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$675 - $875
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityHoward Lake Apartments
1208 7th StHoward Lake, MN 55349
Cheap Apartments for Rent in Silver Lake, MN from $600 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Silver Lake.
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$695
Plus Fees1 Month Lease Term
2 Bedroom Apartments Available Now45 N High Dr NW
45 N High Dr NWHutchinson, MN 55350
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$800 - $900
Plus Fees
1 to 2 Bedroom Apartments Available Now907 Dale St Apartments
907 Dale St SWHutchinson, MN 55350
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$930 - $1,165
Plus Fees
1 to 2 Bedroom Apartments Available May 1Country Club Manor
765 School Rd NWHutchinson, MN 55350
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$950 - $975
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowCedar Acres Apartments
1025 Echo DrHutchinson, MN 55350
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$990
Plus Fees
1 Bedroom Apartments Contact Us For AvailabilityPrairie Village
800 Meadow Lake PlWaconia, MN 55387
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Rent Specials
$995
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowYoung America Apartments
326 Central Ave SNorwood Young America, MN 55397
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$1,000 - $1,250
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,000 - $1,250
Total Monthly Price
$1,000 - $1,250
Regency Apartments
235 Echo CirHutchinson, MN 55350
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Rent Specials
$1,000 - $1,620
Plus Fees
1 to 3 Bedroom Apartments Available NowWolverine Meadows
630 Harvey DrGaylord, MN 55334
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$1,020 - $1,540
Plus Fees
1 to 3 Bedroom Apartments Available NowHighfield Apartments
96 Denver Ave SEHutchinson, MN 55350
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.
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$1,040 - $1,286
Plus Fees
1 to 2 Bedroom Apartments Available NowEvergreen Square Apartments
911 6th Ave NEBuffalo, MN 55313
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$1,050 - $1,700
Plus Fees
Studio to 2 Bedroom Apartments Available NowPintail Ponds Apartment Homes
60 Pintail DrAnnandale, MN 55302
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$1,059 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowShoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,070 - $1,370
Total Monthly Price
1 to 3 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,070 - $1,370
Total Monthly Price
$1,070 - $1,370
Lone Oak Apartments
102 14th St NEBuffalo, MN 55313
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$1,100 - $1,500
Plus Fees
Studio to 3 Bedroom Apartments Available Apr 30Bayview Apartments
2400 Interlachen RdSpring Park, MN 55384
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$1,100
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityCottages of Annandale
82 Ash St WAnnandale, MN 55302
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$1,120 - $1,855
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,120 - $1,855
Total Monthly Price
$1,120 - $1,855
Dockside Apartments on Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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$1,125 - $1,600
Plus Fees
1 to 2 Bedroom Apartments Available NowWinsted Fields Apartments
140-150 9th St SWinsted, MN 55395
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$1,129 - $1,389
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowRiverwalk Apartments
405-407 River St SDelano, MN 55328
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$1,150
Plus Fees
2 Bedroom Apartments Available NowParkview Terrace
400 High St NEHutchinson, MN 55350
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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$1,180 - $1,300
Total Monthly Price
1 to 2 Bedroom Apartments Available Jun 1Total Monthly Price
Base Rent
$1,180 - $1,300
Total Monthly Price
$1,180 - $1,300
Maple Tree Villa Apartments
906 3rd Ave NEBuffalo, MN 55313
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Rent Specials
$1,195 - $1,935
Plus Fees
Studio to 3 Bedroom Apartments Available NowThe Willows of Annandale
160 Brookdale BlvdAnnandale, MN 55302
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$1,199 - $1,744
Total Monthly Price12 Month Lease Term
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,150 - $1,695
Required Monthly Fees
$49
Total Monthly Price
$1,199 - $1,744
Ward Rentals in Hutchinson
705 Century Ave SWHutchinson, MN 55350
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$1,199 - $1,599
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLakecrest Village
5600 Grandview BlvdMound, MN 55364
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$1,200 - $1,300
Plus Fees
1 to 2 Bedroom Apartments Available NowLangdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,200 - $1,400
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowVillage Place Apartments of Buffalo
119 1st Ave NEBuffalo, MN 55313
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Rent Specials
$1,307 - $2,396
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,299 - $2,388
Required Monthly Fees
$8
Total Monthly Price
$1,307 - $2,396
The Otto
601 Industrial Blvd WWaconia, MN 55387
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$1,400
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityHidden Cove Apartments
1001 6th Ave NEBuffalo, MN 55313
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$1,425 - $1,825
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowHarbor District Apartments
2360 Commerce BlvdMound, MN 55364
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$1,444 - $2,260
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,384 - $2,200
Required Monthly Fees
$60
Total Monthly Price
$1,444 - $2,260
The Uptown Apartments
233 S Olive StWaconia, MN 55387
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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$1,480 - $1,690
Plus Fees
1 to 2 Bedroom Apartments Available Jun 8The Crossings at Willems Way
915 Willems WayBuffalo, MN 55313
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$1,485
Total Monthly Price
2 Bedroom Apartments Contact Us For AvailabilityTotal Monthly Price
Base Rent
$1,465
Required Monthly Fees
$20
Total Monthly Price
$1,485
Midtown Lofts - NOW OPEN!
306 N Ramsey AveLitchfield, MN 55355
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$1,563 - $3,473
Total Monthly Price12 Month Lease Term
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,490 - $3,400
Required Monthly Fees
Varies
Total Monthly Price
Varies
Wilford
140 S Elm StWaconia, MN 55387
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$1,564 - $3,669
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,495 - $3,600
Required Monthly Fees
Varies
Total Monthly Price
Varies
Rowe
7980 Rose StVictoria, MN 55386
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$1,620 - $1,635
Total Monthly Price
2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,600 - $1,615
Required Monthly Fees
$20
Total Monthly Price
$1,620 - $1,635
The Preserve at Pintail Ponds
160 Ash Street EastAnnandale, MN 55302
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$1,650 - $1,950
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowMinnetonka Edgewater
4177 Shoreline DrSpring Park, MN 55384
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$1,658 - $2,703
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,650 - $2,695
Required Monthly Fees
Varies
Total Monthly Price
Varies
Victoria Flats
1699 Steiger Lake LnVictoria, MN 55386
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Studio to 3 Bedroom Apartments
Lake Ripley Apartments
1205 S Sibley AveLitchfield, MN 55355
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1 to 2 Bedroom Apartments
Autumn Glen Townhomes
502-510 W 8th StWinthrop, MN 55396
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1 to 2 Bedroom Apartments
36 Jefferson Ave E
36 Jefferson Ave EGaylord, MN 55334
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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1 to 2 Bedroom Apartments
Autumn Glen Apartments
822 W Main St WArlington, MN 55307
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1 to 2 Bedroom Apartments
Linden Wood Apartments
215 Linden Ave WWinsted, MN 55395
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1 to 3 Bedroom Apartments
803 W Main St
803 W Main StArlington, MN 55307
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2 Bedroom Apartments
Mansard Apartments
325 Jefferson St SEHutchinson, MN 55350
910 E 2nd St
LitchfieldMN55355
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1 to 2 Bedroom Apartments
Bryant Wood Apartments
5225 Bryantwood DrMaple Plain, MN 55359
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Studio to 2 Bedroom Apartments
9080 County Road 50
9080 County Road 50Rockford, MN 55373
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2 to 3 Bedroom Apartments
Deer Run Apartments
650 Shoreline DrHoward Lake, MN 55349
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1 to 2 Bedroom Apartments
Lake Point South Apartments
1506 Anderson AveBuffalo, MN 55313
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1 to 3 Bedroom Apartments
Panther Heights Apartments
2905 14th St EGlencoe, MN 55336
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.
Silver Lake, MN Local Guide
Pine Tree by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent an apartment in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake Studio Apartments | $1,403 | $1,050 | $1,623 |
| Silver Lake 1 Bedroom Apartments | $1,578 | $675 | $2,548 |
| Silver Lake 2 Bedroom Apartments | $1,804 | $695 | $3,473 |
| Silver Lake 3 Bedroom Apartments | $2,219 | $1,350 | $3,469 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Silver Lake
See all Apartments in Silver LakeExplore Silver Lake
Silver Lake, MN Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 907 Dale St Apartments in the Downtown Hutchinson neighborhood priced from $800. Cedar Acres Apartments in the Downtown Hutchinson neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Silver Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $800 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $950 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $995 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,120 |
| Winsted Fields Apartments | C-2 ADA | 1BR,1BA | $1,125 |
| Parkview Terrace | Corner, remodeled | 2BR,1BA | $1,150 |
| Highfield Apartments | 1 BR 1 BA 3 Story | 1BR,1BA | $1,150 |
| The Willows of Annandale | Studio 1 Bathroom | Studio,1BA | $1,195 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of April 13, 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 3 Bed 1 Bath Upper Level Classic Model at Ward Rentals in Hutchinson starting at $1,604 with a $1.38 price per square foot in the Downtown Hutchinson neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 821 7th Ave NW | 2 Bed | 2BR,2BA | $1.40 |
| Ward Rentals in Hutchinson | 3 Bed 1 Bath Upper Level Classic | 3BR,1BA | $1.38 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.30 |
| Regency Apartments | 2 beds 1 bath | 2BR,1BA | $1.39 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Parkview Terrace | Corner, remodeled | 2BR,1BA | $1.40 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.27 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1.33 |
| 907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
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.
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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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Frequently Asked Questions about Cheap Silver Lake Apartments
How much is rent for a Cheap One Bedroom Silver Lake Apartment?
The lowest price for a Cheap One Bedroom Silver Lake Apartment is $800 at 907 Dale St 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 Highfield Apartments and starts from $1,540.
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
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.
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.