
Cheap Apartments for Rent near Medicine Lake, MN from $975 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Medicine Lake.


Four Seasons Villa

Crown Ridge Apartments

1304 W Medicine Lake Dr, Unit 117B

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Burgundy And Hillsboro

Lancaster Village Apartments

Four Seasons Estates

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Trentwood Apartments

Manor Royal Apartments
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

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Avana Minnetonka

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ReNew PARKone

1304 W Medicine Lake Dr

Westwind Apartments

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Willow Creek

11210 & 11215 12th Avenue

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Plymouth Pointe

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Shelard Village Apartments

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Arrive at Medicine Lake
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.

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Talus Apartment Homes

Hello Apartments

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Medicine Lake Apartments

10840 Rockford Rd

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Creekside Apartments

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The Axis

The Mera

35 Nathan Ln N, Unit 121

10720 Rockford Rd, Unit 208
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.

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Vale

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Wren on the Creek

1155 Ford Rd

Gates of New Hope

Element

2700 Rosalyn Ct

Wilshire Wood

Countryside Estates

Burgundy Apartments
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.

2730 Rosalyn Ct

10301 Cedar Lk Rd S

4350 Trenton Ln N

Presidential Estates Townhomes

RidgeGate Apartments

Birke

2800 Hillsboro Ave N

3335 Nevada Ave N

13465 60th Pl N
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.
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 | $1,374 | $1,000 | $1,763 |
| Medicine Lake 1 Bedroom Apartments | $1,847 | $1,099 | $10,000+ |
| Medicine Lake 2 Bedroom Apartments | $2,268 | $1,298 | $10,000+ |
| Medicine Lake 3 Bedroom Apartments | $4,147 | $1,978 | $10,000+ |
Browse Top Apartments in Medicine Lake
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Medicine Lake, MN Local Guide
- Nearby Cities
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Cheapest Available Medicine Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Medicine Lake, MN is a Studio unit found at Four Seasons Villa in the Becker neighborhood priced from $1,030. Crown Ridge Apartments in the Shelard Park neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here is today’s list of the most affordable Medicine Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Four Seasons Villa | Studio | Studio,1BA | $1,030 |
| Crown Ridge Apartments | Washington | 1BR,1BA | $1,099 |
| Burgundy And Hillsboro | A2 | 1BR,1BA | $1,101 |
| Trentwood Apartments | One Bedroom | 1BR,1BA | $1,188 |
| Manor Royal Apartments | a1h | 1BR,1BA | $1,200 |
| ReNew PARKone | Aquila | 1BR,1BA | $1,212 |
| Westwind Apartments | 1 Bedroom | 1BR,1BA | $1,255 |
| Willow Creek | Jefferson | Studio,1BA | $1,274 |
| Wilshire Wood | The Brittany | 1BR,1BA | $1,305 |
| Plymouth Pointe | A1 | 1BR,1BA | $1,336 |
Best Value Apartments for Rent in Medicine Lake, MN and Nearby
As of August 23, 2026 the best value apartment in the Medicine Lake area is the $1.68 price per square foot Westdale Model at ReNew PARKone in the in the Shelard Park neighborhood starting from $2,400. The second greatest value Medicine Lake apartment is the 2A, 2B Model at RidgeGate Apartments starting at $2,015 with a $1.60 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. |
|---|---|---|---|
| ReNew PARKone | Westdale | 3BR,2BA | $1.68 |
| RidgeGate Apartments | 2A, 2B | 2BR,2BA | $1.60 |
| Avana Minnetonka | B2M | 2BR,2BA | $1.46 |
| Plymouth Commons | 2x2 B | 2BR,2BA | $1.10 |
| Presidential Estates Townhomes | 2BR/2.0BA | 2BR,2BA | $1.30 |
| Arrive at Medicine Lake | 2 BR x 2 BA - A - Section 8 | 2BR,2BA | $1.39 |
| Plymouth Pointe | A1 | 1BR,1BA | $1.67 |
| Manor Royal Apartments | a1h | 1BR,1BA | $1.50 |
| Burgundy And Hillsboro | A1 | 1BR,1BA | $1.41 |
| Westwind Apartments | 1 Bedroom | 1BR,1BA | $1.66 |
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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Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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
What is the Cheapest Studio apartment in Medicine Lake?
Currently the most affordable Cheap Studio Apartment in Medicine Lake is at Four Seasons Villa listed at $1,030.
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 Crown Ridge Apartments and starts from $1,978.
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.