510 2nd St N
DasselMN55325
Cheap Homes for Rent near Silver Lake, MN from $1,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.
619 S Armstrong Ave
LitchfieldMN55355
331 3rd St E
HectorMN55342
8551 Elm St
RockfordMN55373
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
303 Angel Ave SW
WatertownMN55388
720 2nd St N
DasselMN55325
757 Rockford Ave E
DelanoMN55328
116 Rockford Ave E
DelanoMN55328
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
231 Camden Ave S
New GermanyMN55367
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Silver Lake, MN Local Guide
Pine Tree by Tony Webster is licensed under CC BY 2.0
How much does it cost to rent a home in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake 2 Bedroom Homes for Rent | $1,786 | $1,300 | $2,395 |
| Silver Lake 3 Bedroom Homes for Rent | $2,498 | $1,475 | $6,400 |
| Silver Lake 4 Bedroom Homes for Rent | $4,473 | $2,495 | $8,950 |
| Silver Lake 5 Bedroom Homes for Rent | $7,736 | $4,450 | $10,000+ |
| Silver Lake 6 Bedroom Homes for Rent | $11,995 | $10,000 | $10,000+ |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Silver Lake, MN Local Guide
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Cheapest Available Silver Lake Apartments for Rent and Nearby
The cheapest available apartment rental in Silver Lake, MN is a 2 Beds unit found at 45 N High Dr NW in the Downtown Hutchinson neighborhood priced from $695. Parkview Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $792. Here is today’s list of the most affordable Silver Lake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 45 N High Dr NW | 2 Bed/1 Bath | 2BR,1BA | $695 |
| Parkview Apartments | 1 Bedroom | 1BR,1BA | $792 |
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $795 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of September 10, 2026 the best value apartment in the Silver Lake area is the $1.39 price per square foot 2BR Model at Bayview Apartments in the in the Outlying Hennepin Far Western Suburbs neighborhood starting from $1,550. The second greatest value Silver Lake apartment is the Prairie Village 3 Bedroom Model at Prairie Village starting at $1,230 with a $1.25 price per square foot in the Waterford Heartland Row 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. |
|---|---|---|---|
| Bayview Apartments | 2BR | 2BR,2BA | $1.39 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1.25 |
| Evergreen Square Apartments | 2 bedroom 1 bath | 2BR,1BA | $1.35 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| 45 N High Dr NW | 2 Bed/1 Bath | 2BR,1BA | $0.82 |
| 907 Dale St Apartments | 2 Bedroom | 2BR,1.5BA | $1.06 |
| Howard Lake Apartments | 2 Bed | 2BR,1BA | $0.95 |
| Town's Edge Estates | 2 Bedroom/2 Bath S | 2BR,1BA | $1.18 |
| Cedar Acres Apartments | 1 Bed, 1 bath | 1BR,1BA | $1.17 |
| Autumn Glen Apartments | One Bedroom | 1BR,1BA | $1.25 |
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 Article
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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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See the most popular apartments and homes in Silver Lake, MN
Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 74 Apartments for Rent in Silver Lake, MN with pricing that ranges from $675 to $3,890. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $1,000 to $15,000.
What is the current price range for Rental Homes in Silver Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $1,000 to $15,000 with an average monthly rent of $3,514.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.