
Cheap Apartments for Rent near Lake Shore, MN from $600 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Shore.


McCarthy Apartments

Bonneywoode Arms Apartments

715 Oak St

1120 Pine St

Parkview Housing

Town & Country
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

500 NW 4th St

324 N 8th St

501 3rd Ave NE

3657 Obsidian Ln

Total Monthly Price
Bunker Hill Apartments

Clearwater Estates

Village Green Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Greenleaf Apartments

1819 Norwood St

Avonlea Apartments

Sebeka Housing

Park Rapids Apartments

Meadowbrook Apartments

Crosby Country Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

113 1/2 3rd St W, Unit 5

Eastwood Apartments

608 Pleasant Ave S

305 1st Ave NE

216 5th St SW

921 4th Ave NE

228 Aspen Ave S
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.
Lake Shore, MN Local Guide

How much does it cost to rent an apartment in Lake Shore?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Shore Studio Apartments | $1,189 | $899 | $1,385 |
| Lake Shore 1 Bedroom Apartments | $1,240 | $727 | $2,495 |
| Lake Shore 2 Bedroom Apartments | $1,387 | $794 | $2,145 |
| Lake Shore 3 Bedroom Apartments | $1,713 | $995 | $2,320 |
Browse Top Apartments in Lake Shore
See all Apartments in Lake ShoreExplore Lake Shore
Lake Shore, MN Local Guide
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Cheapest Available Lake Shore Apartments for Rent and Nearby
 The cheapest available apartment rental in Lake Shore, MN is a 1 Bed unit found at Oakcrest Manor Apartments in the Downtown Brainerd neighborhood priced from $727. McCarthy Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $794. Here is today’s list of the most affordable Lake Shore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $794 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $795 |
| Crosby Country Apartments | Studio | 1BR,1BA | $815 |
| Town & Country | 2 Bed 1 Bath | 2BR,1BA | $950 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1,029 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1,226 |
| Pine Grove Estates | Two Bedroom/ One Bathroom | 2BR,1BA | $1,355 |
Best Value Apartments for Rent in Lake Shore, MN and Nearby
As of July 21, 2026 the best value apartment in the Lake Shore area is the $1.74 price per square foot 2 Bed Townhome 1 Level Model at Pine Grove Estates in the starting from $1,915. The second greatest value Lake Shore apartment is the 2 Bed 1 Bath Model at Town & Country starting at $950 with a $0.99 price per square foot . Here is today’s list of the best values for Lake Shore apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Pine Grove Estates | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| Town & Country | 2 Bed 1 Bath | 2BR,1BA | $0.99 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.56 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.34 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| Crosby Country Apartments | Studio | 1BR,1BA | $2.69 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Shore, MN Rentals by Map
See the most popular apartments and homes in Lake Shore, MN
Frequently Asked Questions about Cheap Lake Shore Apartments
How much is rent for a Cheap One Bedroom Lake Shore Apartment?
The lowest price for a Cheap One Bedroom Lake Shore Apartment is $727 at Oakcrest Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Lake Shore Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lake Shore is starting from $794 at McCarthy Apartments.
What is the most affordable Lake Shore Three Bedroom Apartment?
The best deal on a cheap Lake Shore Three Bedroom Apartment rental is at Pine Grove Estates and starts from $2,320.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.