close
View Me
from $6751 to 2 Bedroom Apartments Available Now
Howard Lake Apartments
1208 7th StHoward Lake, MN 55349
Cheap Apartments for Rent in Silver Lake, MN from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Silver Lake.
close
View Me
close
View Me
from $8951 to 2 Bedroom Apartments Contact Us For Availability
Country Club Manor
765 School Rd NWHutchinson, MN 55350
close
View Me
from $9002 Bedroom Apartments Available Now
Mansard Apartments
325 Jefferson St SEHutchinson, MN 55350
close
View Me
from $9501 to 3 Bedroom Apartments Available Aug 11
Highfield Apartments
96 Denver Ave SEHutchinson, MN 55350
close
View Me
Rent Specials
from $9701 to 3 Bedroom Apartments Available Jul 1
Prairie Village
800 Meadow Lake PlWaconia, MN 55387
close
View Me
from $975Studio to 2 Bedroom Apartments Available Aug 1
Pintail Ponds Apartment Homes
60 Pintail DrAnnandale, MN 55302
close
View Me
from $9901 to 2 Bedroom Apartments Available Now
Evergreen Square Apartments
911 6th Ave NEBuffalo, MN 55313
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.
close
View Me
Rent Specials
from $1,0001 to 3 Bedroom Apartments Available Now
Wolverine Meadows
630 Harvey DrGaylord, MN 55334
close
View Me
from $1,0001 to 3 Bedroom Apartments Available Sep 1
Lone Oak Apartments
102 14th St NEBuffalo, MN 55313
close
View Me
from $1,000Studio to 3 Bedroom Apartments Available Now
Bayview Apartments
2400 Interlachen RdSpring Park, MN 55384
close
View Me
from $1,0301 Bedroom Apartments Contact Us For Availability
Hidden Cove Apartments
1001 6th Ave NEBuffalo, MN 55313
close
View Me
from $1,0451 to 2 Bedroom Apartments Available Now
Lake Point South Apartments
1506 Anderson AveBuffalo, MN 55313
close
View Me
from $1,0551 to 3 Bedroom Apartments Available Aug 1
Panther Heights Apartments
2905 14th St EGlencoe, MN 55336
close
View Me
Rent Specials
from $1,0951 to 2 Bedroom Apartments Available Now
Dockside Apartments on Lake Minnetonka
2450 Island DrSpring Park, MN 55384
close
View Me
close
View Me
from $1,1001 to 3 Bedroom Apartments Available Jul 12
Ward Rentals in Hutchinson
705 Century Ave SWHutchinson, MN 55350
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.
close
View Me
close
View Me
from $1,1201 to 2 Bedroom Apartments Available Jul 1
Maple Tree Villa Apartments
906 3rd Ave NEBuffalo, MN 55313
close
View Me
from $1,1491 to 2 Bedroom Apartments Available Now
Riverwalk Apartments
405-407 River St SDelano, MN 55328
close
View Me
from $1,190Studio to 2 Bedroom Apartments Available Now
Granite Works Apartments
35 Granite LnDelano, MN 55328
close
View Me
from $1,2002 Bedroom Apartments Available Now
Langdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
close
View Me
from $1,2501 Bedroom Apartments Available Now
Minnetonka Edgewater
4177 Shoreline DrSpring Park, MN 55384
close
View Me
Rent Specials
from $1,2991 to 2 Bedroom Apartments Available Now
Lakecrest Apartments
5600 Grandview BlvdMound, MN 55364
close
View Me
close
View Me
close
View Me
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.
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
close
View Me
305.5 Central Ave
BuffaloMN55313
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.
close
View Me
close
View Me
Showing Results 1-38, Page 1 of 1
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 | $1,177 | $975 | $1,530 |
| Silver Lake 1 Bedroom Apartments | $1,564 | $675 | $2,250 |
| Silver Lake 2 Bedroom Apartments | $1,790 | $695 | $2,844 |
| Silver Lake 3 Bedroom Apartments | $2,394 | $1,180 | $3,852 |
| Silver Lake 4 Bedroom Apartments | $2,589 | $2,400 | $2,769 |
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 Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $675. 45 N High Dr NW in the Downtown Hutchinson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Silver Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | One Bedroom | 1BR,1BA | $675 |
| 45 N High Dr NW | 2 bedroom | 2BR,1BA | $695 |
| Mansard Apartments | Two Bedroom and 1 Bath | 2BR,1BA | $900 |
| Evergreen Square Apartments | 1 bedroom | 1BR,1BA | $990 |
| Lake Point South Apartments | 1 Bedroom | 1BR,1BA | $1,045 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1,095 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1,250 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,299 |
| Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1,300 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of June 17, 2025 the best value apartment in the Silver Lake area is the $1.27 price per square foot 2 bedroom Model at Evergreen Square Apartments in the in the Willow Glen Carriage neighborhood starting from $1,200. The second greatest value Silver Lake apartment is the 2 Bedroom 2 Bath Model at Wolverine Meadows starting at $1,330 with a $1.44 price per square foot . 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. |
|---|---|---|---|
| Evergreen Square Apartments | 2 bedroom | 2BR,1BA | $1.27 |
| Wolverine Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.44 |
| Mansard Apartments | Two Bedroom and 1 Bath | 2BR,1BA | $1.00 |
| Village Place Apartments 55+ | 2 Bedroom | 2BR,1BA | $1.59 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| 45 N High Dr NW | 2 bedroom | 2BR,1BA | $0.82 |
| 3rd Ave Apartments | Corner/Main Level | 1BR,1BA | $1.67 |
| Lake Point South Apartments | 1 Bedroom | 1BR,1BA | $1.31 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.60 |
| Howard Lake Apartments | One Bedroom | 1BR,1BA | $1.40 |
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.
Let everyone know!
Do you know the Silver Lake area?
If you’re an expert on all things Silver Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Silver Lake, MN Rentals by Map
See the most popular apartments and homes in Silver Lake, MN
Silver Lake, MN Apartments MapSilver Lake, MN Rental Homes MapGetting Around Silver Lake, MN
Walk Score®
17 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $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 $695 at 45 N High Dr NW.
What is the most affordable Silver Lake Three Bedroom Apartment?
The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at The Otto and starts from $2,630.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.