
Cheap Apartments for Rent in Lester Prairie, MN from $600 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Lester Prairie.


Howard Lake Apartments

45 N High Dr NW

Parkview Apartments

907 Dale St Apartments

Cedar Acres Apartments

Town's Edge Estates

Country Club Manor

Prairie Village

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Regency Apartments
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.

Highfield Apartments

Solace on Lake Minnetonka

Carver Place

Bayview Apartments

Riverwalk Apartments

Shoreline Place

Winsted Fields Apartments

Parkview Terrace

Lakecrest Village

Langdon Lake Apartments
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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Dockside Apartments & Boat Slips - Lake Minnetonka

Minnetonka Edgewater Apartments and Boat Slips

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Ward Rentals in Hutchinson

Village Place Apartments of Buffalo

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Barbary Knoll Apartments

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The Otto

Harbor District Apartments

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Lake Jonathan Flats

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Fenview Flats

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Springs at McKnight Lake
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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Rowe

Highland Shores Apartments

The Uptown Apartments

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The Carver Apartments

Granite Works Apartments

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Juniper

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Wilford - NOW OPEN!

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Olivine Apartments - Now Open!

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Victoria Flats

821 7th Ave NW
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.

Autumn Glen Apartments

Linden Wood Apartments

803 W Main St

Mansard Apartments

8330 Cedar St

Bryant Wood Apartments

226 3rd Ave S

9080 County Road 50

Deer Run Apartments

Young America Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Lester Prairie, MN Local Guide

How much does it cost to rent an apartment in Lester Prairie?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lester Prairie Studio Apartments | $1,549 | $1,020 | $1,833 |
| Lester Prairie 1 Bedroom Apartments | $1,674 | $655 | $2,563 |
| Lester Prairie 2 Bedroom Apartments | $2,046 | $695 | $3,318 |
| Lester Prairie 3 Bedroom Apartments | $2,238 | $1,145 | $3,469 |
Browse Top Apartments in Lester Prairie
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Lester Prairie, MN Local Guide
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Cheapest Available Lester Prairie Apartments for Rent and Nearby
 The cheapest available apartment rental in Lester Prairie, MN is a 1 Bed unit found at Cedar Acres Apartments in the Downtown Hutchinson neighborhood priced from $875. Town's Edge Estates has the second lowest priced unit, which is a 1 Bed apartment currently listed from $885. Here is today’s list of the most affordable Lester Prairie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $875 |
| Town's Edge Estates | 1 Bedroom/1 Bath | 1BR,1BA | $885 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1BA | $900 |
| Country Club Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1,035 |
| Riverwalk Apartments | 1 bedroom 1 bath | 1BR,1BA | $1,100 |
| Winsted Fields Apartments | C-2 ADA | 1BR,1BA | $1,125 |
| Highfield Apartments | 1 BR 1 BA 3 Story | 1BR,1BA | $1,150 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Dockside Apartments & Boat Slips - Lake Minnetonka | The Marina | 1BR,1BA | $1,205 |
Best Value Apartments for Rent in Lester Prairie, MN and Nearby
As of June 22, 2026 the best value apartment in the Lester Prairie area is the $1.00 price per square foot 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace in the in the Highland Shores neighborhood starting from $1,520. The second greatest value Lester Prairie apartment is the Floorplan A Model at Highland Shores Apartments starting at $1,915 with a $1.54 price per square foot in the The Preserve neighborhood. Here is today’s list of the best values for Lester Prairie apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.54 |
| Ward Rentals in Hutchinson | 3 Bed 1 Bath Upper Level Classic | 3BR,1BA | $1.40 |
| Barbary Knoll Apartments | 1 bd + Den Balcony | 1BR,1BA | $1.43 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1.5BA | $1.06 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Country Club Manor | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.36 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
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 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
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 Lester Prairie, MN Rentals by Map
See the most popular apartments and homes in Lester Prairie, MN
Frequently Asked Questions about Cheap Lester Prairie Apartments
What is the Cheapest Studio apartment in Lester Prairie?
Currently the most affordable Cheap Studio Apartment in Lester Prairie is at Lake Jonathan Flats listed at $1,433.
How much is rent for a Cheap One Bedroom Lester Prairie Apartment?
The lowest price for a Cheap One Bedroom Lester Prairie Apartment is $875 at Cedar Acres Apartments.
What is the lowest price for a Cheap Two Bedroom Lester Prairie Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lester Prairie is starting from $900 at 907 Dale St Apartments.
What is the most affordable Lester Prairie Three Bedroom Apartment?
The best deal on a cheap Lester Prairie Three Bedroom Apartment rental is at Town's Edge Estates and starts from $1,145.
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

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.