
Cheap Apartments for Rent in Pequot Lakes, MN from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Pequot Lakes.


Colonywood

Bonneywoode Arms Apartments

Oakcrest Manor Apartments

Sebeka Housing
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.

Park Rapids Apartments

McKay Apartments

Canal Apartments

McCarthy Apartments

Osakis Community Manor
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.

Village Green Apartments

Willow Square

Greenleaf Apartments

Avonlea Apartments

30 Graceson Ave S
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Meadowbrook Apartments
Pequot Lakes, MN Local Guide
How much does it cost to rent an apartment in Pequot Lakes?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pequot Lakes Studio Apartments | $956 | $775 | $1,175 |
| Pequot Lakes 1 Bedroom Apartments | $1,148 | $685 | $1,600 |
| Pequot Lakes 2 Bedroom Apartments | $1,400 | $700 | $2,120 |
| Pequot Lakes 3 Bedroom Apartments | $1,655 | $900 | $2,320 |
| Pequot Lakes 4 Bedroom Apartments | $1,612 | $1,193 | $1,850 |
Browse Top Apartments in Pequot Lakes
See all Apartments in Pequot LakesExplore Pequot Lakes
Pequot Lakes, MN Local Guide
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Cheapest Available Pequot Lakes Apartments for Rent and Nearby
 The cheapest available apartment rental in Pequot Lakes, MN is a 2 Beds unit found at Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood priced from $700. Oakcrest Manor Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Pequot Lakes apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bonneywoode Arms Apartments | 2 Bed | 2BR,1BA | $700 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $700 |
| McKay Apartments | Studio, 1 bath | Studio,1BA | $775 |
| CROSBY COUNTRY APARTMENTS | Lg Studio | Studio,1BA | $845 |
| Parkview Housing | 1 Bedroom | 1BR,1BA | $849 |
Best Value Apartments for Rent in Pequot Lakes, MN and Nearby
As of January 13, 2026 the best value apartment in the Pequot Lakes area is the $1.21 price per square foot E Model at Cypress Court Apartments in the in the Downtown Brainerd neighborhood starting from $1,360. The second greatest value Pequot Lakes apartment is the 2 Beds, 1 bath Model at Colonywood starting at $860 with a $0.79 price per square foot in the Downtown Brainerd neighborhood. Here is today’s list of the best values for Pequot Lakes apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Cypress Court Apartments | E | 2BR,1BA | $1.21 |
| Colonywood | 2 Beds, 1 bath | 2BR,1BA | $0.79 |
| Marsh Run Townhomes | Three-Bedroom | 3BR,1.5BA | $1.39 |
| Cardinal Pines Apartment Homes | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.43 |
| Cedar Street Complex | 2 Bedroom | 2BR,1BA | $1.56 |
| Sebeka Housing | Riverview 2 Bedroom | 2BR,1BA | $1.24 |
| 2nd Ave Apartments | B | 1BR,1BA | $1.50 |
| Fantastic 2-bedroom apartment | Fantastic 2-bedroom apt | 2BR,1BA | $1.32 |
| Oakcrest Manor Apartments | 1 Bedroom | 1BR,1BA | $1.12 |
| Parkview Housing | 1 Bedroom | 1BR,1BA | $1.36 |
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!
Explore Pequot Lakes, MN Rentals by Map
See the most popular apartments and homes in Pequot Lakes, MN
Frequently Asked Questions about Cheap Pequot Lakes Apartments
What is the Cheapest Studio apartment in Pequot Lakes?
Currently the most affordable Cheap Studio Apartment in Pequot Lakes is at McKay Apartments listed at $775.
How much is rent for a Cheap One Bedroom Pequot Lakes Apartment?
The lowest price for a Cheap One Bedroom Pequot Lakes Apartment is $700 at Oakcrest Manor Apartments.
What is the lowest price for a Cheap Two Bedroom Pequot Lakes Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pequot Lakes is starting from $700 at Bonneywoode Arms Apartments.
What is the most affordable Pequot Lakes Three Bedroom Apartment?
The best deal on a cheap Pequot Lakes Three Bedroom Apartment rental is at Marsh Run Townhomes and starts from $1,470.
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

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.

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!