
Cheap Apartments for Rent in Medicine Lake, MN from $1,000 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Medicine Lake.


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Burgundy And Hillsboro

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Trentwood Apartments

Four Seasons Estates

Lancaster Village Apartments

Manor Royal Apartments

At The Lake

Four Seasons Villa
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.

Plymouth Commons

11210 & 11215 12th Avenue

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Plymouth Pointe

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Avana Minnetonka

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Willow Creek

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Shelard Village Apartments

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Talus Apartment Homes

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Medicine Lake Apartments
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.

Westwind Apartments

10840 Rockford Rd, Unit Apt 203

Arrive at Medicine Lake

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The Axis

Hello Apartments

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Creekside Apartments

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Mallard Creek

The Mera
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.

Gates of New Hope

Element

2700 Rosalyn Ct

Wilshire Wood

Countryside Estates

Burgundy Apartments

2720 Rosalyn Ct

2335 Hemlock Ln N
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.

RidgeGate Apartments
Medicine Lake, MN Local Guide

How much does it cost to rent an apartment in Medicine Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medicine Lake Studio Apartments | $1,726 | $1,687 | $1,765 |
| Medicine Lake 1 Bedroom Apartments | $1,771 | $1,099 | $7,056 |
| Medicine Lake 2 Bedroom Apartments | $2,347 | $1,250 | $10,000+ |
| Medicine Lake 3 Bedroom Apartments | $2,913 | $1,579 | $8,965 |
| Medicine Lake 4 Bedroom Apartments | $3,100 | $3,100 | $3,100 |
Browse Top Apartments in Medicine Lake
See all Apartments in Medicine LakeExplore Medicine Lake
Medicine Lake, MN Local Guide
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Cheapest Available Medicine Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Medicine Lake, MN is a 1 Bed unit found at Crown Ridge Apartments in the Shelard Park neighborhood priced from $1,099. Burgundy And Hillsboro in the Brookview neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,116. Here is today’s list of the most affordable Medicine Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | Washington | 1BR,1BA | $1,099 |
| Burgundy And Hillsboro | A2 | 1BR,1BA | $1,116 |
| Trentwood Apartments | One Bedroom | 1BR,1BA | $1,118 |
| Four Seasons Estates | 1 Bedroom | 1BR,1BA | $1,164 |
| Manor Royal Apartments | a1s | 1BR,1BA | $1,200 |
| At The Lake | 1 Bedroom | 1BR,1BA | $1,229 |
| Four Seasons Villa | 1BD | 1BR,1BA | $1,230 |
| Plymouth Pointe | A1 | 1BR,1BA | $1,281 |
| Countryside Estates | Greenwood | 1BR,1BA | $1,303 |
| Avana Minnetonka | A1E | 1BR,1BA | $1,339 |
Best Value Apartments for Rent in Medicine Lake, MN and Nearby
As of May 25, 2026 the best value apartment in the Medicine Lake area is the $1.57 price per square foot Three Bedroom Model at The Ridge Apartments in the in the Groveland neighborhood starting from $2,300. The second greatest value Medicine Lake apartment is the B2F Model at Avana Minnetonka starting at $1,781 with a $1.49 price per square foot in the Groveland neighborhood. Here is today’s list of the best values for Medicine Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Ridge Apartments | Three Bedroom | 3BR,2BA | $1.57 |
| Avana Minnetonka | B2F | 2BR,2BA | $1.49 |
| Shelard Village Apartments | The Blue Jay | 2BR,2BA | $1.64 |
| Westwind Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.59 |
| Four Seasons Villa | 1BD | 1BR,1BA | $1.37 |
| Four Seasons Estates | 1 Bedroom | 1BR,1BA | $1.35 |
| Manor Royal Apartments | a1s | 1BR,1BA | $1.50 |
| Plymouth Pointe | A1 | 1BR,1BA | $1.60 |
| Burgundy And Hillsboro | A2 | 1BR,1BA | $1.41 |
| At The Lake | 1 Bedroom | 1BR,1BA | $1.59 |
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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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 Medicine Lake, MN Rentals by Map
See the most popular apartments and homes in Medicine Lake, MN
Frequently Asked Questions about Cheap Medicine Lake Apartments
How much is rent for a Cheap One Bedroom Medicine Lake Apartment?
The lowest price for a Cheap One Bedroom Medicine Lake Apartment is $1,099 at Crown Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom Medicine Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Medicine Lake is starting from $1,298 at Trentwood Apartments.
What is the most affordable Medicine Lake Three Bedroom Apartment?
The best deal on a cheap Medicine Lake Three Bedroom Apartment rental is at Arrive at Medicine Lake and starts from $1,579.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.