Cheap Apartments for Rent near Round Lake, MN from $600 (56 Rentals)

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

property at 15 N Lawler St
$700

Total Monthly Price

Base Rent$700
Total Monthly Price$700
2 Bedroom, 1 Bath Condo for Rent
Available Now

15 N Lawler St, Unit 1

15 N Lawler St
EmmetsburgIA50536
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1212 Heckman Ct
$750 - $950

Total Monthly Price

Base Rent$750 - $950
Total Monthly Price$750 - $950
Studio to 1 Bedroom Apartments Available Now

1212 Heckman Ct

1212 Heckman CtSt. James, MN 56081
Furnished
  • Verified
  • Utilities Included

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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property at 233 N 2nd Ave E
$850

Total Monthly Price

Base Rent$850
Total Monthly Price$850
2 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Now

233 N 2nd Ave E

TrumanMN56088
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Ashley Estates
$895 - $1,230

Total Monthly Price

Base Rent$895 - $1,230
Total Monthly Price$895 - $1,230
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Ashley Estates

314 1st StJackson, MN 56143
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  • Utilities Included
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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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property at 401 N Elm St
$900

Total Monthly Price

Base Rent$900
Total Monthly Price$900
1 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Sep 30

401 N Elm St

FairmontMN56031
  • Smoke Free

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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property at 1204 Hill Ave
$1,000

Total Monthly Price

Base Rent$1,000
Total Monthly Price$1,000
2 Bedroom, 1 Bath Home for Rent
Available Now
Furnished

1204 Hill Ave

Spirit LakeIA51360
  • Smoke Free
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Willow Creek Place
1 Bedroom Apartments

Willow Creek Place

620 14th Ave NELe Mars, IA 51031
Senior Living
  • Utilities Included
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Stately Manor Apartments
1 to 2 Bedroom Apartments

Stately Manor Apartments

1525-1535 Darling DrWorthington, MN 56187
  • Utilities Included
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Dodecagon Plaza
1 to 2 Bedroom Apartments

Dodecagon Plaza

1212 S Grand AveSpencer, IA 51301
  • Utilities Included
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Westside Apartments
1 to 2 Bedroom Apartments

Westside Apartments

1851 26th StSlayton, MN 56172
  • Utilities Included
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Rolfe 20-Unit
1 to 2 Bedroom Apartments

Rolfe 20-Unit

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

Damax Apartments

602 E Warren StLuverne, MN 56156
  • Utilities Included

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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Tanglewood Estates
1 to 2 Bedroom Apartments

Tanglewood Estates

1755-1757 4th AveWindom, MN 56101
  • Utilities Included
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Buffalo Ridge Apartments
1 to 2 Bedroom Apartments

Buffalo Ridge Apartments

2107 Nobles StWorthington, MN 56187
Senior Living
  • Utilities Included
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City Centre Apartments
Studio to 3 Bedroom Apartments

City Centre Apartments

109 E Luverne StLuverne, MN 56156
  • Utilities Included
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Oakwood Apartments
1 Bedroom Apartments

Oakwood Apartments

401 S Oak StEllsworth, MN 56129
  • Utilities Included
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Ridgewood Apartments
1 Bedroom Apartments

Ridgewood Apartments

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

Le Mars Estates

650 4th Ave NELe Mars, IA 51031
  • Utilities Included

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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Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Rolfe 20-Unit priced from $495. 501 W 1st St S has the second lowest priced unit, which is a 2 Beds apartment currently listed from $600. Here is today’s list of the most affordable Round Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rolfe 20-Unit1 Bedroom1BR,1BA$495
501 W 1st St S2 BED/1 BATH2BR,1BA$600
Eytcheson Estates Welcome1 Bedroom2BR,1BA$701
Park View Apartments1 Bed/ 1 Bath1BR,1BA$725
Sunshine Apartments1 Bedroom and 1 bathroom1BR,1BA$725
Tallgrass VillageStudio ApartmentStudio,1BA$730
1212 Heckman CtStudioStudio,1BA$750
Downtown Estates1 Bed, 1 bath1BR,1BA$795
Lewis Hotel ApartmentsStudioStudio,1BA$800
Aspen Ridge ReserveStudio ApartmentStudio,1BA$800

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

As of September 11, 2026 the best value apartment in the Round Lake area is the $0.76 price per square foot 4bed/2bath Model at Windom Landing in the starting from $1,100. The second greatest value Round Lake 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 Round Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windom Landing4bed/2bath4BR,2BA$0.76
219 6th St SWThree Bedroom3BR,2BA$1.06
Joslyn Heights Apartments2 Bed 1 Bath Apartment2BR,1BA$1.06
Trimont Square Apartments1 Bed, 1 bath1BR,1BA$1.04
1212 Heckman CtStudioStudio ,1BA$0.83
Nobles Square Apartments2 Bedroom2BR,1BA$1.11
Downtown Estates1 Bed, 1 bath1BR,1BA$0.99
Eytcheson Estates Welcome1 Bedroom2BR,1BA$0.93
501 W 1st St S1 BED/1 BATH1BR,1BA$0.84
Rolfe 20-Unit2 Bedroom2BR,1BA$0.97

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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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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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 Tallgrass Village listed at $730.

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

The lowest price for a Cheap One Bedroom Round Lake Apartment is $495 at Rolfe 20-Unit.

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 $595 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 219 6th St SW and starts from $1,300.

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

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

Written by: Robin Stewart

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

Written by: Robin Stewart

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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

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.