Cheap Apartments for Rent in Lake Park, MN from $400 (60 Rentals)

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

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.

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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Stonecrest Apartments
$900 - $1,660
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$900 - $1,660

Total Monthly Price
$900 - $1,660
Studio to 3 Bedroom Apartments Available Now

Stonecrest Apartments

1402 Belsly BlvdMoorhead, MN 56560
Pet Friendly
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  • Customer Reviewed
  • Utilities Included
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Fairmont Flats
Rent Specials
$925 - $2,950
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925 - $2,950

Total Monthly Price
$925 - $2,950
1 to 3 Bedroom Apartments Available Now

Fairmont Flats

801 2nd Ave NMoorhead, MN 56560
Luxury
  • Verified
  • Utilities Included

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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The Emery
Rent Specials
$1,025 - $1,775
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,025 - $1,775

Total Monthly Price
$1,025 - $1,775
1 to 3 Bedroom Apartments Available Now

The Emery

900 30th AveMoorhead, MN 56560
Active Lifestyle
  • Verified
  • Utilities Included
  • 3D Tour
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Silver Birch
1 to 2 Bedroom Apartments

Silver Birch

303 Washington AveDetroit Lakes, MN 56501
Senior Living
  • Utilities Included
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Daybreak Place
Studio to 3 Bedroom Apartments

Daybreak Place

1805 20th St SMoorhead, MN 56560
  • Utilities Included
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Grace Apartments
1 to 4 Bedroom Apartments

Grace Apartments

1103 18 1/2 St SMoorhead, MN 56560
  • 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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Valley
1 to 2 Bedroom Apartments

Valley

1301 20th St SMoorhead, MN 56560
  • Utilities Included
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The Corners
1 to 3 Bedroom Apartments

The Corners

1210 19 1/2 St SMoorhead, MN 56560
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The Property Shop
1 to 2 Bedroom Apartments

The Property Shop

1321 20th St SMoorhead, MN 56560
  • Utilities Included
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1411 20th St S
1 Bedroom Apartments

1411 20th St S

1411 20th St SMoorhead, MN 56560
  • Utilities Included
property at 222 4th St S

$575

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$575

Total Monthly Price
$575

1 Bedroom, 1 Bath Home for Rent

Available May 1

222 4th St S

MoorheadMN56560
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Marigold Apartments
1 Bedroom Apartments

Marigold Apartments

110 Union St EDetroit Lakes, MN 56501
Senior Living
  • Utilities Included
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Valley View Commons
1 to 2 Bedroom Apartments

Valley View Commons

412 2nd St SWMahnomen, MN 56557
Senior Living
  • Utilities Included
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Picasso Square
1 to 2 Bedroom Apartments

Picasso Square

1825 9th Ave SMoorhead, MN 56560
  • Utilities Included
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Broadway Apartments
2 Bedroom Apartments

Broadway Apartments

912 10th Ave SMoorhead, MN 56560
  • 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, MN Local Guide

Cheapest Available Lake Park Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lake Park, MN is a 1 Bed unit found at Royal Apartments in the Hawthorne neighborhood priced from $475. Griffin Court Apartments in the Clara Barton neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Lake Park apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Royal Apartments1 Bedroom 1 Bathroom1BR,1BA$475
Griffin Court ApartmentsGriffin Court - One Bedroom1BR,1BA$575
Terrace on the Green1 Bed, 1 bath1BR,1BA$575
RockridgeOne Bedroom1BR,1BA$595
Daybreak Place1 Bedroom, 0 Bathroom1BR,1BA$595
Jeannie Anne ApartmentsTwo Bedroom2BR,1BA$595
Skaff Apartments Moorhead1904 - 1 Bedroom1BR,1BA$725
River Rock ApartmentsOne Bedroom1BR,1BA$775
Pelican Rapids Townhomes2 Bedroom2BR,1BA$785
Southridge Apartments1 Bed, 1 bath1BR,1BA$895

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

As of April 28, 2026 the best value apartment in the Lake Park area is the $0.56 price per square foot 3 Bedroom Model at Pelican Rapids Townhomes in the starting from $885. The second greatest value Lake Park apartment is the 3 Bedroom 2 Bath Model at Easten Townhomes starting at $1,290 with a $0.90 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.
Pelican Rapids Townhomes3 Bedroom3BR,1BA$0.56
Easten Townhomes3 Bedroom 2 Bath3BR,1.5BA$0.90
1918 5th Ave S3 Bedroom3BR,2BA$1.17
Waterstone Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.04
Southridge Apartments1 Bed, 1 bath1BR,1BA$1.12
Jeannie Anne ApartmentsTwo Bedroom2BR,1BA$0.79
Royal Apartments1 Bedroom 1 Bathroom1BR,1BA$0.73
Terrace on the Green2 Beds, 1 bath2BR,1BA$1.21
River Rock ApartmentsOne Bedroom1BR,1BA$1.22
Griffin Court ApartmentsGriffin Court - One Bedroom1BR,1BA$1.05

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.

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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.

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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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Quick 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 Park, MN 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 Wild Oak listed at $995.

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

The lowest price for a Cheap One Bedroom Lake Park Apartment is $475 at Royal Apartments.

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 $520 at Royal Apartments.

What is the most affordable Lake Park Three Bedroom Apartment?

The best deal on a cheap Lake Park Three Bedroom Apartment rental is at Pelican Rapids Townhomes and starts from $885.

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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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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.

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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.

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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.