
Cheap Homes for Rent near Lanesboro, MN from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Lanesboro.


121 Main St S

621 5th Ave SE
Rent According to Income: A Look at Income-Restricted Rentals
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220 Broadway Ave S

270 W 3rd St

764 Neville Ct SE
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

224 9th Ave NW
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 | $1,544 | $1,100 | $1,900 |
| Lanesboro 3 Bedroom Homes for Rent | $2,188 | $1,695 | $3,000 |
| Lanesboro 4 Bedroom Homes for Rent | $2,838 | $1,950 | $4,400 |
| Lanesboro 6 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
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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 1 Bed unit found at 105 Main St S priced from $675. Whitewater Way Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $695. Here is today’s list of the most affordable Lanesboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Whitewater Way Apartments | 1-Bedroom/1-Bathroom | 1BR,1BA | $695 |
| Lakeview Manor Apartments | Studio | Studio,1BA | $800 |
Best Value Apartments for Rent in Lanesboro, MN and Nearby
As of September 07, 2026 the best value apartment in the Lanesboro area is the $0.95 price per square foot Three Bedroom/One & Half Bathroom Model at Scenic View Townhomes in the starting from $1,236. The second greatest value Lanesboro apartment is the 4 Bedroom A Model at The Quarters starting at $1,395 with a $1.13 price per square foot in the Meadow Park neighborhood. 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. |
|---|---|---|---|
| Scenic View Townhomes | Three Bedroom/One & Half Bathroom | 3BR,1.5BA | $0.95 |
| The Quarters | 4 Bedroom A | 4BR,2BA | $1.13 |
| Homestead Village Townhomes | 3 Bedroom 2 Bathroom | 3BR,2BA | $1.22 |
| EastGate Apartments | B1-60 | 2BR,2BA | $1.46 |
| Fairway Woods Apartments | One Bedroom | 1BR,1BA | $1.27 |
| Eastwood Manor Apartments | 2 Bed | 2BR,1BA | $1.27 |
| Sutton Place | 1 bed 1 bath | 1BR,1BA | $1.41 |
| Whitewater Way Apartments | 1-Bedroom/1-Bathroom | 1BR,1BA | $1.17 |
| Clover Patch Apartments | One Bedroom | 1BR,1BA | $1.52 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.35 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
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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 51 Apartments for Rent in Lanesboro, MN with pricing that ranges from $450 to $3,590. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lanesboro ranging from $1,100 to $6,000.
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 $1,100 to $6,000 with an average monthly rent of $2,282.
How much are larger Three and Four Bedroom Rentals in Lanesboro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lanesboro range from $895 to $2,795, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,395.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.