
Cheap Apartments for Rent in Mountain Lake, MN from $500 (57 Rentals)
Search the lowest-cost Apartments available for rent right now in Mountain Lake.


Deer Creek Apartments

Eytcheson Estates Sherburn

Eytcheson Estates Welcome

Total Monthly Price
Milwaukee Manor Apartments

Tallgrass Village Apartments & Townhomes

Highland Hills Apartments

1212 Heckman Ct

Lewis Lofts

Downtown 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.

Red Skye Lofts

Nobles Square Apartments

Okabena Tower 62+

Hartshorn Manor

Commerce Apartments

Glenwood Terrace

St. James Apartments

219 6th St SW

Valley View Apartments

The Shores at Spirit Lake
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.

Village Court Apartments

Trimont Square Apartments

Windom Landing

Ashley Estates

Highland Apartments

Cherry Square

South Shore Apartments

Sleepy Eye Apartments Homes

Village Place Apartments

Woodside Apartments
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.

River Bluff Apartments

Hoover Estates

Skyway Property Holdings, LLC - (Studio 5)

Rita Road

Sunrise Manor

Stately Manor Apartments

Southview Apartments

Tanglewood Estates

Westside Apartments

Pheasant Run Apartments
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.

Buffalo Ridge Apartments

Heritage Prairie

Fairview Apartments

River Ridge Apartments

Blue Ridge Apartments & Townhomes

131 W 11th St

442 Belgrade Ave

522 6th St Apartments

1170 Dewey St

River Bluff Townhomes
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.
Mountain Lake, MN Local Guide

How much does it cost to rent an apartment in Mountain Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mountain Lake Studio Apartments | $925 | $735 | $1,295 |
| Mountain Lake 1 Bedroom Apartments | $1,211 | $625 | $2,150 |
| Mountain Lake 2 Bedroom Apartments | $1,431 | $607 | $2,396 |
| Mountain Lake 3 Bedroom Apartments | $1,796 | $965 | $2,820 |
| Mountain Lake 4 Bedroom Apartments | $1,318 | $975 | $1,980 |
Browse Top Apartments in Mountain Lake
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Mountain Lake, MN Local Guide
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Cheapest Available Mountain Lake Apartments for Rent and Nearby
 The cheapest available apartment rental in Mountain Lake, MN is a 2 Beds unit found at Meadow Bloom Apartments priced from $607. Deer Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $625. Here is today’s list of the most affordable Mountain Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Meadow Bloom Apartments | 2 Bedroom | 2BR,1BA | $607 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $625 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
| Milwaukee Manor Apartments | 1 bed 1 bath | 1BR,1BA | $725 |
| 1212 Heckman Ct | Studio | Studio,1BA | $750 |
| Lewis Lofts | 1a1t | 1BR,1BA | $784 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $795 |
| Red Skye Lofts | 1 Bedroom | 1BR,1BA | $800 |
| Nobles Square Apartments | 1 Bedroom | 1BR,1BA | $805 |
Best Value Apartments for Rent in Mountain Lake, MN and Nearby
As of March 15, 2026 the best value apartment in the Mountain Lake area is the $0.84 price per square foot 2 Bedroom - Upper Level Model at Windom Landing in the starting from $975. The second greatest value Mountain Lake apartment is the Studio Model at 1212 Heckman Ct starting at $750 with a $0.83 price per square foot . Here is today’s list of the best values for Mountain Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 2 Bedroom - Upper Level | 2BR,2BA | $0.84 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Ashley Estates | 2 Bedroom | 2BR,2BA | $1.11 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Meadow Bloom Apartments | 2 Bedroom | 2BR,1BA | $0.79 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.92 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
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 ArticleThe 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.
Read ArticleCash 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 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 Mountain Lake, MN Rentals by Map
See the most popular apartments and homes in Mountain Lake, MN
Frequently Asked Questions about Cheap Mountain Lake Apartments
What is the Cheapest Studio apartment in Mountain Lake?
Currently the most affordable Cheap Studio Apartment in Mountain Lake is at 1212 Heckman Ct listed at $750.
How much is rent for a Cheap One Bedroom Mountain Lake Apartment?
The lowest price for a Cheap One Bedroom Mountain Lake Apartment is $625 at Deer Creek Apartments.
What is the lowest price for a Cheap Two Bedroom Mountain Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mountain Lake is starting from $607 at Meadow Bloom Apartments.
What is the most affordable Mountain Lake Three Bedroom Apartment?
The best deal on a cheap Mountain Lake Three Bedroom Apartment rental is at Nobles Square Apartments and starts from $965.
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

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.

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.

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.

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.