close
View Me
1 to 2 Bedroom Apartments
Lake Pepin
221 N Franklin StLake City, MN 55041
Cheap Apartments for Rent in Lake City, MN from $700 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.
close
View Me
2 to 3 Bedroom Apartments
Underwood Terrace
515 N 10th StLake City, MN 55041
close
View Me
$775 - $8751 to 2 Bedroom Apartments Available Now
RIVERS EDGE RESIDENCES
302 S Main StAlma, WI 54610
close
View Me
$821 - $1,267
Total Monthly Price1 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$821 - $1,267
Total Monthly Price
$821 - $1,267
Trailside Acres 1
211-215 Sargent DrRed Wing, MN 55066
close
View Me
$9402 Bedroom Apartments Contact Us For Availability
Cottages of Ellsworth
411 W Cairnes StEllsworth, WI 54011
close
View Me
Rent Specials
$989 - $1,524
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$930 - $1,465
Required Monthly Fees
$59
Total Monthly Price
$989 - $1,524
The Gates of Rochester
2015 41st St NWRochester, MN 55901
close
View Me
Rent Specials
$995 - $1,745
Plus Fees
1 to 3 Bedroom Apartments Available NowEssex Place
937 41st St NWRochester, MN 55901
close
View Me
Rent Specials
$1,040 - $1,325
Plus Fees
Studio to 1 Bedroom Apartments Available NowTown Center Apartments
300 West AveZumbrota, MN 55992
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.
close
View Me
$1,049 - $1,559
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRochester Heights
1515 41st St NWRochester, MN 55901
close
View Me
$1,050
Plus Fees
2 Bedroom Apartments Available May 6Green Arbor Commons
1820-1858 37th St NWRochester, MN 55901
close
View Me
$1,055 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Place Plaza
520 Tyler Rd SRed Wing, MN 55066
close
View Me
Rent Specials
$1,115 - $1,355
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,035 - $1,275
Required Monthly Fees
$80
Total Monthly Price
$1,115 - $1,355
Olympik Village Apartments
402 31st StRochester, MN 55906
close
View Me
$1,125 - $1,665
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityBella Grove
4320 Marigold Pl NWRochester, MN 55901
close
View Me
$1,221 - $2,034
Plus Fees
Studio to 2 Bedroom Apartments Available NowForte Living of Rochester: 55+ Community!
3955 Superior DrRochester, MN 55901
close
View Me
$1,229
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available Mar 1Northern Valley Apartments
2826-2908 Northern Valley DrRochester, MN 55906
close
View Me
$1,260
Total Monthly Price12 Month Lease Term
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250
Required Monthly Fees
$10
Total Monthly Price
$1,260
Carty Family Apartments
2721-2801 56th St NWRochester, MN 55901
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.
close
View Me
Rent Specials
$1,290 - $2,590
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowThe Bank
222 Bush StRed Wing, MN 55066
close
View Me
$1,290
Plus Fees
1 to 3 Bedroom Apartments Available Mar 31Harvestview Place II
5340 NW 56th StRochester, MN 55901
close
View Me
$1,290 - $1,690
Plus Fees
1 to 2 Bedroom Apartments Available NowPark Place Apartments
540 Tyler Rd SRed Wing, MN 55066
close
View Me
Rent Specials
$1,295 - $2,074
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,220 - $1,999
Required Monthly Fees
$75
Total Monthly Price
$1,295 - $2,074
Songhill41- Rent Specials
3345 41st St NWRochester, MN 55901
close
View Me
1 Bedroom Apartments
Dunn County
2634 460th StMenomonie, WI 54751
close
View Me
1 to 3 Bedroom Apartments
Great River Apartments
N1000 County Road CCPepin, WI 54759
close
View Me
1 to 2 Bedroom Apartments
Colonial Apartments
417-423 27th St NERochester, MN 55906
close
View Me
1 to 2 Bedroom Apartments
Pleasant Ridge Apartments
2488 Malmquist AveRed Wing, MN 55066
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.
close
View Me
2 to 3 Bedroom Apartments
Eagle Ridge Apartments
582 Tyler Rd SRed Wing, MN 55066
close
View Me
1 to 2 Bedroom Apartments
Crossing Meadows
739-819 Lucas LnEllsworth, WI 54011
close
View Me
1 to 2 Bedroom Apartments
Nue 52
6717 Gaillardia Dr NWRochester, MN 55901
close
View Me
2 to 3 Bedroom Apartments
Dakota Townhomes
5041 Weatherstone Cir NWRochester, MN 55901
559-599 N Maple St
EllsworthWI54011
1328 East Ave
Red WingMN55066
close
View Me
3 Bedroom Apartments
Pheasant Run Townhomes
277 Frenn AveRed Wing, MN 55066
2011 Viking Dr NW
RochesterMN55901
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Showing Results 1-32, Page 1 of 1
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 | $1,214 | $1,040 | $1,710 |
| Lake City 1 Bedroom Apartments | $1,382 | $775 | $2,070 |
| Lake City 2 Bedroom Apartments | $1,698 | $825 | $2,665 |
| Lake City 3 Bedroom Apartments | $1,673 | $1,195 | $2,545 |
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
- ZIP codes
- Local Counties
- School Districts
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. The Gates of Rochester in the Northwest Rochester neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. 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 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $989 |
| Great River Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $993 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $995 |
| Town Center Apartments | A | Studio,1BA | $1,040 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,049 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Trailside Acres 1 | 2 Beds, 1 bath | 2BR,1BA | $1,071 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1,175 |
| Forte Living of Rochester: 55+ Community! | Starling | Studio,1BA | $1,221 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of February 23, 2026 the best value apartment in the Lake City area is the $1.06 price per square foot 2 X 1 Model at Haven Apartments in the in the Northwest Rochester neighborhood starting from $1,700. The second greatest value Lake City apartment is the 2 Bedroom Model at Georgetowne Homes starting at $1,395 with a $1.17 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. |
|---|---|---|---|
| Haven Apartments | 2 X 1 | 2BR,1BA | $1.06 |
| Georgetowne Homes | 2 Bedroom | 2BR,2BA | $1.17 |
| Olympik Village Apartments | Apollo | 3BR,2BA | $1.13 |
| Nue 52 | 2BD/2BA | 2BR,2BA | $1.26 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.24 |
| Crown Apartments | 2 Bed 1 Bath Small-Top Floor | 2BR,1BA | $1.56 |
| Great River Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.34 |
| Trailside Acres 1 | 2 Beds, 1 bath | 2BR,1BA | $1.48 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.39 |
| 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.
Read Article
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.
Read ArticleCash 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.
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.
Let everyone know!
Do you know the Lake City area?
If you’re an expert on all things Lake City, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake City, MN Rentals by Map
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 Town Center Apartments listed at $1,040.
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 Great River Apartments 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
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.