Cheap Apartments for Rent in Shafer, MN from $600 (31 Rentals)

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

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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Taylors Falls Villas
1 to 3 Bedroom Apartments

Taylors Falls Villas

621-667 Linden CtTaylors Falls, MN 55084
  • Utilities Included
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956 Place Apartments
1 to 2 Bedroom Apartments

956 Place Apartments

956 12th St SWForest Lake, MN 55025
  • 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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Headwaters Landing
1 to 3 Bedroom Apartments

Headwaters Landing

20041 Fitzgerald Trl NForest Lake, MN 55025
  • Utilities Included
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Alpine Apartments
1 to 2 Bedroom Apartments

Alpine Apartments

231 4th Ave NWForest Lake, MN 55025
Showing Results 1-31, Page 1 of 1

Shafer, MN Local Guide

Cheapest Available Shafer Apartments for Rent and Nearby

 

The cheapest available apartment rental in Shafer, MN is a Studio unit found at Arbor View Apartments in the Washington Far Eastern Suburbs neighborhood priced from $1,030. 844 4th St SW in the Washington Far Eastern Suburbs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here is today’s list of the most affordable Shafer apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Arbor View ApartmentsEfficiency 1-01Studio,1BA$1,030
844 4th St SW1 bedroom1BR,1BA$1,100
Autumn Hills ApartmentsBirch2BR,1BA$1,140
Stonebridge Apartments2BR/1.0BA2BR,1BA$1,179
Forest Lake NorthShore Apartments LLC (1167)1BR/1.0BA1BR,1BA$1,195
Forest Park II Apartments LLC1BR/1.0BA1BR,1BA$1,195
Chisago Lake ApartmentsStudio AStudio,1BA$1,195
Cascade FallsTWO BR WASHER/DRYER UNIT W/GARAGE2BR,1BA$1,199
Kilkenny CourtOne Bedroom 1A1BR,1BA$1,216
Seven Pines ApartmentsOne Bedroom1BR,1BA$1,269

Best Value Apartments for Rent in Shafer, MN and Nearby

As of March 06, 2026 the best value apartment in the Shafer area is the $1.19 price per square foot Three Bedroom, Two Bedroom Model at Fitzgerald Flats in the in the Washington Far Eastern Suburbs neighborhood starting from $1,560. The second greatest value Shafer apartment is the Two Bedrooms Two Bathrooms Model at JACK PINE PLACE APARTMENTS starting at $1,785 with a $1.50 price per square foot in the Victor Gardens neighborhood. Here is today’s list of the best values for Shafer apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Fitzgerald FlatsThree Bedroom, Two Bedroom3BR,2BA$1.19
JACK PINE PLACE APARTMENTSTwo Bedrooms Two Bathrooms2BR,2BA$1.50
Springwood ApartmentsBellevue3BR,1BA$1.50
FOSTER PLACE2 Bedroom 2 Bathroom - Lower2BR,2BA$1.58
Greystone ApartmentsTahoe3BR,1BA$1.41
Autumn Hills ApartmentsBirch2BR,1BA$1.14
Westview ApartmentsTwo Bedroom One Bath H2BR,1BA$1.45
Falcon Apartments2 Bedroom/1 Bath Apartment A2BR,1BA$1.54
Cascade Falls2 BR WITH WASHER/DRYER WITH GARAGE2BR,1BA$1.43
Stonebridge Apartments2BR/1.0BA2BR,1BA$1.47

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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!

Explore Shafer, MN Rentals by Map

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See the most popular apartments and homes in Shafer, MN

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Frequently Asked Questions about Cheap Shafer Apartments

What is the Cheapest Studio apartment in Shafer?

Currently the most affordable Cheap Studio Apartment in Shafer is at Arbor View Apartments listed at $1,030.

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

The lowest price for a Cheap One Bedroom Shafer Apartment is $1,100 at 844 4th St SW.

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

Today's best deal for a Cheap Two Bedroom Apartment in Shafer is starting from $1,140 at Autumn Hills Apartments.

What is the most affordable Shafer Three Bedroom Apartment?

The best deal on a cheap Shafer Three Bedroom Apartment rental is at Greystone Apartments and starts from $1,439.

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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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.