Cheap Apartments for Rent in Silver Lake, MN from $600 (40 Rentals)

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

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.

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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The Preserve at Pintail Ponds
Rent Specials
$1,085 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,720
Required Monthly Fees
$5

Total Monthly Price
$1,085 - $1,725
1 to 2 Bedroom Apartments Available Now

The Preserve at Pintail Ponds

160 Ash Street EastAnnandale, MN 55302
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  • Utilities Included

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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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 Townhomes
1 to 2 Bedroom Apartments

Autumn Glen Townhomes

502-510 W 8th StWinthrop, MN 55396
  • 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
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Linden Wood Apartments
1 to 2 Bedroom Apartments

Linden Wood Apartments

215 Linden Ave WWinsted, MN 55395
  • 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

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.

property at 551 Milky Way St S

551 Milky Way St S

CosmosMN56228
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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
property at 56 Birch Ave S

56 Birch Ave S

Maple LakeMN55358
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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

255 6th Ave NE

HutchinsonMN55350
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Vista Ridge
1 to 3 Bedroom Apartments

Vista Ridge

861 Vista BlvdWaconia, MN 55387
  • Utilities Included

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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Interlaken Place
2 to 3 Bedroom Apartments

Interlaken Place

925 Airport RdWaconia, MN 55387
  • Utilities Included

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. Autumn Glen Apartments 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 Bed1BR,1BA$675
Autumn Glen ApartmentsOne Bedroom1BR,1BA$800
907 Dale St Apartments1 Bedroom1BR,1BA$800
Country Club Manor1 Bedroom 1 Bathroom1BR,1BA$895
Parkview TerraceCorner2BR,1BA$950
9080 County Road 502 Bedroom2BR,1BA$975
Ward Rentals in Hutchinson1 Bed at Regency1BR,1BA$1,000
Shoreline Place2 bed / 1 ba2BR,1BA$1,059
The Preserve at Pintail PondsAcacia1BR,1BA$1,085
Dockside Apartments on Lake MinnetonkaThe Reflection1BR,1BA$1,120

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

As of October 06, 2025 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 Bedroom 1 Bath + Den Model at Wolverine Meadows starting at $1,420 with a $1.42 price per square foot . 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
Wolverine Meadows2 Bedroom 1 Bath + Den2BR,1BA$1.42
Evergreen Square Apartments3 bedroom3BR,1BA$1.40
Ward Rentals in HutchinsonFREE 1st Month! 2 Bed at Regency2BR,1BA$1.39
Langdon Lake Apartments2 BR/1 BA2BR,1BA$1.41
9080 County Road 502 Bedroom2BR,1BA$1.15
Parkview TerraceCorner2BR,1BA$1.16
907 Dale St Apartments1 Bedroom1BR,1BA$1.23
Autumn Glen ApartmentsOne Bedroom1BR,1BA$1.25
Howard Lake Apartments1 Bed1BR,1BA$1.40

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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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Getting 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

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 The Willows of Annandale listed at $1,195.

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 $795 at Howard Lake 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 Evergreen Square Apartments and starts from $1,399.

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.

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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! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.