2700 Rosalyn Ct
MinneapolisMN55427
Cheap Homes for Rent in Medicine Lake, MN from $1,200 (4 Rentals)
Search the lowest-cost Homes available for rent right now in Medicine Lake.
2720 Rosalyn Ct
New HopeMN55427
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.
2335 Hemlock Ln N
PlymouthMN55441
10840 Rockford Rd, Unit Apt 203
10840 Rockford Rd
PlymouthMN55442
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.
Showing Results 1-4, Page 1 of 1
Medicine Lake, MN Local Guide
Minnesota Flags by Tony Webster is licensed under CC BY 2.0
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 | $1,785 | $1,395 | $2,300 |
| Medicine Lake 3 Bedroom Homes for Rent | $2,743 | $1,950 | $6,995 |
| Medicine Lake 4 Bedroom Homes for Rent | $4,298 | $1,950 | $8,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Medicine Lake
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Medicine Lake, MN Local Guide
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Best Value Apartments for Rent in Medicine Lake, MN and Nearby
As of May 23, 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 The Blue Jay Model at Shelard Village Apartments starting at $1,680 with a $1.64 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 |
| Shelard Village Apartments | The Blue Jay | 2BR,2BA | $1.64 |
| Westwind Apartments | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.59 |
| Avana Minnetonka | A1A | 1BR,1BA | $1.40 |
| 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 | A1 | 1BR,1BA | $1.48 |
| 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.
Read Article
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.
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.
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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 64 Apartments for Rent in Medicine Lake, MN with pricing that ranges from $1,099 to $11,286. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medicine Lake ranging from $1,275 to $8,995.
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 $1,275 to $8,995 with an average monthly rent of $2,552.
How much are larger Three and Four Bedroom Rentals in Medicine Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Medicine Lake range from $1,643 to $11,191, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $3,100.
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.