Cheap Homes for Rent in Minnesota Lake, MN from $700 (19 Rentals)

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

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Minnesota Lake, MN Local Guide

Cheapest Available Minnesota Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Minnesota Lake, MN is a Studio unit found at CityView Apartments priced from $625. Bunting Lane Apartments in the University neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $682. Here is today’s list of the most affordable Minnesota Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
CityView ApartmentsStudioStudio,1BA$625
Bunting Lane ApartmentsRandom Roommate Included!2BR,2BA$682
Highland Hills ApartmentsElm Tree Court1BR,1BA$775
Skye Lofts Apartments1 Bedroom Unit1BR,1BA$790
442 Belgrade AveOne Bedroom1BR,1BA$875

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

As of June 04, 2025 the best value apartment in the Minnesota Lake area is the $1.36 price per square foot 2 Bedroom w/ Den Model at Skye Lofts Apartments in the starting from $1,900. The second greatest value Minnesota Lake apartment is the 2 Bedroom 1 Bath Model at Tartan Glen starting at $1,550 with a $1.22 price per square foot in the University neighborhood. Here is today’s list of the best values for Minnesota Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Skye Lofts Apartments2 Bedroom w/ Den2BR,1BA$1.36
Tartan Glen2 Bedroom 1 Bath2BR,1BA$1.22
Fox Meadows TownhomesThree Bed - Market3BR,1.5BA$1.34
Legacy Park EstatesThree Bedroom 1.75 Bathroom3BR,1.75BA$1.25
Riverfront CourtThree Bedroom Two Bath3BR,2BA$1.36
Cardinal Creek ApartmentsTwo Bedroom2BR,2BA$1.29
The Edge ApartmentsTwo Bedroom2BR,1BA$1.22
201 Pilgrim St2 Bedroom2BR,2BA$1.08
Cedar Meadow Apartments3BR3BR,1BA$1.35
Village Court Apartments2 Bed, 1 Bath (renovated)2BR,1BA$1.30

Quick 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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Frequently Asked Questions about Minnesota Lake

What type of rentals are currently available in Minnesota Lake?

There are currently 59 Apartments for Rent in Minnesota Lake, MN with pricing that ranges from $625 to $3,725. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnesota Lake ranging from $700 to $2,595.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Minnesota Lake ranges from $700 to $2,595 with an average monthly rent of $1,850.

How much are larger Three and Four Bedroom Rentals in Minnesota Lake?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Minnesota Lake range from $1,249 to $2,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,294 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,600.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.