
Cheap Apartments for Rent in Minnesota Lake, MN from $675 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in Minnesota Lake.


214 4th Ave

A-Lea Apartments

CityView Apartments

114 W 14th St

F and H Apartments

Skye Lofts Apartments

312 1st Ave SW

Glenwood Terrace

Valley View Apartments
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.

Total Monthly Price
Village Court Apartments

Total Monthly Price
The Grove at Mankato

Total Monthly Price
River Bluff Apartments

Key City Group, LLC (BT)

201 Pilgrim St

Total Monthly Price
Highland Hills Apartments

Southwood Flats

Country Gardens

Halter Vista Apartments

Gray Hawk 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.

Skyway Properties LLC

Total Monthly Price
Hoover Estates

Cherry Square

Total Monthly Price
The Edge Apartments

Total Monthly Price
Augusta Park Estates

Victory Ridge Apartments

South Pointe Apartments

Huntington Hills Apartments & Townhomes

South Pointe II Apartments

Total Monthly Price
The Alma
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.

Total Monthly Price
West Lake Meadows

Cedar Meadow Apartments

Lewis Lofts

Meadow Bloom Apartments

107 Main St E

Blue Ridge Apartments & Townhomes

101 N Mill St

Kee Valley Apartments

Bricelyn Plaza

Autumn Glen Townhomes
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.

Cherry Ridge Apartments

Knollcrest

107 S 5th St

815 N 4th St

930 S Broadway Ave

325.5 McKinley Ave

701 Water St

Rita Road

Pfau Reed Apartments

1111 4th St NW
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.
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 | $1,130 | $700 | $1,315 |
| Minnesota Lake 1 Bedroom Apartments | $1,253 | $675 | $2,155 |
| Minnesota Lake 2 Bedroom Apartments | $1,375 | $722 | $2,150 |
| Minnesota Lake 3 Bedroom Apartments | $1,573 | $925 | $2,415 |
| 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
- Local Counties
- 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 F and H Apartments priced from $825. 114 W 14th St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $825. Here is today’s list of the most affordable Minnesota Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| 114 W 14th St | 2 bed unit interior | 2BR,1BA | $825 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| Village Court Apartments | 1 Bed, 1 Bath (original) | 1BR,1BA | $928 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $985 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $995 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $995 |
| 201 Pilgrim St | 1 Bedroom | 1BR,1BA | $1,000 |
| Valley View Apartments | Two Bedroom | 2BR,1BA | $1,000 |
| Highland Hills Apartments | Evergreen Terrace | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Minnesota Lake, MN and Nearby
As of August 29, 2026 the best value apartment in the Minnesota Lake area is the $1.10 price per square foot 2BR/1.5BA Model at Skye Lofts Apartments in the starting from $1,500. The second greatest value Minnesota Lake apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,525 with a $1.19 price per square foot in the City Center Mankato neighborhood. 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. |
|---|---|---|---|
| Skye Lofts Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.10 |
| Dublin Road Townhomes | 3 Bedroom 1.5 Bath Affordable | 3BR,1.5BA | $1.19 |
| The Edge Apartments | Two Bedroom | 2BR,1BA | $1.21 |
| Halter Vista Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.15 |
| Key City Group, LLC (BT) | 2BR/1.0BA | 2BR,1BA | $1.12 |
| Glenwood Terrace | 2 BR/ 1 BA | 2BR,1BA | $1.19 |
| Cherry Ridge Apartments | Tax Credit | 2BR,1BA | $1.21 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.73 |
| 114 W 14th St | 2 bed unit interior | 2BR,1BA | $1.21 |
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
How much is rent for a Cheap One Bedroom Minnesota Lake Apartment?
The lowest price for a Cheap One Bedroom Minnesota Lake Apartment is $825 at F and H Apartments.
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 $825 at 114 W 14th St.
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 $1,199.
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.