
Cheap Homes for Rent in Mountain Lake, MN from $1,000 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Mountain Lake.


418 Allan Ave

1611 5th Ave

127 Laurinda Ln

121 Lynn Ln

306 Louva Ln
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.

114 Lynn Ln

418 S 4th St

435 Lincoln Ave

106 Bardin Dr

142 Lynn Ln

235 Belgrade Ave
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.
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 | $1,531 | $1,050 | $1,925 |
| Mountain Lake 3 Bedroom Homes for Rent | $1,764 | $1,400 | $2,495 |
| Mountain Lake 4 Bedroom Homes for Rent | $1,856 | $1,779 | $1,995 |
| Mountain Lake 5 Bedroom Homes for Rent | $2,195 | $2,095 | $2,395 |
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. 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 |
Best Value Apartments for Rent in Mountain Lake, MN and Nearby
As of March 16, 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
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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 90 Apartments for Rent in Mountain Lake, MN with pricing that ranges from $607 to $2,820. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Lake ranging from $1,050 to $2,495.
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 $1,050 to $2,495 with an average monthly rent of $1,755.
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 $2,820, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,779 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

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.