Cheap Homes for Rent near Lester Prairie, MN from $1,200 (7 Rentals)

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

property at 604 White St SW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

604 White St SW

WatertownMN55388
property at 602 E 1st St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

602 E 1st St

WaconiaMN55387
property at 8551 Elm St

$1,675

Total Monthly Price

Total Monthly Price

Base Rent
$1,675

Total Monthly Price
$1,675

3 Bedroom, 1.5 Bath Home for Rent

Available Sep 10

8551 Elm St

RockfordMN55373

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.

property at 4040 North Shore Dr W

$1,700

Total Monthly Price

Total Monthly Price

Base Rent
$1,700

Total Monthly Price
$1,700

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

4040 North Shore Dr W

MinnetristaMN55364
property at 763 Rockford Ave E

$1,750

Total Monthly Price

Total Monthly Price

Base Rent
$1,750

Total Monthly Price
$1,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

763 Rockford Ave E

DelanoMN55328
property at 4407 Wilshire Blvd

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775

Total Monthly Price
$1,775

2 Bedroom Rentals

Available Now

4407 Wilshire Blvd

MoundMN55364

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.

property at 314 61st St

$2,095

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,095

Total Monthly Price
$2,095

3 Bedroom, 1 Bath Townhome for Rent

Available Aug 7

314 61st St

WaverlyMN55390

Lester Prairie, MN Local Guide

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. Midway Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Lester Prairie apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Howard Lake Apartments2 Bed2BR,1BA$795
Midway Apartments1 Bed, 1 bath1BR,1BA$825
Cedar Acres Apartments1 Bed, 1 bath1BR,1BA$875

Best Value Apartments for Rent in Lester Prairie, MN and Nearby

As of July 24, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Clover Field Marketplace2 Bedroom, Market Rate, Floorplan B2BR,1BA$1.00
Barbary Knoll Apartments1 bd + Den Balcony1BR,1BA$1.43
Riverwalk Apartments2 bedroom remodel2BR,1BA$1.44
Langdon Lake Apartments1 BR/1 BA1BR,1BA$1.36
907 Dale St Apartments2 Bedroom2BR,1.5BA$1.06
Howard Lake Apartments2 Bed2BR,1BA$0.95
Town's Edge Estates2 Bedroom/2 Bath S2BR,1BA$1.18
Parkview TerraceCorner, remodeled2BR,1BA$1.46
Cedar Acres Apartments1 Bed, 1 bath1BR,1BA$1.17
Country Club Manor1 Bedroom 1 Bathroom1BR,1BA$1.50

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.

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Real 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.

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

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Frequently Asked Questions about Lester Prairie

What type of rentals are currently available in Lester Prairie?

There are currently 70 Apartments for Rent in Lester Prairie, MN with pricing that ranges from $655 to $4,010. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lester Prairie ranging from $1,200 to $17,000.

What is the current price range for Rental Homes in Lester Prairie?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lester Prairie ranges from $1,200 to $17,000 with an average monthly rent of $5,753.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.