1020 2nd Ave W
AshlandWI54806
Cheap Homes for Rent in Silver Bay, MN from $800 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Bay.
5018 Tioga St
DuluthMN55804
4914 St Croix Dr
SuperiorWI54880
921 E 8th St
DuluthMN55805
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.
4905 Michigan Dr
SuperiorWI54880
2324 W 7th St
DuluthMN55806
4904 Bay Dr
SuperiorWI54880
209 E 3rd St
DuluthMN55805
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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Silver Bay, MN Local Guide
Lake Superior by Kablammo is licensed under Public Domain
How much does it cost to rent a home in Silver Bay?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Bay 2 Bedroom Homes for Rent | $1,928 | $1,250 | $3,500 |
| Silver Bay 3 Bedroom Homes for Rent | $2,199 | $1,375 | $3,500 |
| Silver Bay 4 Bedroom Homes for Rent | $2,222 | $1,850 | $3,300 |
| Silver Bay 5 Bedroom Homes for Rent | $2,412 | $2,300 | $2,550 |
| Silver Bay 6 Bedroom Homes for Rent | $2,706 | $2,625 | $2,775 |
| Silver Bay 7 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Silver Bay, MN Local Guide
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Cheapest Available Silver Bay Apartments for Rent and Nearby
The cheapest available apartment rental in Silver Bay, MN is a Studio unit found at Lesterwood Apartments in the Lakeside-Lester Park neighborhood priced from $975. CityView Flats in the Observation Hill neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,000. Here is today’s list of the most affordable Silver Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lesterwood Apartments | Studio | Studio,1BA | $975 |
| CityView Flats | Studio | Studio,1BA | $1,000 |
| Mount Royal Manor | Efficiency / 1 Bathroom - (5th and 6th Floor) | Studio,1BA | $1,075 |
Best Value Apartments for Rent in Silver Bay, MN and Nearby
As of December 27, 2025 the best value apartment in the Silver Bay area is the $1.64 price per square foot 2 Bedroom- br Model at The Harbours in the in the Observation Hill neighborhood starting from $1,985. The second greatest value Silver Bay apartment is the 2 Bed Model at Tropicana Apartments starting at $1,600 with a $1.33 price per square foot in the East End neighborhood. Here is today’s list of the best values for Silver Bay apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Harbours | 2 Bedroom- br | 2BR,2BA | $1.64 |
| Tropicana Apartments | 2 Bed | 2BR,2BA | $1.33 |
| Summit Ridge Luxury Apartments | Park Point | 3BR,2BA | $0.64 |
| Bridgeman Russell | One Bedroom Loft | 1BR,1BA | $1.47 |
| Mount Royal Apartment | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1.74 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1.38 |
| Villa Hills | 2 Bed 1 Bath, First Floor | 2BR,1BA | $1.73 |
| Highland Village Apartments | 1 Bedroom | 1BR,1BA | $1.60 |
| Cove Apartments | Jetty | 2BR,1BA | $2.00 |
| Lesterwood Apartments | Studio | Studio ,1BA | $1.95 |
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.
Read Article
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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Explore Silver Bay, MN Rentals by Map
See the most popular apartments and homes in Silver Bay, MN
Frequently Asked Questions about Silver Bay
What type of rentals are currently available in Silver Bay?
There are currently 39 Apartments for Rent in Silver Bay, MN with pricing that ranges from $785 to $5,821. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Bay ranging from $815 to $3,500.
What is the current price range for Rental Homes in Silver Bay?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Bay ranges from $815 to $3,500 with an average monthly rent of $2,246.
How much are larger Three and Four Bedroom Rentals in Silver Bay?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Bay range from $1,900 to $3,899, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,850 and Four Bedroom Apartments start at $1,850.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!