111 8th Ave SE
RochesterMN55904
Cheap Homes for Rent in Lake City, MN from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Lake City.
311 Division St
MillvilleMN55957
2114 Valleyhigh Dr NW
RochesterMN55901
1107 5th Ave NW
RochesterMN55901
120 11th St NW
RochesterMN55901
535 19th St NW
RochesterMN55901
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.
3037 Venice Ln NW
RochesterMN55901
10 8th St NE
RochesterMN55906
3422 19th Ave NW
RochesterMN55901
1610 4th St NE
RochesterMN55906
752 McSorley St
Red WingMN55066
752 McSorley St
Red WingMN55066
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.
Showing Results 1-12, 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 a home in Lake City?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake City 2 Bedroom Homes for Rent | $1,402 | $1,050 | $1,650 |
| Lake City 3 Bedroom Homes for Rent | $2,073 | $1,050 | $3,440 |
| Lake City 4 Bedroom Homes for Rent | $2,261 | $1,800 | $3,000 |
| Lake City 5 Bedroom Homes for Rent | $2,360 | $1,950 | $2,850 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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 The Gates of Rochester in the Northwest Rochester neighborhood priced from $984. Forte Living of Rochester: 55+ Community! in the Northwest Rochester neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,001. 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 | $984 |
| Forte Living of Rochester: 55+ Community! | Blue Jay | Studio,1BA | $1,001 |
| Winchester Apartments & Townhomes | OHara | 1BR,1BA | $1,035 |
| Rochester Heights | 1 Bedroom B | 1BR,1BA | $1,049 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1,050 |
Best Value Apartments for Rent in Lake City, MN and Nearby
As of November 14, 2025 the best value apartment in the Lake City area is the $1.32 price per square foot 3 Bedroom Model at Georgetowne Homes in the in the Northwest Rochester neighborhood starting from $1,795. The second greatest value Lake City apartment is the Apollo Model at Olympik Village Apartments starting at $1,365 with a $1.19 price per square foot in the North 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 | $1.32 |
| Olympik Village Apartments | Apollo | 3BR,2BA | $1.19 |
| French Creek Townhomes | Willow Townhome | 2BR,1.5BA | $1.40 |
| Green Arbor Commons | 2 Beds, 1 bath | 2BR,1BA | $1.05 |
| 301 Main Street South | 2 Bedrooms, 2 Bathrooms | 2BR,2BA | $1.60 |
| Dakota Townhomes | Two Bedroom | 2BR,1BA | $1.35 |
| Crown Apartments | 2 Bed 1 Bath Small-Top Floor | 2BR,1BA | $1.56 |
| Essex Place | One Bedroom - Finch | 1BR,1BA | $1.60 |
| The Gates of Rochester | Carlyle | 1BR,1BA | $1.39 |
| Winchester Apartments & Townhomes | OHara | 1BR,1BA | $1.48 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleQuick Rent Budget Calculator
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See the most popular apartments and homes in Lake City, MN
Frequently Asked Questions about Lake City
What type of rentals are currently available in Lake City?
There are currently 47 Apartments for Rent in Lake City, MN with pricing that ranges from $940 to $2,665. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake City ranging from $1,050 to $3,440.
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 $1,050 to $3,440 with an average monthly rent of $1,872.
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.
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!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.