460 2nd St NW
PrimgharIA51245
Cheap Homes for Rent in Mountain Lake, MN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Mountain Lake.
301 S Park Ave
SpringfieldMN56087
235 Echo Cir SE
HutchinsonMN55350
103 Lincoln St
MankatoMN56001
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.
960 N 3rd St
St. PeterMN56082
319 E Main St
MankatoMN56001
121 Lynn Ln
MankatoMN56001
306 Louva 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.
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Mountain Lake, MN Local Guide
Winter Road by Derek Bakken is licensed under CC BY 2.0
How much does it cost to rent a home in Mountain Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mountain Lake 2 Bedroom Homes for Rent | $1,509 | $895 | $1,725 |
| Mountain Lake 3 Bedroom Homes for Rent | $1,688 | $1,100 | $2,495 |
| Mountain Lake 4 Bedroom Homes for Rent | $1,659 | $1,324 | $1,995 |
| Mountain Lake 5 Bedroom Homes for Rent | $3,495 | $3,495 | $3,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent 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. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $701. 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 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $701 |
Best Value Apartments for Rent in Mountain Lake, MN and Nearby
As of May 01, 2026 the best value apartment in the Mountain Lake area is the $0.66 price per square foot Three Bedroom Model at 442 Belgrade Ave in the in the City Center Mankato neighborhood starting from $1,050. The second greatest value Mountain Lake apartment is the Three Bedroom Model at Eagle Ridge Townhomes starting at $1,065 with a $0.79 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. |
|---|---|---|---|
| 442 Belgrade Ave | Three Bedroom | 3BR,2BA | $0.66 |
| Eagle Ridge Townhomes | Three Bedroom | 3BR,1.5BA | $0.79 |
| Windom Landing | 2 Bedroom - Lower Level ADA | 2BR,2BA | $0.89 |
| Parkview Apartments | 2 Beds, 1 bath | 2BR,1BA | $0.80 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| 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 |
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.
Read Article
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
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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 Mountain Lake
What type of rentals are currently available in Mountain Lake?
There are currently 92 Apartments for Rent in Mountain Lake, MN with pricing that ranges from $607 to $2,794. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Lake ranging from $895 to $3,495.
What is the current price range for Rental Homes in Mountain Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Mountain Lake ranges from $895 to $3,495 with an average monthly rent of $1,958.
How much are larger Three and Four Bedroom Rentals in Mountain Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Mountain Lake range from $965 to $2,794, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,324 and Four Bedroom Apartments start at $975.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.