Cheap Homes for Rent in Pequot Lakes, MN from $600 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in Pequot Lakes.

property at 1005 S 6th St

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

Studio, 1 Bath Home for Rent

Available Now

1005 S 6th St

BrainerdMN56401
property at 1 N Maddy St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Condo for Rent

Available Jun 1

1 N Maddy St

McGregorMN55760

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 1819 Norwood St

$855

Total Monthly Price

Total Monthly Price

Base Rent
$855

Total Monthly Price
$855

3 Bedroom, 1 Bath Home for Rent

Available Jul 24

1819 Norwood St

BrainerdMN56401
property at 1234 28th St SE

$875

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 1

1234 28th St SE

BrainerdMN56401

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 409 Meadow Dr

$995

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Condo for Rent

Available Now

409 Meadow Dr, Unit #1, Unit #1

409 Meadow Dr
McGregorMN55760

Pequot Lakes, MN Local Guide

Cheapest Available Pequot Lakes Apartments for Rent and Nearby

 

The cheapest available apartment rental in Pequot Lakes, MN is a 1 Bed unit found at Oakcrest Manor Apartments in the Downtown Brainerd neighborhood priced from $727. Bonneywoode Arms Apartments in the Downtown Brainerd neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here is today’s list of the most affordable Pequot Lakes apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Oakcrest Manor Apartments1 Bedroom1BR,1BA$727
Bonneywoode Arms Apartments2 Bed2BR,1BA$795
Canal ApartmentsEfficiencyStudio,1BA$800

Best Value Apartments for Rent in Pequot Lakes, MN and Nearby

As of May 07, 2026 the best value apartment in the Pequot Lakes area is the $0.78 price per square foot 3 bedroom Model at Trail Ridge in the in the Downtown Brainerd neighborhood starting from $1,020. The second greatest value Pequot Lakes apartment is the Three Bedroom Townhouse w/One Garage Model at Crosby Country Apartments starting at $1,595 with a $1.35 price per square foot . Here is today’s list of the best values for Pequot Lakes apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Trail Ridge3 bedroom3BR,1.5BA$0.78
Crosby Country ApartmentsThree Bedroom Townhouse w/One Garage3BR,2.5BA$1.35
Central LakesC.32BR,2BA$1.35
Pine Grove Estates2 Bed Townhome 1 Level2BR,1BA$1.74
Marsh Run Townhomes2 Bedroom 2 Bath2BR,2BA$1.76
Town & Country2 Bed 1 Bath2BR,1BA$0.99
Cedar Street Complex2 Bedroom2BR,1BA$1.56
Oakcrest Manor Apartments1 Bedroom1BR,1BA$1.17
Lincoln ApartmentsLincoln Apartments2BR,1BA$1.81
Canal ApartmentsEfficiencyStudio ,1BA$1.78

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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Pequot Lakes

What type of rentals are currently available in Pequot Lakes?

There are currently 51 Apartments for Rent in Pequot Lakes, MN with pricing that ranges from $727 to $3,745. There are also 17 Single Family Homes for rent, Condos, and Townhome rentals currently available in Pequot Lakes ranging from $695 to $4,000.

What is the current price range for Rental Homes in Pequot Lakes?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Pequot Lakes ranges from $695 to $4,000 with an average monthly rent of $1,669.

How much are larger Three and Four Bedroom Rentals in Pequot Lakes?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Pequot Lakes range from $1,006 to $2,320, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,175 to $4,000. Four Bedroom Single-Family rentals are also available starting from $2,595 and Four Bedroom Apartments start at $1,193.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.