
Cheap Homes for Rent near Round Lake, MN from $775 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Round Lake.


303 N Ash St

1801 19th St
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.

270 US-59

232 Fremont St S

1011 Pleasant St
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.

1204 Hill Ave
Round Lake, MN Local Guide

How much does it cost to rent a home in Round Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Round Lake 2 Bedroom Homes for Rent | $990 | $775 | $1,200 |
| Round Lake 3 Bedroom Homes for Rent | $1,440 | $950 | $1,700 |
| Round Lake 4 Bedroom Homes for Rent | $1,950 | $1,950 | $1,950 |
Browse Top Homes for Rent in Round Lake
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Round Lake, MN Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rolfe 20-Unit | 1 Bedroom | 1BR,1BA | $495 |
| 501 W 1st St S | 2 BED/1 BATH | 2BR,1BA | $600 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $701 |
Best Value Apartments for Rent in Round Lake, MN and Nearby
As of August 26, 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 Studio Model at 1212 Heckman Ct starting at $750 with a $0.83 price per square foot . Here is today’s list of the best values for Round Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windom Landing | 4bed/2bath | 4BR,2BA | $0.76 |
| 1212 Heckman Ct | Studio | Studio ,1BA | $0.83 |
| Trimont Square Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.04 |
| Nobles Square Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
| Downtown Estates | 1 Bed, 1 bath | 1BR,1BA | $0.99 |
| Hartshorn Manor | 1 Bed, 1 bath | 1BR,1BA | $1.12 |
| Eytcheson Estates Sherburn | 2 Bedroom | 2BR,1BA | $0.93 |
| Eytcheson Estates Welcome | 1 Bedroom | 2BR,1BA | $0.93 |
| 501 W 1st St S | 1 BED/1 BATH | 1BR,1BA | $0.84 |
| Rolfe 20-Unit | 2 Bedroom | 2BR,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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Round Lake, MN
Frequently Asked Questions about Round Lake
What type of rentals are currently available in Round Lake?
There are currently 62 Apartments for Rent in Round Lake, MN with pricing that ranges from $665 to $1,895. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Round Lake ranging from $775 to $1,950.
What is the current price range for Rental Homes in Round Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Round Lake ranges from $775 to $1,950 with an average monthly rent of $1,195.
How much are larger Three and Four Bedroom Rentals in Round Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Round Lake range from $1,230 to $1,895, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $1,700. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $1,100.
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

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.

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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
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.