
Cheap Homes for Rent in Medicine Lake, MN from $1,000 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Medicine Lake.


2710 Rosalyn Ct

4011 Welcome Ave N
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.

2740 Rosalyn Ct

2740 Rosalyn Ct

2050 Ridge Dr
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.

9147 Olson Mem Hwy
Medicine Lake, MN Local Guide

How much does it cost to rent a home in Medicine Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Medicine Lake 2 Bedroom Homes for Rent | $1,764 | $1,395 | $2,500 |
Medicine Lake 3 Bedroom Homes for Rent | $2,280 | $1,800 | $2,649 |
Medicine Lake 4 Bedroom Homes for Rent | $2,913 | $2,300 | $3,500 |
Medicine Lake 5 Bedroom Homes for Rent | $4,323 | $3,846 | $4,800 |
Browse Top Homes for Rent in Medicine Lake
Explore 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 Burgundy And Hillsboro in the Brookview neighborhood priced from $1,095. Crown Ridge Apartments 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Burgundy And Hillsboro | A2 | 1BR,1BA | $1,095 |
Crown Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1,100 |
Four Seasons Villa | Studio | Studio,1BA | $1,150 |
Best Value Apartments for Rent in Medicine Lake, MN and Nearby
As of September 19, 2025 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 Elmwood Model at ReNew PARKone starting at $2,005 with a $1.57 price per square foot in the Shelard Park 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 |
ReNew PARKone | Elmwood | 2BR,2BA | $1.57 |
Avana Minnetonka | A1P | 1BR,2BA | $1.50 |
Shelard Village Apartments | The Cardinal | 2BR,2BA | $1.63 |
Wilshire Wood | The Jeanette | 2BR,1BA | $1.42 |
Westwind Apartments | 2 Bedroom 2 Bathroom Corner | 2BR,2BA | $1.67 |
Crown Ridge Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.20 |
Medicine Lake Apartments | Walleye | 1BR,1BA | $1.70 |
Burgundy And Hillsboro | A2 | 1BR,1BA | $1.39 |
At The Lake | 1 Bedroom | 1BR,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
See the most popular apartments and homes in Medicine Lake, MN
Frequently Asked Questions about Medicine Lake
What type of rentals are currently available in Medicine Lake?
There are currently 62 Apartments for Rent in Medicine Lake, MN with pricing that ranges from $1,018 to $6,362. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medicine Lake ranging from $1,000 to $4,800.
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 $1,000 to $4,800 with an average monthly rent of $2,309.
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.