
Cheap Apartments for Rent near Lake Shore, MN from $727 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Lake Shore.


McCarthy Apartments

Parkview Housing

Bonneywoode Arms Apartments

Town & Country

501 3rd Ave NE

922 Broadway St

22569 Main St
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.

Clearwater Estates

Total Monthly Price
Bunker Hills Apartments

Lofts on Novotny Apartment Homes

13575 Kenwood Dr N

The Flats on 14th

Cypress Court Apartments

Cedar Street Complex

2nd Ave Apartments
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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.

Berrywood Apartments

Pine Grove Estates

750 Palomino Ave W

2100 Breilly Ct

12858 Woodfern Ln

Total Monthly Price
Timberline Heights

1324 M St NE

Village Green 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.

Greenleaf Apartments

Avonlea Apartments

Sebeka Housing

Park Rapids Apartments

Meadowbrook Apartments

Crosby Country Apartments

Eastwood Apartments

17193 Lisa Ct
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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.

16338 Birchwood Ln

702 Main St

109 Velkommen St NE

1513 Jefferson St S

625 Iowa Ave NE

302 Pearl St

1009 Shady Hollow Rd

30917 S Oak St
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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.

10490 US-169

Train Bell Resort

1001 W Laurel St

713 SW 4th St
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 | $1,177 | $1,125 | $1,230 |
| Lake Shore 1 Bedroom Apartments | $1,264 | $727 | $2,495 |
| Lake Shore 2 Bedroom Apartments | $1,451 | $794 | $2,145 |
| Lake Shore 3 Bedroom Apartments | $1,762 | $1,270 | $2,320 |
| Lake Shore 4 Bedroom Apartments | $1,750 | $1,750 | $1,750 |
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 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 |
| Crosby Country Apartments | Studio | 1BR,1BA | $815 |
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $850 |
| Town & Country | 2 Bed 1 Bath | 2BR,1BA | $950 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1,029 |
| Bunker Hills Apartments | 1 bedroom 1 bathroom | 1BR,1BA | $1,065 |
| 2nd Ave Apartments | B.3 (+DEN) | 1BR,1BA | $1,245 |
| Berrywood Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1,250 |
| Pinehurst Apartments | R | 1BR,1BA | $1,540 |
Best Value Apartments for Rent in Lake Shore, MN and Nearby
As of September 05, 2026 the best value apartment in the Lake Shore area is the $1.56 price per square foot 2 Bedroom 2 Bath Model at Lofts on Novotny Apartment Homes in the starting from $1,885. The second greatest value Lake Shore apartment is the 2 Bed Townhome 1 Level Model at Pine Grove Estates starting at $1,915 with a $1.74 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. |
|---|---|---|---|
| Lofts on Novotny Apartment Homes | 2 Bedroom 2 Bath | 2BR,2BA | $1.56 |
| Pine Grove Estates | 2 Bed Townhome 1 Level | 2BR,1BA | $1.74 |
| Town & Country | 2 Bed 1 Bath | 2BR,1BA | $0.99 |
| Bunker Hill Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.54 |
| Berrywood Apartments | Two Bedroom Two Bathroom | 2BR,2BA | $1.52 |
| McCarthy Apartments | 2 Bedroom | 2BR,1BA | $0.99 |
| Parkview Housing | 2 Bedroom | 2BR,1BA | $1.34 |
| Pinehurst Apartments | R | 1BR,1BA | $2.02 |
| 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 ArticleNavigating 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.
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 Bunker Hill Apartments and starts from $1,730.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.