633 S 2nd St
MankatoMN56001
Cheap Homes for Rent in Madison Lake, MN from $600 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Madison Lake.
114 Lynn Ln
MankatoMN56001
47 Wood Dr
MankatoMN56001
123 Jaybee Ln
MankatoMN56001
109 Maple Dr
MankatoMN56001
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.
121 Lynn Ln
MankatoMN56001
152 Lynn Ln
MankatoMN56001
21 Wood Dr
MankatoMN56001
121 Maple Dr
MankatoMN56001
141 Lynn Ln
MankatoMN56001
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.
203 Karu Dr
MankatoMN56001
103 Maple Dr
MankatoMN56001
121 Jaybee Ln
MankatoMN56001
156 Lynn Ln
MankatoMN56001
127 Laurinda Ln
MankatoMN56001
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.
305 Louva Ln
MankatoMN56001
Showing Results 1-16, Page 1 of 1
Madison Lake, MN Local Guide
Jucy Lucy by Albert Leung is licensed under CC BY 2.0
How much does it cost to rent a home in Madison Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Madison Lake 2 Bedroom Homes for Rent | $1,416 | $1,190 | $1,750 |
| Madison Lake 3 Bedroom Homes for Rent | $1,621 | $1,200 | $2,785 |
| Madison Lake 4 Bedroom Homes for Rent | $2,086 | $1,300 | $2,900 |
| Madison Lake 5 Bedroom Homes for Rent | $2,796 | $2,595 | $3,050 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Madison Lake
Explore Madison Lake
Madison Lake, MN Local Guide
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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 Highland Hills Apartments in the University neighborhood priced from $750. Le Sueur Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Madison Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland Hills Apartments | Studio | Studio,1BA | $750 |
| Le Sueur Apartments | 1 Bedroom | 1BR,1BA | $895 |
| Tiller+Main | Studio | Studio,1BA | $900 |
| College Station | 1 Bedroom | 1BR,1BA | $931 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $950 |
Best Value Apartments for Rent in Madison Lake, MN and Nearby
As of November 02, 2025 the best value apartment in the Madison Lake area is the $1.19 price per square foot Fox Run Townhomes 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 Model at 442 Belgrade Ave starting at $1,500 with a $0.94 price per square foot in the City Center Mankato 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 | Fox Run Townhomes | 3BR,2.5BA | $1.19 |
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.94 |
| Wolf Point Townhomes | Three Bedroom | 3BR,2.5BA | $1.28 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.14 |
| Augusta Commons | 3 Bedroom 2 Bath | 3BR,2BA | $1.27 |
| Autumn Wind Townhomes | Three Bedroom | 3BR,1.5BA | $1.27 |
| Knollcrest | 2 bed | 2BR,1BA | $1.11 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.14 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.27 |
| Bunting Lane Apartments | Two Bed | 2BR,1BA | $0.82 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read Article
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 ArticleThe 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 ArticleQuick Rent Budget Calculator
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See the most popular apartments and homes in Madison Lake, MN
Frequently Asked Questions about Madison Lake
What type of rentals are currently available in Madison Lake?
There are currently 62 Apartments for Rent in Madison Lake, MN with pricing that ranges from $750 to $2,830. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Madison Lake ranging from $695 to $3,050.
What is the current price range for Rental Homes in Madison Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Madison Lake ranges from $695 to $3,050 with an average monthly rent of $1,770.
How much are larger Three and Four Bedroom Rentals in Madison Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Madison Lake range from $1,299 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,785. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,600.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.