Cheap Homes for Rent in Minnesota Lake, MN from $1,000 (6 Rentals)

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

property at 103 4th Ave SE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Apr 1

103 4th Ave SE

MapletonMN56065
property at 114 Lynn Ln

$1,169

Total Monthly Price

Total Monthly Price

Base Rent
$1,169

Total Monthly Price
$1,169

1 Bedroom, 1 Bath Home for Rent

Available Now

114 Lynn Ln

MankatoMN56001
property at 121 Lynn Ln

$1,239

Total Monthly Price

Total Monthly Price

Base Rent
$1,239

Total Monthly Price
$1,239

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Lynn Ln

MankatoMN56001

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.

property at 142 Lynn Ln

$1,290

Total Monthly Price

Total Monthly Price

Base Rent
$1,290

Total Monthly Price
$1,290

3 Bedroom, 2 Bath Home for Rent

Available Now

142 Lynn Ln

MankatoMN56001
property at 127 Laurinda Ln

$1,299

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 2 Bath Home for Rent

Available Now

127 Laurinda Ln

MankatoMN56001
property at 306 Louva Ln

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

3 Bedroom, 2 Bath Home for Rent

Available Now

306 Louva Ln

MankatoMN56001

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.

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 2 Beds unit found at Meadow Bloom Apartments priced from $607. CityView Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $650. Here is today’s list of the most affordable Minnesota Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Meadow Bloom Apartments2 Bedroom2BR,1BA$607
CityView ApartmentsStudioStudio,1BA$650
A-Lea ApartmentsB and C Buildings1BR,1BA$700

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

As of February 24, 2026 the best value apartment in the Minnesota Lake area is the $1.19 price per square foot 3 bed 2.5 bath (Exterior) Model at Fox Run Townhomes in the in the City Center Mankato neighborhood starting from $2,095. The second greatest value Minnesota Lake apartment is the Three Bedroom One Half Bathroom Model at Sibley Village Townhomes starting at $1,795 with a $1.16 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.
Fox Run Townhomes3 bed 2.5 bath (Exterior)3BR,2.5BA$1.19
Sibley Village TownhomesThree Bedroom One Half Bathroom3BR,1.5BA$1.16
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.17
Autumn Wind TownhomesThree Bedroom3BR,1.5BA$1.27
Pfau Reed Apartments2 Beds, 1 bath2BR,1BA$1.00
Rita Road2 Bed 1 Bath2BR,1BA$1.29
CityView Apartments2 bedroom2BR,1BA$1.08
Bunting Lane ApartmentsIndividual Roommates Included!2BR,2BA$0.92
Autumn Glen Townhomes1 Bedroom1BR,1BA$1.24
Lewis Lofts1a1t1BR,1BA$1.27

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
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

Read Article
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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Minnesota Lake

What type of rentals are currently available in Minnesota Lake?

There are currently 72 Apartments for Rent in Minnesota Lake, MN with pricing that ranges from $370 to $2,830. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in Minnesota Lake ranging from $1,034 to $2,495.

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 $1,034 to $2,495 with an average monthly rent of $1,594.

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 $450 to $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,290 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $445.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.