Cheap Apartments for Rent in Lake Park, IA from $400 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lake Park.

property at 114 E 8th St

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600

Total Monthly Price
$600

1 Bedroom, 1 Bath Home for Rent

Available Now

114 E 8th St

FairmontMN56031
property at 2622 Linden Ave

$675

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

2 Bedroom, 1 Bath Townhome for Rent

Available Now

2622 Linden Ave

SlaytonMN56172

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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808 Hills Ave, Unit 1
$675
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675
1 Bedroom Apartment Available Now

808 Hills Ave, Unit 1

808 Hills AveJackson, MN 56143
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property at 808 Hills Ave

$675 - $775

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 To 2 Bedroom Rentals

Available Jan 1, 2026

808 Hills Ave

JacksonMN56143
property at 551 Lakeview Rd

$675

Total Monthly Price

Total Monthly Price

Base Rent
$675

Total Monthly Price
$675

1 Bedroom Rentals

Available Now

551 Lakeview Rd

Heron LakeMN56137
property at 602 E Warren St

$685

Total Monthly Price

Total Monthly Price

Base Rent
$685

Total Monthly Price
$685

1 Bedroom, 1 Bath Home for Rent

Available Now

602 E Warren St

LuverneMN56156
property at 1757 4th Ave

$698

Total Monthly Price

Total Monthly Price

Base Rent
$698

Total Monthly Price
$698

1 Bedroom Rentals

Available Now

1757 4th Ave

WindomMN56101
property at 2107 Nobles St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

2107 Nobles St

WorthingtonMN56187

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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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included

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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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included
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Westside Apartments
1 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
  • Utilities Included
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
  • Utilities Included
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109 E Luverne St
Studio to 3 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
  • Utilities Included
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included

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.

Lake Park, IA Local Guide

Cheapest Available Lake Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Park, IA is a 1 Bed unit found at Dodecagon Plaza priced from $450. Trimont Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $525. Here is today’s list of the most affordable Lake Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dodecagon Plaza1 BR1BR,1BA$450
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$525
Rolfe 20-Unit2 Bedroom2BR,1BA$595
Windcrest Village Apartments & Townhomes1 Bed 1 Bath Apartment1BR,1BA$647
Deer Creek Apartments1 Bedroom 1 Bathroom Apartment1BR,1BA$655
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725

Best Value Apartments for Rent in Lake Park, IA and Nearby

As of December 25, 2025 the best value apartment in the Lake Park area is the $0.68 price per square foot 4 Bedroom - Upper Level Model at Windom Landing in the starting from $975. The second greatest value Lake Park apartment is the Studio Model at 1212 Heckman Ct starting at $750 with a $0.83 price per square foot . Here is today’s list of the best values for Lake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windom Landing4 Bedroom - Upper Level4BR,2BA$0.68
1212 Heckman CtStudioStudio ,1BA$0.83
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$0.58
301 Buena Vista Street, Unit 4301 Buena Vista Street2BR,1BA$1.03
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
Rolfe 20-Unit2 Bedroom2BR,1BA$0.97
172 North St, Unit 168172 North St1BR,1BA$0.98
Dodecagon Plaza1 BR1BR,1BA$0.90

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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Cash 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.

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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 Park, IA Rentals by Map

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Frequently Asked Questions about Cheap Lake Park Apartments

What is the Cheapest Studio apartment in Lake Park?

Currently the most affordable Cheap Studio Apartment in Lake Park is at 1212 Heckman Ct listed at $750.

How much is rent for a Cheap One Bedroom Lake Park Apartment?

The lowest price for a Cheap One Bedroom Lake Park Apartment is $450 at Dodecagon Plaza.

What is the lowest price for a Cheap Two Bedroom Lake Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Park is starting from $595 at Rolfe 20-Unit.

What is the most affordable Lake Park Three Bedroom Apartment?

The best deal on a cheap Lake Park Three Bedroom Apartment rental is at Windcrest Village Apartments & Townhomes and starts from $1,190.

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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!