Cheap Apartments for Rent near Rake, IA from $427 (64 Rentals)

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College Station
Rent Specials
$427 - $2,135

Total Monthly Price

Base Rent$427 - $2,135
Total Monthly Price$427 - $2,135
12 Month Lease Term
5 Bedroom Apartments Available Now

College Station

1341 Pohl RdMankato, MN 56001
Student Housing
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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.

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114 W 14th St
$750 - $850

Total Monthly Price

Base Rent$750 - $850
Total Monthly Price$750 - $850
1 Month Lease Term
1 to 2 Bedroom Apartments Contact Us For Availability

114 W 14th St

114 W 14th StBlue Earth, MN 56013
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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.

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Valley View Apartments
$900 - $1,000

Total Monthly Price

Base Rent$900 - $1,000
Total Monthly Price$900 - $1,000
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Valley View Apartments

450-470 James AveMankato, MN 56001
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Glenwood Terrace
$985

Total Monthly Price

Base Rent$985
Total Monthly Price$985
12 Month Lease Term
2 Bedroom Apartments Available Now

Glenwood Terrace

107-115 Parkway AveMankato, MN 56001
Active Lifestyle
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Highland Hills Apartments
Rent Specials
$1,000 - $1,980

Total Monthly Price

Base Rent$1,000 - $1,980
Total Monthly Price$1,000 - $1,980
12 Month Lease Term
2 to 5 Bedroom Apartments Available Now

Highland Hills Apartments

1340 Warren StMankato, MN 56001
Active Lifestyle
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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.

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201 Pilgrim St
$1,000 - $1,100

Total Monthly Price

Base Rent$1,000 - $1,100
Total Monthly Price$1,000 - $1,100
1 to 2 Bedroom Apartments Available Now

201 Pilgrim St

201 Pilgrim StSaint Clair, MN 56080
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Southwood Flats
$1,004 - $1,204

Total Monthly Price

Base Rent$1,004 - $1,204
Total Monthly Price$1,004 - $1,204
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Southwood Flats

520 James AveMankato, MN 56001
Student Living
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The Grove at Mankato
Rent Specials
$1,036 - $1,895

Total Monthly Price

Base Rent$940 - $1,799
Required Monthly Fees$96
Total Monthly Price$1,036 - $1,895
11 Month Lease Term
1 to 3 Bedroom Apartments Available Now

The Grove at Mankato

200 Briargate RdMankato, MN 56001
Student Housing
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Gray Hawk Apartments
$1,045 - $1,125

Total Monthly Price

Base Rent$1,045 - $1,125
Total Monthly Price$1,045 - $1,125
12 Month Lease Term
2 Bedroom Apartments Contact Us For Availability

Gray Hawk Apartments

160-180 Homestead RdMankato, MN 56001
Family Friendly
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The Edge Apartments
Rent Specials
$1,080 - $1,330

Total Monthly Price

Base Rent$1,050 - $1,300
Required Monthly Fees$30
Total Monthly Price$1,080 - $1,330
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Edge Apartments

1902 Warren StMankato, MN 56001
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Cedar Meadow Apartments
Rent Specials
$1,099 - $1,299

Total Monthly Price

Base Rent$1,099 - $1,299
Total Monthly Price$1,099 - $1,299
12 Month Lease Term
3 Bedroom Apartments Available Now

Cedar Meadow Apartments

701 S Victory DrMankato, MN 56001
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Parkview Place
Rent Specials
$1,110 - $1,460

Total Monthly Price

Base Rent$995 - $1,345
Required Monthly Fees$115
Total Monthly Price$1,110 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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Village Place Flats
Rent Specials
$1,150 - $1,300

Total Monthly Price

Base Rent$1,150 - $1,300
Total Monthly Price$1,150 - $1,300
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

Village Place Flats

210 Thomas DrMankato, MN 56001
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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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Shalom Tower II
1 Bedroom Apartments

Shalom Tower II

321 4th St NEMason City, IA 50401
Senior Living
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The Manor
1 to 2 Bedroom Apartments

The Manor

4 3rd St NWMason City, IA 50401
Senior Living
property at 107 Main St E
$845 - $1,100

Total Monthly Price

Base Rent$845
Total Monthly Price$845
1 To 2 Bedroom Rentals
Available Now

107 Main St E

Clarks GroveMN56016

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.

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Rake, IA Local Guide

Cheapest Available Rake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Rake, IA is a 1 Bed unit found at Regency Apartments priced from $200. Burt 18-Unit (Countryside Properties) has the second lowest priced unit, which is a 1 Bed apartment currently listed from $425. Here is today’s list of the most affordable Rake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Regency Apartments1 BD1BR, 1BA$200
Burt 18-Unit (Countryside Properties)1 Bedroom1BR, 1BA$425
College Station5 Bedroom 2 bath5BR, 2BA$427
Key ApartmentsEfficiencyStudio, 1BA$500
18 S Adams AveOne Bedroom1BR, 1BA$525
Key West ApartmentsStudioStudio, 1BA$550
501 W 1st St S2 BED/1 BATH2BR, 1BA$600
Eytcheson Estates Welcome1 Bedroom2BR, 1BA$701
Skye Lofts ApartmentsOne Bedroom Unit1BR, 1BA$790
City Center Kent Apartments1 Bedroom1BR, 1BA$800

Best Value Apartments for Rent in Rake, IA and Nearby

As of September 18, 2026 the best value apartment in the Rake area is the $0.32 price per square foot 5 Bedroom 2 bath Model at College Station in the University neighborhood starting from $427. The second greatest value Rake apartment is the Three Bedroom Model at 219 6th St SW starting at $1,300 with a $1.06 price per square foot. Here is today’s list of the best values for Rake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
College Station5 Bedroom 2 bath5BR, 2BA$0.32
219 6th St SWThree Bedroom3BR, 2BA$1.06
Northern Place ApartmentsTwo Bedroom2BR, 1BA$1.08
Trimont Square Apartments1 Bed, 1 bath1BR, 1BA$1.04
Halter Vista Apartments2 Beds, 1 bath2BR, 1BA$1.03
Bunting Lane ApartmentsIndividual Roommates Included!2BR, 2BA$0.73
Eytcheson Estates Welcome1 Bedroom2BR, 1BA$0.93
501 W 1st St S1 BED/1 BATH1BR, 1BA$0.84
Regency Apartments1 BD1BR, 1BA$0.35
18 S Adams AveOne Bedroom1BR, 1BA$0.95

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Cheap Rake Apartments

What is the Cheapest Studio apartment in Rake?

Currently the most affordable Cheap Studio Apartment in Rake is at Key Apartments listed at $500.

How much is rent for a Cheap One Bedroom Rake Apartment?

The lowest price for a Cheap One Bedroom Rake Apartment is $200 at Regency Apartments.

What is the lowest price for a Cheap Two Bedroom Rake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Rake is starting from $600 at 501 W 1st St S.

What is the most affordable Rake Three Bedroom Apartment?

The best deal on a cheap Rake Three Bedroom Apartment rental is at Cedar Meadow Apartments and starts from $1,099.

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

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Rent According to Income: A Look at Income-Restricted Rentals

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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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

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Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.