Cheap Homes for Rent near Medicine Lake, MN from $1,100 (13 Rentals)

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

property at 2700 Rosalyn Ct

$1,199

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,199

Total Monthly Price
$1,199

1 Bedroom, 1 Bath Home for Rent

Available Sep 10

2700 Rosalyn Ct

MinneapolisMN55427
property at 2730 Rosalyn Ct

$1,349

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,349

Total Monthly Price
$1,349

2 Bedroom, 1 Bath Home for Rent

Available Oct 10

2730 Rosalyn Ct

MinneapolisMN55427
property at 10301 Cedar Lk Rd S

$1,350 - $1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,350

Total Monthly Price
$1,350

1 To 2 Bedroom Rentals

Available Now

10301 Cedar Lk Rd S

MinnetonkaMN55305
property at 4350 Trenton Ln N

$1,395

Total Monthly Price

Total Monthly Price

Base Rent
$1,395

Total Monthly Price
$1,395

1 Bedroom, 1 Bath Condo for Rent

Available Sep 1

4350 Trenton Ln N

PlymouthMN55442

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.

property at 2800 Hillsboro Ave N

$1,649

Total Monthly Price

Total Monthly Price

Base Rent
$1,649

Total Monthly Price
$1,649

2 Bedroom Rentals

Available Now

2800 Hillsboro Ave N

MinneapolisMN55427
property at 35 Nathan Ln N

$1,690

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,690

Total Monthly Price
$1,690

2 Bedroom, 2 Bath Condo for Rent

Available Aug 31

35 Nathan Ln N, Unit 121

35 Nathan Ln N
PlymouthMN55441
property at 3335 Nevada Ave N

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

2 Bedroom, 1 Bath Home for Rent

Available Now

3335 Nevada Ave N

CrystalMN55427

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.

property at 13465 60th Pl N

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

2 Bedroom, 1 Bath Townhome for Rent

Available Now

13465 60th Pl N

MinneapolisMN55446

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 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 ListingModel NameBed/BathPriced From
Four Seasons VillaStudioStudio,1BA$1,030
Crown Ridge ApartmentsWashington1BR,1BA$1,099
Burgundy And HillsboroA21BR,1BA$1,106
Trentwood ApartmentsOne Bedroom1BR,1BA$1,188
Manor Royal Apartmentsa1h1BR,1BA$1,200

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

As of August 22, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
ReNew PARKoneWestdale3BR,2BA$1.68
RidgeGate Apartments2A, 2B2BR,2BA$1.60
Avana MinnetonkaB2M2BR,2BA$1.46
Plymouth Commons2x2 B2BR,2BA$1.10
Presidential Estates Townhomes2BR/2.0BA2BR,2BA$1.30
Arrive at Medicine Lake2 BR x 2 BA - A - Section 82BR,2BA$1.39
Manor Royal Apartmentsa1h1BR,1BA$1.50
Plymouth PointeA11BR,1BA$1.67
Burgundy And HillsboroA11BR,1BA$1.41
Westwind Apartments1 Bedroom1BR,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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Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters

Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.

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Real 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.

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

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Frequently Asked Questions about Medicine Lake

What type of rentals are currently available in Medicine Lake?

There are currently 61 Apartments for Rent in Medicine Lake, MN with pricing that ranges from $1,000 to $14,271. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medicine Lake ranging from $1,100 to $12,500.

What is the current price range for Rental Homes in Medicine Lake?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Medicine Lake ranges from $1,100 to $12,500 with an average monthly rent of $2,994.

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

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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.

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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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.