Cheap Apartments for Rent in Lakeland, MN from $400 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Lakeland.

property at 16724 Upper 5th St N

$2,100

Total Monthly Price

Total Monthly Price

Base Rent
$2,100

Total Monthly Price
$2,100

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

16724 Upper 5th St N

LakelandMN55043

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535 6th St N, Unit A
$1,950
Total Monthly Price

Total Monthly Price

Base Rent
$1,950

Total Monthly Price
$1,950
4 Bedroom Apartment Available Jun 10

535 6th St N, Unit A

535 6th St NHudson, WI 54016
property at 2407 Foxglove Cir

$1,995

Total Monthly Price

Total Monthly Price

Base Rent
$1,995

Total Monthly Price
$1,995

3 Bedroom, 2.5 Bath Townhome for Rent

Available Now

2407 Foxglove Cir

HudsonWI54016

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.

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Boulder Ridge
Studio to 2 Bedroom Apartments

Boulder Ridge

901 Dominion DrHudson, WI 54016
Senior Living
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Brookstone Townhomes
2 to 3 Bedroom Apartments

Brookstone Townhomes

1900-1966 Brookstone CirHudson, WI 54016
  • Utilities Included
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Mississippi Flats
2 to 3 Bedroom Apartments

Mississippi Flats

1401 Okeefe RdHudson, WI 54016
property at 161 1st Ave N

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 1 Bath Home for Rent

Available Now

161 1st Ave N

BayportMN55003
property at 16 Cimarron

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

3 Bedroom, 2 Bath Home for Rent

Available Now

16 Cimarron

Lake ElmoMN55042

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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.

property at 691 Cimarron

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

3 Bedroom, 2 Bath Home for Rent

Available Now

691 Cimarron

Lake ElmoMN55042
property at 154 Cimarron

$1,999

Total Monthly Price

Total Monthly Price

Base Rent
$1,999

Total Monthly Price
$1,999

3 Bedroom, 2.5 Bath Home for Rent

Available Now

154 Cimarron

Lake ElmoMN55042
property at 3775 Hazel Trail

$2,125

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,125

Total Monthly Price
$2,125

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jun 1

3775 Hazel Trail

WoodburyMN55129
property at 3314 Hazel Trail

$2,295

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,295

Total Monthly Price
$2,295

2 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

3314 Hazel Trail

WoodburyMN55129

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.

Lakeland, MN Local Guide

Cheapest Available Lakeland Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lakeland, MN is a Studio unit found at Boulder Ridge in the Washington Far Eastern Suburbs neighborhood priced from $750. Hanley Place Apartments in the St Croix Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,000. Here is today’s list of the most affordable Lakeland apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Boulder RidgeSuite 3Studio,1BA$750
Hanley Place Apartments1BR/1.0BA1BR,1BA$1,000
Cedar RidgeOne Bedroom1BR,1BA$1,289
Gray's Landing - Section 42 income guidelines apply2BR/2.0BA2BR,2BA$1,375

Best Value Apartments for Rent in Lakeland, MN and Nearby

As of May 30, 2026 the best value apartment in the Lakeland area is the $1.59 price per square foot 2BR/2.0BA Model at Gray's Landing - Section 42 income guidelines apply in the in the Washington Far Eastern Suburbs neighborhood starting from $1,375. The second greatest value Lakeland apartment is the 832 Laurel Ave Model at 832 Laurel Ave, Unit Lower starting at $1,200 with a $1.50 price per square foot in the Washington Far Eastern Suburbs neighborhood. Here is today’s list of the best values for Lakeland apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Gray's Landing - Section 42 income guidelines apply2BR/2.0BA2BR,2BA$1.59
832 Laurel Ave, Unit Lower832 Laurel Ave1BR,1BA$1.50
Hanley Place Apartments1BR/1.0BA1BR,1BA$1.67
Cedar RidgeOne Bedroom1BR,1BA$2.37
Boulder RidgeSuite 3Studio ,1BA$750.00

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.

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Real 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.

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

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Frequently Asked Questions about Cheap Lakeland Apartments

How much is rent for a Cheap One Bedroom Lakeland Apartment?

The lowest price for a Cheap One Bedroom Lakeland Apartment is $1,000 at Hanley Place Apartments.

What is the lowest price for a Cheap Two Bedroom Lakeland Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakeland is starting from $1,200 at Hanley Place Apartments.

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 Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.