Cheap Homes for Rent in Lanesboro, MN from $900 (9 Rentals)

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

property at 413 Main St N

413 Main St N

Grand MeadowMN55936
property at 362 W 4th St

362 W 4th St

WinonaMN55987
property at 111 8th Ave SE

111 8th Ave SE

RochesterMN55904
property at 121 Main St S

121 Main St S

Grand MeadowMN55936

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.

property at 317 Market St

317 Market St

WinonaMN55987
property at 491 Pointe Ct SW

491 Pointe Ct SW

RochesterMN55902
property at 10 8th St NE

10 8th St NE

RochesterMN55906
property at 1610 4th St NE

1610 4th St NE

RochesterMN55906

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.

property at 1507 5th Ave NE

1507 5th Ave NE

RochesterMN55906

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. Key Broadway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Lanesboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Key Randall ApartmentsStudioStudio,1BA$525
Key Broadway ApartmentsGarden View1BR,1BA$625
Lakeview Manor ApartmentsStudioStudio,1BA$800

Best Value Apartments for Rent in Lanesboro, MN and Nearby

As of November 30, 2025 the best value apartment in the Lanesboro area is the $1.66 price per square foot 2 Bed, 2.5 Bath Model at Falcon Heights Townhomes in the in the East Rochester neighborhood starting from $1,970. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Falcon Heights Townhomes2 Bed, 2.5 Bath2BR,2.5BA$1.66
Country Valley16x723BR,2BA$0.78
Avani LivingTwo Bedroom A2BR,2BA$1.53
Preserve on MaineArcadia2BR,2BA$1.72
Golfview Crossing ApartmentsTwo Bedroom2BR,1BA$1.12
Fairway Woods ApartmentsOne Bedroom1BR,1BA$1.23
FLATS 551 BED 1 BATH1BR,1BA$1.68
Washington Crossing1 Bedroom1BR,1BA$1.59
Key Broadway ApartmentsGarden View1BR,1BA$1.04
Key Randall ApartmentsStudioStudio ,1BA$1.64

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 Article
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The 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.

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

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Frequently Asked Questions about Lanesboro

What type of rentals are currently available in Lanesboro?

There are currently 44 Apartments for Rent in Lanesboro, MN with pricing that ranges from $435 to $3,300. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lanesboro ranging from $950 to $3,400.

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 $950 to $3,400 with an average monthly rent of $1,756.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.