
Cheap Homes for Rent in Mountain Lake, MN from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Mountain Lake.


2009 Great Bend Blvd

105 S Lindberg Ave

524 N Grant St
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.

418 Allan Ave

114 Lynn Ln

907 Albion Ave

121 Lynn Ln
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.

15110 War Eagle Blvd
Mountain Lake, MN Local Guide

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 | $1,443 | $850 | $1,950 |
| Mountain Lake 3 Bedroom Homes for Rent | $1,955 | $1,225 | $3,500 |
| Mountain Lake 4 Bedroom Homes for Rent | $1,869 | $1,250 | $2,300 |
| Mountain Lake 5 Bedroom Homes for Rent | $2,897 | $2,745 | $3,050 |
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 1 Bed unit found at Trimont Square Apartments priced from $525. Meadow Bloom Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $607. Here is today’s list of the most affordable Mountain Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $525 |
| Meadow Bloom Apartments | 2 Bedroom | 2BR,1BA | $607 |
| Deer Creek Apartments | 1 Bed 1 Bath Apartment | 1BR,1BA | $635 |
Best Value Apartments for Rent in Mountain Lake, MN and Nearby
As of December 30, 2025 the best value apartment in the Mountain Lake area is the $0.94 price per square foot Three Bedroom Model at 442 Belgrade Ave in the in the City Center Mankato neighborhood starting from $1,500. The second greatest value Mountain Lake apartment is the 4 Bedroom - Upper Level Model at Windom Landing starting at $975 with a $0.68 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 | $0.94 |
| Windom Landing | 4 Bedroom - Upper Level | 4BR,2BA | $0.68 |
| Deer Creek Apartments | 3 Bedroom 1 Bathroom Apartment | 3BR,1BA | $1.12 |
| 131 W 11th St | 2 Bedroom 2 Bath | 2BR,2BA | $1.00 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $0.58 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| 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 |
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!
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Frequently Asked Questions about Mountain Lake
What type of rentals are currently available in Mountain Lake?
There are currently 84 Apartments for Rent in Mountain Lake, MN with pricing that ranges from $451 to $3,627. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Lake ranging from $850 to $3,500.
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 $3,500 with an average monthly rent of $1,866.
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 $885 to $3,530, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,250 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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!