Cheap Homes for Rent in Mountain Lake, MN from $800 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 97 9th St

97 9th St

WindomMN56101

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.

Read Article

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.

Read Article
Showing Results 1-6, Page 1 of 1

Mountain Lake, MN Local Guide

Cheapest Available Mountain Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Mountain Lake, MN is a 1 Bed unit found at Douglas Manor Apartments priced from $565. Eytcheson Estates Sherburn has the second lowest priced unit, which is a 2 Beds apartment currently listed from $700. Here is today’s list of the most affordable Mountain Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Douglas Manor Apartments1BR/1BA1BR,1BA$565
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Highland Hills ApartmentsStudioStudio,1BA$750

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

As of September 12, 2025 the best value apartment in the Mountain Lake area is the $1.20 price per square foot Three Bedroom Model at Timberwolf Townhomes in the in the University neighborhood starting from $1,850. The second greatest value Mountain Lake apartment is the Tax Credit Model at Cherry Ridge Apartments starting at $1,285 with a $0.93 price per square foot in the University neighborhood. Here is today’s list of the best values for Mountain Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Timberwolf TownhomesThree Bedroom3BR,2.5BA$1.20
Cherry Ridge ApartmentsTax Credit3BR,2BA$0.93
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Lakeside ApartmentsF - 3 Bed Lakeview3BR,2BA$1.18
1212 Heckman CtStudioStudio ,1BA$0.83
Glenwood Terrace2 BR/ 1 BA2BR,1BA$1.14
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
131 W 11th St1 Bedroom 1 Bath1BR,1BA$1.11
Douglas Manor Apartments1BR/1BA1BR,1BA$0.90

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.

decorative image of people with a giant lease agreement

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

Explore Mountain Lake, MN Rentals by Map

Decorative image of map

See the most popular apartments and homes in Mountain Lake, MN

View Map
Mountain Lake, MN Apartments Map
View Map
Mountain Lake, MN Rental Homes Map

Frequently Asked Questions about Mountain Lake

What type of rentals are currently available in Mountain Lake?

There are currently 73 Apartments for Rent in Mountain Lake, MN with pricing that ranges from $565 to $2,300. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Lake ranging from $850 to $4,000.

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 $850 to $4,000 with an average monthly rent of $1,688.

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 $725 to $2,300, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $975.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.