617 E 8th St
DuluthMN55805
Cheap Homes for Rent in Silver Bay, MN from $1,100 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Bay.
3947 E Calvary Rd
DuluthMN55803
2231 W 3rd St
DuluthMN55806
1428-1/2 E 3rd St
DuluthMN55805
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.
904 E 4th St
DuluthMN55805
1114 Cumming Ave
SuperiorWI54880
707 E 2nd St
DuluthMN55805
624 N 11th Ave E
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.
Showing Results 1-8, Page 1 of 1
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 | $2,179 | $1,400 | $3,500 |
| Silver Bay 3 Bedroom Homes for Rent | $2,072 | $1,500 | $3,500 |
| Silver Bay 4 Bedroom Homes for Rent | $2,023 | $1,500 | $3,200 |
| Silver Bay 5 Bedroom Homes for Rent | $2,465 | $2,200 | $2,695 |
| Silver Bay 6 Bedroom Homes for Rent | $2,865 | $2,575 | $3,050 |
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 1 Bed unit found at Duluth Board of Trade - Lofts in the Observation Hill neighborhood priced from $1,009. Leijona Apartments in the Duluth Heights neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,071. Here is today’s list of the most affordable Silver Bay apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Duluth Board of Trade - Lofts | One Bedroom One Bathroom | 1BR,1BA | $1,009 |
| Leijona Apartments | 1BR/1.0BA | 1BR,1BA | $1,071 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Silver Bay, MN and Nearby
As of April 26, 2026 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 $1,700 with a $1.42 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 | $1.42 |
| Bridgeman Russell | One Bedroom Loft | 1BR,1BA | $1.47 |
| Villa Hills | **Contact us for Availability** | 2BR,1BA | $1.78 |
| CityView Flats | 1Bedroom | 1BR,1BA | $1.69 |
| Les Chateaux | Bollard | 1BR,1BA | $2.12 |
| Village Place Apartments | 1 Bedroom Market Rate | 1BR,1BA | $1.47 |
| Leijona Apartments | 2BR/1.0BA | 2BR,1BA | $2.16 |
| Baypoint Shoreline | 1 Bedroom - brv REMODEL | 1BR,1BA | $2.12 |
| Duluth Board of Trade - Lofts | One Bedroom One Bathroom | 1BR,1BA | $1.71 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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 ArticleThe 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
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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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 $5,822. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Bay ranging from $1,100 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 $1,100 to $3,500 with an average monthly rent of $1,989.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.