: 55+ Community! | Forte II- Blue Jay | Studio,1BA | $1,221 |
| Boxrud Flats | One Bedroom | 1BR,1BA | $1,260 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of May 25, 2026 the best value apartment in the Lake City area is the $1.19 price per square foot 3 x 2 Model at River Glen in the in the North Rochester neighborhood starting from $1,665. The second greatest value Lake City apartment is the 2 Bedroom Model at Georgetowne Homes starting at $1,420 with a $1.19 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. |
|---|---|---|---|
| River Glen | 3 x 2 | 3BR,2BA | $1.19 |
| Georgetowne Homes | 2 Bedroom | 2BR,2BA | $1.19 |
| Park Place Apartments | B - View | 2BR,2BA | $1.49 |
| 301 Main Street South | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.60 |
| The Gates of Rochester | Fitzgerald | 3BR,2BA | $1.34 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.45 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.34 |
| Essex Place | One Bedroom - Canary | 1BR,1BA | $1.56 |
| RIVERS EDGE RESIDENCES | 1 BED 1 BATH | 1BR,1BA | $1.14 |
| Dunn County | One Bedroom | 1BR,1BA | $1.67 |
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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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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See the most popular apartments and homes in Lake City, MN
Frequently Asked Questions about Cheap Lake City Apartments
What is the Cheapest Studio apartment in Lake City?
Currently the most affordable Cheap Studio Apartment in Lake City is at Park Place Plaza listed at $1,055.
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 $1,270.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.
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.