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$1,3002 Bedroom Apartments Available Now
410 W Lyon Ave, Unit 410
410 W Lyon AveLake City, MN 55041
Cheap Apartments for Rent in Lake City, MN from $700 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.
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1 to 2 Bedroom Apartments
Lake Pepin
221 N Franklin StLake City, MN 55041
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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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Rent Specials
$989 - $1,524
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Apr 24Total 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
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$1,025 - $2,095
Plus Fees
1 Bedroom Apartments Available NowBoxrud Flats
419 Main StRed Wing, MN 55066
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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
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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$1,045 - $1,745
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,045 - $1,745
Total Monthly Price
$1,045 - $1,745
Essex Place
937 41st St NWRochester, MN 55901
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$1,050
Plus Fees
2 Bedroom Apartments Available Aug 1Green Arbor Commons
1820-1858 37th St NWRochester, MN 55901
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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 - $2,210
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Place Plaza
520 Tyler Rd SRed Wing, MN 55066
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$1,060 - $1,680
Plus Fees
Studio to 2 Bedroom Apartments Available NowForte Living of Rochester: 55+ Community!
3955 Superior DrRochester, MN 55901
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$1,085 - $1,710
Total Monthly Price
Studio to 1 Bedroom Apartments Available May 22Total 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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$1,095 - $1,590
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available Apr 30Total Monthly Price
Base Rent
$1,045 - $1,540
Required Monthly Fees
$50
Total Monthly Price
$1,095 - $1,590
Winchester Apartments & Townhomes
3908 19th Ave NWRochester, MN 55901
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$1,099 - $1,699
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRochester Heights
1515 41st 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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$1,125 - $1,665
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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$1,130 - $1,595
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available May 10Total Monthly Price
Base Rent
$1,050 - $1,515
Required Monthly Fees
$80
Total Monthly Price
$1,130 - $1,595
Olympik Village Apartments
402 31st StRochester, MN 55906
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$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
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$1,300 - $1,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCrown Apartments
2850-2852 59th St NWRochester, MN 55901
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$1,300 - $1,660
Plus Fees
1 to 2 Bedroom Apartments Available NowTown Center Apartments
300 West AveZumbrota, MN 55992
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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 - $2,665
Plus Fees
Studio to 2 Bedroom Apartments Available NowVue North Apartments
6470 37th Ave NWRochester, MN 55901
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$1,341 - $2,022
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,330 - $2,011
Required Monthly Fees
Varies
Total Monthly Price
Varies
Sunset Trail Apartment Homes
3639 41st 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.
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Rent Specials
$1,374 - $2,074
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,299 - $1,999
Required Monthly Fees
$75
Total Monthly Price
$1,374 - $2,074
Songhill41- Rent Specials
3345 41st St 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 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
28 6th Ave SE
RochesterMN55904
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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
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.
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1 to 2 Bedroom Apartments
Crossing Meadows
739-819 Lucas LnEllsworth, WI 54011
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1 to 2 Bedroom Apartments
Nue 52
6717 Gaillardia Dr NWRochester, MN 55901
120-9-1/2 9 1/2 St SE
RochesterMN55904
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2 to 3 Bedroom Apartments
Dakota Townhomes
5041 Weatherstone Cir NWRochester, MN 55901
607 11th Ave NE
RochesterMN55906
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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1 to 2 Bedroom Apartments
The Bank
222 Bush StRed Wing, MN 55066
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.
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2 Bedroom Apartments
Northern Valley Apartments
2826-2908 Northern Valley DrRochester, MN 55906
20 Mayo Park Dr SE
RochesterMN55904
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2 to 3 Bedroom Apartments
Oakwood Meadows
3611 NW 85th StOronoco, MN 55960
725 7th St NW
RochesterMN55901
Showing Results 1-44, 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 | $1,170 | $1,030 | $1,710 |
| Lake City 1 Bedroom Apartments | $1,410 | $775 | $2,095 |
| Lake City 2 Bedroom Apartments | $1,703 | $825 | $3,000 |
| Lake City 3 Bedroom Apartments | $1,659 | $1,195 | $2,713 |
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
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- 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. Great River Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $993. 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 |
| Great River Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $993 |
| Boxrud Flats | All Floorplans | 1BR,1BA | $1,025 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $1,045 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,099 |
| Forte Living of Rochester: 55+ Community! | Blue Jay | Studio,1BA | $1,221 |
| Carty Family Apartments | 2-Bed Apartment | 2BR,1BA | $1,260 |
| Town Center Apartments | B2 | 1BR,1BA | $1,300 |
| Songhill41- Rent Specials | Blue Jay | 1BR,1BA | $1,374 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of April 10, 2026 the best value apartment in the Lake City area is the $1.19 price per square foot 3 Bedroom Model at River Glen in the in the North Rochester neighborhood starting from $1,665. The second greatest value Lake City apartment is the 3 Bedroom Model at Georgetowne Homes starting at $1,620 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 Bedroom | 3BR,2BA | $1.19 |
| Georgetowne Homes | 3 Bedroom | 3BR,2BA | $1.19 |
| 301 Main Street South | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.60 |
| Crown Apartments | 2 Bed 1 Bath Small-Top Floor | 2BR,1BA | $1.62 |
| Park Place Apartments | E | 1BR,1BA | $1.74 |
| Carty Family Apartments | 2-Bed Apartment | 2BR,1BA | $1.61 |
| Town Center Apartments | B2 | 1BR,1BA | $1.72 |
| Great River Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.34 |
| Essex Place | One Bedroom - Canary | 1BR,1BA | $1.53 |
| RIVERS EDGE RESIDENCES | 1 BED 1 BATH | 1BR,1BA | $1.14 |
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.
Read Article
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 ArticleThe 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.
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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 $1,195.
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
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.
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.