Cheap Homes for Rent in Mountain Lake, MN from $600 (5 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
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 305 W Wenberg St

305 W Wenberg St

DunnellMN56127

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.

property at 301 S Prairie St

301 S Prairie St

SherburnMN56171
property at 520 N Grant St

520 N Grant St

Blue EarthMN56013

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.

property at 418 Allan Ave

418 Allan Ave

North MankatoMN56003

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. Deer Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $675. 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
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$675
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$701

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

As of November 06, 2025 the best value apartment in the Mountain Lake area is the $0.71 price per square foot 4 Bedroom - Lower Level Model at Windom Landing in the starting from $975. The second greatest value Mountain Lake apartment is the 3 Bedroom 1.5 Bath Affordable Model at Dublin Road Townhomes starting at $1,450 with a $1.14 price per square foot in the City Center Mankato 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.
Windom Landing4 Bedroom - Lower Level4BR,2BA$0.71
Dublin Road Townhomes3 Bedroom 1.5 Bath Affordable3BR,1.5BA$1.14
Lakeside ApartmentsE - 3 Bed Lakeview3BR,2BA$1.19
Deer Creek Apartments2 Bedroom 1 Bathroom Apartment2BR,1BA$1.15
1212 Heckman CtStudioStudio ,1BA$0.83
Rita Road2 Bed 1 Bath2BR,1BA$1.18
Bunting Lane ApartmentsTwo Bed2BR,1BA$0.82
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
Douglas Manor Apartments1BR/1BA1BR,1BA$0.90

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

Read Article
Decorative image

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
Decorative image

The 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 Article
Decorative image

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

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 75 Apartments for Rent in Mountain Lake, MN with pricing that ranges from $565 to $2,830. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Mountain Lake ranging from $650 to $3,050.

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 $650 to $3,050 with an average monthly rent of $1,777.

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 $2,830, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $2,785. Four Bedroom Single-Family rentals are also available starting from $1,200 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 Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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.