
Cheap Apartments for Rent in Lake Shore, MN from $500 (48 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Shore.


Total Monthly Price
30555 US-71, Unit Apt 6

Colonywood

922 Broadway St

Bonneywoode Arms Apartments

Oakcrest Manor Apartments

Park Rapids Apartments

McCarthy Apartments

Crosby Country Apartments
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.

500 NW 4th St

Parkview Housing

1102 15th Ave NE

Trail Ridge

Cardinal Pines Apartment Homes

Berrywood Apartments

Clearwater Estates

Lofts on Novotny Apartment Homes

5822 Laverne Cir N
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.

The Flats on 14th

Cypress Court Apartments

Cedar Street Complex

2nd Ave Apartments

Pine Grove Estates

Timberline Heights

2100 Breilly Ct

Total Monthly Price
10514 Gull Point Rd

Marsh Run Townhomes
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.

Pinehurst Apartments

35494 Co Rd 3

9825 US-169

33107 S Upper Hay Dr

Village Green Apartments

Greenleaf Apartments

Avonlea Apartments

1005 S 6th St

Sebeka Housing
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.

Meadowbrook Apartments

113 3rd St W

Eastwood Apartments

510 6th St SE

911 2nd Ave NE

1515 3rd St NE

Train Bell Resort

36007 Co Rd 3

1504 Oakridge Rd SW
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

4993 Brentwood Rd

513 1st St NW

18005 Marina Way
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 | $1,179 | $525 | $1,850 |
| Lake Shore 1 Bedroom Apartments | $1,145 | $685 | $2,495 |
| Lake Shore 2 Bedroom Apartments | $1,439 | $700 | $2,120 |
| Lake Shore 3 Bedroom Apartments | $1,607 | $900 | $2,320 |
| Lake Shore 4 Bedroom Apartments | $1,994 | $1,193 | $2,795 |
Browse Top Apartments in Lake Shore
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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 2 Beds unit found at Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood priced from $700. Oakcrest Manor Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $727. Here is today’s list of the most affordable Lake Shore apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $700 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $727 |
| Parkview Housing | 1 Bedroom | 1BR,1BA | $849 |
| Trail Ridge | 3 bedroom | 3BR,1BA | $1,020 |
| Cedar Street Complex | 3 Bedroom | 3BR,2BA | $1,337 |
| Pine Grove Estates | Two Bedroom/ One Bathroom | 2BR,1BA | $1,355 |
| Crosby Country Apartments | Three Bedroom Townhouse w/One Garage | 3BR,2BA | $1,595 |
Best Value Apartments for Rent in Lake Shore, MN and Nearby
As of April 07, 2026 the best value apartment in the Lake Shore area is the $0.78 price per square foot 3 bedroom Model at Trail Ridge in the in the Downtown Brainerd neighborhood starting from $1,020. The second greatest value Lake Shore apartment is the Three Bedroom Townhouse w/One Garage Model at Crosby Country Apartments starting at $1,595 with a $1.35 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. |
|---|---|---|---|
| Trail Ridge | 3 bedroom | 3BR,1.5BA | $0.78 |
| Crosby Country Apartments | Three Bedroom Townhouse w/One Garage | 3BR,2.5BA | $1.35 |
| Pine Grove Estates | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| Cedar Street Complex | 3 Bedroom | 3BR,2BA | $1.26 |
| 10514 Gull Point Rd | 10514 Gull Point Rd | 2BR,2BA | $1.52 |
| Parkview Housing | 1 Bedroom | 1BR,1BA | $1.36 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.17 |
| 30555 US-71, Unit Apt 6 | 30555 US-71 | Studio ,1BA | $2.05 |
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 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 $700 at Bonneywoode Arms 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 Trail Ridge and starts from $1,020.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.