
Cheap Apartments for Rent near Lyle, MN from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Lyle.


Key Apartments

18 S Adams Ave

Key West Apartments

105 Main St S

A-Lea Apartments

Flats on 21

CityView Apartments

Meadow Lake of Clear Lake 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.

Pebble Creek Apartments

City Center Kent Apartments

UNION HOUSE APARTMENTS

Skye Lofts Apartments

1200 Jade Apartments

Irish Hospital Apartments

Total Monthly Price
Northern Place Apartments

Pilgrim Place Senior Housing (62+)

The Delaware - Luxury Apartment's in Mason City!
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.

The Meadows

Webster Apartments

Total Monthly Price
Lincoln Apartments LLC

Federal Ave Rowhomes

Cottages of Stewartville

Total Monthly Price
Parkview Place

Dodger 56, LLC

The Park
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.

Total Monthly Price
Kodiak Apartments

Shalom Tower II

The Manor

107 Main St E

1203 D St

424 Bridge Ave

101 N Mill St

302 7th Ave

Grant Village
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.

303 Chestnut St

203 N 15th St

701 Water St

104 Main St S

930 S Broadway Ave

621 Oak St

1111 4th St NW

121 Main St S

912 2nd Ave NE
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.

1207 9th St NE
Lyle, MN Local Guide

How much does it cost to rent an apartment in Lyle?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lyle Studio Apartments | $1,149 | $500 | $1,430 |
| Lyle 1 Bedroom Apartments | $1,328 | $200 | $1,879 |
| Lyle 2 Bedroom Apartments | $1,603 | $800 | $2,279 |
| Lyle 3 Bedroom Apartments | $1,720 | $935 | $3,408 |
| Lyle 4 Bedroom Apartments | $1,718 | $937 | $2,500 |
Browse Top Apartments in Lyle
See all Apartments in LyleExplore Lyle
Lyle, MN Local Guide
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Cheapest Available Lyle Apartments for Rent and Nearby
 The cheapest available apartment rental in Lyle, MN is a 1 Bed unit found at Regency Apartments priced from $200. Key Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Lyle apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Regency Apartments | 1 BD | 1BR,1BA | $200 |
| Key Apartments | Efficiency | Studio,1BA | $500 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $525 |
| Key West Apartments | Studio | Studio,1BA | $550 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $800 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| Irish Hospital Apartments | 2BD/1BA | 2BR,1BA | $925 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $975 |
| The Delaware - Luxury Apartment's in Mason City! | Studio | Studio,1BA | $995 |
| Webster Apartments | Apt. 01 | 2BR,1BA | $1,035 |
Best Value Apartments for Rent in Lyle, MN and Nearby
As of August 27, 2026 the best value apartment in the Lyle area is the $1.20 price per square foot 2 Bedroom Plus Den Model at Stone Haven Townhomes in the starting from $2,045. The second greatest value Lyle apartment is the 2BR/1.5BA Model at Skye Lofts Apartments starting at $1,500 with a $1.10 price per square foot . Here is today’s list of the best values for Lyle apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Stone Haven Townhomes | 2 Bedroom Plus Den | 2BR,2.5BA | $1.20 |
| Skye Lofts Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.10 |
| Crystal Bay Townhomes | Lafayette | 2BR,1.5BA | $1.39 |
| UNION HOUSE APARTMENTS | 3 Bed 2 Bath | 3BR,2BA | $1.26 |
| Edge Apartments | Two Bedroom | 2BR,2BA | $1.31 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $1.08 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| City Center Kent Apartments | 1 Bedroom | 1BR,1BA | $1.33 |
| Regency Apartments | 1 BD | 1BR,1BA | $0.35 |
| 18 S Adams Ave | One Bedroom | 1BR,1BA | $0.95 |
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 Lyle, MN Rentals by Map
See the most popular apartments and homes in Lyle, MN
Frequently Asked Questions about Cheap Lyle Apartments
What is the Cheapest Studio apartment in Lyle?
Currently the most affordable Cheap Studio Apartment in Lyle is at Key Apartments listed at $500.
How much is rent for a Cheap One Bedroom Lyle Apartment?
The lowest price for a Cheap One Bedroom Lyle Apartment is $200 at Regency Apartments.
What is the lowest price for a Cheap Two Bedroom Lyle Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lyle is starting from $865 at CityView Apartments.
What is the most affordable Lyle Three Bedroom Apartment?
The best deal on a cheap Lyle Three Bedroom Apartment rental is at UNION HOUSE APARTMENTS and starts from $1,325.
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.

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.

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.
