
Cheap Homes for Rent in Silver Lake, MN from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Silver Lake.


255 6th Ave NE

4470 Denbigh Rd

245 Monroe St SE

301 Central Ave
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.

211 Canal Dr

212 Beach

821 Creekside Cir

1021 6th Ave NE
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.

524 W 3rd St

212 Division St E

225 3rd St E

5043 Shoreline Dr
Silver Lake, MN Local Guide

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 | $1,748 | $1,100 | $2,199 |
Silver Lake 3 Bedroom Homes for Rent | $2,223 | $1,450 | $3,750 |
Silver Lake 4 Bedroom Homes for Rent | $3,557 | $1,600 | $8,500 |
Silver Lake 5 Bedroom Homes for Rent | $4,459 | $2,450 | $8,500 |
Browse Top Homes for Rent in Silver Lake
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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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Howard Lake Apartments | One Bedroom | 1BR,1BA | $675 |
907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $800 |
Mansard Apartments | Two Bedroom and 1 Bath | 2BR,1BA | $900 |
Riverwalk Apartments | 1 bedroom 1 bath | 1BR,1BA | $929 |
Parkview Terrace | Corner | 2BR,1BA | $950 |
Best Value Apartments for Rent in Silver Lake, MN and Nearby
As of July 23, 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 2B/1B/Small Model at Maple Tree Villa Apartments starting at $1,120 with a $1.17 price per square foot in the Willow Glen Carriage 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 |
Maple Tree Villa Apartments | 2B/1B/Small | 2BR,1BA | $1.17 |
Evergreen Square Apartments | lg 2 bedroom | 2BR,2BA | $1.35 |
Wolverine Meadows | 2 Bedroom 2 Bath | 2BR,2BA | $1.44 |
Mansard Apartments | Two Bedroom and 1 Bath | 2BR,1BA | $1.00 |
Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
Parkview Terrace | Corner | 2BR,1BA | $1.16 |
Prairie Village | Prairie Village 2 Bedroom | 2BR,1BA | $1.29 |
907 Dale St Apartments | 1 Bedroom | 1BR,1BA | $1.23 |
Howard Lake Apartments | One Bedroom | 1BR,1BA | $1.40 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 55 Apartments for Rent in Silver Lake, MN with pricing that ranges from $675 to $3,987. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $800 to $8,500.
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 $800 to $8,500 with an average monthly rent of $2,557.
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.