354 Elton Hills Dr NW
RochesterMN55901
Cheap Homes for Rent in Lake City, MN from $1,000 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
535 W Kinne St
EllsworthWI54011
4049 18th Ave NW
RochesterMN55901
614 Centennial St
Red WingMN55066
1513 4th St NE
RochesterMN55906
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.
4445 Portage St NW
RochesterMN55901
1800 43rd St NW
RochesterMN55901
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.
707 11th Ave NE
RochesterMN55906
287 Frenn Ave
Red WingMN55066
2841 19th Ave NW
RochesterMN55901
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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 a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $1,605 | $1,000 | $2,925 |
| Lake City 3 Bedroom Homes for Rent | $1,865 | $1,300 | $2,175 |
| Lake City 4 Bedroom Homes for Rent | $2,460 | $1,700 | $3,000 |
| Lake City 5 Bedroom Homes for Rent | $3,850 | $3,200 | $4,500 |
Browse Top Homes for Rent in Lake City
Explore Lake City
Lake City, MN Local Guide
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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 River's Edge priced from $750. Great River has the second lowest priced unit, which is a 1 Bed apartment currently listed from $905. Here is today’s list of the most affordable Lake City apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River's Edge | One Bedroom | 1BR,1BA | $750 |
| Great River | 1 Bed, 1 Bath | 1BR,1BA | $905 |
| Cottages of Ellsworth | 2 Bed / 1 Bath | 2BR,1BA | $910 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of August 04, 2025 the best value apartment in the Lake City area is the $1.03 price per square foot 3 Bedroom Model at Georgetowne Homes in the in the Northwest Rochester neighborhood starting from $1,400. The second greatest value Lake City apartment is the Willow Townhome Model at French Creek Townhomes starting at $1,595 with a $1.54 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 | $1.03 |
| French Creek Townhomes | Willow Townhome | 2BR,1.5BA | $1.54 |
| Crown Apartments | 2 Bed 1 Bath Medium | 2BR,1BA | $1.46 |
| 301 Main Street South | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.60 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.26 |
| Cottages of Ellsworth | 2 Bed / 1 Bath | 2BR,1BA | $1.03 |
| Olympik Village Apartments | Athena | 2BR,1.5BA | $1.21 |
| Harvestview Place II | 1 Bedroom | 1BR,1BA | $1.56 |
| River's Edge | One Bedroom | 1BR,1BA | $1.11 |
| Great River | 1 Bed, 1 Bath | 1BR,1BA | $1.51 |
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Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 45 Apartments for Rent in Lake City, MN with pricing that ranges from $603 to $3,841. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $1,000 to $4,500.
What is the current price range for Rental Homes in Lake City?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake City ranges from $1,000 to $4,500 with an average monthly rent of $2,216.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.