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Cheap Apartments for Rent in Lake City, MN from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake City.
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$9402 Bedroom Apartments Contact Us For Availability
Cottages of Ellsworth
411 W Cairnes StEllsworth, WI 54011
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$950 - $1,050
Plus Fees
1 to 2 Bedroom Apartments Available NowGreen Arbor Commons
1820-1858 37th St NWRochester, MN 55901
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$975
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityColonial Apartments
417-423 27th St NERochester, MN 55906
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$989 - $1,494
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$930 - $1,435
Required Monthly Fees
$59
Total Monthly Price
$989 - $1,494
The Gates of Rochester
2015 41st St NWRochester, MN 55901
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$1,001 - $2,415
Plus Fees
Studio to 2 Bedroom Apartments Contact Us For AvailabilityForte Living of Rochester: 55+ Community!
3955 Superior DrRochester, 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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$1,049 - $1,559
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRochester Heights
1515 41st St NWRochester, MN 55901
311 Division St
MillvilleMN55957
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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
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Rent Specials
$1,085 - $2,155
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,025 - $2,095
Required Monthly Fees
$60
Total Monthly Price
$1,085 - $2,155
Avanti
314 W 4th StRed Wing, MN 55066
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Rent Specials
$1,110 - $1,575
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,060 - $1,525
Required Monthly Fees
$50
Total Monthly Price
$1,110 - $1,575
Winchester Apartments & Townhomes
3908 19th Ave NWRochester, MN 55901
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$1,110 - $1,690
Plus Fees
Studio to 2 Bedroom Apartments Available NowPark Place Apartments
540 Tyler Rd SRed Wing, MN 55066
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$1,125 - $1,665
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For AvailabilityBella Grove
4320 Marigold Pl 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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$1,140 - $1,380
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,060 - $1,300
Required Monthly Fees
$80
Total Monthly Price
$1,140 - $1,380
Olympik Village Apartments
402 31st StRochester, MN 55906
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$1,175 - $1,425
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowDakota Townhomes
5041 Weatherstone Cir NWRochester, MN 55901
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$1,229
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityNorthern Valley Apartments
2826-2908 Northern Valley DrRochester, MN 55906
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$1,260 - $2,095
Plus Fees
1 to 2 Bedroom Apartments Available NowBoxrud Flats
419 Main StRed Wing, MN 55066
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$1,290 - $2,590
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Bank
222 Bush StRed Wing, MN 55066
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$1,295 - $1,687
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowGeorgetowne Homes
2670 Georgetowne Pl NWRochester, MN 55901
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Rent Specials
$1,300 - $1,340
Plus Fees
1 Bedroom Apartments Available NowTown Center Apartments
300 West AveZumbrota, MN 55992
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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$750 - $1,0001 to 2 Bedroom Apartments Contact Us For Availability
River's Edge
302 S Main StAlma, WI 54610
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1107 5th Ave NW
RochesterMN55901
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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.
111 8th Ave SE
RochesterMN55904
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2011 Viking Dr NW
RochesterMN55901
Showing Results 1-31, 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 | $1,328 | $1,001 | $1,550 |
| Lake City 1 Bedroom Apartments | $1,487 | $750 | $2,070 |
| Lake City 2 Bedroom Apartments | $1,793 | $850 | $2,665 |
| Lake City 3 Bedroom Apartments | $1,663 | $1,380 | $2,475 |
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 The Gates of Rochester in the Northwest Rochester neighborhood priced from $989. 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 |
|---|---|---|---|
| The Gates of Rochester | Carlyle | 1BR,1BA | $989 |
| Great River Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $993 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,049 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1,050 |
| Park Place Plaza | A2 | Studio,1BA | $1,055 |
| Avanti | Studio A | Studio,1BA | $1,085 |
| Park Place Apartments | D - View | Studio,1BA | $1,110 |
| Winchester Apartments & Townhomes | Wilson | 2BR,1BA | $1,110 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1,140 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1,175 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of January 03, 2026 the best value apartment in the Lake City area is the $1.14 price per square foot 3 Bedroom Model at Georgetowne Homes in the in the Northwest Rochester neighborhood starting from $1,550. The second greatest value Lake City apartment is the Pemberton Model at Winchester Apartments & Townhomes starting at $1,500 with a $1.20 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 | 3 Bedroom | 3BR,2BA | $1.14 |
| Winchester Apartments & Townhomes | Pemberton | 3BR,1.5BA | $1.20 |
| Dakota Townhomes | Three Bedroom | 3BR,1.5BA | $1.22 |
| Nue 52 | 2BD/2BA | 2BR,2BA | $1.35 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1.05 |
| 301 Main Street South | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.60 |
| Olympik Village Apartments | Ares | 2BR,1BA | $1.30 |
| Crown Apartments | 2 Bed 1 Bath Small-Top Floor | 2BR,1BA | $1.56 |
| Great River Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $1.34 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.39 |
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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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.
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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 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 $989 at The Gates of Rochester.
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 $993 at Great River Apartments.
What is the most affordable Lake City Three Bedroom Apartment?
The best deal on a cheap Lake City Three Bedroom Apartment rental is at Olympik Village Apartments and starts from $1,380.
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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!