Cheap Apartments for Rent in Round Lake, MN from $500 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Round Lake.

property at 924 4th St

924 4th St

GarretsonSD57030

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.

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property at 808 Hills Ave

808 Hills Ave

JacksonMN56143
property at 1005 4th St

1005 4th St

GarretsonSD57030

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.

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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
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Rolfe 20-Unit
2 Bedroom Apartments

Rolfe 20-Unit

1106-1108 Elm StRolfe, IA 50581
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
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300 Highland Ct
1 Bedroom Apartments

300 Highland Ct

300 Highland CtTyler, MN 56178
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Damax Apartments
1 to 2 Bedroom Apartments

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Tanglewood Estates
1 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
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1851 26th St
1 Bedroom Apartments

1851 26th St

1851 26th StSlayton, MN 56172
Senior Living
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109 E Luverne St
1 to 2 Bedroom Apartments

109 E Luverne St

109 E Luverne StLuverne, MN 56156
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
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Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

260 S 4th StAkron, IA 51001
Senior Living
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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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Le Mars Estates
2 to 3 Bedroom Apartments

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
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Showing Results 1-41, Page 1 of 1

Round Lake, MN Local Guide

Cheapest Available Round Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Round Lake, MN is a 2 Beds unit found at Rolfe 20-Unit priced from $500. Deer Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $660. Here is today’s list of the most affordable Round Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit2 Bedroom2BR,1BA$500
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$660
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$700
Windcrest Village Apartments & TownhomesStudio ApartmentStudio,1BA$740
Aspen Ridge Reserve1 Bedroom 1 Bathroom Apartment1BR,1BA$755
Okabena Tower 40+1 BR/1 BA1BR,1BA$785
Park View Apartments2 Bedroom / 1 Bath2BR,1BA$875
St. James ApartmentsOne Bedroom1BR,1BA$900
Cypress Pointe Apartments2 Bedroom2BR,1BA$906

Best Value Apartments for Rent in Round Lake, MN and Nearby

As of June 11, 2025 the best value apartment in the Round Lake area is the $0.75 price per square foot 3 Beds, 1.5 baths Model at Eagle Ridge Townhomes in the starting from $1,015. The second greatest value Round Lake apartment is the E - 3 Bedroom Model at Lakeside Apartments starting at $1,399 with a $1.14 price per square foot . Here is today’s list of the best values for Round Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Eagle Ridge Townhomes3 Beds, 1.5 baths3BR,1.5BA$0.75
Lakeside ApartmentsE - 3 Bedroom3BR,2BA$1.14
Windom Landing2 Bedroom - Upper Level2BR,2BA$0.84
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.11
Eytcheson Estates Sherburn2 Bedroom2BR,1BA$0.93
St. James ApartmentsOne Bedroom1BR,1BA$1.25
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.26
Deer Creek Apartments1 Bed 1 Bath Apartment1BR,1BA$1.06
Rolfe 20-Unit2 Bedroom2BR,1BA$0.82
172 North St, Unit 172172 North St1BR,1BA$0.89

Quick 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.

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

Explore Round Lake, MN Rentals by Map

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See the most popular apartments and homes in Round Lake, MN

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Getting Around Round Lake, MN

Walk Score®

5 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

28 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Round Lake Apartments

What is the Cheapest Studio apartment in Round Lake?

Currently the most affordable Cheap Studio Apartment in Round Lake is at Windcrest Village Apartments & Townhomes listed at $740.

How much is rent for a Cheap One Bedroom Round Lake Apartment?

The lowest price for a Cheap One Bedroom Round Lake Apartment is $660 at Deer Creek Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Round Lake is starting from $500 at Rolfe 20-Unit.

What is the most affordable Round Lake Three Bedroom Apartment?

The best deal on a cheap Round Lake Three Bedroom Apartment rental is at Eagle Ridge Townhomes and starts from $1,015.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.