
Cheap Homes for Rent in Lanesboro, MN from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Lanesboro.


362 W 4th St

959 W 2nd St

111 8th Ave SE
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.

121 Main St S

2214 18th Ave SE

207 5th Ave SW

1807 3rd St SW
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.
Lanesboro, MN Local Guide

How much does it cost to rent a home in Lanesboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lanesboro 2 Bedroom Homes for Rent | $1,509 | $1,030 | $1,900 |
| Lanesboro 3 Bedroom Homes for Rent | $1,888 | $1,529 | $2,550 |
| Lanesboro 4 Bedroom Homes for Rent | $2,265 | $1,895 | $3,500 |
| Lanesboro 5 Bedroom Homes for Rent | $2,312 | $2,000 | $2,900 |
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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 |
| The Graham | Studio w/ Utilities & Wifi Included | Studio,1BA | $775 |
Best Value Apartments for Rent in Lanesboro, MN and Nearby
As of January 14, 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 Three Bedroom/ One Bathroom Model at Scenic View Townhomes starting at $1,200 with a $0.92 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 |
| Scenic View Townhomes | Three Bedroom/ One Bathroom | 3BR,1.5BA | $0.92 |
| Country Valley | 16x72 | 3BR,2BA | $0.78 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| Golfview Crossing Apartments | Two Bedroom | 2BR,1BA | $1.16 |
| Homestead Village Townhomes | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Washington Crossing | 1 Bedroom | 1BR,1BA | $1.25 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.23 |
| 1017 21st St SE | 2 beds 1 bath | 2BR,1BA | $1.27 |
| 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!
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See the most popular apartments and homes in Lanesboro, MN
Frequently Asked Questions about Lanesboro
What type of rentals are currently available in Lanesboro?
There are currently 45 Apartments for Rent in Lanesboro, MN with pricing that ranges from $450 to $3,300. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lanesboro ranging from $975 to $3,500.
What is the current price range for Rental Homes in Lanesboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lanesboro ranges from $975 to $3,500 with an average monthly rent of $1,722.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!