
Cheap Homes for Rent in the Medicine Lake Neighborhood of Plymouth, MN from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Medicine Lake area of Plymouth.

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.

1485 Evergreen Ln N
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.

2775 Kirkwood Ln N
Medicine Lake, Plymouth, MN Local Guide

How much does it cost to rent a home in Medicine Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Medicine Lake 2 Bedroom Homes for Rent | $2,299 | $2,299 | $2,299 |
| Medicine Lake 3 Bedroom Homes for Rent | $3,307 | $2,000 | $7,500 |
| Medicine Lake 4 Bedroom Homes for Rent | $2,928 | $2,795 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Medicine Lake Neighborhood of Plymouth, MN.
Explore Plymouth
Best Value Apartments for Rent in Medicine Lake, MN
As of July 12, 2026 the best value apartment in the Medicine Lake area is the $1.57 price per square foot Three Bedroom Model at The Ridge Apartments in the in the Groveland neighborhood starting from $2,300. The second greatest value Medicine Lake apartment is the b1s Model at Manor Royal Apartments starting at $1,425 with a $1.26 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. |
|---|---|---|---|
| The Ridge Apartments | Three Bedroom | 3BR,2BA | $1.57 |
| Manor Royal Apartments | b1s | 2BR,1BA | $1.26 |
| Shelard Village Apartments | The Loon | 2BR,1.5BA | $1.62 |
| Plymouth Commons | 2x2 A | 2BR,2BA | $1.30 |
| Park Place Apartments | A1R | 1BR,1BA | $1.69 |
| Avana Minnetonka | A1E | 1BR,1BA | $1.54 |
| Four Seasons Villa | 1BD | 1BR,1BA | $1.37 |
| Countryside Estates | Hemlock | 2BR,1BA | $1.70 |
| Burgundy And Hillsboro | A2 | 1BR,1BA | $1.43 |
| Lancaster Village Apartments | 1 Bedroom Large | 1BR,1BA | $1.75 |
Frequently Asked Questions about Medicine Lake
What type of rentals are currently available in Medicine Lake?
There are currently 59 Apartments for Rent in Medicine Lake, MN with pricing that ranges from $975 to $13,856. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Medicine Lake ranging from $1,250 to $7,500.
What is the current price range for Rental Homes in Medicine Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Medicine Lake ranges from $1,250 to $7,500 with an average monthly rent of $2,446.
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

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

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Articles, How-To's, and Tips

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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
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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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.