
Cheap Apartments for Rent in Minnesota Lake, MN from $500 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Minnesota Lake.


Village Place Apartments of Mankato

A-Lea Apartments

CityView Apartments

Skye Lofts Apartments

F and H Apartments

442 Belgrade Ave

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Highland Hills Apartments

Glenwood Terrace

Valley View Apartments
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.

Kee Valley Apartments

Bricelyn Plaza

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Village Court Apartments

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River Bluff Apartments

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The Grove at Mankato

Cherry Ridge Apartments

Huntington Hills Apartments & Townhomes

Gray Hawk Apartments

Southwood Flats

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Hoover Estates
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.

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Woodside Apartments

Cherry Square

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The Edge Apartments

913 Abbott St, Unit 202

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Pfau Reed Apartments

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Augusta Park Estates

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West Lake Meadows

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The Alma

Lakeview Apartments

South Pointe Apartments
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Village Place Flats

Skyway Properties LLC

South Pointe II Apartments

Lewis Lofts

Meadow Bloom Apartments

207 E 4th St

Blue Ridge Apartments & Townhomes

Autumn Glen Townhomes

Knollcrest

201 Pilgrim St
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.

325 E Washington St

107 S 5th St

Rita Road

114 Lynn Ln

418 Allan Ave

103 Main St E

325.5 McKinley Ave

815 N 4th St

950 S 3rd Ave

121 Lynn Ln
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.
Minnesota Lake, MN Local Guide

How much does it cost to rent an apartment in Minnesota Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Minnesota Lake Studio Apartments | $1,103 | $700 | $1,315 |
| Minnesota Lake 1 Bedroom Apartments | $1,215 | $625 | $2,155 |
| Minnesota Lake 2 Bedroom Apartments | $1,357 | $865 | $2,025 |
| Minnesota Lake 3 Bedroom Apartments | $1,591 | $925 | $2,150 |
| Minnesota Lake 4 Bedroom Apartments | $1,880 | $1,780 | $1,980 |
Browse Top Apartments in Minnesota Lake
See all Apartments in Minnesota LakeExplore Minnesota Lake
Minnesota Lake, MN Local Guide
- Nearby Cities
- ZIP codes
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- School Districts
Cheapest Available Minnesota Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Minnesota Lake, MN is a 1 Bed unit found at Village Place Apartments of Mankato in the University neighborhood priced from $625. Skye Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Minnesota Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $625 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| 442 Belgrade Ave | One Bedroom | 1BR,1BA | $835 |
| Lewis Lofts | 1a1t | 1BR,1BA | $855 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| Glenwood Terrace | 1 BR/1 BA | 1BR,1BA | $880 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $900 |
| Bricelyn Plaza | One bedroom | 1BR,1BA | $900 |
| Kee Valley Apartments | 1 Bed, 1 bath | 1BR,1BA | $900 |
Best Value Apartments for Rent in Minnesota Lake, MN and Nearby
As of July 14, 2026 the best value apartment in the Minnesota Lake area is the $1.23 price per square foot New 3Br, 2.5 Bath @ Willow Cascades! Model at Willow Cascades Townhomes in the in the University neighborhood starting from $1,850. The second greatest value Minnesota Lake apartment is the 2 Bedroom Loft Model at Skye Lofts Apartments starting at $1,490 with a $1.09 price per square foot . Here is today’s list of the best values for Minnesota Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Willow Cascades Townhomes | New 3Br, 2.5 Bath @ Willow Cascades! | 3BR,2.5BA | $1.23 |
| Skye Lofts Apartments | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| Pfau Reed Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.02 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $0.94 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.30 |
| 442 Belgrade Ave | Two Bedroom | 2BR,1BA | $1.12 |
| Kee Valley Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.14 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $0.88 |
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 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 Minnesota Lake, MN Rentals by Map
See the most popular apartments and homes in Minnesota Lake, MN
Frequently Asked Questions about Cheap Minnesota Lake Apartments
What is the Cheapest Studio apartment in Minnesota Lake?
Currently the most affordable Cheap Studio Apartment in Minnesota Lake is at Woodside Apartments listed at $1,070.
How much is rent for a Cheap One Bedroom Minnesota Lake Apartment?
The lowest price for a Cheap One Bedroom Minnesota Lake Apartment is $625 at Village Place Apartments of Mankato.
What is the lowest price for a Cheap Two Bedroom Minnesota Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Minnesota Lake is starting from $865 at CityView Apartments.
What is the most affordable Minnesota Lake Three Bedroom Apartment?
The best deal on a cheap Minnesota Lake Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,299.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.