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$735 - $1,175
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowVillage Place Apartments
100-104 Thomas DrMankato, MN 56001
Cheap Apartments for Rent in Madison Lake, MN from $700 (41 Rentals)
Search the lowest-cost Apartments available for rent right now in Madison Lake.
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$750 - $1,980
Plus Fees12 Month Lease Term
Studio to 5 Bedroom Apartments Contact Us For AvailabilityHighland Hills Apartments
1340 Warren StMankato, MN 56001
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$784 - $1,182
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLewis Lofts
209 Dewey StMankato, MN 56001
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$880 - $985
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowGlenwood Terrace
107-115 Parkway AveMankato, MN 56001
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$895 - $1,020
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLe Sueur Apartments
411 N 3rd St NLe Sueur, MN 56058
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$900 - $1,175
Plus Fees
Studio to 1 Bedroom Apartments Available Apr 1Tiller+Main
101 Main StLe Sueur, MN 56058
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$995 - $1,295
Plus Fees
1 to 2 Bedroom Apartments Available NowCherry Square
500 S 2nd StMankato, MN 56001
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$1,000 - $1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRita Road
188-192 Rita RdMankato, MN 56001
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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$1,010 - $1,615
Plus Fees12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowWoodside Apartments
161-351 E Roosevelt CirMankato, MN 56001
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$1,011 - $1,511
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiver Bluff Apartments
405 N 5th StMankato, MN 56001
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$1,020 - $1,100
Plus Fees12 Month Lease Term
2 Bedroom Apartments Contact Us For AvailabilityGray Hawk Apartments
160-180 Homestead RdMankato, MN 56001
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$1,028 - $1,199
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Court Apartments
1620 Village CtNorth Mankato, MN 56003
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$1,030 - $1,450
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTown's Edge Place Apartments
851 Faribault RdFaribault, MN 55021
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$1,065
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityHoover Estates
1866 Lee BlvdNorth Mankato, MN 56003
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$1,075 - $1,500
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowGreenfield Estates I & II
870-880 Kingsway DrLe Sueur, MN 56058
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$1,084 - $1,484
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Studio to 3 Bedroom Apartments Available NowOhana Apartments-Rent Special!
2040 Prairie Rose DrMankato, MN 56001
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.
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$1,100
Plus Fees12 Month Lease Term
Studio Apartments Contact Us For AvailabilitySkyway Property Holdings, LLC - (Studio 5)
507 N Riverfront DrMankato, MN 56001
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$1,106 - $1,672
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For AvailabilityPhilipp Square Senior Apartments 55+
116 1st Ave NWNew Prague, MN 56071
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$1,114 - $1,364
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowSouthwood Flats
520 James AveMankato, MN 56001
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$1,120 - $1,850
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowRiverfront Court
115 S Riverfront DrMankato, MN 56001
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$1,131
Total Monthly Price12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,101
Required Monthly Fees
$30
Total Monthly Price
$1,131
The Alma
105 E Walnut StMankato, MN 56001
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$1,150 - $2,950
Plus Fees12 Month Lease Term
2 to 5 Bedroom Apartments Available NowHuntington Hills Apartments & Townhomes
744 James AveMankato, MN 56001
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$1,175
Plus Fees
1 Bedroom Apartments Available NowTraverse Green West
2021 Clark StSt. Peter, MN 56082
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$1,190 - $1,525
Plus Fees
2 to 3 Bedroom Apartments Available NowDublin Road Townhomes
304-306 Dublin CtMankato, MN 56001
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,195 - $1,899
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowAugusta Park Estates
1690 Premier DrMankato, MN 56001
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$1,214 - $1,589
Plus Fees
1 to 3 Bedroom Apartments Available NowLegacy Park Estates
100 Dublin CtMankato, MN 56001
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Rent Specials
$1,225 - $1,520
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowCreekside Townhomes
140 Garrison PathEagle Lake, MN 56024
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Rent Specials
$1,261 - $1,311
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available May 8The Edge Apartments
1902 Warren StMankato, MN 56001
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Rent Specials
$1,265 - $1,545
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Forde
1111 Range StNorth Mankato, MN 56003
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Rent Specials
$1,295 - $1,495
Plus Fees
2 Bedroom Apartments Available NowCapital Lofts
970 N 3rd StSt. Peter, MN 56082
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$1,300 - $1,500
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCardinal Creek Apartments
111 Redtail CtMankato, MN 56001
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1 to 3 Bedroom Apartments
442 Belgrade Ave
442 Belgrade AveNorth Mankato, MN 56003
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
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1 to 3 Bedroom Apartments
Autumn Glen Townhomes
801-805 N West StJanesville, MN 56048
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2 Bedroom Apartments
Knollcrest
120-122 Knollcrest DrMankato, MN 56001
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2 Bedroom Apartments
201 Pilgrim St
201 Pilgrim StSaint Clair, MN 56080
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1 to 3 Bedroom Apartments
Cherry Ridge Apartments
101 Glenwood AveMankato, MN 56001
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Studio to 2 Bedroom Apartments
107 S 5th St
107 S 5th StMankato, MN 56001
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2 Bedroom Apartments
Pfau Reed Apartments
610-620 Reed StMankato, MN 56001
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2 to 3 Bedroom Apartments
Northgate Townhomes
1010 Jace DrMankato, MN 56001
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1 to 3 Bedroom Apartments
Dublin Heights
1010 Patriot CtMankato, MN 56001
Navigating 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.
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2 Bedroom Apartments
Haughton Estates
1915 Haughton AveNorth Mankato, MN 56003
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Madison Lake, MN Local Guide
Jucy Lucy by Albert Leung is licensed under CC BY 2.0
How much does it cost to rent an apartment in Madison Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Lake Studio Apartments | $1,024 | $735 | $1,295 |
| Madison Lake 1 Bedroom Apartments | $1,353 | $784 | $2,150 |
| Madison Lake 2 Bedroom Apartments | $1,556 | $985 | $2,396 |
| Madison Lake 3 Bedroom Apartments | $1,850 | $1,349 | $2,830 |
| Madison Lake 4 Bedroom Apartments | $1,854 | $1,780 | $1,980 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Madison Lake
See all Apartments in Madison LakeExplore Madison Lake
Madison Lake, MN Local Guide
- Nearby Cities
- ZIP codes
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Cheapest Available Madison Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Madison Lake, MN is a Studio unit found at Village Place Apartments in the University neighborhood priced from $735. Lewis Lofts in the University neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $784. Here is today’s list of the most affordable Madison Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Place Apartments | Studio | Studio,1BA | $735 |
| Lewis Lofts | 1a1t | 1BR,1BA | $784 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Cherry Square | 1 Bedroom | 1BR,1BA | $995 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1,000 |
| Woodside Apartments | Studio | Studio,1BA | $1,010 |
| River Bluff Apartments | One Bedroom | 1BR,1BA | $1,011 |
| Village Court Apartments | 2 Bed, 1 Bath (original) | 2BR,1BA | $1,028 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
Best Value Apartments for Rent in Madison Lake, MN and Nearby
As of March 10, 2026 the best value apartment in the Madison Lake area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Madison Lake apartment is the Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 price per square foot in the University neighborhood. Here is today’s list of the best values for Madison Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fox Run Townhomes | 3 bed 2.5 bath (Exterior) | 3BR,2.5BA | $1.19 |
| Sibley Village Townhomes | Three Bedroom One Half Bathroom | 3BR,1.5BA | $1.16 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.17 |
| Fox Meadows Townhomes | Three Bed - Market | 3BR,1.5BA | $1.34 |
| Legacy Park Estates | Three Bedroom 1.75 Bathroom | 3BR,1.75BA | $1.22 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| Riverfront Court | Three Bedroom Two Bath | 3BR,2BA | $1.36 |
| Rita Road | 2 Bed 1 Bath | 2BR,1BA | $1.18 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Lewis Lofts | 1a1t | 1BR,1BA | $1.27 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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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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.
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See the most popular apartments and homes in Madison Lake, MN
Frequently Asked Questions about Cheap Madison Lake Apartments
What is the Cheapest Studio apartment in Madison Lake?
Currently the most affordable Cheap Studio Apartment in Madison Lake is at Village Place Apartments listed at $735.
How much is rent for a Cheap One Bedroom Madison Lake Apartment?
The lowest price for a Cheap One Bedroom Madison Lake Apartment is $784 at Lewis Lofts.
What is the lowest price for a Cheap Two Bedroom Madison Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Madison Lake is starting from $1,000 at Rita Road.
What is the most affordable Madison Lake Three Bedroom Apartment?
The best deal on a cheap Madison Lake Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,349.
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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.