Cheap Apartments for Rent in Lanesboro, MN from $400 (14 Rentals)

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

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.

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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.

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Showing Results 1-14, Page 1 of 1

Lanesboro, MN Local Guide

Cheapest Available Lanesboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lanesboro, MN is a Studio unit found at Key Randall Apartments priced from $525. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Lanesboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Key Randall ApartmentsStudio, 1 bathStudio,1BA$525
Lakeview Manor ApartmentsStudioStudio,1BA$725
Meadow Park ApartmentsClassic One Bedroom1BR,1BA$800
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$899
Fairway Woods ApartmentsOne Bedroom1BR,1BA$949

Best Value Apartments for Rent in Lanesboro, MN and Nearby

As of June 01, 2025 the best value apartment in the Lanesboro area is the $0.86 price per square foot 16x80 Model at Country Valley in the starting from $1,095. The second greatest value Lanesboro apartment is the 1 Bed, 1.5 Bath, Plus Den Model at Falcon Heights Townhomes starting at $1,920 with a $1.61 price per square foot in the East Rochester neighborhood. Here is today’s list of the best values for Lanesboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Country Valley16x803BR,2BA$0.86
Falcon Heights Townhomes1 Bed, 1.5 Bath, Plus Den2BR,1.5BA$1.61
The Vista at South BroadwayHayes2BR,2BA$1.44
TwentyFirst Ave2 Bedroom 1 Bathroom2BR,1BA$1.40
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.55
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
Golfview Crossing ApartmentsOne Bedroom1BR,1BA$1.34
Washington Crossing1 Bedroom1BR,1BA$1.59
Lakeview Manor ApartmentsStudioStudio ,1BA$1.61
Key Randall ApartmentsStudio, 1 bathStudio ,1BA$1.64

Quick Rent Budget Calculator

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

Explore Lanesboro, MN Rentals by Map

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See the most popular apartments and homes in Lanesboro, MN

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Getting Around Lanesboro, MN

Walk Score®

41 / 100

Car-Dependent

Most errands require a car

Bike Score®

37 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Lanesboro Apartments

What is the Cheapest Studio apartment in Lanesboro?

Currently the most affordable Cheap Studio Apartment in Lanesboro is at Key Randall Apartments listed at $525.

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

The lowest price for a Cheap One Bedroom Lanesboro Apartment is $800 at Meadow Park Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Lanesboro is starting from $900 at Meadow Park Apartments.

What is the most affordable Lanesboro Three Bedroom Apartment?

The best deal on a cheap Lanesboro Three Bedroom Apartment rental is at Meadow Park Apartments and starts from $1,000.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.