Cheap Apartments for Rent in Silver Lake, MN from $600 (43 Rentals)

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

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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Midtown Lofts - NOW OPEN!
$1,000 - $1,490
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $1,470
Required Monthly Fees
$20
Total Monthly Price
$1,000 - $1,490
Studio to 2 Bedroom Apartments Available Now

Midtown Lofts - NOW OPEN!

306 N Ramsey AveLitchfield, MN 55355
Luxury
  • Verified
  • Utilities Included
  • 3D Tour
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Ward Rentals in Hutchinson
Rent Specials
$1,048 - $1,723
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000 - $1,675
Required Monthly Fees
$48
Total Monthly Price
$1,048 - $1,723
1 to 3 Bedroom Apartments Available Now

Ward Rentals in Hutchinson

705 Century Ave SWHutchinson, MN 55350
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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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The Preserve at Pintail Ponds
Rent Specials
$1,100 - $1,740
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,720
Required Monthly Fees
$20
Total Monthly Price
$1,100 - $1,740
1 to 2 Bedroom Apartments Available Now

The Preserve at Pintail Ponds

160 Ash Street EastAnnandale, MN 55302
  • Verified
  • Utilities Included
  • 3D Tour

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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1205 S Sibley Ave
Studio to 3 Bedroom Apartments

1205 S Sibley Ave

1205 S Sibley AveLitchfield, MN 55355
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Autumn Glen Apartments
1 to 2 Bedroom Apartments

Autumn Glen Apartments

822 W Main St WArlington, MN 55307
Senior Living
  • Utilities Included
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36 Jefferson Ave E
1 to 2 Bedroom Apartments

36 Jefferson Ave E

36 Jefferson Ave EGaylord, MN 55334

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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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
Senior Living
  • Utilities Included
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803 W Main St
1 to 3 Bedroom Apartments

803 W Main St

803 W Main StArlington, MN 55307
  • Utilities Included
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Mansard Apartments
2 Bedroom Apartments

Mansard Apartments

325 Jefferson St SEHutchinson, MN 55350
  • Utilities Included
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Young America Apartments
2 Bedroom Apartments

Young America Apartments

326 Central Ave SNorwood Young America, MN 55397
  • Utilities Included
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Bryant Wood Apartments
1 to 2 Bedroom Apartments

Bryant Wood Apartments

5225 Bryantwood DrMaple Plain, MN 55359
  • Utilities Included
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Deer Run Apartments
2 to 3 Bedroom Apartments

Deer Run Apartments

650 Shoreline DrHoward Lake, MN 55349
  • Utilities Included
property at 255 6th Ave NE

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

255 6th Ave NE

HutchinsonMN55350

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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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included
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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included
property at 4407 Wilshire Blvd

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

4407 Wilshire Blvd

MoundMN55364
Showing Results 1-43, Page 1 of 1

Silver Lake, MN Local Guide

Cheapest Available Silver Lake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Silver Lake, MN is a 1 Bed unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $675. 907 Dale St Apartments in the Downtown Hutchinson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Silver Lake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Howard Lake Apartments1 Bed Subsidized units1BR,1BA$675
907 Dale St Apartments1 Bedroom1BR,1BA$800
Autumn Glen Townhomes1 Bedroom1BR,1BA$800
Mansard ApartmentsTwo Bedroom and 1 Bath2BR,1BA$900
Cedar Acres Apartments1 Bed, 1 bath1BR,1BA$950
Midtown Lofts - NOW OPEN!RegencyStudio,1BA$1,000
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
Country Club Manor2 Bedroom 2 Bathroom2BR,2BA$1,060
Lakecrest Apartments1 Bedroom 1 Bathroom1BR,1BA$1,099
The Preserve at Pintail PondsAcacia1BR,1BA$1,100

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

As of January 09, 2026 the best value apartment in the Silver Lake area is the $1.40 price per square foot 2 Bed Model at 821 7th Ave NW in the starting from $1,750. The second greatest value Silver Lake apartment is the 2 BR/1 BA Model at Langdon Lake Apartments starting at $1,200 with a $1.25 price per square foot in the Outlying Hennepin Far Western Suburbs neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
821 7th Ave NW2 Bed2BR,2BA$1.40
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.25
Cottages of Annandale - 55+ Community2B1B2BR,1BA$1.19
Country Club Manor2 Bedroom 2 Bathroom2BR,2BA$1.19
Mansard ApartmentsTwo Bedroom and 1 Bath2BR,1BA$1.06
Parkview TerraceInterior, Remodeled2BR,1BA$1.40
Autumn Glen Townhomes1 Bedroom1BR,1BA$1.06
Cedar Acres Apartments1 Bed, 1 bath1BR,1BA$1.27
907 Dale St Apartments1 Bedroom1BR,1BA$1.23
Howard Lake Apartments1 Bed Subsidized units1BR,1BA$1.40

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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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 Silver Lake, MN Rentals by Map

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See the most popular apartments and homes in Silver Lake, MN

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Frequently Asked Questions about Cheap Silver Lake Apartments

What is the Cheapest Studio apartment in Silver Lake?

Currently the most affordable Cheap Studio Apartment in Silver Lake is at Midtown Lofts - NOW OPEN! listed at $1,000.

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

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $675 at Howard Lake Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $900 at 907 Dale St Apartments.

What is the most affordable Silver Lake Three Bedroom Apartment?

The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at Rowe and starts from $3,219.

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

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

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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!