Cheap Apartments for Rent in Medicine Lake, MN from $900 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Medicine Lake.

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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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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Gates of New Hope
1 Bedroom Apartments

Gates of New Hope

9390 Medicine Lake RdNew Hope, MN 55427
  • Utilities Included
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Element
1 to 3 Bedroom Apartments

Element

11229 State Hwy 55Plymouth, MN 55441
  • Utilities Included

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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Wilshire Wood
1 Bedroom Apartments

Wilshire Wood

10925 Wayzata BlvdHopkins, MN 55305
  • Utilities Included
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Burgundy Apartments
3 Bedroom Apartments

Burgundy Apartments

2901-2911 Hillsboro Ave NNew Hope, MN 55427
  • Utilities Included

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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Showing Results 1-29, Page 1 of 1

Medicine Lake, MN Local Guide

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 Burgundy And Hillsboro in the Brookview neighborhood priced from $1,050. Crown Ridge in the Shelard Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,100. Here is today’s list of the most affordable Medicine Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Burgundy And HillsboroA21BR,1BA$1,050
Crown Ridge2Bed 1Bath2BR,1BA$1,100
Trentwood ApartmentsOne Bedroom1BR,1BA$1,115
At The Lake1 Bedroom1BR,1BA$1,179
Four Seasons Villa1BD1BR,1BA$1,230
The Ridge ApartmentsOne Bedroom1BR,1BA$1,333
Talus ApartmentsOne Bedroom One Bath1BR,1BA$1,345
Plymouth PointeB12BR,1BA$1,380
11210 & 11215 12th Avenue2 Bedroom 1 Bathroom2BR,1BA$1,395
Willow CreekLincoln1BR,1BA$1,470

Best Value Apartments for Rent in Medicine Lake, MN and Nearby

As of June 20, 2025 the best value apartment in the Medicine Lake area is the $1.67 price per square foot B2WSH Model at Avana Minnetonka in the in the Groveland neighborhood starting from $2,402. The second greatest value Medicine Lake apartment is the 2A, 2B Model at RidgeGate Apartments starting at $2,115 with a $1.67 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Avana MinnetonkaB2WSH3BR,2.5BA$1.67
RidgeGate Apartments2A, 2B2BR,2BA$1.67
Medicine Lake ApartmentsBass & Northern2BR,2BA$1.54
Plymouth PointeB12BR,1BA$1.39
Crown Ridge2Bed 1Bath2BR,1BA$1.20
Four Seasons Villa1BD1BR,1BA$1.37
11210 & 11215 12th Avenue2 Bedroom 1 Bathroom2BR,1BA$1.64
The Ridge ApartmentsOne Bedroom1BR,1BA$1.68
Burgundy And HillsboroA21BR,1BA$1.33
At The Lake1 Bedroom1BR,1BA$1.52

Quick Rent Budget Calculator

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

Explore Medicine Lake, MN Rentals by Map

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See the most popular apartments and homes in Medicine Lake, MN

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Getting Around Medicine Lake, MN

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Medicine Lake Apartments

What is the Cheapest Studio apartment in Medicine Lake?

Currently the most affordable Cheap Studio Apartment in Medicine Lake is at The Mera listed at $1,665.

How much is rent for a Cheap One Bedroom Medicine Lake Apartment?

The lowest price for a Cheap One Bedroom Medicine Lake Apartment is $1,050 at Burgundy And Hillsboro.

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 $1,100 at Crown Ridge.

What is the most affordable Medicine Lake Three Bedroom Apartment?

The best deal on a cheap Medicine Lake Three Bedroom Apartment rental is at Avana Minnetonka and starts from $2,402.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.