
Cheap Apartments for Rent in the Medicine Lake Neighborhood of Plymouth, MN from $900 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Medicine Lake area of Plymouth.


Lancaster Village Apartments

Total Monthly Price
Plymouth Pointe

Four Seasons Estates

CURRENTS

Four Seasons Villa

11210 & 11215 12th Avenue

Shenandoah Woods

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Willow Creek
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.

Manor Royal Apartments

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Plymouth Square

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Talus Apartment Homes

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Medicine Lake Apartments

Vicksburg Village

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Creekside Apartments

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The Axis

35 Nathan Ln N, Unit 121

Element
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.

Countryside Estates

Stonehill

Lakeview Commons

Parkers Lake

Crown Ridge Apartments

1304 W Medicine Lake Dr, Unit 117B

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Burgundy And Hillsboro

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ReNew PARKone

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Trentwood Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

1304 W Medicine Lake Dr

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Sunset Apartments

Westwind Apartments

400 Shelard Pkwy, Unit 203

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Avana Minnetonka

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Shelard Village Apartments

The Ensley

Hello Apartments

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Arrive Minnetonka
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.

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Vale

The Mera

Burgundy Apartments
Medicine Lake, Plymouth, MN Local Guide

How much does it cost to rent an apartment in Medicine Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medicine Lake Studio Apartments | $1,588 | $1,000 | $2,270 |
| Medicine Lake 1 Bedroom Apartments | $1,929 | $1,099 | $10,000+ |
| Medicine Lake 2 Bedroom Apartments | $2,523 | $1,310 | $10,000+ |
| Medicine Lake 3 Bedroom Apartments | $4,121 | $1,873 | $10,000+ |
Browse Apartments in this Neighborhood
There are currently 39 rentals with your search options within a 2 mile radius of the Medicine Lake Neighborhood of Plymouth, MN.
See all Apartments in PlymouthExplore Plymouth
Cheapest Available Medicine Lake Apartments for Rent
 The cheapest available apartment rental in the Medicine Lake area of Minneapolis, MN is a 1 Bed unit found at Crown Ridge Apartments priced from $1,099. Lancaster Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,118. Here are the most affordable Medicine Lake apartments for rent in Minneapolis, MN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crown Ridge Apartments | Washington | 1BR,1BA | $1,099 |
| Lancaster Village Apartments | 1 Bedroom | 1BR,1BA | $1,118 |
| Burgundy And Hillsboro | A2 | 1BR,1BA | $1,121 |
| Plymouth Pointe | A1 | 1BR,1BA | $1,161 |
| ReNew PARKone | Amhurst | Studio,1BA | $1,187 |
| Trentwood Apartments | One Bedroom | 1BR,1BA | $1,188 |
| CURRENTS | A | Studio,1BA | $1,225 |
| Four Seasons Villa | 1BD | 1BR,1BA | $1,230 |
| Sunset Apartments | SOL (1BD) | 1BR,1BA | $1,250 |
| Countryside Estates | Greenwood | 1BR,1BA | $1,313 |
Best Value Apartments for Rent in Medicine Lake, MN
As of August 15, 2026 the best value apartment in the Medicine Lake area is the $1.10 price per square foot 2x2 B Model at Plymouth Commons in the in the Forest neighborhood starting from $1,350. The second greatest value Medicine Lake apartment is the b1-2h Model at Manor Royal Apartments starting at $1,450 with a $1.21 price per square foot in the Becker neighborhood. Here is today’s list of the best values for Medicine Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Plymouth Commons | 2x2 B | 2BR,2BA | $1.10 |
| Manor Royal Apartments | b1-2h | 2BR,2BA | $1.21 |
| Avana Minnetonka | A1P | 1BR,2BA | $1.52 |
| Park Place Apartments | B1R | 2BR,2BA | $1.64 |
| Shelard Village Apartments | The Loon | 2BR,1.5BA | $1.62 |
| Plymouth Pointe | B1 | 2BR,1BA | $1.50 |
| Four Seasons Villa | 1BD | 1BR,1BA | $1.37 |
| Sunset Apartments | SOL (1BD) | 1BR,1BA | $1.56 |
| Burgundy And Hillsboro | A1 | 1BR,1BA | $1.45 |
| Lancaster Village Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
Frequently Asked Questions about Cheap Medicine Lake Apartments
What is the Cheapest Studio apartment in Medicine Lake?
Currently the most affordable Cheap Studio Apartment in Medicine Lake is at ReNew PARKone listed at $1,187.
How much is rent for a Cheap One Bedroom Medicine Lake Apartment?
The lowest price for a Cheap One Bedroom Medicine Lake Apartment is $1,099 at Crown Ridge Apartments.
What is the lowest price for a Cheap Two Bedroom Medicine Lake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Medicine Lake is starting from $1,298 at Trentwood Apartments.
What is the most affordable Medicine Lake Three Bedroom Apartment?
The best deal on a cheap Medicine Lake Three Bedroom Apartment rental is at Avana Minnetonka and starts from $1,885.
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.
Helpful Local Expert Guides

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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.

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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.

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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.