
Cheap Apartments for Rent near Lester Prairie, MN from $600 (59 Rentals)
Search the lowest-cost Apartments available for rent right now in Lester Prairie.


Howard Lake Apartments

45 N High Dr NW

Autumn Glen Apartments

907 Dale St Apartments

Midway Apartments

Cedar Acres Apartments

Town's Edge Estates

Country Club Manor

Highfield Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Solace on Lake Minnetonka

Riverwalk Apartments

Bayview Apartments

Shoreline Place

Winsted Fields Apartments

Minnetonka Edgewater Apartments and Boat Slips

Lakecrest Village

Langdon Lake Apartments

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Ward Rentals in Hutchinson

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Dockside Apartments & Boat Slips - Lake Minnetonka
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.

Parkview Terrace

Prairie Village

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Barbary Knoll Apartments

Harbor District Apartments

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Lake Jonathan Flats

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Fenview Flats

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The Carver Apartments

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Springs at McKnight Lake

The Uptown Apartments

Highland Shores 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.

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Rowe

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Juniper

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Victoria Flats

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The Otto

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Olivine Apartments - Now Open!

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Wilford - NOW OPEN!

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AbleLight Village

1038 White Tail Ln

Parkview Apartments

Linden Wood 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.

Mansard Apartments

803 W Main St

Bryant Wood Apartments

Regency Apartments

9080 County Road 50

Deer Run Apartments

Young America Apartments

Carver Place

Panther Heights Apartments

Vista Ridge
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.
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 | $1,548 | $1,020 | $1,833 |
| Lester Prairie 1 Bedroom Apartments | $1,669 | $655 | $2,563 |
| Lester Prairie 2 Bedroom Apartments | $2,040 | $695 | $3,273 |
| Lester Prairie 3 Bedroom Apartments | $2,239 | $1,145 | $3,890 |
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 2 Beds unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $795. Autumn Glen Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Lester Prairie apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $795 |
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $800 |
| Midway Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| 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 |
| Highfield Apartments | 1 BR 1 BA 3 Story | 1BR,1BA | $1,150 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Lester Prairie, MN and Nearby
As of August 08, 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 1 bd + Den Balcony Model at Barbary Knoll Apartments starting at $1,386 with a $1.43 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 |
| 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 |
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $0.95 |
| 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 |
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $1.25 |
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 Springs at McKnight Lake listed at $1,455.
How much is rent for a Cheap One Bedroom Lester Prairie Apartment?
The lowest price for a Cheap One Bedroom Lester Prairie Apartment is $800 at Autumn Glen 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 $795 at Howard Lake 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

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.