
Cheap Apartments for Rent in Lanesboro, MN from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Lanesboro.


Total Monthly Price
Key Randall Apartments

Total Monthly Price
Key Broadway Apartments

Lakeview Manor Apartments

Total Monthly Price
The Graham

Fairway Woods Apartments
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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.

Clover Patch Apartments

Eastwood Manor Apartments

Country Valley

Meadow Park Apartments

Golfview Crossing Apartments

Lobb Field Apartments
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.

1017 21st St SE

Madison Place

Total Monthly Price
The Ida

8210 E 6th St

The Beacon

Chester Estates
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.
Lanesboro, MN Local Guide

How much does it cost to rent an apartment in Lanesboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lanesboro Studio Apartments | $1,242 | $430 | $1,735 |
| Lanesboro 1 Bedroom Apartments | $1,639 | $450 | $2,550 |
| Lanesboro 2 Bedroom Apartments | $1,804 | $875 | $3,300 |
| Lanesboro 3 Bedroom Apartments | $1,664 | $895 | $2,795 |
Browse Top Apartments in Lanesboro
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Lanesboro, MN Local Guide
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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. Key Broadway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here is today’s list of the most affordable Lanesboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Key Randall Apartments | Studio | Studio,1BA | $525 |
| Key Broadway Apartments | Garden View | 1BR,1BA | $635 |
| Lakeview Manor Apartments | Studio | Studio,1BA | $700 |
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $775 |
| Clover Patch Apartments | One Bedroom | 1BR,1BA | $815 |
Best Value Apartments for Rent in Lanesboro, MN and Nearby
As of February 21, 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 16x72 Model at Country Valley starting at $895 with a $0.78 price per square foot . Here is today’s list of the best values for Lanesboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Madison Place | 2 Beds, 1 bath | 2BR,1BA | $1.29 |
| Country Valley | 16x72 | 3BR,2BA | $0.78 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.23 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $1.27 |
| Eastwood Manor Apartments | 1BR/1.0BA | 1BR,1BA | $1.21 |
| Meadow Park Apartments | Modern Two Bedroom | 2BR,1BA | $1.44 |
| Golfview Crossing Apartments | One Bedroom | 1BR,1BA | $1.34 |
| Lobb Field Apartments | 1BR/1.0BA | 1BR,1BA | $1.50 |
| Key Broadway Apartments | Garden View | 1BR,1BA | $1.06 |
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 ArticleThe 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.
Read ArticleCash 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.
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 Lanesboro, MN Rentals by Map
See the most popular apartments and homes in Lanesboro, MN
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 $635 at Key Broadway 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 $875 at Eastwood Manor Apartments.
What is the most affordable Lanesboro Three Bedroom Apartment?
The best deal on a cheap Lanesboro Three Bedroom Apartment rental is at Country Valley and starts from $895.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.