Cheap Apartments for Rent in Lanesboro, MN from $400 (49 Rentals)

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Key Randall Apartments
$525 - $575
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$525 - $575

Total Monthly Price
$525 - $575
Studio Apartments Contact Us For Availability

Key Randall Apartments

1258 Randall StWinona, MN 55987
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  • Customer Reviewed
  • Utilities Included
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The Graham
$925 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$925 - $995

Total Monthly Price
$925 - $995
Studio Apartments Available Now

The Graham

108 16th St SERochester, MN 55904
Furnished
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  • Utilities Included
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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.

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The Ida
$1,000 - $1,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,400

Total Monthly Price
$1,000 - $1,400
Studio to 1 Bedroom Apartments Available Now

The Ida

1226-1232 4th Ave SWRochester, MN 55902
Furnished
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  • Customer Reviewed
  • Utilities Included

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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The Exchange
$1,175 - $1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,100 - $1,600
Required Monthly Fees
$75

Total Monthly Price
$1,175 - $1,675
Studio to 2 Bedroom Apartments Available Now

The Exchange

51 E 4th StWinona, MN 55987
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  • Utilities Included
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The Quarters
$1,295 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,495

Total Monthly Price
$1,295 - $1,495
2 to 4 Bedroom Apartments Available Now

The Quarters

826 21st Ave SERochester, MN 55904
Affordability
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The Manor at Med City
$1,360 - $1,765
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $1,630
Required Monthly Fees
$135

Total Monthly Price
$1,360 - $1,765
1 to 3 Bedroom Apartments Available Now

The Manor at Med City

1505 Marion Rd SERochester, MN 55904
Affordability
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  • Utilities Included
  • Low Income

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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Flats on 4th
Rent Specials
$1,475 - $3,300
Total Monthly Price

Total Monthly Price

Base Rent
$1,475 - $3,300

Total Monthly Price
$1,475 - $3,300
Studio to 2 Bedroom Apartments Available Now

Flats on 4th

412 SE 3rd AveRochester, MN 55904
Family Friendly
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  • Customer Reviewed
  • Utilities Included
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The Rosewater
Rent Specials
$1,491 - $2,286
Total Monthly Price

Total Monthly Price

Base Rent
$1,401 - $2,196
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Rosewater

1155 Felty Ave SERochester, MN 55904
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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The Boulders
$1,659 - $2,594
Total Monthly Price

Total Monthly Price

Base Rent
$1,659 - $2,594

Total Monthly Price
$1,659 - $2,594
1 to 3 Bedroom Apartments Available Now

The Boulders

350 Boulder Rd SERochester, MN 55904
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  • Customer Reviewed
  • Utilities Included
property at 108 Main St N

$650 - $730

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom Rentals

Available Now

108 Main St N

Grand MeadowMN55936

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.

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Chester Estates
1 to 2 Bedroom Apartments

Chester Estates

1463-1537 6th Ave SERochester, MN 55904
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1017 21st St SE
2 Bedroom Apartments

1017 21st St SE

1017 21st St SERochester, MN 55904
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The Beacon
Studio Apartments

The Beacon

431 3rd Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included
property at 28 6th Ave SE

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Now

28 6th Ave SE

RochesterMN55904
property at 2094 11th Ave SE

$1,350

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

2 Bedroom, 1 Bath Home for Rent

Available Jun 2

2094 11th Ave SE

RochesterMN55904
property at 707 11th Ave NE

$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 Jul 1

707 11th Ave NE

RochesterMN55906
property at 1732 2nd Ave SE

$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 Jun 1

1732 2nd Ave SE

RochesterMN55904
property at 6134 S Pointe Dr SW

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 1.5 Bath Home for Rent

Available Jul 6

6134 S Pointe Dr SW

RochesterMN55902
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Lofts at Mayo Park
1 to 2 Bedroom Apartments

Lofts at Mayo Park

123 6th Ave SERochester, MN 55904
Corporate Housing
  • Utilities Included

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.

property at 575 Pointe Ct SW

$1,600

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 1

575 Pointe Ct SW

RochesterMN55902
property at 15 8th St NW

$1,600

Total Monthly Price

Total Monthly Price

Base Rent
$1,600

Total Monthly Price
$1,600

3 Bedroom, 2 Bath Home for Rent

Available Jul 10

15 8th St NW

RochesterMN55901
property at 1421 3rd St NE

$1,625

Total Monthly Price

Total Monthly Price

Base Rent
$1,625

Total Monthly Price
$1,625

2 Bedroom, 1 Bath Home for Rent

Available Jun 7

1421 3rd St NE

RochesterMN55906

Lanesboro, MN Local Guide

Cheapest Available Lanesboro Apartments for Rent and Nearby

 

The cheapest available apartment rental in Lanesboro, MN is a 1 Bed unit found at 105 Main St S priced from $675. Lakeview Manor Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $800. Here is today’s list of the most affordable Lanesboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Main St S1-bedroom1BR,1BA$675
Lakeview Manor ApartmentsStudioStudio,1BA$800
Clover Patch ApartmentsOne Bedroom1BR,1BA$815
Fairway Woods ApartmentsOne Bedroom1BR,1BA$949
The BeaconStudioStudio,1BA$995
Meadow Park ApartmentsClassic Three Bedroom One Bath3BR,1BA$1,020
Washington Crossing1 Bedroom1BR,1BA$1,092
EastGate ApartmentsA1-501BR,1BA$1,096
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1,125
The Exchange0BR/1.0BAStudio,1BA$1,175

Best Value Apartments for Rent in Lanesboro, MN and Nearby

As of May 24, 2026 the best value apartment in the Lanesboro area is the $1.29 price per square foot 2 Beds, 1 bath Model at Madison Place in the starting from $1,800. The second greatest value Lanesboro apartment is the 2 Bed, 2.5 Bath Model at Falcon Heights Townhomes starting at $1,970 with a $1.66 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.
Madison Place2 Beds, 1 bath2BR,1BA$1.29
Falcon Heights Townhomes2 Bed, 2.5 Bath2BR,2.5BA$1.66
Avani LivingTwo Bedroom A2BR,2BA$1.53
Cottages of Stewartville3 Bedroom 1 Bathroom3BR,1BA$1.25
The Quarters2 Bedroom2BR,2BA$1.30
Homestead Village Townhomes2 Bedroom 1 Bathroom2BR,1BA$1.36
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
105 Main St S2-bedroom2BR,1BA$1.29
EastGate ApartmentsA1-501BR,1BA$1.60
Clover Patch ApartmentsOne Bedroom1BR,1BA$1.52

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 Lanesboro Apartments

What is the Cheapest Studio apartment in Lanesboro?

Currently the most affordable Cheap Studio Apartment in Lanesboro is at Lakeview Manor Apartments listed at $800.

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

The lowest price for a Cheap One Bedroom Lanesboro Apartment is $675 at 105 Main St S.

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 105 Main St S.

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 $1,020.

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

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

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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.

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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.

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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.