Cheap Homes for Rent in Lake Shore, MN from $700 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in Lake Shore.

property at 30 Graceson Ave S

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

1 Bedroom, 1 Bath Condo for Rent

Available Feb 1

30 Graceson Ave S

AkeleyMN56433
property at 911 2nd Ave NE

$1,235

Total Monthly Price

Total Monthly Price

Base Rent
$1,235

Total Monthly Price
$1,235

3 Bedroom, 1 Bath Home for Rent

Available Feb 10

911 2nd Ave NE

StaplesMN56479
property at 1515 3rd St NE

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

3 Bedroom, 1 Bath Home for Rent

Available Now

1515 3rd St NE

StaplesMN56479

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.

property at 408 6th Ave NW

$1,350

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

3 Bedroom, 1 Bath Home for Rent

Available Mar 6

408 6th Ave NW

Little FallsMN56345
property at 23138 Miller Cir

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450

Total Monthly Price
$1,450

2 Bedroom, 1 Bath Home for Rent

Available Now

23138 Miller Cir

DeerwoodMN56444
property at 13271 Meredith Dr N

$1,800

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 1 Bath Home for Rent

Available Feb 5

13271 Meredith Dr N

BaxterMN56425

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.

Lake Shore, MN Local Guide

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 $700. Here is today’s list of the most affordable Lake Shore apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bonneywoode Arms Apartments2 Bed2BR,1BA$700
Oakcrest Manor Apartments1 Bedroom1BR,1BA$700
CROSBY COUNTRY APARTMENTSLg StudioStudio,1BA$845

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

As of January 20, 2026 the best value apartment in the Lake Shore area is the $1.39 price per square foot Three-Bedroom Model at Marsh Run Townhomes in the in the Downtown Brainerd neighborhood starting from $1,470. The second greatest value Lake Shore apartment is the T Model at Pinehurst Apartments starting at $1,800 with a $1.70 price per square foot in the Downtown Brainerd neighborhood. Here is today’s list of the best values for Lake Shore apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Marsh Run TownhomesThree-Bedroom3BR,1.5BA$1.39
Pinehurst ApartmentsT2BR,2BA$1.70
Northern Lakes Senior LivingOne Bedroom1BR,1BA$1.67
Cedar Street Complex2 Bedroom2BR,1BA$1.56
Sebeka HousingRiverview 2 Bedroom2BR,1BA$1.24
2nd Ave ApartmentsB1BR,1BA$1.50
Pine Grove EstatesOne bedroom / One bathroom1BR,1BA$1.79
Fantastic 2-bedroom apartmentFantastic 2-bedroom apt2BR,1BA$1.32
Oakcrest Manor Apartments1 Bedroom1BR,1BA$1.12
Parkview Housing1 Bedroom1BR,1BA$1.36

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 Article
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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Lake Shore

What type of rentals are currently available in Lake Shore?

There are currently 38 Apartments for Rent in Lake Shore, MN with pricing that ranges from $685 to $2,320. There are also 16 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Shore ranging from $750 to $4,500.

What is the current price range for Rental Homes in Lake Shore?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Shore ranges from $750 to $4,500 with an average monthly rent of $2,120.

How much are larger Three and Four Bedroom Rentals in Lake Shore?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Shore range from $900 to $2,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,235 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,193.

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!