119 Glenview Ave
MankatoMN56001
Cheap Homes for Rent near Mountain Lake, MN from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Mountain Lake.
104 W Main St
CottonwoodMN56229
270 US-59
FuldaMN56131
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
312 1st Ave SW
WinnebagoMN56098
212 Alta Dr
MankatoMN56001
561 S Elk St
Belle PlaineMN56011
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Showing Results 1-6, Page 1 of 1
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 | $1,506 | $950 | $2,095 |
| Mountain Lake 3 Bedroom Homes for Rent | $1,657 | $1,150 | $2,395 |
| Mountain Lake 4 Bedroom Homes for Rent | $1,948 | $1,500 | $2,295 |
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
Explore Mountain Lake
Mountain Lake, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 512 Vernon Ave priced from $595. 501 W 1st St S has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Mountain Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 512 Vernon Ave | One Bedroom | 1BR,1BA | $595 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $695 |
Best Value Apartments for Rent in Mountain Lake, MN and Nearby
As of August 08, 2026 the best value apartment in the Mountain Lake area is the $0.84 price per square foot 2BR/2.0BA Model at Windom Landing in the starting from $975. The second greatest value Mountain Lake apartment is the 1 Bed, 1 bath Model at Trimont Square Apartments starting at $935 with a $1.04 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 | 2BR/2.0BA | 2BR,2BA | $0.84 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| 512 Vernon Ave | Two Bedroom | 2BR,1BA | $0.87 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Bunting Lane Apartments | Individual Roommates Included! | 2BR,2BA | $0.66 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
| Village Place Apartments of Mankato | One Bedroom | 1BR,1BA | $0.98 |
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
Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read Article
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.
Let everyone know!
Do you know the Mountain Lake area?
If you’re an expert on all things Mountain Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 95 Apartments for Rent in Mountain Lake, MN with pricing that ranges from $595 to $2,350. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Lake ranging from $600 to $2,395.
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 $600 to $2,395 with an average monthly rent of $1,434.
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 $1,230 to $1,960, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,395. Four Bedroom Single-Family rentals are also available starting from $1,500 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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.