
Cheap Apartments for Rent in Lake Park, MN from $400 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Park.


Royal Apartments

Jeannie Anne Apartments

Campus Aire Apartments

Eastmoor Apartments & Townhomes

Terrace on the Green

Rockridge

Southmoor Apartments & Townhomes

Skaff Apartments Moorhead

Courtyard Apartments on Belsly
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.

Cedar Park Apartments

Kassenborg Apartments

River Rock Apartments

Pelican Rapids Townhomes

Carriage House Senior Apartments

South Shore Landing

Valley Pines Apartments

Courtyard Apartments

Horizon Shores Estates

The Colony
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.

Sunridge Apartments

Southridge Apartments

Total Monthly Price
Stonecrest Apartments

Waterstone Apartments

Total Monthly Price
Fairmont Flats

Pelican Heights Apartments

Compass

The Grove

Meadows Edge Apartments

The Fairways
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.

Huntington Pointe Apartments

Wild Oak

Total Monthly Price
The Emery

Vanne

Summit Ridge

Rail 10 Lofts

Blue Eagle Townhomes

Silver Birch

Daybreak Place

Grace Apartments
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.

Valley

The Corners

The Property Shop

3502 Interstate Blvd S

1411 20th St S

222 4th St S

Marigold Apartments

Valley View Commons

Picasso Square

Broadway Apartments
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

How much does it cost to rent an apartment in Lake Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Park Studio Apartments | $929 | $400 | $1,095 |
| Lake Park 1 Bedroom Apartments | $1,105 | $475 | $1,850 |
| Lake Park 2 Bedroom Apartments | $1,421 | $520 | $2,500 |
| Lake Park 3 Bedroom Apartments | $1,519 | $750 | $2,950 |
| Lake Park 4 Bedroom Apartments | $1,605 | $1,495 | $1,715 |
Browse Top Apartments in Lake Park
See all Apartments in Lake ParkExplore Lake Park
Lake Park, MN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $475 |
| Griffin Court Apartments | Griffin Court - One Bedroom | 1BR,1BA | $575 |
| Terrace on the Green | 1 Bed, 1 bath | 1BR,1BA | $575 |
| Rockridge | One Bedroom | 1BR,1BA | $595 |
| Daybreak Place | 1 Bedroom, 0 Bathroom | 1BR,1BA | $595 |
| Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $595 |
| Skaff Apartments Moorhead | 1904 - 1 Bedroom | 1BR,1BA | $725 |
| River Rock Apartments | One Bedroom | 1BR,1BA | $775 |
| Pelican Rapids Townhomes | 2 Bedroom | 2BR,1BA | $785 |
| Southridge Apartments | 1 Bed, 1 bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pelican Rapids Townhomes | 3 Bedroom | 3BR,1BA | $0.56 |
| Easten Townhomes | 3 Bedroom 2 Bath | 3BR,1.5BA | $0.90 |
| 1918 5th Ave S | 3 Bedroom | 3BR,2BA | $1.17 |
| Waterstone Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.04 |
| Southridge Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Jeannie Anne Apartments | Two Bedroom | 2BR,1BA | $0.79 |
| Royal Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $0.73 |
| Terrace on the Green | 2 Beds, 1 bath | 2BR,1BA | $1.21 |
| River Rock Apartments | One Bedroom | 1BR,1BA | $1.22 |
| Griffin Court Apartments | Griffin Court - One Bedroom | 1BR,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.
Read ArticleDon'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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Lake Park, MN Rentals by Map
See the most popular apartments and homes in Lake Park, MN
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

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.

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.

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.

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.